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 , 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.

WiMi Announced a Genetic Algorithm-based Consensus Algorithm for Blockchain

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.

WiMi Announced a Blockchain Consensus Mechanism Based on Improved Distributed Consistency and Hash Entropy

Vuzix

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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.

WiMi Announced a Intelligent Interconnected Decision-making System Based on Blockchain Technology

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.

Why Is WiMi Hologram Cloud (WIMI) Stock Up 23% Today?

MicroAlgo Inc

BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi 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 various disciplines centered on consciousness.

MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)

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 various disciplines centered on consciousness.

WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo

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

Himax Tech

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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

AMC Entertainment

BigBear.ai Holdings

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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.

News for WiMi Hologram Cloud Stock (WIMI)