WiMi is Working on a Blockchain-Enhanced Federal Learning Privacy-Preserving Mechanism
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: PR Newswire
BEIJING, Nov. 1, 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 is working on the Federal Learning on Blockchain (FLoBC), aiming to address two core challenges in the current data science field by integrating cutting-edge advances with blockchain technology and federated learning. The two challenges are data privacy protection and efficient training of large-scale machine learning models.Federated learning is a distributed machine-learning approach that allows models to be trained collaboratively without directly exchanging or centralizing raw data. This mechanism effectively protects user privacy by performing local model training on each participating node (e.g., mobile devices, enterprise servers, etc.) and sharing only updates to model parameters rather than raw data. However, the traditional federated learning framework faces problems such as in
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WIMI
News
- WiMi Researches Consensus Algorithms for Blockchain-based Internet of Things ApplicationsPR Newswire
- WiMi Developed a Decentralized Cloud Manufacturing Model Based on Blockchain(BC)PR Newswire
- WiMi Researches Reinforcement Learning-Based Blockchain Federated Learning Framework to Optimize Model Aggregation Strategy and SecurityPR Newswire
- WiMi Hologram Cloud Inc. Researches Innovative Cloud Service Trust Interaction Framework Based on Blockchain TechnologyPR Newswire
- WiMi Announced the Cluster-Based Sharding Blockchain Strategy Used for IoT Collaborative ComputingPR Newswire
WIMI
Sec Filings
- 11/21/24 - Form 6-K
- 10/15/24 - Form 6-K
- 8/26/24 - Form F-3/A
- WIMI's page on the SEC website