BEIJING, March. 11, 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 lightweight multi-sectoral data-sharing system based on consortium blockchains. This system can connect data between different departments by creating a network of consortium blockchains and ensuring data security and privacy. In this process, data access and integration become a crucial step. T ...

BEIJING, March 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 is researching a blockchain optimized data storage model based on Extreme Learning Machine (ELM) sharding. ELM is a machine learning algorithm based on artificial neural networks. The core idea of ELM is to initialize the connection weights between the input layer to the hidden layer randomly. Then through pa ...

BEIJING, March 4, 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 working on researching federated blockchain technology to build a decentralized file storage and sharing system. A federated blockchain is a special type of blockchain, which is a blockchain network managed and maintained by multiple organizations. A federated blockchain offers higher performance and priva ...

BEIJING, Feb. 28, 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 new cryptocurrency payment system model based on the Polygon blockchain after realizing the huge potential of blockchain technology. The Polygon distributed ledger network has the advantage of being fast, improving the performance of the blockchain. The model, by combining the security of the Bitc ...

BEIJING, Feb. 27, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company") is a leading global Hologram Augmented Reality ("AR") Technology provider. Based on machine learning, deep learning and other techniques, it focuses on developing efficient forecasting models applicable to the cryptocurrency market. Cryptocurrency prices vary across time, and it is difficult for a single model to fully capture these. Therefore, WiMi chose a multi-scale analysis approach, matching differe ...

BEIJING, Feb. 26, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider. As IoT applications continue to expand, traditional security models may not be able to meet the challenges of future digitalization needs. Enterprises are particularly concerned about user data privacy, recognizing that privacy breaches can have a huge impact on user trust and business reputation. Therefore, WiMi's model focuses on ...

BEIJING, Feb. 16, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced an improved HBFT blockchain consensus algorithm for blockchains with multiple independent functions, namely "MHConsensus algorithm". The algorithm aims to achieve more efficient data management and election strategies, and to provide a reliable distributed consistency algorithm to cope with Byzantine faults that may ...

BEIJING, Feb. 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 a technology based on the K-Means algorithm has recently been developed to improve the security and user trust of bitcoin trading platforms. The technology, based on the best set of features from real recorded data, identifies potentially fraudulent users by performing an in-depth analysis of user behavior on Bi ...

BEIJING, Feb. 12, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that in order to further improve the performance of blockchain, the cross-chain consensus algorithm for blockchain is optimized and improved, and the weighted PBFT algorithm is introduced. The algorithm is designed to increase throughput, reduce latency and enhance fault-tolerant performance, and the consensus algori ...

WiMi Hologram Cloud (NASDAQ:WIMI) stock is rising higher on Thursday as the company’s shares get caught up in the speculative rally of another company’s stock.WiMi Hologram Cloud is soaring after investors sent shares of MicroCloud Hologram (NASDAQ:HOLO) stock surging over 1,000% higher on Wednesday. The positive movement for HOLO stock continues today and it looks like traders are latching onto WIMI stock as well.That makes sense as these two companies share more than a few of the same qualities. For examp ...