BEIJING, Sept. 19,
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 integrated cloud computing and blockchain technology, and
developed a blockchain-based integrated architecture for security
maintenance in cloud computing, aiming to create an ecosystem of
cloud services that are both efficient and secure, providing a
solid guarantee for data integrity and reliability.
The core of blockchain technology lies in its tamper-proof,
thanks to its distributed ledger structure with strong encryption
algorithms. Each block contains the hash value of the previous
block, and any modification of the historical data will lead to
changes in the hash value of the subsequent block, which will be
quickly recognized by the network, effectively preventing illegal
tampering of data. In addition, the consensus mechanism ensures the
consistent recognition of the data state by all participating nodes
in the network, further reinforcing the security of the system.
WiMi's blockchain-based integrated architecture for security
maintenance in cloud computing integrates the advantages of
blockchain technology into cloud computing architecture to build a
secure and efficient cloud service environment. The solution
utilizes the blockchain's tamper-proof characteristics and
distributed consensus mechanism to ensure that data operations in
the cloud environment are verifiable and tamper-proof throughout,
making up for the shortcomings of the traditional cloud computing
model in data protection. By introducing homomorphic encryption to
safeguard data privacy and integrity during processing, combining
the Byzantine fault-tolerant consensus to build a distributed CSP
network, and adopting the master hash verification mechanism to
strengthen the cross-node confirmation of data authenticity, it
aims to provide users in various industries with both efficient and
secure cloud computing services, and reshape the foundation of
trust in the digital era. Its core modules include homomorphic
encryption, Byzantine fault-tolerant consensus mechanism and main
hash value verification.
Homomorphic encryption and data integrity: Utilizing homomorphic
encryption allows data to be directly computed in an encrypted
state without having to be decrypted first, which not only
maintains the privacy of the data, but at the same time permits
manipulation of the encrypted data without compromising its
integrity. This technology ensures data integrity in all
homomorphic encryption processes, even in multi-cloud
environments.
Byzantine fault-tolerant consensus mechanism: In the face of a
possible single point of failure or malicious behavior of Cloud
Service Providers (CSPs), the scheme introduces the BFT consensus
algorithm. This mechanism tolerates a certain percentage of faulty
nodes (including malicious or failed nodes). It ensures that the
network can agree and continue to operate even if some participants
are dishonest. By constructing a distributed CSP network,
participants are involved in the validation and processing of the
data.
Master hash validation: For each completed round of computation,
each CSP generates a master hash value for the data it processes
and broadcasts it to other nodes in the network for validation.
This process ensures that every step of data processing is
monitored by the whole network, and any attempt to tamper with the
data will be revealed because it cannot pass the hash value
verification.
WiMi's blockchain-based integrated architecture for security
maintenance in cloud computing not only solves the serious
challenge of data integrity in cloud computing, but also lays a
solid foundation for realizing a trusted computing environment. By
combining the tamper-proof features of blockchain and the powerful
processing capabilities of cloud computing, a path to higher levels
of data security and trust is opened. In the future, with the
continuous maturation of technology and the broadening of
application scenarios, the fusion model of cloud computing and
blockchain technology is expected to become a new driving force to
promote the safe development of the digital economy and protect
data assets.
About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud
comprehensive technical solution provider that focuses on
professional areas including holographic AR automotive HUD
software, 3D holographic pulse LiDAR, head-mounted light field
holographic equipment, holographic semiconductor, holographic cloud
software, holographic car navigation and others. Its services and
holographic AR technologies include holographic AR automotive
application, 3D holographic pulse LiDAR technology, holographic
vision semiconductor technology, holographic software development,
holographic AR advertising technology, holographic AR entertainment
technology, holographic ARSDK payment, interactive holographic
communication and other holographic AR technologies.
Safe Harbor Statements
This press release contains "forward-looking statements" within
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," and similar statements. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, are forward-looking statements. Among
other things, the business outlook and quotations from management
in this press release and the Company's strategic and operational
plans contain forward−looking statements. The Company may also make
written or oral forward−looking statements in its periodic reports
to the US Securities and Exchange Commission ("SEC") on Forms 20−F
and 6−K, in its annual report to shareholders, in press releases,
and other written materials, and in oral statements made by its
officers, directors or employees to third parties. Forward-looking
statements involve inherent risks and uncertainties. Several
factors could cause actual results to differ materially from those
contained in any forward−looking statement, including but not
limited to the following: the Company's goals and strategies; the
Company's future business development, financial condition, and
results of operations; the expected growth of the AR holographic
industry; and the Company's expectations regarding demand for and
market acceptance of its products and services.
Further information regarding these and other risks is included
in the Company's annual report on Form 20-F and the current report
on Form 6-K and other documents filed with the SEC. All information
provided in this press release is as of the date of this press
release. The Company does not undertake any obligation to update
any forward-looking statement except as required under applicable
laws.
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SOURCE WiMi Hologram Cloud Inc.