- Trust Stamp (Nasdaq: IDAI) has launched its **_TrustedAge_™ biometric-binding technology** to address the systemic failure of online age-verification laws, which are proving ineffective in regions like the UK and creating compliance issues in the US.  **[1718939_9083a3baa20148c1ac2979969ec34fc5_0]** 
- The company's solution aims to provide enforceable age verification by using **Zero Knowledge Proofs and Biometric Bound Credentials**, ensuring a live user presence without storing sensitive biometric data.  **[1718939_9083a3baa20148c1ac2979969ec34fc5_0]** **[1718939_9083a3baa20148c1ac2979969ec34fc5_1]** 
- This launch targets the rapidly growing age verification software market, which is predicted to expand from **$1.45 billion in 2024** to **$5.12 billion by 2033**.  **[1718939_9083a3baa20148c1ac2979969ec34fc5_0]**

Trust Stamp Launches Biometric-Binding Technology for Age Verification Market

- **Trust Stamp (Nasdaq: IDAI)** has entered into an **exclusive Memorandum of Understanding** with the **National Identity Agency (NIA) of the Republic of Ghana** to provide identity tokenization services.  **[1718939_ab5f2906a47b4a2f83cfe35614bd7e22_0]** 
- A Joint Working Team will develop a **long-term contract** for Trust Stamp to provide digital identity implementations and identity tokenization services based on **revenue sharing arrangements**.  **[1718939_ab5f2906a47b4a2f83cfe35614bd7e22_0]** 
- The Memorandum provides for an **initial two-year exclusivity period** for Trust Stamp, which can be extended by mutual agreement.  **[1718939_ab5f2906a47b4a2f83cfe35614bd7e22_0]** 
- This initiative is expected to build upon Ghana's existing digital identity program, with digital ID systems potentially contributing **3% to 13% of GDP growth by 2030** for adopting countries.  **[1718939_ab5f2906a47b4a2f83cfe35614bd7e22_0]**

T Stamp (IDAI)