QR codes can store up to 7kB of data such as text, phone numbers, and images. They were created in 1994 by Denso-Wave and are widely used in Japan and South Korea. QR codes have various applications including marketing, digital documents, marking goods, and payments. They allow additional information to be accessed easily from physical materials. However, security, production, and privacy issues need to be addressed when implementing QR codes. Overall, QR codes remain a useful tool when used creatively with traditional and innovative applications.