T Stamp signs three-year Nigeria identity services deal
The deployment is expected to exceed one million enrolments in its first year, while the agreement permits early termination under specified conditions.
Sentiment and the balance of points
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Form Type
8-K
Rhea-AI Filing Summary
T Stamp Inc. signed a three-year agreement with Nigerian technology provider BLIP Limited to provide AI-powered identity services for government programs in Nigeria. Services include biometric enrollment with liveness, identity-document capture and authentication, document-to-face matching, tokenisation, duplicate detection and screening. The deployment is expected to exceed one million enrolments in its first year and supports programs addressing a population of tens of millions. The services will run in a customer-hosted environment, with project data remaining under Nigerian control and processed in line with the Nigeria Data Protection Act 2023.
Revenue begins in year one and is expected to grow during the agreement; management believes potential year-three revenue may be $3 million to $5 million, but the agreement provides no revenue guarantees. Its initial term is three years and may be extended by the parties. Early termination is permitted if BLIP’s engagement with the Nigerian government ends or due to a breach of the agreement.
Filing Explained
The release calls the deal a “multi-million-dollar engagement,” but the 8-K says revenue is not guaranteed and gives $3 million to $5 million only as management’s potential year-three revenue, so it does not establish a guaranteed multi-million-dollar payment.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Potential revenue in year three: $3 million to $5 million
Expected first-year enrolments: More than 1 million enrolments
Population addressed: Tens of millions of people
+1 more
4 metrics
Potential revenue in year three
$3 million to $5 million
Management believes potential revenue may reach this range; the agreement provides no revenue guarantees.
Expected first-year enrolments
More than 1 million enrolments
Expected in the first year of rollout.
Population addressed
Tens of millions of people
Total population addressed by the programs.
Initial agreement term
3 years
The parties may extend the term.
Key Terms
data sovereignty, presentation attack detection, document-to-face matching, IT2 tokenisation, +1 more
5 terms
data sovereignty technical
"technology services and data sovereignty agreement"
Data sovereignty is the principle that digital information is subject to the laws and control of the country or entity where it is stored or processed. For investors, it matters because where data lives affects a company's legal obligations, costs, ability to sell services across borders, and exposure to government access or restrictions — like owning a house that must follow the rules of the town it sits in.
presentation attack detection technical
"biometric enrollment with liveness, presentation attack detection"
Presentation attack detection is the technology and procedures that spot and block attempts to trick biometric systems by showing fake fingerprints, photos, masks or recordings instead of a real person. For investors, strong detection lowers the risk of fraud, regulatory penalties and costly data breaches, preserves customer trust and reduces the chance that a company’s security failures will damage its value — like a better lock reducing theft risk.
document-to-face matching technical
"document authentication, OCR extraction, document-to-face matching"
IT2 tokenisation technical
"document-to-face matching, IT2 tokenisation"
OCR extraction technical
"document authentication, OCR extraction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much revenue could T Stamp (IDAI) receive from the Nigeria agreement?
Management believes potential revenue in year three may be $3 million to $5 million. Revenue begins in year one and is expected to grow during the agreement, which provides no revenue guarantees.
How many enrolments is the T Stamp (IDAI) Nigeria deployment expected to reach in its first year?
The deployment is expected to exceed one million enrolments in its first year. The programs address a total population of tens of millions of people.
What is the term of T Stamp’s (IDAI) agreement with BLIP, and when can it end early?
The agreement has an initial term of three years and may be extended by the parties. It may terminate early if BLIP’s engagement with the Nigerian government is terminated or due to a breach of the agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 26, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (404 ) 806-9906
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| Class A Common Stock, $0.01 par value per share | IDAI | The NASDAQ Stock Market LLC | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events
On October 26, 2026, T Stamp Inc. (the “Company”) issued a press release announcing its multi-year agreement to provide AI-powered identify solutions for government programs in Nigeria in partnership with BLIP Limited (“BLIP”). A copy of the press release is furnished herewith as Exhibit 99.1.
The Master Technology Services, Data Sovereignty and Non-Circumvention Agreement between BLIP and the Company (the “Agreement”) represents one of the largest deployments of the Company’s technology to date, in line with its core business strategy and expansion of services in Africa. Under the Agreement, the Company will provide its identity verification technology into BLIP’s registration platform, which serves as the current registration platform for certain government required registrations in Nigeria. This includes providing biometric enrollment with liveness, presentation attack detection, identity document capture, document authentication, OCR extraction, document-to-face matching, IT2 tokenisation, duplicate detection, watchlist screening, greylist/velocity screening, and other services. While the Agreement does not include any guarantees regarding potential revenue to the Company, revenue begins in year one of the agreement and is expected to grow during the term of the agreement. Management believes potential revenues in year three may be $3 million to $5 million.
The Agreement provides for an initial term of three years that may be extended by the parties. The Agreement may terminate early in the event that BLIP’s engagement with the Nigerian government is terminated, or due to breach of the Agreement.
Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section, and is not deemed incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are filed or furnished with this Current Report on Form 8-K:
Exhibit No. | Description | |||||||
99.1 | October 26, 2026 Press Release | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
| + | Pursuant to Item 601(a)(5) of Regulation S-K, certain schedules have been omitted from this document, and will be furnished on a supplemental basis to the Securities and Exchange Commission upon request. | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| T STAMP INC. | ||||||||
| By: | /s/ Gareth Genner | |||||||
| Name: Gareth Genner | ||||||||
| Title: Chief Executive Officer | ||||||||
Dated: October 27, 2026
Exhibit 99.1
T Stamp Inc. - Nasdaq: IDAI
(“Trust Stamp” or “The Company’)
Trust Stamp signs Multi-Year Agreement to provide AI-Powered Identity Solutions for government programs in Nigeria, in a Multi-Year, Multi-Million-Dollar Engagement
ATLANTA, GA - October 26, 2026: Trust Stamp (NASDAQ:IDAI), a global provider of AI-powered software solutions, today announced the signing of a three-year technology services and data sovereignty agreement with BLIP Limited, a Nigerian technology provider delivering national-scale digital registration and certification platforms for the Nigerian government. Under the agreement, Trust Stamp will provide AI-Powered identity solutions for government programs in Nigeria, in a multi-million-dollar engagement.
The deployment is expected to exceed one million enrolments in its first year of rollout, with the programs addressing a total population of tens of millions of people. The solution will be deployed in a customer-hosted environment, ensuring that all project data remains under Nigerian control and is processed in line with the Nigeria Data Protection Act 2023. Trust Stamp’s patented Irreversibly Transformed Identity Token (IT2) technology transforms sensitive biometric data into secure, revocable identity tokens, enabling large-scale identity verification and fraud prevention while reducing the risks associated with storing biometric data.
Trust Stamp CEO Gareth N. Genner commented, “This agreement is a significant milestone in our African growth strategy and one of the largest deployments of our technology to date. Governments across the continent are looking for identity infrastructure that is secure, scalable and sovereign, and our partnership with BLIP demonstrates how our privacy-preserving technology can support programs reaching tens of millions of people.”
Jonathan Patscheider, SVP at Trust Stamp, added, “BLIP brings deep local expertise and a proven registration platform, and together we can deliver trusted digital identity at national scale. We see strong demand for this model across Nigeria and the wider region, and we look forward to building on this partnership.”
Freeman Musa Yusuf, Managing Director and Chief Executive Officer of BLIP Limited, said:
“Africa must not merely consume the technologies that shape its future; we must build, govern and deploy the infrastructure that enables our people, institutions and economies to thrive. This partnership with Trust Stamp represents an important step in that direction.
At BLIP, our ambition is to help Nigeria and Africa build digital systems that are secure by design, scalable by architecture and sovereign by principle. Trusted identity is a foundational layer of a modern digital economy. It can strengthen program integrity, reduce opportunities for fraud, improve access to services, and help public institutions deliver services with greater confidence and accountability.
Our partnership combines Trust Stamp’s advanced, privacy-preserving biometric technology with BLIP’s understanding of Nigeria’s institutional environment, program delivery requirements, and technology ecosystem. Together, we intend to support identity infrastructure that can serve national priorities while meeting the demands of privacy, security, interoperability and operational scale.
For Nigeria, this is an opportunity to strengthen local ownership and control over critical digital infrastructure. For Africa, it demonstrates the potential of partnerships that combine global innovation with strong African
implementation capability. Our objective is not simply to deploy a technology solution; it is to contribute to a trusted digital foundation upon which governments, institutions, businesses and citizens can build.”
From Identity Verification to National Program Integrity. Reliable identity infrastructure can play an important role across government and institutional programs, including digital registration, eligibility verification, certification and the administration of services. When appropriately designed and governed, it can help institutions establish greater confidence in enrolment records, strengthen controls against duplicate or fraudulent registrations, and improve the integrity of program operations. Through this partnership, BLIP and Trust Stamp aim to support deployments that respond to Nigeria’s national requirements while providing a sovereign technology model with relevance to other African markets. Successful implementation will depend on secure technical integration, appropriate governance, operational readiness, data protection, user safeguards and alignment with the requirements of each participating program. The partnership reflects a broader opportunity for African technology companies to work with global technology innovators while developing local capacity, strengthening institutional trust and supporting the continent’s digital transformation.
About Trust Stamp
Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that ensure technology and data sovereignty, reduce fraud, tokenize and secure assets and data, and securely authenticate users while protecting personal privacy, reducing friction in digital transactions, and increasing operational efficiency. With team members from over twenty nationalities in ten countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (NASDAQ:IDAI).
About BLIP Limited
BLIP Limited is a Nigerian technology company focused on the development and delivery of
digital platforms, identity-related solutions, verification systems and technology infrastructure for government and institutional programmes. The company works to translate complex institutional requirements into secure, scalable and operationally practical digital solutions, with an emphasis on local implementation capability, trusted data practices and sustainable digital transformation.
BLIP’s vision is to contribute to an Africa where trusted digital infrastructure strengthens public institutions, expands access to services and enables inclusive economic growth.
Inquiries: shareholders@truststamp.ai
Safe Harbor Statement: Caution Concerning Forward-Looking Remarks All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.