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Stock impact report

WiMi Announced a Federated Learning Framework Based on Layered and Sharded Blockchain Technology

WiMi Hologram Cloud Inc. - American Depositary Share (WIMI) 
Company Research Source: PR Newswire
BEIJING, Oct. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a federated learning framework based on layered and sharded blockchain technology, which can solve multiple key issues in federated learning, including information interaction, data security and privacy protection, computational efficiency, and system scalability by combining layered and sharded blockchain technologies to achieve more efficient and secure data collaboration.In the federated learning framework based on layered and sharded blockchain technology, the IoT network is finely divided into a multi-layer structure, and each layer is subdivided into multiple shards, aiming to optimize the information interaction and processing efficiency. The strategy of multiple layers and multiple shards enables the communication between nodes to be restricted to the same shard, which significantly red Show less Read more
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