WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. offers augmented reality based holographic services and products. It operates through the following segments: AR Advertising services, AR Entertainment, and Semiconductor Business. The AR Advertising services segment uses holographic materials which are integrated into advertisement on the online media platforms or offline display. The AR Entertainment segment mainly include three sub categories: SDK payment channel services, software development and mobile games operations and technology developments. The Semiconductor segment includes sale of products and sale of software. The company was founded in May 2015 and is headquartered in Chaoyang, China.

WiMi Hologram Cloud, Inc. engages in the provision of holographic services and products. It operates through the following segments: AR Advertising Services, AR Entertainment, and Semiconductor Business. The company was founded in May 2015 and is headquartered in Chaoyang, China.

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 intelligent Network Intrusion Detection Systems (NIDS) to provide a new solution for the IIOT.

WiMi Developed BlockChain Guardian Technology to Enable IIOT Cybersecurity

BEIJING , May 24, 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 IoT data perception system based on blockchain technology features decentralized storage, verification of data, automated management driven by smart contracts, and highly secure data exchange enabled by cryptography. It allows data generated by IoT devices to be recorded directly on the blockchain, ensuring the authenticity of the data source and traceability, while using smart contracts to automatically enforce data transaction rules, facilitating data sharing and maximizing the use of data value without sacrificing privacy.

WiMi Announced the Internet of Things (IoT) Data Perception Based on Blockchain Technology

BEIJING , May. 22, 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 blockchain data encryption based on machine learning and fully homomorphic encryption algorithm is a comprehensive solution which applies cutting-edge cryptography and artificial intelligence technologies for blockchain data protection.

WiMi Announced a Blockchain Data Encryption Technology Based on Machine Learning and Fully Homomorphic Encryption Algorithm

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 optimization of neural networks.

WiMi Announced PoLe Blockchain Consensus Mechanism to Enable Efficient Training of Neural Networks

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 federated chains, private chains, or internal components of specific blockchain systems.

WiMi Announced the Innovative Application of RAFT Consensus Algorithm in Blockchain to Build a Secure Data Management Model

BEIJING , May 6, 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 swin-transformer and hash-based on-chain copyright detection technology, which not only improves the efficiency and accuracy of copyright detection, but also provides a new solution for copyright protection through blockchain technology. This not only helps protect the legitimate rights and interests of creators, but also provides strong support for the healthy development of the entire video content industry.

WiMi Developed a Swin-Transformer and Hash-based On-Chain Copyright Detection Technology

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), PoS (Proof of Stake), or DPoS (Delegated Proof of Stake), to ensure the security and consistency of the network.

WiMi is Working on the Blockchain Collaborative Hybrid Consensus Algorithm to Optimize Blockchain Performance and Security

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, providing a unique carrier for message hiding.

WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security

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.

WiMi Announced GradingShard Blockchain Sharding Technology

BEIJING , April 18, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a lightweight blockchain-based architecture to overcome the limitations of traditional network architectures and provide a more secure, efficient and trusted connectivity solution for the 5G Internet of Things (IoT). Conventional 5G networks use security measures such as encryption during data transmission, but there are still certain risks associated with data storage and authentication.

WiMi Announced an Efficient Connectivity Solution Based on Blockchain Lightweight Architecture 5G IoT

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BEIJING , April 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 developed a two-stage hybrid machine learning model based on variational modal decomposition (VMD) and support vector regression (SVR). In order to efficiently capture the dynamic information of the market, WiMi's model of this technology employs the Boruta algorithm for technical indicators and feature selection.

WiMi Developed a Hybrid Machine Learning Model Based on VMD and SVR to Lead Bitcoin Price Prediction

BEIJING , March 25, 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 software architecture for payment systems on a blockchain multiplexing platform. Through multiplexing, and real-time exchange rate processing, it provides users and merchants with a more flexible, convenient and secure payment experience.

WiMi Developed a Lightweight Software Architecture for Payment Systems on a Blockchain Multiplexing Platform

BEIJING , March 20, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a new technology aiming at improving the accuracy and reliability of Bitcoin transaction validation to better meet the growing market demand. The WiMi development team had in-depth research and analysis of existing technologies for Bitcoin transaction validation, gained a deep understanding of their principles and operation mechanisms, and combined them with the latest advances in formal validation technology.

WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions

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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.

WiMi Is Researching Blockchain Optimized Data Storage Model Based on Extreme Learning Machine (ELM) Sharding

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.

WiMi is Researching Federated Blockchain Technology to Build a Decentralized File Storage and Sharing System

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.

WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions

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 occur in distributed systems.

WiMi Announced MHConsensus Blockchain Algorithm Achieving Efficient Data Management

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 Bitcoin exchange websites, with a special focus on key metrics.

WiMi Developed K-Means Algorithm-Based Technology to Improve Security and User Trust in Bitcoin Trading Platforms

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 algorithm is targeted to be improved according to the specific use scenarios of the blockchain.

WiMi Announced Weighted PBFT to Improve Blockchain Cross-Chain Consensus Algorithm and Enhance Security and Stability of Blockchain System

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.

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Beijing, Feb. 01, 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 optimized cloud task scheduling using group intelligence algorithms. A group intelligence algorithm is a computational method based on the behavior of groups in nature, which can demonstrate powerful search and optimization capabilities in solving complex problems by simulating the interactions and collaborations of individuals in a group. Using group intelligence algorithms to solve cloud task scheduling problems can improve task execution efficiency and resource utilization.

WiMi Optimized Cloud Task Scheduling in Cloud Computing Using Group Intelligence Algorithms

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 distance, and real-time FOV digital control in a product that involves optical engineering, computer vision, human-computer interaction, etc. The core innovation of the HoloAR Lens is that WiMi developed a holographic eye-tracking focusing system. It uses advanced computer vision technology that captures the user's eye movements in real-time by embedding an eye-tracking camera in the device. This data is transmitted to the built-in processing unit and analyzed with the help of algorithms to determine the user's focus position.

WiMi Developed Holographic Eye-Tracking Focusing System

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.

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