Trust Stamp registers blockchain token in Wyoming digital asset system
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Trust Stamp (NASDAQ: IDAI) registered its TRUSTED token on Wyoming's digital asset register on September 19. The registration was completed by Global Server Management Inc., a Wyoming-based subsidiary of the company.
The TRUSTED token is an ERC-20 token that Trust Stamp deployed on the Ethereum blockchain on May 14, 2021. The token is linked to the company's public wallet address truststamp.eth.
"Trust Stamp's proprietary IT2 and StableKey identity tokens are blockchain optimized digital identity tokens that provide unprecedented privacy-protection," said Gareth N. Genner, chief executive officer of Trust Stamp.
The company holds USPTO Patent 11,681,781, which covers ownership validation for cryptographic asset contracts using irreversibly transformed identity tokens. Genner stated that the patent establishes groundwork for tokens with embedded identity validation.
Trust Stamp provides AI-powered services across multiple sectors including banking, finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. The company operates with team members from 22 nationalities across eight countries in North America, Europe, Asia, and Africa.
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