Connect with us

Press Release

ORC, The Dark Horse in OPEN Eco-Layout

Published

on

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/#/

About Author

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.

Continue Reading

Press Release

Steven Lash San Diego: Patent Holder and Thought Leader Champions Business Model Innovation and Sustainability at Industry Forums

Published

on

San Diego, CA, 14th May 2026, ZEX PR WIRE  Steven Lash San Diego entrepreneur, independent consultant, and patent holder, is continuing to elevate industry conversations on business model innovation, sustainability, and entrepreneurial thinking through ongoing participation in industry forums, advisory engagements, and professional communities including the Society for Human Resource Management (SHRM).

Recognized as an accomplished thought leader with three decades of leadership in operations, advising, and restructuring, Steven Lash San Diego has built a reputation for translating entrepreneurial insight into practical strategy. His perspective consistently centers on the idea that forward thinking organizations need more than incremental change. They need scalable operational models, visionary leadership, and a willingness to rethink the underlying business model itself.

That perspective is shaped, in part, by his own work as an innovator and patent holder. Steven Lash holds business method patents that reflect his long standing commitment to innovation and forward thinking problem solving, and his consulting practice draws directly on that hands on experience with building something new from the ground up.

A distinguished graduate of SUNY Binghamton (BS in Business) and the University of San Diego (MBA), Steven Lash brings academic rigor and real world entrepreneurial experience to every advisory engagement. As an independent consultant, he advises founders, boards, and leadership teams on marketing strategy, organizational transformations, restructuring, and the design of scalable operational models built for transformative growth.

At industry events and industry forums, Steven Lash San Diego is increasingly known for connecting two themes that often get discussed separately: innovation and sustainability. He has argued that long term organizational health depends on treating sustainability not as a compliance line item but as a source of business model innovation in its own right.

“Sustainability and innovation are not two different conversations. They are the same conversation,” said Steven Lash. “Organizations that build sustainability into their operating model from the start tend to discover entirely new categories of value. That is where transformative growth actually comes from.”

His ongoing work with innovative entrepreneurs and forward thinking organizations continues to reflect that view, blending entrepreneurial thinking, marketing strategy, and operational discipline into engagements designed to position clients for long term resilience.

About Steven Lash

Steven Lash is an entrepreneur, independent consultant, strategic advisor, and thought leader based in San Diego. A patent holder with business method patents to his name, he brings three decades of leadership in operations, business model innovation, and organizational transformations to his advisory practice. He holds a BS in Business from SUNY Binghamton and an MBA from the University of San Diego, and he is a speaker at industry forums and an active participant in professional communities including the Society for Human Resource Management (SHRM). His work focuses on entrepreneurial insight, sustainability, scalable operational models, and visionary leadership for innovative entrepreneurs and organizations pursuing transformative growth.

About Author

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.

Continue Reading

Press Release

Ukrainian Parents in Denmark Receive Guidance at Church of Scientology on Education

Published

on

Community seminar in Copenhagen focused on integration, education and support for displaced families adapting to life in Denmark

Brussels, Belgium, 14th May 2026 — Ukrainian parents living in Denmark gathered in Copenhagen for an educational seminar aimed at helping families better understand the Danish school system, child development approaches and the social integration process facing many displaced families since the outbreak of the war in Ukraine.

The seminar was organized by the Church of Scientology Denmark and held in Copenhagen, bringing together Ukrainian mothers seeking practical guidance on how to support their children’s adaptation to Danish educational culture while maintaining stability within the family environment.

The initiative was reported by MyNewsDesk Denmark, highlighting the growing need for community-based educational support programs for refugee and migrant families across Europe.

The seminar was led by Marianne, an experienced educator and founder of a private kindergarten with nearly 30 years of professional experience. During the session, she explained key aspects of the Danish educational philosophy, including the importance placed on independence, social interaction, play-based learning and close cooperation between schools and parents.

Participants discussed the differences between educational expectations in Denmark and those common in Ukraine. One example that generated considerable discussion involved the Danish emphasis on exploratory outdoor activities for children, even when that means children return home with dirty clothing after a day of learning and play. According to attendees, the example helped illustrate broader cultural differences regarding childhood development and education.

The seminar also addressed practical concerns that many Ukrainian parents experience when interacting with Danish institutions, including communication with teachers, pedagogues, speech specialists and municipal educational services.

Questions surrounding parental authority and cooperation with schools were discussed openly. Organizers explained that the Danish system encourages active parental participation while also providing professional support structures designed to assist children with language acquisition, social integration and academic development.

One participant, identified as Iriny in the report, described the seminar as “interesting and practical,” noting that it provided valuable insight into how Danish educational institutions cooperate with families and support children adapting to a new cultural environment.

The event forms part of a broader pattern of local initiatives organized by Scientology communities across Europe focused on education, social betterment and humanitarian support. Churches, missions and affiliated groups regularly host activities connected to drug prevention, volunteer assistance, literacy, human rights education and community support programs.

These initiatives are inspired by the humanitarian principles and social philosophy developed by Scientology founder L. Ron Hubbard, whose writings on education, communication and social responsibility continue to influence many Scientology-supported social programs worldwide.

Ivan Arjona, representative of the Church of Scientology to the European Union, the OSCE, the Council of Europe and the United Nations, commented on the broader significance of such community initiatives in Europe:

“Successful integration is built through understanding, access to information, mutual respect and the active participation of families within society. Community initiatives that help parents understand educational systems and social structures contribute positively to social cohesion and to the well-being of children adapting to new environments.”

Organizers indicated that additional seminars and educational activities are being considered in the future, including further discussions on cultural adaptation and the integration of children into Danish society.

The Church of Scientology, its churches, missions, groups and members are present across the European continent. Scientology Europe reports a continent-wide presence through more than 140 churches, missions and affiliated groups in at least 27 European nations, alongside thousands of community-based social betterment and reform initiatives focused on education, prevention and neighbourhood-level support, inspired by the work of Scientology founder L. Ron Hubbard.

Within Europe’s diverse national frameworks for religion, the Church’s recognitions continue to expand, with administrative and judicial authorities in Spain, Portugal, Sweden, the Netherlands, Italy, Germany Slovakia and others, as well as the European Court of Human Rights, having addressed and acknowledged Scientology communities as protected by the national and international provisions of Freedom of Religion or belief.

Media Contact

Organization: European Office Church of Scientology for Public Affairs and Human Rights

Contact Person: Ivan Arjona

Website: https://www.scientologyeurope.org

Email: Send Email

Address:Boulevard de Waterloo 103

City: Brussels

State: Brussels

Country:Belgium

Release id:44803

The post Ukrainian Parents in Denmark Receive Guidance at Church of Scientology on Education 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

file

About Author

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.

Continue Reading

Press Release

Paris Human Rights Mobile Exhibit Brings Civic Education to a Busy Public Space

Published

on

On Europe Day, volunteers distributed 1,500 educational items on human rights and their history, drawing steady public attention in the French capital.

Brussels, Belgium, 14th May 2026 — A mobile human rights exhibit held in central Paris on 9 May brought a visible public education initiative to one of the city’s busy pedestrian areas, where residents and visitors were invited to learn more about the Universal Declaration of Human Rights and the long history of human rights ideas.

The exhibit, set up in a highly visible tent, drew the attention of passers-by throughout the day. Around 15 volunteers took part in the initiative, distributing approximately 700 flyers inviting people to visit the stand and 800 educational booklets presenting human rights and their historical development in accessible language.

The activity coincided with 9 May, widely marked across the European Union as Europe Day, a date associated with peace, cooperation and the civic values that shaped post-war Europe. In that context, the Paris exhibit placed human rights education at street level, offering short conversations, printed materials and visual displays to people of different ages and backgrounds.

The mobile exhibit presented human rights not as an abstract legal concept, but as a practical subject connected to daily life, dignity and civic responsibility. Visitors were able to view panels, receive booklets and speak with volunteers about the origins and meaning of fundamental rights, including the importance of education in making those rights understood by younger generations.

The initiative forms part of the broader human rights education work supported by members and groups of the Church of Scientology, inspired by the writings of Scientology founder L. Ron Hubbard, who placed strong emphasis on human dignity, moral responsibility and the role of education in improving society. In France and across Europe, Scientology volunteers have taken part in public information activities focused on human rights, drug prevention, literacy, moral values and community support.

The Paris event also reflected the wider civic education approach promoted through Scientology Europe’s EU Values campaign, which presents European values such as human dignity, freedom, democracy, equality, rule of law and human rights as principles that require understanding and practical application in daily life. By placing educational materials directly in a public space, the Paris exhibit connected the universal language of human rights with the European civic framework in which those rights are protected and discussed.

“Human rights become meaningful when they are understood by ordinary people, not only by institutions,” said Ivan Arjona, representative of the Church of Scientology to the European Union, the OSCE, the Council of Europe and the United Nations. “An exhibit like this in Paris reflects a very European idea: that dignity, freedom of conscience and responsibility belong in public life. It is also fully aligned with the spirit of Europe’s values, which depend on citizens who know their rights, respect the rights of others and take responsibility for building more inclusive communities.”

The Paris volunteers reported that the tent’s visibility helped bring a constant flow of people past the exhibit. Some stopped briefly to take a flyer, while others entered the tent, asked questions or received booklets. The format allowed the materials to reach both local residents and international visitors passing through the area.

The booklets distributed during the day presented the development of human rights through history, including the modern understanding reflected in the Universal Declaration of Human Rights, adopted by the United Nations General Assembly in 1948. By using simple language and visual presentation, the exhibit aimed to make the subject accessible to people who may not usually engage with formal legal or institutional documents.

For the volunteers, the activity was also a practical expression of civic participation. Human rights education campaigns often depend on direct contact with the public, particularly in urban spaces where people from many cultures, languages and social backgrounds meet. In Paris, a city closely associated with the history of rights, citizenship and public debate, the mobile exhibit provided a setting where those themes could be presented in a direct and approachable way.

The Church of Scientology has long supported educational and social betterment campaigns carried out by its churches, missions and volunteers. These initiatives include human rights awareness, drug prevention, disaster response through Volunteer Ministers, and moral education based on common-sense principles. While each activity is adapted to local circumstances, the common emphasis is on prevention, education and individual responsibility.

The Paris exhibit reflected that approach. Rather than focusing on ceremony or speeches, the event relied on visibility, printed educational materials and one-to-one engagement. The presence of volunteers throughout the day allowed people to receive information at their own pace, ask questions and continue on their way with materials they could read later.

The Church of Scientology, its churches, missions, groups and members are present across the European continent. Scientology Europe reports a continent-wide presence through more than 140 churches, missions and affiliated groups in at least 27 European nations, alongside thousands of community-based social betterment and reform initiatives focused on education, prevention and neighbourhood-level support, inspired by the work of Scientology founder L. Ron Hubbard.

Within Europe’s diverse national frameworks for religion, the Church’s recognitions continue to expand, with administrative and judicial authorities in Spain, Portugal, Sweden, the Netherlands, Italy, Germany Slovakia and others, as well as the European Court of Human Rights, having addressed and acknowledged Scientology communities as protected by the national and international provisions of Freedom of Religion or belief.

Media Contact

Organization: European Office Church of Scientology for Public Affairs and Human Rights

Contact Person: Ivan Arjona

Website: https://www.scientologyeurope.org

Email: Send Email

Address:Boulevard de Waterloo 103

City: Brussels

State: Brussels

Country:Belgium

Release id:45058

The post Paris Human Rights Mobile Exhibit Brings Civic Education to a Busy Public Space 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

file

About Author

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.

Continue Reading

LATEST POST