[100 Companies in Pangyo Techno Valley]- J2C receives attention with iris recognition
Channel: Pangyo Techno Valley
Date: 2020-09-07

[100 Companies in Pangyo Techno Valley ]- J2C receives attention with iris recognition in the age of COVID-19

- Pangyo Research Institute becomes the DNA for J2C's success in technology development
- Started development of tilting camera lens applicable to smart watches

The biometric security system that authenticates users with biometric information has received mixed reviews due to COVID-19. Face recognition has become difficult to perform for authentication because the mask covers most of the face, and fingerprint recognition reverses the age of "no-touch." So, iris recognition, the non-contact biometric recognition method, has emerged as the alternative. As the demand for non-contact security systems increases due to COVID-19 pandemic, J2C, the company specializing in biosecurity solutions, is working 24 hours a day to respond to the demands from all over the world. A surprising change has occurred little by little since the establishment of the research institute in Pangyo through bold investment a year after its foundation. The research institute established by Pangyo Techno Valley, the hub of small and medium-sized innovative companies, is the birthplace of J2C's technology that the world has eyes on.

'J2C,' a small giant in iris recognition with both technology and price competitiveness.
CEO Kim Yu-jeong of J2C meets overseas buyers several times a day. While she cannot travel physically due to the COVID-19 pandemic, she is meeting clients day and night by teleconference. When she was a student, her dream was to become a designer. But when she fell in love with lens polishing, she quit her studies in the university and entered this industry wholeheartedly. Kim has been working in the industry for more than 20 years and has increased her expertise in camera lens manufacturing technology and iris recognition-related technology. In September 2015, she founded the iris recognition solution and iris recognition module company J2C.

It was originally based in Changwon, Gyeongnam, but realizing that developing basic model is crucial to stimulate the iris recognition market, it established the research institute in Pangyo where it is equipped with superior IT infrastructure in 2016. "Ultimately, the security market is bound to become biometric. Especially as we are going through the COVID-19 pandemic, the role of the non-contact iris recognition method has become bigger." She added, "The biggest reason for the low activation of the iris recognition market is because of 'high price' and 'low recognition rate'." To solve this problem, Kim decided to develop her own core components, which account for 70% of the price and performance of the iris recognition system.

J2C's camera modules and pressurized parts were developed with government subsidies. They have the recognition rate three times higher than those from the competitors, and have gained price competitiveness by lowering the production cost. "Most iris recognition companies use general-purpose camera lenses and LEDs, and we are the only company that has original technology and our own pressurized parts," she explained. This was possible because Kim focused on developing customized camera module only for iris recognition, which contributed greatly to raising the recognition rate for it was optimized for iris recognition. This achievement was recognized by the government for fitting in line with Korea's "Policy for Strengthening the Competitive of Materials, Components, and Equipment." In its five years of establishment, it became a cash cow product for J2C.

J2C marking a turning point by participating in CES

J2C, which has rapidly emerged as a hidden player in the iris recognition market with innovative ideas, encounters a new turning point in January 2020. J2C participated in the world's largest IT and home appliance exhibition CES 2020 and made its name known in the global market. By participating in CES, J2C found global partners, and received proposals from companies in Norway, China and Japan. Among them, meeting a Japanese company that was looking for better performing camera module and a Chinese company that was looking for a tiltable iris recognition camera are remarkable achievements.

- More News : https://bit.ly/2R1exwm

 - PangyoTechnovalley official site : https://www.pangyotechnovalley.org 
 - Gyeonggi-do  official site : https://english.gg.go.kr/
 - Gyeonggi-do Business & Science Accelerator  official site:    
    https://www.gbsa.or.kr/en/index.do

 -  J2C : http://www.jtwoc.com/

  - Pangyo Techno Valley 100 :  http://www.madeinkorea.tv/

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