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WiMi Announced GradingShard Blockchain Sharding Technology
WiMi Hologram Cloud unveils GradingShard, a revolutionary blockchain sharding technology aimed at enhancing scalability and performance in blockchain systems. By dividing the network into multiple slices and implementing parallel processing, GradingShard addresses traditional blockchain limitations, paving the way for widespread real-world applications. Read More to Acquire AI and Robotics Business Corp., a technology investment company, has entered into a share purchase agreement dated April 4, 2024 (the “Share Purchase Agreement”) to acquire all of the issued and outstanding shares of Simulacra Corporation, a Nevada-based technology company. Simulacra owns and operates three subsidiaries focused on the integration of artificial intelligence (“AI”) and high quality, humanoid robots that improve the human experience through connection, learning and play. It is expected that the transaction will close on or about April 16, 2024. All amounts herein are expressed in U.S. dollars, unless otherwise stated. Read More
WiMi is Working on the Blockchain Secure Storage Strategy
WiMi Hologram Cloud Inc., a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that it is working on employing Markov Chain Monte Carlo (MCMC) to blockchain storage. A new blockchain storage strategy is being proposed that reduces the block information in different nodes according to a stochastic algorithm. This blockchain secure storage strategy utilizes MCMC to improve blockchain data storage security. The MCMC algorithm has a wide range of applications in the fields of random sampling, mathematical expectation estimation, and definite integral calculus. The security of blockchain is built on the base of randomness. Read More
CharacterX Secures Seed Round to Propel AI and Blockchain Integration in Web3
CharacterX, a pioneering decentralized AI social network, today announced a significant 2.8 million round with 30 million valuation co-led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital. Major investors include CGV, ZC Capital, GRI, Fermion Capital, 84000LP, Fan Zhang, etc. This investment underscores the surging interest in the Web3 and AIGC space, a sector receiving heightened attention recently in the crypto field. Read More
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