BEIJING, June 3, 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 innovative technology, BlockChain Guardian, which will provide robust security protection for the Industrial Internet of Things (IIoT). This technology combines the decentralization, immutability and security of blockchain with the real-time monitoring and anomaly detection capabilities of intelli ...

Core Viewpoint - WiMi Hologram Cloud Inc. has introduced an IoT data perception system utilizing blockchain technology, which enhances data security, privacy, and facilitates efficient data management through decentralized storage and smart contracts [1][2]. Group 1: Technology Features - The IoT data perception system features decentralized storage, data verification, automated management via smart contracts, and secure data exchange through cryptography [1]. - Blockchain technology ensures the integrity and non-tampering of IoT data during transmission and storage, improving transaction efficiency and transparency [2]. - The system includes multiple core technology modules that work together to create a secure and efficient IoT data management environment, supporting cross-industry and cross-device collaboration [2]. Group 2: Data Management and Security - Data perception collection involves gathering various types of data from IoT devices, including environmental parameters and device status, using devices like sensor networks and cameras [3]. - The blockchain serves as the core component for storing and validating collected data, ensuring a tamper-proof chain that maintains data integrity [3]. - Smart contracts automate data transaction rules and permissions, enhancing security and compliance in data sharing [3]. Group 3: Additional Functionalities - Identity and access management ensures that only authorized entities can access the system, thereby enhancing overall security [4]. - The system includes GPS positioning capabilities for applications requiring geographic data, aiding in location-related analysis [4]. - Advanced encryption technology is employed to protect privacy during data transmission and storage, ensuring data security even when shared [4]. Group 4: Company Overview - WiMi Hologram Cloud, Inc. specializes in holographic AR technologies and solutions, including automotive applications, 3D holographic technologies, and interactive communication [5].

Core Viewpoint - WiMi Hologram Cloud Inc. has introduced a comprehensive blockchain data encryption solution that integrates machine learning and fully homomorphic encryption to enhance data protection while ensuring transparency and tamper-proofness in blockchain applications [1][5][6] Group 1: Technology Overview - The solution utilizes fully homomorphic encryption (FHE), allowing operations on encrypted data without decryption, thus maintaining data privacy while enabling complex computations [2][4] - Machine learning is applied for intelligent key management, threat detection, and risk assessment, enhancing the security and adaptability of encryption systems [3][4] Group 2: Application Scenarios - The technology can be used in privacy-protected transactions, private smart contracts, cross-chain data exchange, and on-chain data analysis, ensuring that sensitive information remains encrypted and accessible only to authorized parties [4][5] - In multi-chain environments, FHE ensures that data exchanged between different blockchains remains encrypted, preventing data leakage and supporting secure collaboration [4][5] Group 3: Industry Impact - The integration of advanced encryption and AI technologies aims to provide robust data protection for blockchain ecosystems, promoting the development of more secure and practical blockchain applications [5][6] - The solution addresses the growing complexity of application scenarios in the blockchain space, balancing privacy protection with the inherent transparency of blockchain technology [5][6]

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 ...

Core Viewpoint - WiMi Hologram Cloud Inc. has developed a swin-transformer and hash-based on-chain copyright detection technology that enhances the efficiency and accuracy of copyright detection while providing a robust solution for copyright protection through blockchain technology [1][6]. Technological Innovation - The swin-transformer utilizes advanced deep learning for improved image recognition and video analysis, allowing for more accurate copyright detection compared to traditional methods [1][4]. - A hashing algorithm generates unique fingerprints of video content that remain consistent even after modifications, enabling the detection of both identical and altered infringing videos [2][5]. - Blockchain technology ensures the immutability of copyright data by permanently recording hash values, thus protecting original content from unauthorized changes [2][5]. - Smart contracts automate the verification process of video originality, enhancing efficiency and reducing human error in copyright detection [3][5]. - The block comparison approach allows for quicker identification of similarities in video content, significantly reducing the time and computational resources needed for analysis [3][5]. Industry Impact - WiMi's technology addresses the growing need for effective copyright protection in the digital era, supporting the legitimate rights of creators and fostering the healthy development of the video content industry [6][7]. - The integration of deep learning, hashing algorithms, and blockchain technology in copyright protection signifies a shift towards a more intelligent and transparent digital copyright ecosystem [7]. - The successful implementation of this technology sets a precedent for future advancements in copyright protection, contributing to a more orderly and prosperous digital creative environment [6][7].

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 ...