WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the proposal of a custom vehicular networks-based consensus algorithm (VBCA) to secure data across the network. The algorithm uses a blockchain to maintain a secure pool of confirmed information exchanged in the network. Based on a consortium chain, the solution optimizes transmission efficiency, reduces average data exchange latency, and increases the magnitude of confirmed data...