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ORC, The Dark Horse in OPEN Eco-Layout

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Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.

When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.

As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.

DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.

OPEN – Bring a wider range of assets to DeFi

OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.

Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.

Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.

OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.

Open Swap – Decentralized Exchange

Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.

Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself.  Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.

Open Lend – Hybrid Lending Market

Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.

This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.

Open Stable – Asset Protocol Aggregation Platform

Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.

OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.

And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.

Open Link Oracle

OpenLink is the first distributed oracle on OC.

It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.

Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve OCs interoperability with other blockchains to expand the Open financial ecosystem?

ORC – An ultimate solution to blockchain interoperability.

Open Reactor

Open Reactor – Cross-chain protocol

Open Reactor (ORC) is the first decentralized cross-chain solution on OC system and also the exclusive cross-chain protocol in OPEN system. It serves as a window for financial data and value exchange with external blockchains.

The core mechanism of ORC cross-chain solution is OrcVM, through which users can use BTC and ETH to generate OBTC and OETH on OnlyChain at 1:1 if asset security is guaranteed. Owing to the high-performance blockchain network of OC, users enjoy extremely low handling fees and high transaction speed.

ORC also allows users to transfer digital assets from OC system to other blockchain networks so that on-chain assets can be freely flowed, interacted and aggregated between different blockchains, thus bringing the entire cryptocurrency market back to its root.

The ORC cross-chain solution can be applied to any sub-application in OPEN system. That’s to say, in the years to come, ORC will be the exclusive channel for OPEN sub-protocol to expand its use scope and interact with other public chains. Its importance is beyond any doubt!

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

ORC Value Analysis 

  1. Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.

OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.

  • Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.

Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.

  • Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.

ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.

  • Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

  • Push ahead with the rapid establishment of global financial integration or regional economic integration.

Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.

Conclusion

If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.”  Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”

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https://www.openfin.network/#/

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Press Release

YUANHE Showcases Comprehensive Robotic Welding Automation Capabilities for Global Manufacturers

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Integrated robotic welding systems, precision positioners, and turnkey automation solutions support manufacturers across automotive, steel structure, shipbuilding, and heavy equipment sectors worldwide.

Tianjin, China, 18th Jun 2026 – Tianjin Yuanhe Industrial Machinery Co., Ltd. (YUANHE), a specialized engineering company focused on industrial robotics and welding automation systems, today highlighted its comprehensive capabilities in intelligent welding automation and robotic production line integration. With a complete engineering ecosystem spanning R&D, manufacturing, commissioning, and global after-sales support, YUANHE is helping manufacturers improve productivity, welding quality, and operational efficiency through advanced automation technologies.

Headquartered in Tianjin, China, YUANHE provides integrated robotic welding solutions, multi-axis welding positioners, and customized automation production lines for customers across Asia, Europe, the Middle East, and Oceania. The company combines strong engineering expertise with extensive project implementation experience to support manufacturers seeking digital transformation and intelligent production upgrades.

Standardized engineering processes, precision manufacturing capabilities, and a highly experienced technical team enable YUANHE to deliver reliable automation systems tailored to a wide range of industrial applications.

Core Capabilities and Engineering Strength

YUANHE operates an approximately 10,000-square-meter industrial manufacturing and engineering base in Tianjin, equipped with:

  • Research and Development Center
  • Equipment Assembly Workshop
  • Load Testing Laboratory
  • Customer Factory Acceptance Test (FAT) Area
  • After-Sales Service Center

The facility supports an annual production capacity of 180–240 robotic welding workstation systems. Before shipment, every system undergoes a 72-hour continuous load test using actual workpieces to ensure performance stability and operational reliability.

The company employs approximately 50 professionals, including 24 core technical engineers specializing in mechanical design, electrical control systems, robot programming, field commissioning, and industrial automation integration. More than 92% of employees hold bachelor’s degrees or higher qualifications, with many possessing over a decade of industry experience.

Technical Advantages of Integrated Welding Automation

1.Robotic Welding Systems

YUANHE designs and integrates complete robotic welding solutions, including:

  • Industrial robot integration projects
  • Automated welding workstations
  • Turnkey robotic production lines
  • Customized intelligent manufacturing systems

These solutions are engineered to help manufacturers improve weld consistency, reduce labor dependency, and increase production throughput.

2.Multi-Axis Welding Positioner Systems

A key component of YUANHE’s automation expertise lies in its welding positioner technology.

Single-Axis Positioners
Designed for light- to medium-duty workpieces, offering horizontal rotation or vertical tilting functions to improve welding accessibility.
Dual-Axis Positioners
Combining horizontal rotation and vertical tilting movements, these systems enable multi-angle welding and improved weld quality for complex structures.
Three-Axis Positioners
Featuring multi-directional rotational capabilities, these positioners support highly complex welding applications requiring extensive accessibility and flexibility.
Customized Multi-Axis Systems
Tailor-made configurations can be developed according to customer requirements, including specific structural layouts, payload capacities, and production processes.

YUANHE’s engineering philosophy emphasizes that optimized axis configuration directly determines welding accessibility, production efficiency, and final weld quality.

3.Auxiliary Automation Systems

To support complete manufacturing solutions, YUANHE also provides:

  • Robot travel rail systems
  • Multi-axis motion structures
  • Welding fume extraction systems
  • Specialized tooling and fixture systems

These auxiliary systems can be integrated into turnkey production lines to maximize automation effectiveness.

Key Competitive Advantages

YUANHE’s automation solutions are built around coordinated robot-and-positioner control technology that enables:

  • Repeatable positioning accuracy of ±0.1 mm
  • Continuous multi-surface welding operations
  • Improved welding accessibility
  • Reduced manual intervention
  • Higher production efficiency and consistency

By synchronizing robotic welding systems with precision positioners, manufacturers can achieve stable production performance while minimizing quality variation.

Global Project Experience
YUANHE’s automation systems have been deployed across multiple international markets, including:

  • China
  • Vietnam
  • Thailand
  • France
  • Australia
  • Middle East countries

One of the company’s benchmark projects involved the integration of 32 industrial robots and 21 welding positioners within a large-scale electric vehicle manufacturing program.

Project highlights include:

  • 24 months of continuous full-load operation
  • More than 120,000 welded structural components produced
  • Zero major production stoppages related to automation equipment

The project demonstrates YUANHE’s capability to execute large-scale industrial automation programs and maintain long-term operational reliability in demanding production environments.

Industry Applications

YUANHE’s automation technologies serve a broad range of manufacturing sectors, including:

  • Automotive manufacturing
  • Electric two- and three-wheel vehicle production
  • Construction and engineering machinery
  • Steel structure fabrication
  • Shipbuilding and marine engineering

The flexibility of the company’s robotic welding systems allows adaptation to different production volumes, product types, and manufacturing environments.

Management Statement
“Manufacturing industries around the world are facing increasing pressure to improve productivity while maintaining consistent product quality,” said a representative of Tianjin Yuanhe Industrial Machinery Co., Ltd.
“Through the integration of industrial robots, precision welding positioners, and intelligent automation systems, YUANHE helps customers build more efficient, reliable, and competitive manufacturing operations. Our goal is not only to provide equipment, but also to deliver complete engineering solutions that support long-term industrial development.”

Strategic Positioning and Future Vision

YUANHE positions itself as an industrial robotics and welding automation engineering company dedicated to advancing intelligent manufacturing worldwide.

Looking ahead, the company will continue investing in:

  • Advanced robotic welding technologies
  • Intelligent manufacturing systems
  • Automation engineering innovation
  • Global service network expansion
  • Industry-specific customized solutions

By combining engineering expertise with practical industrial experience, YUANHE aims to support the next generation of smart manufacturing transformation across global markets.

About Tianjin Yuanhe Industrial Machinery Co., Ltd.

Founded in China and headquartered in Tianjin, Tianjin Yuanhe Industrial Machinery Co., Ltd. (YUANHE) specializes in robotic welding automation systems, welding positioners, and intelligent manufacturing solutions.

The company operates a fully integrated engineering platform covering research and development, manufacturing, testing, project implementation, and after-sales support. Its solutions have been successfully deployed across automotive, steel structure, shipbuilding, engineering machinery, and other industrial sectors in China and international markets.

YUANHE’s mission is to promote intelligent manufacturing upgrades worldwide through reliable automation technologies and professional engineering services.

Media Contact

Organization: Tianjin Yuanhe Industrial Machinery Co., Ltd. (YUANHE)

Contact Person: Yidan

Website: http://www.yuanhegroup.com/

Email: Send Email

Contact Number: +8619922632387

City: Tianjin

Country:China

Release id:46235

The post YUANHE Showcases Comprehensive Robotic Welding Automation Capabilities for Global Manufacturers appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Generating Long-Term Growth Randy Owens’ Newly Released Book is a Highly Valuable Financial Blueprint for Trades Professionals

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United States, 18th Jun 2026 – Renowned business strategist and seasoned accountant Randy Owens has released his book, The Cash Flow Conduit: How to Make Your Business Permanently Profitable. This profit-centered approach to running a business is designed to help trades professionals achieve complete financial freedom through strategic decision-making. It offers a range of financial tools and actionable strategies to drive sustainable, long-term growth

.

The Cash Flow Conduit is a comprehensive book that addresses the challenges faced by the trades sector, including construction, HVAC, plumbing, electrical work, and more. Shedding light on the operational patterns unique to these industries, the author offers financial strategies grounded in decades of experience. Rather than technical jargon, this reliable financial guide introduces a strategic operational system that focuses on planning discipline, long-term profitability, cash allocation, cost control, and more. 

According to the author, trades entrepreneurs must master their craft with little time to learn complex financial systems, which is why contractors and trade companies often fail to build long-term financial security, even when they are generating revenue. Ultimately, the new book equips trades professionals with the knowledge to control their cash flow and build wealth without compromising their quality of life.

Randy Owens is an accountant and profit advisor with more than 25 years in the financial services industry. He is committed to helping small businesses and trades professionals manage their finances effectively. Randy is the founder of Financial Connections, a firm that has helped thousands of Americans grow and protect their wealth. Specializing in tax strategy for small businesses and entrepreneurs, Randy’s team prepares more than 1,400 tax returns annually.

After many years of working directly with skilled professionals in the trades arena, Randy has gained insight into what truly works and how trades professionals can thrive financially in today’s economy. His new book distills his expertise and techniques into an approachable framework to help people succeed. Randy Owens is available for interviews. 

Title: The Cash Flow Conduit: How to Make Your Business Permanently Profitable                               

Author: Randy Owens 

Contact: Michael DeLon

Company:   Paperback Expert

Email: press@PaperbackExpert.com 

Phone Number:   (501) 404-8690

About Randy Owens: https://www.fincontax.com/about

Availability: Amazon.com

Book Preview:  https://www.amazon.com/dp/B0H2NXS32J

Media Contact

Organization: Paperback Expert

Contact Person: Michael DeLon

Website: https://paperbackexpert.com/

Email: Send Email

Contact Number: +15014048690

Country:United States

Release id:46234

The post Generating Long-Term Growth Randy Owens’ Newly Released Book is a Highly Valuable Financial Blueprint for Trades Professionals appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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From Oslo to Washington: Austin Glenn Smith on How a Life Across Continents Shaped a Disciplined Approach to Investing

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The financial consultant’s upbringing across Norway, the United States, Germany, Scotland, and Australia underpins a global, long-horizon view of markets

United States, 18th Jun 2026 — Long before he managed institutional portfolios, Austin Glenn Smith, Ph.D., was learning to read the world. Born in Oslo, Norway, in 1958 to a Norwegian father and a New Zealand–born mother, Smith spent his formative years moving across continents, an upbringing he says taught him the single discipline that would define his career in finance: perspective.

Smith’s family relocated to the United States when he was six. At sixteen, he left for Hamburg, Germany, where he studied for six years. He went on to earn a Master’s degree from Robert Gordon University in Aberdeen, Scotland, and later a Ph.D. in Australia, an academic path spanning four countries and as many cultures.

“Growing up across four countries teaches you that no single market, and no single moment, tells the whole story,” said Smith. “Perspective is the most undervalued asset in finance.”

That globally formed outlook became the foundation of a 30-year career in institutional investment. After entering finance in the early 1990s, working for a time alongside renowned author and investor Robert Kiyosaki, Smith held senior fund and portfolio management roles with the Vanguard Management Group and Expert Edge Investments, with work that carried him repeatedly between the United States and Canada.

Where some investors anchor to a single home market, Smith built a practice of weighing decisions against a wider field of view, across regions, currencies, and economic cycles. He argues that the discipline of seeing beyond one’s immediate vantage point is exactly what protects long-term capital.

“Markets are local in their noise and global in their lessons,” he said. “The investor who can hold both views at once is far harder to surprise.”

In 2020, after decades of trans-continental travel, Smith settled in Washington. In 2026 he transitioned from full-time fund management to private financial consulting, advising a select group of clients across the United States and Canada. He says his international background is not a biographical footnote but a working method, one he now brings to individuals and families planning for the long term.

“Every place I lived added a lens,” Smith said. “Clients don’t just get my opinion; they get decades of watching how markets behave in very different worlds.”

More information is available at austinglennsmith.com

About Austin Glenn Smith

Austin Glenn Smith, Ph.D., is a financial consultant and former senior fund and portfolio manager with more than 30 years of experience in institutional investment and portfolio strategy. Born in Oslo, Norway, and educated across the United States, Germany, Scotland, and Australia, he held senior roles with the Vanguard Management Group and Expert Edge Investments before transitioning, in 2026, to private financial consulting. He advises a select group of clients across the United States and Canada on portfolio strategy, retirement, and wealth planning. Learn more at austinglennsmith.com.

Media Contact

Organization: Austin Glenn Smith

Contact Person: Austin Glenn Smith

Website: https://austinglennsmith.com/

Email: Send Email

Country:United States

Release id:46228

The post From Oslo to Washington: Austin Glenn Smith on How a Life Across Continents Shaped a Disciplined Approach to Investing appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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