BEIJING, May 17, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that the Proof of Learning (PoLe) blockchain consensus mechanism can enhance the training efficiency and data reliability of neural networks, which will inject a brand new impetus into the development of artificial intelligence.PoLe is a novel blockchain consensus mechanism that uses consensus computation for the opti ...

BEIJING, May 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that RAFT consensus algorithm is used in blockchain to guarantee data consistency. RAFT consensus algorithm, as a concise and easy-to-understand distributed consistency protocol, is especially suitable for closed or semi-closed network environments with stringent performance and deterministic requirements, such as fed ...

BEIJING, May 6, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a swin-transformer and hash-based on-chain copyright detection technology, which not only improves the efficiency and accuracy of copyright detection, but also provides a new solution for copyright protection through blockchain technology. This not only helps protect the legitimate rights and interest ...

BEIJING, May 2, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it is researching Blockchain collaborative hybrid consensus, which is an approach to optimize the performance and functionality of blockchain systems by combining multiple consensus algorithms and mechanisms. Traditional blockchain systems typically use a single consensus algorithm, such as PoW (Proof of Work), Po ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered or to be registered pursuant to Section 12(b) of the Act: WIMI NASDAQ Global Market FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

BEIJING, April 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed an embedded steganographic communication based on Bitcoin transactions, namely B-TEC (Bitcoin Transaction Embedding Communication). Bitcoin, as a distributed digital currency, has transaction records stored on the blockchain, which has the characteristics of decentralization and non-tampering, prov ...

BEIJING, April. 22, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a GradingShard blockchain sharding technology. GradingShard sharding technology spreads the storage and computation pressure of the entire blockchain network to different nodes by dividing the blockchain network into multiple shards, each containing only a portion of the transaction records and information. Differe ...

BEIJING, April 18, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a lightweight blockchain-based architecture to overcome the limitations of traditional network architectures and provide a more secure, efficient and trusted connectivity solution for the 5G Internet of Things (IoT). Conventional 5G networks use security measures such as encryption during data transmission, but ther ...

BEIJING, April 8, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a two-stage hybrid machine learning model based on variational modal decomposition (VMD) and support vector regression (SVR). In order to efficiently capture the dynamic information of the market, WiMi's model of this technology employs the Boruta algorithm for technical indicators and feature selec ...

BEIJING, March 20, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a new technology aiming at improving the accuracy and reliability of Bitcoin transaction validation to better meet the growing market demand. The WiMi development team had in-depth research and analysis of existing technologies for Bitcoin transaction validation, gained a deep understanding of their principles and o ...