WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions
BEIJING, March 20, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced a new technology aiming at improving the accuracy and reliability of Bitcoin transaction validation to better meet the growing market demand. The WiMi development team had in-depth research and analysis of existing technologies for Bitcoin transaction validation, gained a deep understanding of their principles and operation mechanisms, and combined them with the latest advances in formal validation technology. By drawing on the theories and methods from symbol semantics, execution models, model checkers, and other related fields, WiMi develooped the technical framework of the Bitcoin TrustBlock validator. The Bitcoin TrustBlock validator aims to harden the security of decentralized applications (DApps). This technology will bring unprecedented security and reliability to the cryptocurrency community, advancing the development of DeFi and other areas.