Core Viewpoint - Ispire Technology Inc. has submitted a historic pre-market tobacco product application (PMTA) for its Bluetooth Low Energy (BLE) chip system, marking the first complete PMTA application for an independent, interoperable, blockchain-supported age verification component in the industry [1][2]. Group 1: Company Developments - The company will benefit from the commercial sales of the BLE chip system and has the right to integrate this technology into its own devices, reinforcing its leadership in compliance innovation and unlocking new revenue growth opportunities [1][2]. - The IKE BLE chip is designed to provide a secure, interoperable, terminal-based identity and age verification system aimed at preventing unauthorized use of vaping devices [2][3]. - The PMTA application includes plans for publishing a clinical research protocol for peer review, demonstrating the company's commitment to transparency and scientific rigor [3]. Group 2: Industry Impact - The IKE platform offers continuous, real-time verification at the device usage end, providing unprecedented safety measures to prevent underage usage, contrasting with traditional one-time age verification methods [1][2]. - The technology has shown 100% effectiveness in preventing underage users from activating devices and has a user error rate of less than 1%, indicating high usability for adult users [2]. - The application aims to establish new standards for youth protection and device safety, potentially creating a regulatory pathway for expanding flavor product regulations while providing more alternatives for adult users [3].