WiMi Hologram Cloud Inc. Introduces Blockchain-Based Privacy Security Protection Framework for Secure Data Sharing in Smart Cities

WiMi Hologram Cloud Inc. Introduces Blockchain-Based Privacy Security Protection Framework for Smart Cities

In a groundbreaking announcement, WiMi Hologram Cloud Inc. (NASDAQ: WIMI) has unveiled a new blockchain-based privacy security protection framework designed to revolutionize data sharing and collaboration in smart cities. This innovative solution integrates the decentralized, transparent, and immutable nature of blockchain technology with advanced encryption and authentication technologies to establish a secure and efficient sharing ecosystem for IoT data in smart cities.

The framework begins by creating a decentralized network through a secure initialization process that rigorously authenticates and registers all participating IoT devices and users. Utilizing public key infrastructure (PKI) to issue digital certificates ensures the authenticity and legitimacy of each participant, establishing a foundation of trust for data exchanges.

To protect data, the framework employs a multi-layered encryption strategy. Data is encrypted at the point of generation using symmetric encryption algorithms like AES to ensure confidentiality during transit and storage. Asymmetric encryption techniques such as RSA are utilized for key exchange, further enhancing data security. Data hash processing is also implemented to maintain data integrity and quickly detect any unauthorized modifications.

In addition to encryption, strict access control mechanisms are put in place to ensure that only authorized users can access the data. Role-based access control and fine-grained attribute-based access control dynamically adjust access rights based on users’ roles, attributes, and contextual conditions. The introduction of one-time passwords enhances login and transaction security, preventing replay attacks and unauthorized access attempts.

WiMi’s blockchain-based privacy security protection framework offers a comprehensive solution for secure IoT data sharing in smart cities. By combining blockchain and advanced encryption technologies, it addresses the security vulnerabilities of traditional centralized repositories and enables secure data transmission, storage, and access control. This framework sets the stage for the sustainable development of smart cities, pushing them towards higher security standards and deeper data collaboration.

As WiMi continues to innovate and expand its application scenarios, the blockchain-based privacy security protection framework is poised to play a crucial role in shaping the future of smart cities. With a focus on security, efficiency, and collaboration, WiMi is leading the way in harnessing the power of blockchain technology for the benefit of smart cities worldwide.

About WiMi Hologram Cloud Inc.
WiMi Hologram Cloud Inc. (NASDAQ: WIMI) is a holographic cloud comprehensive technical solution provider specializing in holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation, and more. Its services and holographic AR technologies encompass a wide range of applications, including automotive, LiDAR technology, semiconductor technology, software development, advertising, entertainment, payment, communication, and other cutting-edge holographic AR technologies.

Safe Harbor Statements
This press release contains forward-looking statements within the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s beliefs and expectations and involve inherent risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The Company does not undertake any obligation to update these statements except as required by law.

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Source: WiMi Hologram Cloud Inc.