"The Key to Innovation is Contactless Palm"… HN Security Leads Innovation in the Security Market

[Asia Economy Reporter Kang Nahum] "We will lead the smart IoT security field with a differentiated palm vein recognition security solution."

This is the ambition of Lee Sun-yong, CEO of HN Security Business Division, whom we met at the ‘2021 AIoT International Exhibition’ held at COEX on the 21st. While introducing the ultra-fast access reader systems developed in-house, he presented a blueprint to lead the era of self-security solutions based on system platforms.

Recently, the traditional manned security market based on alarm dispatch is being replaced by system platforms and innovative security systems. Amid this trend, HN Security’s newly developed contactless palm vein (Palm Vein·PV) system is gaining attention as a core self-access security and authentication solution in the market due to its fast recognition and convenient usage method.

CEO Lee said, "The 20 trillion won-scale manned security service market is currently close to a bubble," adding, "There are many cases where unnecessary costs are consumed, and our goal is to innovatively transform this market into an automated platform."

HN Security’s PV system almost perfectly compensates for the shortcomings of existing biometric technologies. Until now, facial recognition, fingerprint, and iris recognition have often been evaluated as technically incomplete. Facial recognition posed risks of identity theft and personal information leakage, fingerprint recognition had issues with unhygienic contact methods, and iris recognition was criticized for environmental and time-related recognition problems.

In contrast, the PV recognition technology developed by HN Security works by bringing the palm close to a reader sensor installed on front doors or various doors and entrances without contact. The palm vein pattern can be registered and recognized within 0.5 seconds using an ultra-fast infrared capture method from a distance of 2 to 3 cm.

This contactless ultra-precision PV recognition technology has already begun to be used as an identity verification method in banks and major infrastructure facilities, mainly in advanced countries such as the United States and Japan. CEO Lee predicts that it will become the optimal solution to directly replace personal IDs, passports, cards, passwords, and more in the future.

HN Security also confidently claims that its proprietary mobile cloud platform series ‘WEBICS’ can be a 'game changer' that will change the landscape of the domestic physical security market led by large companies such as Samsung S1 and ADT Caps. Representative products include the high-security contactless palm vein recognition access control device ‘WEBICS Palm’ for use in public and commercial facility access, and the advanced access authentication system ‘WEBICS Wall’ that supports palm vein, numeric keypad, RFID, and QR code all in one.

Lee Dong-ho, Senior Advisor at HN Security, emphasized, "When a company with security system development technology and platform connects the unmanned self-security market, it can greatly strengthen the security areas of ‘safety’ and ‘peace of mind.’ I believe it can transform into a ‘hyper-connected era’ security market where costs are reduced to less than half and everyone is automatically connected through a convenient mobile system."

HN Security plans to link not only the PV access system but also smart IoT sensors, lighting systems, and drones to these platforms. Through this, they aim to build an innovative self-security solution ecosystem where anyone can conveniently monitor access and internal/external security devices in real-time via mobile systems such as smartphones or laptops.

The parent group HN also has high expectations for HN Security’s technological capabilities and growth potential. HN CEO Noh Young-joo said, "How to solve physical security threats has been a major challenge across almost all industries including IT and construction. In that regard, the use of palm veins is a groundbreaking idea and technology," adding, "Through future technological convergence, we will provide convenient and safe innovative services in various industries such as residential/lifestyle services, manufacturing, and finance."