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WiMi Builds A Next-gen Enterprise Data Management System WBM-SMEs Based on Blockchain, AI and IoT
BEIJING, May 1, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR")
About this update from Wimi Hologram Cloud Inc.
[{"type":"text","content":"BEIJING, May 1, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (\"WiMi\" or the \"Company\"), a leading global Hologram Augmented Reality (\"AR\") Technology provider, today announced the development of a data management system for SMEs that combines blockchain, AI, and IoT technologies to help companies achieve efficient, collaborative and intelligent processing of data.\nIn the era of Web 3.0, SMEs are facing many challenges at the same time. For example, the current distributed data management platform is designed for SMEs. The data collaboration and linking ability between platforms is low, making it challenging to ensure data accuracy, integrity, and reliability for enterprise operations, thus leading to low data management efficiency and insufficient data utilization. In addition, data encryption protection and anti-tampering also need to be significantly improved. Most of the current data management in SMEs is based on a centralized server management model. This also makes data collaboration and data trust between two different enterprise partners problematic. The reason for centralized management of enterprise database infrastructure is also based on enterprise data security, privacy, and data extraction efficiency, and it is a necessity. Therefore, improving enterprise efficiency and productivity through data lightening and intelligent analysis and revitalizing static data is the core issue of enterprise data management. Based on this, WiMi develops a smart collaboration system for data management for SMEs so enterprises can efficiently link collaborative work in Web 3.0, and enterprise data can be efficiently utilized and processed anytime and anywhere.\nWiMi uses blockchain, IoT, AI, and machine learning to propose a novel and efficient security framework for distributed SMEs with standardized processes, hierarchies, and task life cycles. The WBM-SMEs system is based on a blockchain with a permissionless network structure supporting the IoT, providing a solution for cross-chain platforms. The system also solves the authentication problem among lightweight partnership partners. For this purpose, the system deploys three different chain codes. It handles the daily information management of participating SMEs and exchanges between nodes, analyzing transaction details related to the exchange before saving th...