Trust Stamp discusses its evolution to serving diverse global markets as a SaaS provider of Artificial Intelligence powered technologies and the application for its 37th patent
Atlanta, GA, July 12, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq:IDAI). On the occasion of filing for its 37th patent, Trust Stamp’s Chief Science Officer and Chief Technology Officer provide an overview of the Company’s patent portfolio and the Company’s evolution to supplying AI-powered technologies to a broader global customer base as reflected in the substantial growth in the Company’s customer base announced in the Company’s H1 2024 Business Report on July 11, 2024.
Trust Stamp’s Chief Technology Officer Scott Francis, commented, “From the outset, Trust Stamp has been committed to creating and productizing disruptive AI-powered technologies. Our initial use cases revolved around serving our financial services clients with custom identity authentication and fraud detection tools. But in parallel to the growth in our intellectual property portfolio, we moved in 2023 to focus on a SaaS delivery model. I am pleased to say that the successful implementation of our SaaS Orchestration Layer has allowed a very significant growth in our customer base, from two long-term customers at the end of 2022 to over seventy customers today.”