With the development and popularization of the Internet, people are moving towards the era of the “Internet of Everything.” In the era of “The Internet of Everything,” the underlying technology of the digital economy has gradually expanded to the application field, and people have steadily explored the value of the digital economy itself. Unlike the previous information transmission, the current information transmission can realize the whole network broadcasting by connecting users’ holographic nodes, forming a consensus and confidence mechanisms. By this means, it creates and transmits value. The exclusive underlying technology of the digital economy has gradually penetrated the government, financial regulation, the Internet of Things, credit reporting, traceability and anti-counterfeiting, and other fields. It is increasingly integrated with regulatory technology (Regtech) and financial technology (Fintech) to a great extent. The development and popularization of the digital economy have opened a new path in the field of supervision and have had a significant impact on traditional regulatory thinking and regulatory paradigm.
Although people can often use hash algorithms (strings encoded by letters and numbers) to take advantage of immutability and secure data management, it still has defects in information privacy and confidentiality. Most users in the network are concerned about the traceability of personal information. Hackers can easily track the target node by analyzing the transmitted transactions if personal privacy information is not retained. Therefore, privacy information protection becomes more important for information exchange and sharing. In this regard, WiMi Hologram Cloud, Inc. (NASDAQ:WIMI) proposed the importance of personal information protection in the digital economy. Based on the RSA digital signature algorithm and the analog signature scheme of phase-shift digital holography, it plans to create a new digital holographic security authentication technology. It is a new security authentication technology that applies digital holography technology to the digital economy. It is mainly used to protect the privacy information of network nodes so that the transaction information of nodes can never be tampered with in digital transactions and ensure network security. Users can have more autonomy and independence when holographic technology and cryptocurrency are commercialized. The digital holographic security authentication technology implements Proof of Work (PoW) in the block by designing a novel multidimensional array data structure to verify accurate copy verification and legal movement. The random number of multidimensional array data is revealed from the hash under the AI algorithm so that the private information of nodes is stored in the form of digital holographic encryption so that the real identity of each node in the network cannot be intruded on by hackers.
The digital holographic security authentication technology of WiMi is mainly a secure, anonymous system that handles the privacy protection of a large amount of information. It is a digital signature technology that upgrades the traditional digital signature algorithm to holographic optics, executes the PoW consensus algorithm in digital transactions, and proves the real identity through digital holographic encryption technology, thus realizing legal block linkage. In addition, the block structure of the multidimensional array decides more sufficient storage than traditional blocks to represent a large amount of transaction information of blocks. WiMi conceives to introduce an effective way to convert the original data into multidimensional code, and use the combined XOR logical operation of transaction and the previous hash to protect the private information, record all the information in the log, and distribute its copies to network users, build a flattened, open source, and comparable holographic database, and overcome the disadvantage that the centralized database is accessible to be disclosed.
WiMi protects the ecosystem of creators and consumers by integrating AI algorithms and other advanced technologies in the holographic industry and synchronously embedding cutting-edge technologies in the digital economy, centering on the strategic model of connecting virtual reality content, media applications, and entire scene technology applications. At the same time as stringing up the holographic ecosystem, a vast amount of development and application will also be produced. It will integrate the peripheral derived economic benefits, combine the AI algorithm technology application module, introduce the 6G era, and hope to create another wave of new era revolution through the latest technology of mobile application technology.