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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.”

About us

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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Press Release

Centar Klima Prepares Homes and Businesses for Summer 2026 with Reliable Air Conditioning Solutions

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Zagreb-based air conditioning company offers sales, expert guidance, installation, maintenance, and servicing for residential and commercial customers.

Zagreb, Zagreb, Croatia (Hrvatska), 19th Jun 2026 – As summer temperatures continue to rise, Centar Klima is preparing homeowners, apartment owners, offices, and businesses across Croatia with a wide selection of air conditioning solutions for the 2026 cooling season.

Centar Klima offers air conditioning units from well-known global brands, including Bosch, Daikin, LG, Mitsubishi Electric, Samsung, Toshiba, and Vivax. With a range of models, capacities, and price points available, customers can find a suitable system based on the size of their space, cooling and heating requirements, energy efficiency expectations, and budget.

In addition to selling air conditioning units, Centar Klima provides professional guidance, installation, maintenance, repair, and servicing. The company’s goal is to make the entire process easier for customers, from choosing the right unit to ensuring proper installation and long-term performance.

Choosing the Right Air Conditioner Can Improve Comfort and Reduce Energy Use

Selecting an air conditioning unit should not be based on price alone. The size of the room, insulation quality, layout, sun exposure, number of occupants, and intended use all play an important role in determining the most suitable system.

An undersized air conditioner may need to operate continuously to reach the desired temperature, while an oversized unit may increase the initial investment and reduce comfort due to frequent cycling.

“Customers often contact us because they are unsure which air conditioning unit is the right choice for their home, apartment, or office. Our goal is to recommend a solution that provides reliable cooling, efficient energy use, quiet operation, and long-term value,” said Ivan at Centar Klima.

Modern inverter air conditioners automatically adjust compressor operation according to the needs of the room. This allows them to maintain a more stable temperature, reduce unnecessary energy consumption, and deliver more comfortable performance compared to older, conventional systems.

Many modern units are also suitable for more than just cooling. Thanks to heating functionality, air conditioners can be used during transitional seasons and, in some spaces, as an additional heating source during colder months.

Air Conditioning Solutions for Different Types of Spaces

Centar Klima offers air conditioning systems suitable for bedrooms, children’s rooms, apartments, home offices, living rooms, rental properties, and larger commercial spaces.

Customers looking for a practical and cost-effective solution can choose from reliable entry-level inverter models, while more advanced units may include features such as Wi-Fi control, improved filtration, quiet operation, advanced airflow control, and higher energy efficiency.

When choosing an air conditioner, customers should consider:

  • The recommended room size
  • Cooling and heating capacity
  • Energy efficiency rating
  • Indoor unit noise level
  • Wi-Fi control options
  • Warranty terms
  • Installation requirements
  • Maintenance and servicing availability

Professional advice before purchase helps reduce the risk of choosing a unit that is not properly matched to the space or the customer’s expectations.

Regular Maintenance Supports Better Performance and Cleaner Air

Along with proper selection and professional installation, regular maintenance is essential for keeping an air conditioning system efficient, hygienic, and reliable.

Over time, dust and other particles can accumulate on filters, the evaporator, and other internal components. A poorly maintained unit may cool less effectively, consume more energy, produce unpleasant odors, or affect indoor air quality.

A standard service usually includes inspection of the unit’s operation, cleaning of the indoor and outdoor units, checking the condensate drain, and reviewing key system performance parameters.

Centar Klima recommends servicing air conditioners at least once per year, ideally before the start of the main cooling season. In spaces where air conditioners are used daily, such as offices, apartments, rental properties, and hospitality facilities, more frequent maintenance may be recommended.

Early Preparation Before Peak Summer Demand

During the hottest weeks of summer, demand for air conditioning units, installation, and servicing can increase significantly. For this reason, Centar Klima encourages customers to plan their purchase, installation, or annual maintenance before the first major heatwave.

Early preparation gives customers more time to compare models, receive expert advice, schedule installation, and make a confident decision without the pressure of peak-season demand.

Customers can view available air conditioning units and learn more about Centar Klima’s services at centarklima.com. For advice, installation, repairs, or servicing, customers can contact the Centar Klima team directly.

About Centar Klima

Centar Klima is a Zagreb-based air conditioning company specializing in the sale, installation, repair, maintenance, and servicing of air conditioning units. Operating as part of Smart Switch d.o.o., the company has more than ten years of experience helping residential and commercial customers choose and maintain reliable climate control solutions.

Centar Klima offers air conditioning units from leading global manufacturers and provides professional support for different types of homes, apartments, offices, and business spaces.

Website: https://centarklima.com/ 

 

Media Contact

Organization: Centar Klima

Contact Person: Ivan Juric

Website: https://centarklima.com/

Email: Send Email

Contact Number: +385955444123

Address:Bozidara Magovca 39

City: Zagreb

State: Zagreb

Country:Croatia (Hrvatska)

Release id:46260

The post Centar Klima Prepares Homes and Businesses for Summer 2026 with Reliable Air Conditioning Solutions 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

Stratosphere, Pudgy Penguins and Streamex Host Founders Table VIP Dinner During ETHConf 2026 and NYC Tech Week

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New York, United States, June 18th, 2026, Chainwire

Stratosphere, Pudgy Penguins and Streamex hosted a private Founders Table VIP Dinner in New York City during ETHConf 2026 and NYC Tech Week, bringing together leaders across digital assets, tech, AI, traditional finance and institutional capital.

The invite-only dinner took place on June 9th and gathered a curated room of founders, operators, funds, C-level executives and institutional leaders for an intimate evening of dinner and conversation.

Guests in attendance included leaders from Citi, BitMine, BitGo, Mirae Asset Securities USA, Experian, Pyth Network, Space and Time, MegaETH, B3, Stable, Antler, Delphi Digital, Fun, Linera, Vanta Trading, Streamex, PolyData, Horizen Labs, World Foundation, Zipcode, OpenLedger, Onyx, Definitive, Notalone Ventures and more.

The Founders Table format is intentionally simple: a selected guest list, a private room and no stage agenda. The goal is to bring the right people together in a setting where conversations can happen naturally.

The dinner was hosted by Stratosphere with Pudgy Penguins and Streamex. Stratosphere brought its network across founders, operators, investors and institutional teams. Pudgy Penguins added one of the strongest consumer brands and communities in digital assets. Streamex brought the institutional and real-world asset side of the conversation, with its focus on tokenized gold and commodity markets.

The Stratosphere team and its CEO, Hassan Shaikh, have continued to build Founders Table into a private dinner series around major industry conferences. After previous editions during Digital Asset Summit and Consensus, the New York dinner continued the same idea: high-quality rooms, selected attendance and conversations that are hard to recreate on a conference floor.For Stratosphere, the dinner reinforces the company’s position as an ecosystem partner for leading brands across tech, finance and digital assets. Established projects work with Stratosphere to deepen cultural relevance, strengthen market narratives and connect with founders, investors, institutions and operators across the industry.

“I’m optimistic about the next phase of digital assets, especially around the tokenization of commodities,” said Hassan Shaikh, CEO of Stratosphere. “These dinners give us a way to bring funds, institutions, and founders into the same room to talk about where the market is heading.”

The Founders Table series is expected to continue around major global conferences throughout the year, with future editions focused on bringing together founders, capital, institutions and leading brands in private, relationship-driven rooms.

For those interested in attending or getting involved in future Founders Table editions, reach out to the Stratosphere team.

About Stratosphere

Stratosphere is an ecosystem partner and growth consultancy for industry leaders in tech and finance, building the narratives, ecosystem partnerships, and distribution flywheels that create sustainable, repeatable growth.

Website: www.stratosphere.vip

X: @StratosphereVIP

Contact

Yaroslav Provada
max@movimentum.io

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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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Press Release

First Block, Onpharma Company, and Crito Capital Announce First Solana Sto for U.S. Medical Device Business

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London, United Kingdom, June 17th, 2026, Chainwire

Landmark transaction brings real operating company equity to Solana-based tokenised capital formation  

First Block deploys next-generation digital securities architecture for real- world operating business 

Onpharma’s medical device technology for dentistry brings recurring revenue, high gross margins and a significant market opportunity to a tokenised capital raise 

This offering is available for investment at sto.onpharma.com  

First Block, Inc., a digital securities and tokenisation infrastructure company, together with Onpharma Company (Delaware) and UK-based Crito Capital LLP, today announce the launch of what is believed to be the first Solana-based Security Token Offering (“STO”) for an established U.S. operating business, a structural turning point in the modernisation of global private markets. 

The Tokenisation Framework 

The STO deploys Solana blockchain infrastructure combining atomic settlement technology, programmable ownership architecture, and digital distribution capabilities, structured within existing U.S. securities law. Where traditional private markets have struggled with fragmented, multi-intermediary processes, the tokenised framework enables issuance, settlement, and cross-border distribution to qualified investors quickly, transparently, and at low cost. Secondary transactions occur on-chain across compatible wallets subject to KYC controls, delivering near-instantaneous settlement, secondary trading liquidity, and international accessibility under Regulation S and other applicable frameworks. 

The STO Structure 

A Security Token Offering represents and transfers ownership rights in a company’s common stock via blockchain-based digital tokens rather than traditional share registers. The Onpharma STO is structured as a Regulation S offshore issuance to non-U.S. investors, combining the legal certainty of an exempt securities offering with the operational efficiency of Solana infrastructure, settling and distributing at speed and cost traditional private markets cannot match. 

Onpharma: The Investment Case 

Onpharma occupies a distinctive position in global dental technology. Its Onset EZ local anaesthetic buffering product is already used to buffer millions of dental injections annually, addressing the slow, uncomfortable, and unreliable performance of dental local anaesthetic that has remained largely unsolved for decades. The Onset EZ Pen requires no assembly or specialist training, integrating directly into existing workflows for an improved patient experience. 

Onpharma sits at a post-validation, pre-scale inflection point: infrastructure, supply chain, regulatory compliance, and initial commercialisation are complete, while the growth phase is beginning. Septodont’s February 2025 market entry has validated anaesthetic buffering as an emerging standard of care, reducing category risk and increasing awareness. The disposable Onset EZ Pen provides operational leverage through scalable direct marketing, customer conversion, and repeat consumable revenue. The global dental anaesthesia buffering market is valued at $2bn and projected to reach $2.65bn by 2030. Capital raised will extend field sales and expand direct selling via the company’s recently deployed AI marketing tools. 

The Infrastructure 

First Block’s digital securities architecture underpins the transaction from issuance and compliance through to Solana-based settlement and distribution, compressing conventional private placement infrastructure, fragmented custodial arrangements, manual processing, multi-intermediary chains, into a single programmable, blockchain-enabled system built for the scale, speed, and wallet-level accessibility international investors increasingly require. Crito Capital LLP, an FCA-authorised investment banking and advisory platform focused on institutional capital formation, is providing structuring and advisory for the offering. 

“This is larger than a traditional financing,” said Daniel P. Cannon, CEO of First Block. “We believe this transaction represents the beginning of the convergence between capital markets and Solana-based securities infrastructure. The STO itself is the story, but it starts with a real operating company, a real product, and exceptional revenue growth potential.” 

“Onpharma has spent years building a real operating business around a simple clinical objective: making local anaesthetic better for dentists and patients,” said Matt Stepovich, Onpharma’s CEO. “This offering allows us to present a validated, revenue-generating medical device platform to a wider base of qualified international investors via a structure that reflects how capital markets are evolving. Combining Onpharma’s real-world commercial traction with First Block’s Solana-based securities infrastructure is an important step in making growth capital formation more efficient, accessible and transparent.” 

Additional details regarding offering structure and participation frameworks are available on the landing page for the STO offering linked here – sto.onpharma.com 

About First Block Inc.

First Block Inc. is a blockchain infrastructure and digital securities company focused on compliant tokenisation, STOs, real-world-asset digitisation and Solana-based settlement architecture for global markets.  

About Onpharma Company

Onpharma Company develops dental technologies focused on improving local anaesthetic in dentistry.  Its Onset EZ Pen buffering platform improves anaesthetic reliability, accelerates onset time, and makes the dental anaesthetic injection more comfortable.  

About Crito Capital LLP

Crito Capital LLP is a UK-based investment banking and advisory firm authorised and regulated in the UK, focused on institutional capital markets, strategic advisory, and emerging fintech. 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, without limitation, statements regarding Onpharma Company’s (the “Company”) business strategy, anticipated growth, market opportunity, product development, commercialization efforts, expected revenues, financing plans, digital asset initiatives, tokenization initiatives, regulatory matters, and future operations. These statements are based on current expectations, estimates, assumptions, and projections that involve significant risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those expressed or implied by the forward-looking statements due to a variety of factors, including, without limitation, market conditions, regulatory developments, financing availability, competition, technological developments, product adoption, operational execution, and other risks and uncertainties. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law. 

This press release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offering of securities referenced herein will be made solely pursuant to definitive offering documents and in compliance with applicable securities laws and regulations. The offering referenced herein is intended solely for non-U.S. persons in offshore transactions pursuant to Regulation S under the Securities Act and is not directed to, or intended for, U.S. persons or investors located in the United States. 

Contact

Mr
Richard Morgan Evans
Sapience Communications
rmorganevans@sapiencecomms.co.uk

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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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