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Stock impact report

WiMi Developed a Blockchain Empowered Asynchronous Federated Learning for Optimizing Model Training

WiMi Hologram Cloud Inc. - American Depositary Share (WIMI) 
Company Research Source: PR Newswire
BEIJING, Sept. 9, 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 developed a blockchain-based asynchronous federated learning (BAFL). The framework combines blockchain technology and asynchronous learning mechanisms to build a federated learning environment that is both efficient and secure.Blockchain, with its decentralization, immutability and transparency, has become an important means to guarantee the security of federated learning systems. In BAFL, blockchain records the history of each model update to ensure the integrity and traceability of model data and prevent malicious tampering. Meanwhile, the consensus mechanism of blockchain can identify and exclude abnormal behaviors and enhance the system's ability to resist poisoning attacks.Compared to traditional synchronous federated learning, asynchronous learning allows participating devices to Show less Read more
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