
Establishing Identity to Empower Global Progress
Billions of people are currently financially and socially excluded from participating in the global market because they are unable to assert their identity. Beyond empowering individual prosperity, enabling inclusion of this massive population will undoubtedly impact in a positive manner the currently connected world in many possible areas, from political discourse to technical innovation.
Enabling individuals with access to life-changing services can create long-term value that spreads beyond local economies, which can all be done at very high standards of privacy and security, even in the absence of infrastructure for identity or digital finance. “When we can recognise and address needs on an individual, human level, then society can deliver the most effective and targeted services to create lasting impact around the world in a seemingly paradoxical way,” said Trust Stamp Research Lead, Dr. Leanne Attard.
Dr. Attard explained that Trust Stamp has subscribed to this year’s Science in the City theme as it revolves around empowering individual advancement to instigate a better world, which is a core concept in Trust Stamp’s cross-industry mission.
As a global artificial intelligence company focused on identity with headquarters in the US and the UK, Trust Stamp, has recently set up a wholly owned R&D subsidiary in Sliema – now their largest innovation hub with over 20 employees – to advance its biometric and cryptographic identity authentication technology. Through recruiting some of Malta’s brightest young minds in science and technology, and working alongside partners in government and private industry, Trust Stamp continues to make strides in its mission of creating transformational technology that accelerates secure societal and financial inclusion. Trust Stamp’s core technology turns biometric and other identifying data into unique Irreversibly Transformed Identity Tokens, (IT)2s, that are safe to use, store and share as secure identifiers, anywhere in the world.
With growing initiatives in emerging markets, the team works to deliver cutting-edge solutions in biometrics, computer vision, machine learning and cryptography to the most unreached parts of the world. Trust Stamp envisages a future where every human, regardless of location or connectivity, can prove their identity. Without that barrier of access to essential services, like healthcare, education and humanitarian aid, there are vast opportunities for social and economic mobility that enhance and elevate the quality of life.
Trust Stamp works with foreword-thinking partners including financial institutions, fintech platforms, government organisations and NGOs. Through continuously innovating advanced transformation algorithms, deep neural networks and other leading AI, Trust Stamp delivers low-friction, privacy-enhancing identity solutions that enable organisations to serve their customers more effectively and reach a broader base of users worldwide, all while protecting against fraud and data loss.
“At Trust Stamp, we believe that creating a tangible, lasting impact requires a diverse team with multifaceted areas of expertise,” said Trust Stamp CEO, Gareth Genner. “Through our operations in Malta, we continue to positively import knowledge while also engaging local expertise in the exciting fields of biometrics, machine learning, computer vision and cryptography. As Trust Stamp grows in Malta, we continue to offer educational and professional opportunities to those living in Malta with interest in ground-breaking niche areas as we seek the skills and passion required to develop and support emerging innovations. With this in mind, Trust Stamp is embracing the Science in the City virtual festival initiative alongside the rich community of technical leaders on Malta’s international stage,” continued Gareth Genner.
- December 11, 2020 No comments Posted in: Press Launches Tags: Trust Stamp