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In this video tutorial, the presenter discusses the password protection feature for QR codes. Building on the concepts from their previous video about dynamic QR codes, which allow for much more versatility than traditional codes, they explain how users can store specific information securely. An example is provided where, when sharing a budget with a client, one can create a password-protected QR code that restricts access to the sensitive information. This way, only authorized individuals can view the content after scanning the code and entering the password. The video aims to explain how to effectively utilize this feature for better information sharing.