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0.0608695652173912 0.0608695652173912 0.0521739130434781 0.0494782608695652 0.060782608695652 0.039391304347826 0.0173913043478261 0.0173913043478261
Stock impact report

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

WiMi Hologram Cloud Inc. - American Depositary Share (WIMI) 
Company Research Source: PR Newswire
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 protecting the data privacy of transactions through Bitcoin and Ether blockchain technology to ensure that user data is adequately protected during network transmission. WiMi developed a blockchain-based transaction data security model for large-scale private networks. First, it is necessary to ensure that the communication between nodes is secure against threats such as attacks. Secondly, it is necessary to address the risk of privacy leakage that a large amount of user data may su Show less Read more
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