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ORC, The Dark Horse in OPEN Eco-Layout

Published

5 years ago

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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 OC’s 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.”

About us

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

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Qtum Launches Comprehensive AI Infrastructure Stack with Text-to-Video and Unified AI Access

Published

8 hours ago

on

June 4, 2026

By

A long‑running Bitcoin‑based smart contract platform evolves into a modern AI and compute ecosystem

Singapore, June 4th, 2026, Qtum Foundation- Qtum today announced the expansion of its ecosystem with Qtum.ai, a text‑to‑video generation platform, and the upcoming Qtum AI Router, a unified inference layer designed to provide efficient access to multiple AI models. Together, these services position Qtum as a blockchain‑supported AI infrastructure network built on a stable, long‑running Proof‑of‑Stake blockchain that has operated continuously since 2017.

Qtum’s approach combines its Bitcoin‑based UTXO architecture, EVM‑compatible smart contracts, and a reliable, production‑ready blockchain with modern AI tooling, GPU compute, and creator‑focused workflows. The result is an ecosystem that spans blockchain infrastructure, decentralized compute, and AI generation tools under a single brand.

Qtum.ai: Text‑to‑Video for Creators and Developers

Qtum.ai provides cinematic text‑to‑video generation using models such as Seedance 1.0, 1.5, and 2.0 and HappyHorse. The platform is designed for creators, developers, and businesses seeking high‑quality AI video without subscription barriers.

Key characteristics include:

    • No credit card required
    • No recurring subscription
    • No token packs or prepaid bundles
    • Pay‑as‑you‑go usage
    • No data harvesting or model training on user content
    • No cookies, tracking pixels, or ad‑retargeting
    • Authentication via MetaMask Snap or Google login
    • 500 Free tokens

This model removes common friction points in AI services, including subscription lock‑in, credit‑card anxiety, and persistent marketing emails. Users can generate videos without entering financial information or committing to monthly plans. 

Qtum AI Router: A Unified Inference Layer

Beta Launching will be the Qtum AI Router to provide a unified API for routing requests across multiple AI models. Similar in concept to OpenRouter, the service will support:

  • AI model routing
  • Multi‑model inference
  • Distributed GPU compute
  • Low‑latency request handling
  • AI orchestration and workflow integration
  • Agent‑compatible infrastructure

The Router is designed to support developers building AI agents, automation tools, and multi‑model applications. ClawBot users will find this simple to work with.  

A Blockchain With Long‑Term Reliability

Qtum’s blockchain has operated since 2017 with no downtime, offering a stability profile uncommon in the industry. The network combines:

    • Bitcoin‑based UTXO security
    • EVM‑compatible smart contracts
    • Proof‑of‑Stake consensus
    • Enterprise‑grade reliability
    • Consistent uptime across seven years of operation
    • 50 Core updates over 8 years

This reliability is central to Qtum’s positioning as an AI compute network. AI services require predictable, uninterrupted operation — a requirement Qtum’s blockchain has demonstrated over years of production use.

A Unified Ecosystem: Blockchain + AI + Compute

The Qtum ecosystem now spans:

  • Qtum blockchain — a long‑running, stable, Bitcoin‑based smart contract platform
  • Qtum.ai — AI video generation for creators and businesses
  • Qtum AI Router — unified inference routing for multi‑model AI
  • Qtum Ally — a desktop AI agent integrating multiple LLMs
  • GPU infrastructure — powering inference and generation workloads

This positions Qtum as a hybrid blockchain and AI infrastructure network, supporting decentralized compute, creator tools, and useful Web3 applications.

About Qtum

Qtum is a Proof‑of‑Stake blockchain that combines Bitcoin’s UTXO model with Ethereum‑compatible smart contracts. Launched in 2017, Qtum has maintained uninterrupted network operation for over seven years. Today, Qtum is expanding into AI infrastructure, GPU compute, and creator‑focused tooling through Qtum.ai and the Qtum AI Router.

Website: https://qtum.ai 

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Press Release

Snagle Paw Introduces Premium Mobility and Home Safety Solutions for Modern Pet Families

Published

16 hours ago

on

June 4, 2026

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Designed for daily pet care needs, Snagle Paw’s StrideMate Series bring together outdoor mobility and safer indoor management for large, senior, injured, disabled, and multi-dog households.

Sheridan, Wyoming, United States, 4th Jun 2026 – As more pet owners seek practical ways to support aging, injured, or large dogs, mobility and home safety products are becoming increasingly important in modern pet care. Snagle Paw, a premium pet brand serving pet families since 2012, has introduced a focused range of pet mobility and home safety solutions designed around real household needs. 

The product line addresses two common care scenarios: helping dogs continue outdoor routines more comfortably and supporting safer indoor management near doors, stairs, hallways, and other high-risk areas.

Practical Needs in Everyday Pet Care

Many pet owners face challenges when caring for large dogs, senior pets, injured animals, disabled dogs, or households with more than one dog. 

Traditional pet strollers may offer limited space, lower weight capacity, or difficult access for heavier dogs. At home, energetic or curious pets may rush toward doors, stairways, or busy entrances when a reliable barrier is not in place.

Snagle Paw’s latest solutions are designed to support these everyday situations with products that combine mobility, space, safety, and ease of use.

Stroller Wagons Designed for Larger and Mobility-Limited Dogs

Among the brand’s outdoor mobility solutions, the StrideMate Max is a large dog stroller wagon designed for large, senior, injured, and disabled dogs that need more room and easier access than many standard pet strollers provide. 

Its stroller-wagon format offers a more practical option for dogs that may struggle with long walks, recovery outings, or travel.

The StrideMate Pro also serves as a practical dog stroller for large dogs and multi-dog households seeking higher weight capacity and more spacious travel support. 

Both stroller wagons support up to 220 lbs and include a spacious cabin that allows dogs to turn around, sit comfortably, or lie down and rest during outdoor use.

A defining feature of the stroller wagons is the built-in ramp, which allows dogs to walk in and out without being lifted. This design can help reduce strain for senior, injured, or disabled pets while making daily outings more manageable for owners. 

The built-in canopy provides shade from sunlight and protection from light rain, reflecting Snagle Paw’s original approach to combining comfort, protection, and practical pet mobility.

Retractable Metal Gate Supports Safer Home Environments

For indoor safety, the Extra-Tall Metal Retractable Dog Gate is designed to help prevent dogs from rushing out when doors are opened. It is intended for use near front doors, stairs, hallways, apartment corridors, and other areas where pet owners may need a temporary but dependable safety barrier.

The gate’s retractable design allows families to create a boundary when needed and store it neatly when not in use. Its metal construction provides stronger support, greater durability, and a more secure feel compared with many soft mesh or lightweight barriers.

“Snagle Paw was born from real family needs. We wanted to create products that solve everyday problems for pet parents, from helping large or senior dogs get outside more comfortably to preventing energetic dogs from rushing out the door at home. Features like the built-in ramp, 220-lb weight capacity, spacious cabin, protective canopy, retractable design, and durable metal structure reflect our commitment to making pet care safer, easier, and more comfortable,” said a spokesperson for Snagle Paw.

Building on this philosophy, Snagle Paw plans to continue developing pet-care products inspired by real family routines, with an ongoing focus on safety, comfort, flexibility, and everyday usability for pets and their owners. 

Snagle Paw’s R&D team is continuously expanding their portfolio of innovative solutions designed to support senior and injured dogs. Upcoming releases will include dog leg braces, lift harnesses, red light therapy harnesses and pads, as well as PEMF dog beds—further reinforcing our commitment to enhancing canine mobility, comfort, and overall well-being.

Learn more info about Snagle Paw’s official website and social media:

Facebook: https://www.facebook.com/snaglepaw.official/
Instagram: https://www.instagram.com/snaglepaw
YouTube: https://www.youtube.com/@SnaglePaw
TikTok: https://www.tiktok.com/@snaglepaw

About Snagle Paw

Snagle Paw is a premium pet brand created for pet families since 2012. Inspired by real pets and real family needs, the brand develops thoughtfully designed products that help pets enjoy safety, comfort, and freedom at home and on the go. 

With product lines covering dog stroller wagons, retractable dog gates, travel crates, and other pet lifestyle solutions, Snagle Paw is dedicated to helping owners care for their furry companions with greater ease, confidence, and warmth.

Media Contact

Organization: Snagle Paw

Contact Person: Kevin Yan

Website: https://snaglepaw.com/

Email:
info@snaglepaw.com

Contact Number: +13073818630

Address:Snagle International Inc, 30 N Gould St Ste R, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country:United States

Release id:45715

The post Snagle Paw Introduces Premium Mobility and Home Safety Solutions for Modern Pet Families 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

VOKA Receives Bronze at the Telly Awards 2026

Published

17 hours ago

on

June 4, 2026

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Medical visualization company VOKA won a Bronze Award at the 47th Annual Telly Awards for its 3D animation, “Mechanism of Semaglutide: The Science Behind Fat Loss. The award-winning 3D medical animation “Mechanism of Semaglutide” visualizes complex metabolic processes with cinematic precision

New York, United States, June 4, 2026 — VOKA’s video “Mechanism of Semaglutide: The Science Behind Fat Loss” has been awarded Bronze at the 47th Annual Telly Awards in the “General-Healthcare & Medical” category.

The awards honor excellence in video and television production across multiple platforms and are judged by leaders from video platforms, television, streaming networks, and production companies. This year’s winners include Paramount TV, Warner Brothers Discovery, FOX Entertainment, Sony Music, TED, ABC News, and many others.

The recognition highlights VOKA’s work in producing scientifically accurate 3D medical animations that help explain complex biological and therapeutic processes.

About VOKA’s Project

The winning animation, “Mechanism of Semaglutide: The Science Behind Fat Loss,” visualizes how semaglutide regulates metabolism and appetite. The video specifically highlights key biological steps, including POMC/CART activation (triggering the sense of satiety), NPY/AgRP reduction (leading to a decrease in cravings), and vagus nerve interaction to slow gastric emptying.

By explaining these complex scientific concepts through an engaging, clear narrative, the video serves as an ideal tool for medical education, pharmaceutical marketing, and scientific communication.

The award-winning animation can be viewed here: https://youtu.be/zUsf09RrkTM?si=IksqZm4FUCVZlszv

About the Award

Established in 1979, the Telly Awards is a global competition created to honor excellence in television and digital video production. Submissions are evaluated by the Telly Awards Judging Council, a panel of over 250 industry professionals from giants like the BBC, Amazon, and Netflix. Entries are assessed based on creativity, storytelling, and the innovative use of technology across various media platforms.

About VOKA

VOKA is one of the leading providers of high-fidelity medical visualization and immersive technologies, delivering a comprehensive suite of 3D medical and scientific animation services for the pharmaceutical, life sciences, and medical education sectors. The company specializes in tailored 3D animations across diverse therapeutic fields — including cardiology, dermatology, oncology, and urology — as well as high-precision depictions of Mechanisms of Action (MoA), Mechanisms of Disease (MoD), medical devices, and surgical procedures.

To bridge the gap between complex science and engaging storytelling, VOKA combines the expertise of an in-house medical team with professional 3D artists and motion designers, ensuring cinematic-quality visuals that maintain the highest scientific accuracy and regulatory compliance. Beyond animation production, VOKA develops interactive 3D anatomy and pathology models and extended reality (XR) experiences to elevate clinical training and medical communication worldwide.

Contact Info:

Name: Maryia Shchakovich
Email: info@voka.io
Organization: VOKA
Website: https://voka.io/

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