WiMi Hologram Cloud Inc (WIMI)

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WIMI (NASDAQ: WIMI) develops a virtual wearable system based on Web3.0 technology.

Source
https://cj.sina.com.cn/articles/view/7651844612/1c815e20402001fyx6?from=finance

March 6, 2023

With the rapid development of e-commerce, online shopping has become very common. More and more consumers, especially students and office workers, are used to buying clothes, shoes, hats, accessories, cosmetics, etc. online. The change of consumption habits has promoted the upgrading of the consumption market, but at present, our online shopping system is still at the stage of flat display, which is different from the offline shopping experience, and users can only imagine the effect after use, which also causes some problems. People's shopping troubles, selection difficulties, and product returns.

WIMI (NASDAQ: WIMI) develops a virtual wearable system based on Web3.0 technology, which consists of a display module, a product control module, a product selection module, a product simulation module, an interaction module, a transaction system module, an information statistics module, and a sharing evaluation system The modules constitute a complete holographic virtual wearable system.

WIMI holographic virtual wear system can improve the overall shopping experience. Based on Space Web of Web3.0 technology, retailers can create a new virtual shopping experience. Users can try on clothes, cosmetics and accessories virtually, and interact with products in a virtual environment . For example, customers can use virtual reality technology to try on clothes, shoes, jewelry and cosmetics before purchasing, and view the effect after trial through 3D holographic technology in an online virtual way.

The WIMI holographic virtual wearable system reserves two experience technology entrances for users: real person try-on entrance and virtual try-on entrance.

Real-life try-on users can integrate and display the 3D holographic product model and user image through the camera. The product control module is responsible for adjusting the position, size and angle of the 3D holographic model of the product, obtaining the user image in the scene, and then reading the product. 3D holographic model, and integrate and display the 3D holographic model of the product with the user's image.

Virtual try-on, the user can upload a photo, the system can generate a set of user's holographic 3D digital model information, and wear and match on the user's 3D holographic digital model, you can see the product on the body without trying it on yourself Combine and move the situation.

In order to make the product model more realistic, WIMI hologram adds more detailed simulation effects such as texture, light and shadow. For example, clothing adopts texture mapping technology, by drawing a variety of different texture maps for the same clothing model to imitate different colors, patterns, materials, etc. In this way, multiple pieces of clothing with different colors, patterns and materials share one model, which can greatly reduce the cost of clothing model manufacturing and save the storage space of the somatosensory virtual system.

WIMI Holographic (NASDAQ: WIMI) virtual wearable system will be based on Web 3.0 and artificial intelligence (AI) technology, through data decentralization, distributed ledgers, smart contracts, etc. to effectively protect system security and user privacy, focusing on creating a A more decentralized and secure internet that addresses some of the issues associated with online shopping, such as fraud and privacy concerns. And improve the user's trial experience through semantic Web, AI, ML (machine learning), etc.

Data decentralization:
WIMI Hologram is based on the Web 3.0 virtual wearable system and supports a decentralized architecture, which means that data and applications are not controlled by a single centralized organization. This can provide greater security for online shopping and reduce the risk of data breaches.

Distributed ledgers:
Distributed ledgers can be used to provide a more secure and transparent payment system for online shopping. This provides better protection against fraud and chargebacks, and reduces payment processing times.

Smart contract:
WIMI Hologram is based on the Web 3.0 virtual wearable system, which can use smart contracts in online shopping. This is an automatically executed contract. The terms of the agreement between the buyer and the seller are directly written into the code line, and the smart contract can automatically complete online shopping. Many tasks that are typically done manually in the web server, such as payment processing and order tracking.

Semantic Web:
Create the Semantic Web, which means data is structured in a way that is easily understood by humans and machines. This can provide customers with a more personalized shopping experience and improve the accuracy and relevance of search results. For example, chatGPT can be understood as the prototype of the Semantic Web, enabling better interaction and understanding between the Internet and people.

Artificial intelligence and machine learning:
Use AI and ML to provide a more personalized shopping experience, improve the accuracy and relevance of search results, and provide the most suitable match based on user needs. AI, ML techniques can also be used to detect fraud and predict consumer behavior.

WIMI(NASDAQ: WIMI) based on Web 3.0 virtual wearable system can bring more convenience to customers and retailers. Users get a better try-on experience through the system to make the best purchase decision, while retailers can save on physical inventory and storage space costs, and reduce returns. In addition, WIMI holographic virtual wearable system can provide customers with a more personalized shopping experience, thereby improving customer satisfaction and loyalty. And WIMI WIMI Hologram's Web 3.0-based virtual wearable system enables users to better control their data and personal information through the setting of decentralized distributed ledgers, and can purchase products more securely and privately without worrying about data leakage or misuse. Provide more transparency and accountability in online transactions. Reduce incidents of fraud and build more trust between buyers and sellers, improving the online shopping experience and safety.