BEIJING, March 8,
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 researching a blockchain optimized data storage model based
on Extreme Learning Machine (ELM) sharding. ELM is a machine
learning algorithm based on artificial neural networks. The core
idea of ELM is to initialize the connection weights between the
input layer to the hidden layer randomly. Then through parsing, the
connection weights between the output layer to the hidden layer are
quickly calculated, and a simple and efficient neural network model
is constructed by randomly generating the input weights and the
bias of the hidden layer neurons. Compared with traditional neural
network algorithms, ELM is characterized by fast training speed and
strong generalization ability. Whereas sharding is a method of
splitting data into multiple segments in a blockchain system, each
of which can be processed and stored independently, sharding
improves the performance of the blockchain system.
The ELM-based sharding blockchain data storage model divides the
blockchain network into multiple shards, each of which needs to
store and process only part of the blockchain's data. Specifically,
each slice only needs to store and verify the blocks and
transaction data associated with it, without storing a full copy of
the entire blockchain. This can greatly reduce storage
requirements, lower storage costs, and improve the efficiency and
performance of data synchronization. In this model, each slice can
use ELM as its local storage and computation unit. ELM is an
efficient machine learning algorithm with fast training and
prediction capabilities. Each slice can use ELM to store and
process its own blockchain data without relying on other slices or
full nodes. This increases the efficiency of data storage and
processing and reduces the dependency on full nodes.
Specifically, it is first necessary to split the original
blockchain data into multiple segments and store these segments on
different nodes, thus realizing the distributed management of data
storage as well as achieving parallel processing of data. Each node
only needs to store the sharding data it is responsible for, which
greatly reduces the storage pressure of nodes. Each shard can be
managed by one or more ELM nodes. ELM nodes use ELM algorithms to
train and process the data. ELM is a fast and efficient machine
learning algorithm that can process and analyze large amounts of
data in a short period of time. Each ELM node can independently
process and store the data sharding it is responsible for. This
sharding technology improves the parallel processing of data, thus
increasing the performance of the entire blockchain system. At the
same time, since each node only needs to manage a portion of the
data, it can reduce the cost of data storage and processing.
In addition, the ELM-based sharding technology can also provide
higher data privacy and security. Since the data is partitioned
into multiple segments and managed by different ELM nodes, even if
one node is attacked or the data is leaked, it will not have an
impact on the data integrity of the whole system.
The ELM-based sharding blockchain data storage model researched
by WiMi can solve the problems of storage capacity and transaction
speed faced by the traditional blockchain data storage model,
reduce the storage cost, improve the efficiency and performance of
data synchronization, and provide a more efficient way of data
management and access to further improve the performance and
scalability of the blockchain system. This model is of great
significance in the application of blockchain technology and data
storage models.
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.