WiMi is Researching Federated Blockchain Technology to Build a Decentralized File Storage and Sharing System [Yahoo! Finance]
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: Yahoo! Finance
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. A federated blockchain offers higher performance and privacy protection compared to a public blockchain. In a federated blockchain, a file storage and sharing system can be built, i.e., files are stored on different nodes, and the sharing and transmission of files are realized through blockchain technology. In this system, each node can store and share files, and other nodes can transmit and obtain files through the blockchain network. The security and trustworthiness of the files can be ensured through the consensus mechanism and smart contracts of the federated blockchain. The core of the federated blockchain-based file storage and sharing system researched by WiMi involve
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- 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