The ‘NCSC for Startups’ alumnus giving identity verification the ‘Trust Stamp’
In a recent conversation, Gareth shared insights into Trust Stamp’s evolution from its inception at the NCSC’s ‘Cyber Accelerator’ to its future trajectory. He discussed his past endeavors focusing on trust concepts and the development of a patent application for a trust score, particularly emphasizing zero-knowledge trust among individuals.
During this period, Gareth collaborated with his co-founder Andrew Gowsack, who shares his entrepreneurial spirit and is also a close friend. Andrew expressed deep admiration for Gareth’s multifaceted expertise and his commitment to mentorship in an interview with Business Collective.
In 2016, leveraging Gareth’s intellectual property and their strong friendship, Trust Stamp was established. The company swiftly gained recognition, winning prestigious startup awards and securing substantial funding. Trust Stamp’s success is attributed to its groundbreaking technology, which revolutionizes online identity verification across various sectors such as banking, government, real estate, and humanitarian services. Their AI-driven solution employs data mining and biometric science to deliver precise identity verification and trust assessments while thwarting fraudulent activities.
Since completing the NCSC program in 2020, Trust Stamp has achieved significant milestones, including substantial net sales in 2021, substantial funding rounds, and the acquisition of numerous patents.
Gareth emphasizes the invaluable support provided by the NCSC program, highlighting the wealth of expertise available to participants and their continued engagement with the NCSC For Startups alumni community.
Currently, Trust Stamp boasts a diverse team of over 100 professionals globally, spanning multiple locations worldwide. In September 2023, the company launched its innovative product, the Tap-In Band, a wrist-worn NFC device designed for discreet check-ins and communication in community-based supervision programs. Gareth describes the Tap-In Band as a culmination of years of research and development, offering secure authentication in a user-friendly design.
Looking ahead, Gareth expresses pride in his highly qualified team and envisions transitioning the business into their capable hands in the future. He anticipates his role evolving as Trust Stamp continues to thrive under the leadership of its talented workforce.
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