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The invention of barcodes provided a solution to this problem. Subsequently the POS system was developed, in which the price of an item of merchandise was displayed on the cash register automatically when the barcode on the item was scanned by an optical sensor, and information on the item was sent to a computer at the same time. As the use of barcodes spread, however, their limitations became apparent as well. The most prominent was the fact that a barcode can only hold 20 alphanumeric characters or so of information.

A QR Code, or quick response Code, is a Code that is quickly readable by a cell phone (hence the word “quick” in the name). Using a combination of spacing as a type of Matrix Barcode (a 2-D Barcode), when a QR Code is scanned, it conveys a wide multitude of information. QR Codes have a wide range of uses across all types of industries such as retail, marketing, and logistics. While QR Codes and Barcodes are similar in practice, QR Codes contain more information because they have the ability to hold information both horizontally and vertically. Barcodes only use horizontal information. While Barcodes work wonderfully for situations like scanning supermarket items, QR Codes have a much higher capability of transferring information, likely what has made them increasingly popular due to their versatility. Find additional details at https://orderific.com/.

As American dissatisfaction with waiting in line grew throughout the 50s and 60s, IBM set to work in the early 1970s to revisit the earlier patented technology. And IBM, in coordination with the grocery industry, developed the vertically-aligned UPC barcode we know today. The idea was to create a universal system of product identification and processing. A system that didn’t rely on manually entering numbers anywhere, but on fast optical scanning. Point-of-sale (POS) systems and scanners were required to scan and process the new UPC barcodes. Those were sold and distributed by IBM. By the late 1970s, checkout lines had sped up 40%. Throughout the 80s, thousands upon thousands of grocery and retail stores adopted the technology. By the 2000s, the barcode business had a value of around $17 billion. Billions of items are now scanned every day in every industry across the world.