IDAI - Update: Trust Stamp announces that it is filing a patent for an AI-based Age Estimation Calibration Algorithm | Benzinga
ATLANTA, GA, May 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (NASDAQ:IDAI), the AI-powered, Privacy First Identity CompanyTM announces that it is filing a patent for an AI-powered process that improves the performance of biometric-based age estimation algorithms. Increased regulatory pressure and the proliferation of age-restricted content has produced a robust and rapidly growing market for low-friction age verification. Trust Stamp already offers an AI-based age estimation service, having announced its product on March 13, 2024. With this new algorithm, error rates in AI-based estimation are reduced, and Trust Stamp will be able to more easily tailor results to complex client requirements.
Dr. Norman Poh, Chief Science Officer of the Company, commented, "This new patent application will represent Trust Stamp's latest innovation in age estimation. The algorithm builds on the Bayesian framework to not only address the inherent uncertainty in predicting human's age but also in ways that can reduce the effect of over and under estimation had raw age values ...