WiMi Hologram Cloud Inc, a leading global Hologram Augmented Reality (“AR”) Technology provider, announced that it developed a blockchain-based trust approach for cloud computing to address trust and security issues in cloud computing services through technological innovation, while meeting increasingly stringent regulatory requirements and market demands.
WiMi’s blockchain-based trust approach for cloud computing, firstly, establishes a decentralized trust framework so that the trust evaluation process is no longer dependent on a single central node. A blockchain network is constructed that consists of multiple nodes, each of which is involved in the verification and recording of trust information. These nodes can be cloud computing service providers, users or other third-party organizations. Through the blockchain’s distributed ledger technology, each node can participate in the verification and recording of trust evidence, which improves the transparency and tamper resistance of the whole system. This decentralized nature not only reduces the risk of a single point of failure, but also ensures the common recognition of the trust state by all participants through the consensus mechanism.
In addition, the technology framework automates the trust management process by integrating smart contracts. Based on the trust model, smart contracts are developed to automate the trust management process. The smart contract contains all the logic of trust management, such as user authentication, permission verification, and behavior monitoring. Smart contracts can execute automatically when preset conditions are met, which not only improves the efficiency of trust management, but also reduces human intervention and the possibility of fraud and error. In addition, the application of smart contracts also makes the trust management rules more flexible and customizable, which can be adjusted according to different application scenarios and needs, thus providing more accurate trust support for various cloud computing services.
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WiMi’s blockchain-based trust approach for cloud computing integrates data security measures such as end-to-end encryption, access control, etc. in the blockchain network in order to ensure the security and privacy of data stored on the blockchain. The technology framework employs advanced encryption techniques to protect the data stored on the blockchain. With technologies such as end-to-end encryption and zero-knowledge proof, the confidentiality and integrity of data can be ensured even in a decentralized environment. Meanwhile, the combination of mechanisms such as Access Control Lists (ACLs) and Role-Based Access Control (RBAC) allows precise control of access to data, so that only authenticated and authorized users can access the corresponding data resources. Such comprehensive data protection measures provide a strong guarantee for data security in cloud computing environments.
With the ongoing introduction of blockchain-based trust methods in cloud computing, WiMi is addressing increasingly complex cybersecurity challenges through technological innovation. This technology not only enhances the security and trust of cloud computing services, but also improves the efficiency and reliability of the entire system through decentralized and automated smart contracts. It represents the organization’s commitment to data protection and user trust, while demonstrating WiMi’s leadership role in driving industry security standards.
SOURCE: PRNewswire