WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions [Yahoo! Finance]
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: Yahoo! Finance
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 suffer when it is transmitted in the network. Most importantly, to realize all of this in an IoT architecture, one needs to take into account the possibility that nodes may not alw
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WIMI
News
- MNY, GRPN among major communication services gainers; META, OPRA among losers [Seeking Alpha]Seeking Alpha
- WIMI, TROO and SILO among pre-market losers [Seeking Alpha]Seeking Alpha
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information Security [Yahoo! Finance]Yahoo! Finance
- WiMi Hologram Cloud Announced the B-TEC Technology to Enhance Information SecurityPR Newswire
- WiMi Announced GradingShard Blockchain Sharding Technology [Yahoo! Finance]Yahoo! Finance
WIMI
Sec Filings
- 4/25/24 - Form 20-F
- 4/23/24 - Form 6-K
- 3/18/24 - Form 6-K
- WIMI's page on the SEC website