BEIJING, Dec. 11,
2024 /PRNewswire/ -- WiMi Hologram Cloud Inc.
(NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram
Augmented Reality ("AR") Technology provider, today announced that
they are exploring an innovative solution: a blockchain-based
distributed collaborative computing architecture specifically
designed for in-vehicle digital twin networks. This architecture
cleverly integrates the decentralized nature of
blockchain with the simulation and predictive capabilities of
digital twins, aiming to address the challenges of resource
collaboration and decision-making in the Internet of Vehicles
(IoV).
Blockchain technology, with its characteristics of immutability
and decentralization, plays a central role in the IoV. It not only
ensures the security of data exchange between vehicles but also
promotes transparent resource management. In WiMi's
blockchain-based distributed collaborative computing architecture,
each vehicle is treated as a node, with its computing power,
storage capacity, and other resource information recorded on the
blockchain. When an application request arises, the system can
quickly identify the most suitable resource provider and
automatically execute the transaction through smart contracts,
enabling real-time resource allocation and optimal utilization.
Digital twin technology is another key component of the
architecture, allowing the creation of highly accurate virtual
models of vehicles and their environments. By collecting and
analyzing real-time data from vehicle sensors, digital twins can
precisely simulate vehicle operating conditions and external
environments, providing strong support for decision-making. For
example, in the case of traffic congestion, digital twin technology
can predict the impact of different routes on fuel consumption and
time costs, helping drivers or autonomous driving systems make the
best choices.
WiMi's blockchain-based distributed collaborative computing
architecture combines blockchain's facilitation of open resource
sharing with the precise management and decision-making enabled by
digital twins. This architecture not only addresses existing
challenges but also drives the IoV towards greater efficiency and
intelligence. As the technology continues to mature and improve,
future intelligent transportation systems will become safer and
more convenient, bringing greater ease and benefits to people's
lives.
In future research, WiMi will continue to delve deeper into
blockchain-based distributed collaborative computing, aiming to
further reduce system latency, enhance resource allocation
efficiency, and strengthen privacy protection measures. This will
ensure the security of user data and enable seamless connectivity
and collaborative operations within the IoV.
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.