Trust Stamp And Blue Gold Execute LOI For Trust Stamp To Develop Biometrically Validated Wallet Of Wallets For Blue Gold VIP Customers Holding Standard Goin Coins

Trust Stamp, a global provider of AI-powered trust, identity and security solutions, and Blue Gold, billed as the world's first vertically integrated gold fintech, jointly announced the execution of a Letter of Intent for Trust Stamp to develop a biometrically validated Wallet of Wallets for Blue Gold VIP customers holding Standard Goin Coins ("SGC"). Each SGC represents a gram of physical gold held in a Brinks vault under a Wyoming digital asset statutory trust.

The Wallet of Wallet will leverage Trust Stamp's proprietary and patented identity tokenization and cryptographic technologies and:

• Eliminate the need to memorize or store Passwords, PINs and Private Keys
• Serve as a non-custodial wallet for not only SCC but also as a single access point for all other digital assets with the ability to exist in parallel on multiple devices
• Be established and accessed via Trust Stamp's proprietary Stable KeyTM generated by the user's tokenized facial biometrics with multi-level proof-of-life protocols
• Introduce a new approach to biometric authentication through a cryptosystem that binds live biometrics to the user's wallet, eliminating centralised key or template storage and without storing biometric data in the wallet itself. The system creates encrypted helper data that is divided into shards with each shard stored separately. These shards contain no biometric information or private key material, rendering them useless to potential attackers
• Be resistant to tampering even in the event of a data breach because the compromised information is fragmented and without the user's live presence, the fragments cannot be re-combined therefore no useful information can be extracted. In other words, unlike legacy wallets, a compromised Wallet does not amount to an account takeover
• Apply a zero-knowledge-proof protocol for remote identity proofing and serving as an additional authentication factor
• Provide secure protocols for wallet recovery, joint ownership, wallet inheritance or transfer, and roles-based access
• Be interoperable with FIDO Passkeys

Final terms of the collaboration will be set out in definitive agreements governing development, licensing and commercial terms.