MASHINIi

T Stamp Inc..

IDAI.US | Computer programming activities

T Stamp Inc., also known as Trust Stamp, is a global provider of AI-powered identity services for use in multiple sectors including banking, fintech, regulatory compliance, government, real estate, communications, and humanitarian services. Trust Stamp’s technology empowers organizations with advanc...Show More

Ethical Profile

Mixed.

T Stamp Inc. (IDAI.US) receives a mixed ethical rating. The AI-powered identity authentication provider focuses on data protection and fraud prevention, holding D-Seal certification for ethical digital identity solutions, with approximately 70% of its ethical claims independently verified. The company also holds 20 allowed and issued patents. However, T Stamp identified material weaknesses in internal controls over financial reporting in 2021 and 2022, and underwent one financial restatement. Critics point to a Nasdaq deficiency notice in May 2024 due to stockholders' equity falling below required levels, though compliance was reportedly regained by July 2024.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess T Stamp Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess T Stamp Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

The provided articles do not contain specific, quantitative data points for any of the KPIs under the 'Fair Pay & Worker Respect' value. Information regarding living wage coverage, CEO to median employee pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, employee turnover rates, labor violation incidents, insecure contract share, or health insurance coverage for IDAI.US is not available in the provided evidence.

1

Fair Trade & Ethical Sourcing

0

No evidence available to assess T Stamp Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-10

T Stamp Inc. has had one financial restatement mentioned, related to material weaknesses in internal control over financial reporting, identified in 2021 and 2022.

1
The company's ethical claims and compliance are independently verified, as evidenced by its Trust Stamp Denmark ApS subsidiary obtaining D-Seal Certification for ethical digital identity solutions and responsible data usage.
2

Kind to Animals

0

No evidence available to assess T Stamp Inc. on Kind to Animals.

No War, No Weapons

0

The provided article discusses the military applications of generative AI and the Department of Defense's task force, but explicitly states that it contains no quantitative data, regulatory actions, certifications, awards, or comparisons to industry benchmarks relevant to IDAI.US or the 'No War, No Weapons' value.

1
Therefore, no KPIs can be scored based on the evidence provided.

Planet-Friendly Business

0

No evidence available to assess T Stamp Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess T Stamp Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

10

Trust Stamp has achieved multiple recognized certifications, including SOC 2 Compliance, D-Seal Certification, and Cyber Essentials Plus Certification.

1
The company's Stable Key technology and identity token processes are designed so that no biometric image or raw template ever leaves the user device, eliminating the need to store biometric data and reducing the risk of unauthorized use.
2
This also means users control access to their digital assets by controlling the face that regenerates the cryptographic key.
3
The company's authentication security relies on an encrypted identity token stored on the user device and Stable Key regenerating a cryptographic key from a face, rather than comparing to stored biometrics, which is an advanced method.
4
Stable Key is designed to eliminate the need to store biometric data, demonstrating a privacy-by-design approach and data minimization.
5
The company aligns with European standards and the upcoming NIS2 directive.
6
However, the Cyber Essentials Plus certification involves rigorous testing, including external vulnerability scans and technical assessments, which represents a moderate scope for security testing.
7

Zero Waste & Sustainable Products

0

No evidence available to assess T Stamp Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.