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 ...

Core Viewpoint - WiMi Hologram Cloud Inc. has optimized its blockchain performance by introducing a weighted PBFT consensus algorithm, aimed at increasing throughput, reducing latency, and enhancing fault tolerance in blockchain applications [1][5]. Group 1: Algorithm Overview - The weighted PBFT algorithm is designed to improve the efficiency of blockchain consensus processes by introducing node weights, which reflect the importance and capability of each node [1][3]. - This algorithm addresses issues of network congestion caused by traditional consensus protocols, ensuring that the blockchain system remains efficient even under high transaction volumes [2][5]. - The algorithm includes integration and boosting mechanisms that allow for quick recovery from abnormal network situations, maintaining data consistency and security [5][6]. Group 2: Implementation Steps - The implementation of the weighted PBFT algorithm involves several steps, starting with the initialization of node operations and the client sending transaction requests to the master node [4]. - The master node executes an optimized consistency protocol, and all consensus nodes follow this protocol, with feedback mechanisms in place to ensure the correctness of the consensus [4]. - The system updates the consensus node set based on the integrity of the nodes, ensuring that only reliable nodes participate in the consensus process [4]. Group 3: Future Directions - WiMi plans to continue its focus on blockchain technology development, exploring new application scenarios and technological innovations to provide efficient and secure blockchain solutions across various industries [6].

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 ...

Beijing, Jan. 26, 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 developed an AI-driven real-time spatial interaction perception system for interior design. The design industry has ushered in the era of personalized design, and the co-use of AI and VR technologies provides an unprecedented opportunity. Virtual reality (VR) technology has made remarkable progress in the ...

Beijing, Jan. 24, 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 successfully integrated the visual-brain-computer interface (V-BCI) into the holographic eyewear interaction system, resulting in a more efficient and immersive user experience. Currently, traditional human-computer interaction mainly relies on input methods such as gestures and voice, which has achieved a ...

Beijing, Jan. 18, 2024 (GLOBE NEWSWIRE) -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a Trimmed K-Means algorithm for detecting crypto-wallet fraud on the Bitcoin network. It combines symmetry and asymmetry in computer and engineering sciences to provide a novel solution for crypto-wallet fraud on the Bitcoin network. The technology not only improves detection efficiency but also identifies anomalo ...

Beijing, Jan. 16, 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 is working on a novel mixed byzantine fault tolerance (MBFT). MBFT has its origins in the PBFT algorithm, the first consensus algorithm used in the Union Blockchain, but in many ways, MBFT has improved and innovated. MBFT improves scalability while ensuring fault tolerance. It combines sharding and layerin ...

Beijing, Jan. 12, 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 is working on employing Markov Chain Monte Carlo (MCMC) to blockchain storage. A new blockchain storage strategy is being proposed that reduces the block information in different nodes according to a stochastic algorithm. This blockchain secure storage strategy utilizes MCMC to improve blockchain data stor ...