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QR Code Technology Facts: 5 Myths Never Revealed Before

Ketan Kashyap · October 15, 2026

The QR code is said to be one of the best things to happen to the connected world. Even so, a few myths surround it that have tarnished the technology, and honestly, some of them sound convincing.

If you believe them, they can hold back your ability to use QR codes for successful asset tracking and asset management. Let’s look at the top five myths about QR codes.

What is QR Code?

Example of a QR code with an explanation of what it is

QR stands for quick response. A QR code is a two-dimensional, machine-readable code. QR code technology was first created to track car parts during manufacturing, but today it is used everywhere.

As the name suggests, a QR code is read quickly and holds much more data at a low cost. That is why it has succeeded in every industry, from small stalls to large stores and malls. A QR code can store far more characters than a regular barcode.

QR codes are user-friendly and very simple to use. We have seen several articles listing the drawbacks of QR codes, but many of those problems belong to the past, and QR codes have since overcome them. Let’s explore.

5 Myths About QR Code Technology

Infographic of five myths about QR code technology

1. QR Code is difficult to scan

Many people believe QR codes are hard to scan, and that you have to hold the phone perfectly straight and steady. This is a misconception. A good smartphone scans a QR code in a split second.

2. QR Code technology is expensive

This is one of the most common myths. QR codes are not expensive. Used well, they are cost-effective, because they help you save money on maintenance and get more out of your machines and equipment.

3. QR Code is Bygone technology

QR codes were widespread around 2010, but at that time most people did not have a smartphone, and phones did not come with a QR code scanner. The technology faded for a while. A few years later, smartphones were everywhere and came with QR code scanning built in. Apple added QR code scanning to the iPhone’s native camera because QR codes had become too popular to ignore.

As mentioned above, smartphones were not widespread back then, and phones had no built-in QR code scanning.

Today, QR codes are everywhere.

Millions of US households scan QR codes, and in Asia many people make everyday payments with QR codes.

5. QR Code does not provide analytics

QR codes are clearly very popular as a marketing tool. Everyone agrees on that, but some people think QR codes do not provide analytical data. That may have been a problem in the past, but now you can get the data.

Also Read: How RFID transformed asset tracking in oil and gas industry?

QR Codes Are Ready for Asset Tracking

QR code technology may have had issues in the past, but we don’t see problems with it today. It scans quickly and retrieves information fast, and it is used widely in asset tracking and asset management.

QR codes and other 2D barcodes have long been important tools for inventory, stock management and manufacturing. QR code technology is relevant to every industry. If you are thinking of using QR codes in your company, the first thing to do is set these myths aside. You can make one with our free QR code generator or see how Asset Infinity prints them on asset tags.

Frequently Asked Questions (FAQs)

1. How can I utilize the QR Code in business?

Asset tracking: With QR codes, you can track your assets and inventory. You can know where your assets are, check each piece of equipment in and out, and see when an asset needs servicing. Share location: If a customer wants to visit your office, they can scan the QR code on your website and get your address and directions. Business card: Every business person carries a business card, so why not give every card a digital touch? A QR code stores much more information, so it is worth using.

You can design your QR code in detail so that, once scanned, it shows all your business information, such as your website, social media pages and pictures, along with your name, phone number and company name.

2. How does the QR code technology works?

QR code technology works much like barcode technology. A QR code is a machine-readable image that a smartphone camera or scanner reads in a split second. Each QR code is made of dark squares and dots that encode data.

See it with your own assets

A demo run on an example from your industry. Or start the trial and look around on your own.