In 2022, Korean HI-TECH industry brand ONFACE Group, which introduced a new platform, appeared on the NASDAQ screen of Times Square.
ONFACE Group was established in Seoul, Korea five years ago. The ONFACE group based on facial recognition technology holds a number of related patents and is advancing technology by analyzing and applying various needs of the security and market. Products using the face recognition solution include face recognition terminals and door locks, and can additionally measure the number of visitors by time, analyze visitors movement paths, control, and real-time monitoring. ONFACE Group will command the world in facial recognition and accelerate more active research and development.
As of 2022, it is achieving valuable results in the electric vehicle market, which is attracting worldwide attention. It started development in 2019 and is planning to mass-produce and deliver electric vehicle battery modules supplied by FORD cars from 2020 as a total of seven-year project, and expand the supply chain for electric vehicle parts demand to Audi and Volkswagen. It is expecting remarkable growth in the electric vehicle market, and its appearance on NASDAQ not only shows off its brand strength but also proves the popularity of Korean electric vehicle brands in the global market.
In addition, ONFACE Group registered a patent by manufacturing a small cell that can supplement large buildings or high mountain range obstacles if it proceeds in a 5G, 28GHz method through research and development for more than two years among innovations in communication technology. This small cell is a technology that is multi-transmitted in a single circuit, and is a groundbreaking method that can operate at the same speed as the first transmission speed in a road network building. For this reason, it is an innovative technology that enables AI technology, unmanned vehicle technology, VR, and metaverse technology in real time without interruption of speed.
ONFACE Group has developed a number of games. Since the launch of Mobile FPS Red Dot in 2020, it has recorded 250 million global downloads, properly benefiting from the COVID-19 pandemic. Red Dot’s Unity upgrade PC version will be released, and the first MMORPG LOD (Lord of Dragon) will be released with a plan that can generate fun elements and profits at the same time by applying NFT and P2E. In addition, hyper-casual games have been continuously released and are receiving enthusiastic responses in the market.
Now, the time for Metaverse has arrived. It refers to a three-dimensional virtual world where social, economic, and cultural activities such as the real world take place, and is gradually attracting attention due to the development of information and communication technology due to the commercialization of 5G and the acceleration of non-face-to-face trends due to the COVID-19 pandemic. ONFACE Group has 5G communication technology and equipment and is developing its own platform (OnVerse) that combines game development history with VR, AR, and XR technologies. Starting in October this year, the company plans to expand its services to platforms, social and casinos.
In addition to delivering greetings to the world through NASDAQ screens, ONFACE Group is making every effort to become a true HI-TECH leader by developing security and solutions through facial recognition technology, developing communication technology, and implementing virtual worlds through metadata. It is looking forward to the blueprint for ONFACE Group, which is at the beginning of a new beginning, and the moment it will leap forward as a key company that will lead the world.
Media Contact
Company Name: ONFACE Co., LTD
Contact Person: Chang-Yong LEE
Email: Send Email
Country: Korea
Website: http://onface.kr/
