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 ...

Core Viewpoint - WiMi Hologram Cloud Inc. has developed a hybrid LSTM-ELM model that utilizes multi-scale analysis and machine learning techniques to enhance cryptocurrency price prediction accuracy, addressing the complexities of the digital currency market [1][6][7] Group 1: Model Development - The hybrid LSTM-ELM model integrates advanced methods such as multi-scale analysis, artificial intelligence, and signal decomposition to improve prediction accuracy [2][5] - The model begins with thorough data preparation, including handling missing data, outlier detection, and data normalization, which are crucial for accurate predictions [2][3] - The model decomposes cryptocurrency price time series into high, medium, and low-frequency components to better capture price fluctuations [3][4] Group 2: Methodology - The sample entropy method is employed to measure the similarity of time series, allowing for a more accurate reconstruction of frequency components [3][4] - Empirical Modal Decomposition (EMD) and Variational Modal Decomposition (VMD) are used to enhance the decomposition of nonlinear and unstable data, improving prediction capabilities [4][6] - The model combines predictions from different frequency components, leveraging deep learning algorithms like LSTM and ELM to adapt to market variations [5][6] Group 3: Market Context and Implications - The hybrid LSTM-ELM model represents a significant innovation in financial technology, particularly in the context of the booming digital currency market [6][7] - The model's ability to handle both high and low-frequency components makes it a powerful tool for investors navigating market volatility [6][7] - WiMi's advancements in predictive modeling not only aim to provide investors with accurate market information but also signal future developments in the financial technology industry [7]

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 ...

Beijing, Feb. 05, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that a multi-view representation learning algorithm is to deal with the data stream clustering problem. The multi-view representation learning algorithm can provide an effective solution to the data stream clustering problem. The multi-view representation learning algorithm is a method of learning and fusing data ...

Beijing, Jan. 29, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it has been focusing on solving the bottleneck of holographic head-mounted display technology, challenging the traditional display mode and enhancing the overall user experience. WiMi's HoloAR Lens was developed by using a holographic eye-tracking focusing system, an optical system with adjustable pupil dista ...