[Asia Economy Reporter Hyungsoo Park] iCraft has been soaring for the second consecutive day. The news that the government plans to introduce an electronic entry log based on QR codes starting next month to improve the accuracy of visitor logs at high-risk infection facilities such as clubs and karaoke rooms appears to have influenced the stock price.
As of 11:21 AM on the 26th, iCraft is trading at 5,070 KRW, up 19.29% from the previous day.
As gaps emerged in the response and quarantine measures against the spread of the novel coronavirus infection (COVID-19), the government decided to implement an electronic entry log using QR codes.
iCraft's developed BrandSafer is an anti-counterfeiting and tracking solution that fundamentally prevents counterfeiting itself, going beyond existing anti-counterfeiting technologies to prevent damage to companies' brand images and performance caused by the recent surge in counterfeit products.
Features of BrandSafer include a 'special hologram that is impossible to forge or tamper with' and a 'smart reader authentication app.' The BS HoloTag does not lose its genuine product identification ability even after a long period. Even if damaged by external factors such as fire, as long as a minimum readable area exists, identification is not compromised, making it legally reliable. The BS authentication app (Holotag Reader) analyzes the spectrum of light reflected from the BS HoloTag by the smartphone camera's flash and provides a service environment where users can directly verify forgery or tampering in real time.
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