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Micro Cap Soars On USPTO Issuance

AllPennyStocks.com - Wed Aug 2, 2023

For the second session in a row, an Atlanta-based technology company is stealing the spotlight after trader optimism for the stock has continued to skyrocket. Wednesday’s move comes after the company announced that on July 25, 2023 the United States Patent Office issued to the company Patent # 11,711,216 entitled “Systems and Methods for Privacy-Secured Biometric Identification and Verification”.

Shares of T Stamp Inc. (Nasdaq:IDAI) rallied strongly following this morning’s announcement, with shares reaching up to $2.90/share (+100.00%) at the session high. As previously mentioned, this move is a continuation of Tuesday’s massive rally. This micro cap seems to have no ceiling in sight!

Trust Stamp the Privacy-First Identity Company™ , is a global provider of AI-powered identity services for use in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Its technology empowers organizations with advanced biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities. Located in seven countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).

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