HomeBlockchainWiMi introduces new blockchain technology for secure data sharing in smart cities

WiMi introduces new blockchain technology for secure data sharing in smart cities

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WiMi Hologram Cloud Inc. Introduces Blockchain-Based Privacy Security Protection Framework for Secure Data Sharing in Smart Cities

WiMi Hologram Cloud Inc. Unveils Blockchain-Based Privacy Security Protection Framework for Smart Cities

In a groundbreaking announcement today, WiMi Hologram Cloud Inc. revealed a cutting-edge blockchain-based privacy security protection framework designed to revolutionize data sharing and collaboration in smart cities. This innovative solution combines the decentralized, transparent, and immutable nature of blockchain technology with advanced encryption and authentication technologies to create a secure ecosystem for IoT data in urban environments.

The key feature of this new framework is the establishment of a decentralized network through a secure initialization process, where all IoT devices and users undergo rigorous authentication and registration. By utilizing public key infrastructure (PKI) to issue digital certificates, the framework ensures the authenticity and legitimacy of each participant, fostering a foundation of trust for data exchanges.

To safeguard data, the framework employs a multi-layered encryption strategy. Data is encrypted at the point of generation, with symmetric encryption algorithms like AES ensuring confidentiality during transit and storage. Additionally, asymmetric encryption techniques such as RSA are utilized for key exchange, enhancing data security. Data hash processing is also implemented to maintain data integrity and quickly detect any unauthorized modifications.

Furthermore, strict access control mechanisms are put in place to restrict data access to authorized users. Role-based and attribute-based access controls dynamically adjust access rights based on users’ roles, attributes, and contextual conditions. The introduction of one-time passwords enhances login and transaction security, preventing replay attacks and unauthorized access attempts.

WiMi’s blockchain-based privacy security protection framework offers a comprehensive solution for secure IoT data sharing in smart cities, addressing the security vulnerabilities of traditional centralized repositories. By combining blockchain and advanced encryption technologies, the framework ensures secure data transmission, storage, and access control, laying a solid foundation for the sustainable development of smart cities.

As the technology matures and its applications expand, the blockchain-based privacy security protection framework is poised to play a crucial role in enhancing security standards and promoting deeper data collaboration in smart cities. This advancement marks a significant step towards a more secure and interconnected urban landscape.

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