Core Viewpoint - WiMi Hologram Cloud Inc. has developed a blockchain-based asynchronous federated learning (BAFL) framework that enhances the efficiency and security of federated learning systems by integrating blockchain technology with asynchronous learning mechanisms [1][3]. Group 1: Technology and Innovation - The BAFL framework combines blockchain's decentralization, immutability, and transparency to ensure the integrity and traceability of model data, preventing malicious tampering [1][3]. - Asynchronous learning allows devices to upload model updates flexibly, improving the efficiency of the learning process, especially in high-latency environments [2][3]. - The framework addresses data silos and enhances model training efficiency while safeguarding data security and privacy, paving the way for distributed AI model training [3]. Group 2: Applications and Market Potential - BAFL has broad application prospects in various fields, including healthcare, finance, and smart manufacturing [3]. - In healthcare, BAFL can facilitate the sharing of medical record data for joint training of disease prediction models while protecting patient privacy [3]. - In finance, it can be used to train credit risk assessment models, improving risk identification accuracy while complying with data protection regulations [3]. - In smart manufacturing, BAFL enables optimization of production processes and predictive maintenance by analyzing data from different factories without risking data leakage [3]. Group 3: Company Overview - WiMi Hologram Cloud, Inc. is a comprehensive technical solution provider focusing on holographic AR technologies, including automotive HUD software, 3D holographic pulse LiDAR, and holographic cloud software [4].

BEIJING, Aug. 6, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based trusted collaborative learning (TrusCL) framework for IoT which is a solution for the privacy-preserving and computational requirements of collaborative learning in AIoT environments. The TrusCL framework is combined with Homomorphic Encryption (HE) and Differential Privacy (DP) techniques, both of ...

BEIJING, July 29, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based privacy security protection framework will provide an innovative solution for secure data sharing and collaboration in smart cities, which not only integrates the advantages of decentralization, transparency, and immutability of blockchain technology, but also deeply integrates a variety of advance ...

BEIJING, July 26, 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 utilized homomorphic encryption and federated learning building an advanced data structure architecture. The architecture integrates federated learning and partial homomorphic encryption, and this integration protects data privacy while enabling efficient data analysis and sharing.Homomorphic encryption is a ...

BEIJING, July 19, 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 blockchain-based trust approach for cloud computing to address trust and security issues in cloud computing services through technological innovation, while meeting increasingly stringent regulatory requirements and market demands.WiMi's blockchain-based trust approach for cloud computing, firstly ...

BEIJING, July 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus algorithm based on genetic algorithm. The genetic algorithm is applied to the consensus node to formulate the blockchain node fitness function and limit the consensus to a small fraction to improve computational efficiency. The genetic algorithm for consensus node selection is applied to all no ...

BEIJING, July 1, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus mechanism based on improved distributed consistency and hash entropy. The consensus mechanism combines the advantages of a distributed consistency algorithm and hash entropy algorithm, aiming to improve the efficiency and security of the blockchain network. It uses an improved distributed consis ...

BEIJING, June 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 intelligent interconnected decision-making system based on blockchain technology is a system based on blockchain technology. The system achieves data decentralization and security by storing various data and information on the blockchain. At the same time, through the application of smart contracts and intellige ...

WiMi Hologram Cloud (NASDAQ:WIMI) stock is heading higher on Tuesday after the company announced a collaboration with MicroAlgo (NASDAQ:MLGO).This has the two companies working together to create a joint micro-consciousness quantum research center. This location will focus on physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other areas of study.WiMi Hologram Cloud notes that the facility will tackle four topics in particular. They ...

BEIJING, June 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 WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on vario ...