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In this video tutorial, the presenter introduces a feature allowing users to password protect QR codes, enhancing privacy and security. They explain how this can be useful in scenarios such as sharing sensitive information associated with advertising budgets. The process involves creating a QR code that stores the desired information, adding a password, and incorporating it into presentations or other materials. When end users scan the QR code, they will need to enter the password to access the content, ensuring that only authorized individuals can view the information. The video emphasizes the importance and practical applications of this feature.