Researchers are looking to develop a new privacy label that would apply to IoT devices. The label would be displayed on the side of the box, showing all the details a user could be interested in, including what type of data is collected and for what purpose, along with a QR code. The project is in the prototype phase, and the team is trying to persuade various companies to implement this label. Unfortunately, since there are no regulations in this area, companies will have to willingly agree to display it.”]