Joint patent application for ‘Smart One-Pass Grip Key’ Bando Construction announced on the 21st that it signed a business agreement with its partners to promote joint technology development in the field of IoT-based security solutions.
By entering into a technological cooperation partnership through a business agreement, Bando Construction and SQ&B plan to pursue joint patent registration for the 'Smart one-pass grip key' and conduct joint research for ICT convergence and commercialization solutions. 

Bando Construction CEO Kim Yong-cheol (center left), SQ&B CEO Lee Jae-won (center right) and other officials are taking a commemorative photo after signing a mutual cooperation business agreement for IoT-based security solutions. [Photo = Bando Construction]

'Smart One-Pass Grip Key' is a security solution device that can be attached to a smartphone, etc., and allows you to easily open and close the door after registering it in the common entrance lobby phone, household door lock, and access control system.
Kim Yong-cheol, CEO of Bando Construction, said, “The ‘Smart One Pass Grip Key’ is a device that combines the convenience and security of automatically opening and closing the door, and will increase the convenience and satisfaction of residents.” He added, “Through joint technology development with SECQ&B, we are developing an IoT-based “We will lead the housing culture in the security solution field,” he said.
Lee Jae-won, CEO of SECQ&B, said, “SecQ&B, a company specializing in access control and security equipment, has been developing products based on the corporate philosophy of ‘Best Security.’” He added, “We will develop ICT convergence commercialization solutions based on IoT security solutions with Bando Construction.” “He said.