People and Technology’s IndoorPlus+ RTLS Solution has been implemented to create Korea’s first IoT-based automated access logging system for the financial sector. This groundbreaking system was demonstrated at the NH Integrated IT Center in Uiwang, Gyeonggi Province, receiving high praise from Kim Byung-won, Chairman of the National Agricultural Cooperative Federation (NongHyup).

A Milestone in Financial Sector Security

The automated access logging system, established by NongHyup Bank’s IT Division, leverages IoT-based real-time location tracking and access management to strengthen the security framework of IT centers. With this innovation:

• Real-Time Location Awareness: Personnel entering and exiting restricted areas are automatically logged.
• Enhanced Security Management: The system enforces stricter access control to sensitive areas, ensuring compliance and minimizing risks.

The system’s success was further highlighted by NongHyup Bank IT Division’s patent acquisition in December 2017, showcasing its leadership in innovative security solutions.

A Demonstration of Excellence

During the New Year visit to the NH Integrated IT Center on January 3, 2018, Chairman Kim Byung-won personally witnessed the system’s functionality. The demonstration underscored the transformative potential of IoT in the financial sector, reaffirming NongHyup Bank’s commitment to advanced security practices.

Pioneering Financial Security with IoT

The implementation of this system marks a significant step forward for Korea’s financial industry, setting a benchmark for IoT-based security solutions. With IndoorPlus+ RTLS, People and Technology continues to redefine the possibilities of real-time location tracking and access management, solidifying its position as a leader in industrial IoT innovations.

We look forward to expanding this success to more organizations, driving security and operational efficiency in Korea and beyond.