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 researching federated blockchain technology to build a decentralized file storage and sharing system.
A federated blockchain is a special type of blockchain, which is a blockchain network managed and maintained by multiple organizations. A federated blockchain offers higher performance and privacy protection compared to a public blockchain. In a federated blockchain, a file storage and sharing system can be built, i.e., files are stored on different nodes, and the sharing and transmission of...
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