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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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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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Leading the Green Revolution: How Experienced Artificial Grass Installers at ForeverLawn Northern Ohio are Transforming Landscapes in the Region

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Hinckley, Ohio – ForeverLawn Northern Ohio, a leader in artificial grass solutions in Northern Ohio, continues to enhance outdoor spaces with its precision-designed artificial turf. Known for its innovative approach to lawn care, the company tailors each installation to the specific requirements of its clients, ensuring every turf installation is perfectly suited to its intended use.

Its commitment to specialization is at the heart of ForeverLawn Northern Ohio’s success.
Unlike many providers who offer a one-size-fits-all solution, ForeverLawn Northern Ohio has developed a range of turfs that are each designed for different situations. Whether it’s durable turf for pet areas or lush, soft grass for play areas, each product is crafted with the utmost care and precision.

The company’s flagship product, the ForeverLawn Northern Ohio K9 turf Cleveland, is specifically designed for pet owners. This turf looks natural and is built to withstand the wear and tear of playful pets while ensuring easy maintenance for homeowners. By addressing pet owners’ unique challenges, ForeverLawn Northern Ohio has become a go-to source for fake turf for dogs in Cleveland.

Furthermore, ForeverLawn Northern Ohio enhances its offerings with specialized products such as the ForeverLawn Northern Ohio fake grass for dogs in Cleveland. This tailored solution underscores the company’s expertise in creating pet-friendly environments that are safe, hygienic, and aesthetically pleasing. The innovative design of this specific turf ensures that it remains odor-free and hygienic, even with frequent use by pets.

Each project undertaken by ForeverLawn Northern Ohio showcases the company’s commitment to quality and innovation. The diverse range of turfs allows the company to meet distinct client needs, from residential gardens to commercial landscapes. This bespoke approach ensures optimal functionality while enhancing the aesthetic appeal of any space.

ForeverLawn Northern Ohio stands out with its commitment to specialty and sustainability. The turfs are engineered to be environmentally friendly and safe for all users, including pets. This focus on ecological responsibility is part of ForeverLawn Northern Ohio’s broader commitment to sustainability and innovation.

The company’s expertise also extends to its installation process. By using advanced techniques and high-quality materials, they ensure that each installation is performed with precision. This meticulous attention to detail not only prolongs the life of the turf but also minimizes maintenance requirements, providing a cost-effective solution for their clients.

For over 30 years, ForeverLawn Northern Ohio has been an industry leader and a committed local business. Their approach to artificial turf installation reflects a deep understanding of the local climate and customer needs in Northern Ohio. All projects are handled by their in-house team – no subcontractors are involved, which allows for consistent quality and accountability.

About ForeverLawn Northern Ohio

ForeverLawn Northern Ohio is dedicated to providing innovative and high-quality artificial grass solutions. With over three decades of experience, the company specializes in creating custom turf installations that meet the specific needs of its clients. Based in Hinckley, Ohio, and employing a team of dedicated professionals, ForeverLawn Northern Ohio offers a range of artificial turf products designed for various applications, ensuring high performance and customer satisfaction.

Media Contact

Name
ForeverLawn Northern Ohio
Contact name
Steve Sochacki
Contact phone
440-866-4585
Contact address
2714 Warner Rd
City
Hinckley
State
Ohio
Zip
44233
Country
United States
Url
https://www.foreverlawnnohio.com/

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New Addition at Bridgeway Senior Healthcare Avalon at Hillsborough Campus Features Expanded Memory Care

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Bridgewater, New Jersey – Bridgeway Senior Healthcare is celebrating the opening of the new addition at its Avalon at Hillsborough assisted living residence in Hillsborough, New Jersey. With the completion of the new addition, Memory Care at the community has doubled its capacity, adding significant common space and an outdoor terrace, private dining room and lounge. The assisted living residence has expanded to include luxurious one- and two-bedroom apartments, spacious sitting areas, bistro, and a large state-of-the art therapy gym – all beautifully appointed in a warm and inviting, yet functional way.

An entire floor is devoted to its Generations Village and will help the community meet the ever growing demand for memory care services. According to the Alzheimer’s Association: “6.7 million Americans are living with Alzheimer’s disease. By 2050, this number is projected to rise to nearly 13 million.”

Enhanced safety, training and amenities create a haven of dignity and support focused on caring for individuals with Alzheimer’s, dementia and other memory impairments. “Our philosophy fuels us with the passion to care for the whole person – psychosocially, emotionally and spiritually – family and friends included. We recognize that all are impacted when a loved one has dementia or another memory-related diagnosis,” said Jessica Pelligrino Tsoukalas, Executive Vice President at Bridgeway Senior Healthcare.

Senior living healthcare professionals are invited to an open house on Thursday, May 16 from 4 to 7 p.m. to celebrate the new addition at the Avalon Hillsborough campus, located at 393 Amwell Road, Hillsborough, New Jersey 08844. Tours of the luxurious and thoughtfully designed new addition will be given. RSVP to (908) 904-6122.

Individuals who would like a tour, information or to save a spot at Avalon Hillsborough, may call (908) 874-7200 or contact the community via www.bshcare.com/contact.

To learn more about the benefits of Memory Care at Bridgeway Senior Healthcare’s Avalon Assisted Living Generations Village, visit www.bshcare.com/memory-care-2.

About Bridgeway Senior Healthcare

Family owned and operated, Bridgeway Senior Healthcare has been a respected leader in the senior living healthcare community since 1981. Its mission is to care for people like family in communities that feel like home. Bridgeway’s award-winning family of senior-focused companies, including the Bridgeway Care and Rehabilitation Centers, The Avalon Assisted Living Residences and Bridgeway Care at Home, provide a comprehensive Continuum of Care that sets the standard for improving the quality of life for seniors.

Media Contact

Name
Avalon Assisted Living at Hillsborough
Contact name
Jessica Pelligrino
Contact phone
(908) 874-7200
Contact address
393 Amwell Rd
City
Hillsborough Township
State
NJ
Zip
08844
Country
United States
Url
https://www.bshcare.com/

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Alta Pest Control Provides Complimentary Attic Inspections in Charlotte, NC

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Charlotte, NC – Alta Pest Control, a provider of pest management services, is dedicated to offering complimentary attic inspections to the residents of Charlotte, NC. This ongoing initiative supports homeowners in promptly identifying potential pest threats, crucial for maintaining the structural integrity of homes and ensuring health safety.

In Charlotte, NC, Alta Pest Control conducts these essential inspections, carefully checking attics for signs of pests such as droppings, nesting materials, and entry points. This proactive service is a fundamental part of maintaining a pest-free environment in Charlotte homes. Each inspection is carried out by technicians who focus on detecting and assessing areas prone to pest activity. This early detection is key to preventing infestations and managing pest issues effectively before they can cause significant damage.

“By persistently offering complimentary attic inspections, we demonstrate our unwavering dedication to the Charlotte community,” stated Faith Rock, serving as the spokesperson for Alta Pest Control. “Understanding the critical significance of early pest detection, our mission is to equip residents with the essential resources to uphold the safety and well-being of their homes. We stand ready to support homeowners in their efforts to maintain pest-free environments, fostering peace of mind and ensuring the longevity of their properties.”

Alta Pest Control stands firm in its dedication to assisting the Charlotte community through these indispensable inspections, essential elements of the company’s comprehensive pest management approach. Residents keen on benefiting from this complimentary service are urged to reach out to Alta Pest Control and schedule their inspection by visiting https://www.altapestcontrol.com/locations/pest-control-charlotte-nc.

About Alta Pest Control

Alta Pest Control, headquartered in Austin, Texas, is a family-owned business dedicated to providing comprehensive pest control services for residential and commercial properties across the state since 2013. Renowned for excellence, Alta has earned recognition from institutions like the BBB, Inc 5000, PCT, and Quality Pro, and actively participates in industry associations like the National Pest Management Association and the Greater Dallas Pest Control Association. Committed to eco-friendly practices, Alta ensures all treatments are safe for families and pets. Known for efficient service and quick response times, Alta prioritizes customer satisfaction, delivering effective pest solutions.

Alta Pest Control is located at 1018 East Blvd Unit 3, Office 6, Charlotte, NC 28203.

Media Contact

Name
Alta Pest Control
Contact name
Faith Rock
Contact phone
307-209-0956
Contact address
1018 East Blvd Unit 3, Office 6
City
Charlotte
State
North Carolina
Zip
28203
Country
United States
Url
https://www.altapestcontrol.com/

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