WiMi Developed K-Means Algorithm-Based Technology to Improve Security and User Trust in Bitcoin Trading Platforms [Yahoo! Finance]
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: Yahoo! Finance
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. The K-Means algorithm is an unsupervised learning clustering algorithm that effectively identifies anomalous users by grouping them by the similarity of their features. Some users show significantly different patterns of transaction behavior than others, making the use of the K-Means clustering algorithm ideal for solving this problem. Unlike traditional supervised learning methods, WiMi's K-Means algorithm for identifying fraudulent users on the Bitcoin trading platform learns and classifies without the need for pre-labeled data, making it perform much bet
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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