Press Release
ORC, The Dark Horse in OPEN Eco-Layout
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
- 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.
Press Release
WellPCB Expands Wire Harness Capacity for Growing EV and Medical Device Demand
China, 16th Apr 2026 – WellPCB, a leading manufacturer of printed circuit boards and electronic interconnect solutions, has announced the expansion of its global wire harness manufacturing capacity in response to increasing demand from the electric vehicle and medical device sectors. The development reflects broader industry trends toward electrification, advanced medical technologies, and the need for reliable interconnect solutions across critical applications.

The expansion includes upgraded production lines, enhanced automation capabilities, and increased output capacity across existing facilities. These improvements are intended to support manufacturers requiring custom-engineered wire harnesses and cable assemblies. WellPCB continues to focus on precision manufacturing, rapid prototyping, and adherence to internationally recognized quality standards.
Demand for wire harnesses has increased alongside the growth of electric vehicles and ongoing innovation in medical device manufacturing. Electric vehicles rely on complex wiring systems to manage battery performance, sensors, and onboard electronics. Medical devices also require precise and reliable cable assemblies to ensure operational accuracy and patient safety. These factors have contributed to sustained global demand for specialized manufacturing capabilities.
Company representatives indicated that the expansion improves responsiveness to customer requirements while maintaining strict quality assurance processes. WellPCB operates under ISO 9001 and IATF 16949 certifications, ensuring that production processes align with international standards for quality management and automotive manufacturing.
Abby, Operations Specialist at WellPCB, commented on the development, stating, “The expansion of manufacturing capacity addresses the evolving needs of industries that depend on high-performance wire harness solutions. Electric vehicle manufacturers and medical device producers require consistent quality, precision engineering, and timely delivery. The upgraded facilities are intended to support these expectations while maintaining established production standards.”

The investment also strengthens rapid prototyping capabilities. Faster turnaround times for prototypes are increasingly important for companies developing new technologies, particularly in sectors with accelerated product cycles. Improved prototyping efficiency supports innovation and helps reduce development timelines.
In addition to increased production output, the expansion incorporates advanced quality control systems to ensure product consistency. Automated inspection processes and enhanced testing protocols have been introduced to reduce variability and maintain compliance with industry requirements. These measures support long-term reliability in applications where performance and safety remain essential.
Industry analysts have observed continued growth in the wire harness market as electrification trends expand globally. Electric vehicles are expected to represent a larger share of the automotive sector, while medical technology continues to advance through increased integration of electronic components. Manufacturers capable of scaling production while maintaining quality standards are positioned to support these developments.
The company’s location in Shijiazhuang, Hebei, provides access to established supply chains and logistics networks, supporting efficient distribution to international markets. The expanded capacity strengthens the ability to serve customers across multiple regions while maintaining consistent delivery timelines.

Abby also addressed the future outlook, stating, “Ongoing investment in manufacturing capabilities and process optimization remains a priority as industry requirements continue to evolve. Future efforts will focus on enhancing technological integration within production systems and expanding support for emerging applications in both electric mobility and healthcare technologies.”
The expansion reflects a broader commitment to adapting manufacturing operations to meet changing industry demands. As the complexity of electronic systems increases across multiple sectors, the importance of reliable interconnect solutions continues to grow. By scaling production capacity and refining processes, WellPCB aligns its operations with these evolving requirements.
For further information on Custom Wire Harness Manufacturing, contact WellPCB at sales@wellpcb.net or visit the company at 3rd Floor, Nanhai Plaza, No. 505 Xinhua Road, Xinhua District, Shijiazhuang, Hebei, China.
Media Contact
Organization: WellPCB
Contact Person: Abby
Website: https://wireharnessproduction.com/
Email: Send Email
Address:3rd Floor, Nanhai Plaza, No. 505 Xinhua Road, Xinhua District, Shijiazhuang, Hebei, China
Country:China
Release id:44037
The post WellPCB Expands Wire Harness Capacity for Growing EV and Medical Device Demand 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
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.
Press Release
WellPCB Launches High-Reliability Custom Cable Assemblies for Automation and Robotics
China, 16th Apr 2026 – WellPCB, a respected manufacturer of custom-engineered wire harnesses and cable assemblies, has announced the launch of a new line of high-reliability custom cable assemblies designed to support the evolving demands of industrial automation and robotics applications. The development reflects increasing requirements across industries for durable, precision-engineered connectivity solutions in complex and high-performance environments.

The newly introduced cable assemblies are engineered to meet stringent performance and safety standards required in automated manufacturing systems, robotic platforms, and industrial control operations. These assemblies are designed to maintain stability under challenging conditions, including vibration, temperature fluctuations, and continuous mechanical stress. The design framework emphasizes flexibility, allowing configurations tailored to specific operational and environmental requirements.
The product line incorporates materials and production processes aligned with recognized international quality standards, including ISO 9001 and IATF 16949 certifications. Each assembly is developed with attention to consistency, traceability, and compliance with industry regulations. Rapid prototyping capabilities are also included, enabling efficient design validation and refinement within shortened development timelines.
Abby, Operations Specialist at WellPCB, commented on the announcement: “The introduction of this new line of custom cable assemblies reflects a response to the technical demands observed in industrial automation and robotics sectors. Emphasis has been placed on reliability, adaptability, and adherence to established quality standards to ensure performance in critical applications.”

The launch coincides with continued expansion in automation technologies across multiple sectors, including manufacturing, medical equipment, and logistics systems. As robotic systems become increasingly complex, stable and high-performance electrical connectivity has become essential. Cable assemblies play a critical role in transmitting power and data between components, making reliability a key factor in maintaining system efficiency and operational continuity.
Engineering efforts behind the new product line have focused on enhancing shielding, insulation, and connector durability. These improvements are intended to reduce signal interference, support long-term use, and ensure consistent performance across demanding applications. The assemblies are also designed for modular integration, enabling compatibility with a wide range of automation and robotic systems without requiring extensive system modifications.
In addition to product development, internal production processes have been refined to support the efficient handling of customized orders. Manufacturing workflows incorporate multi-stage testing procedures to verify electrical performance and mechanical resilience. These measures contribute to maintaining quality standards while supporting varied application requirements.

Industry trends indicate increasing reliance on interconnected systems and advanced automation technologies, often associated with Industry 4.0 initiatives. Within this context, dependable components such as cable assemblies are essential to minimizing system downtime and maintaining consistent operational performance.
The company operates from its facility located at 3rd Floor, Nanhai Plaza, No. 505 Xinhua Road, Xinhua District, Shijiazhuang, Hebei, China. This location serves as a central hub for engineering, production, and quality assurance activities.
Abby also addressed the company’s perspective on future developments: “Ongoing advancements in automation and robotics are expected to introduce new technical challenges and requirements. Continued investment in engineering capabilities and process improvements will remain a priority to support evolving industry needs and maintain alignment with global standards.”
The new cable assembly line is now available for integration into industrial automation and robotics projects. Engagement with partners across automotive, medical, and industrial sectors continues to support application-specific development and long-term collaboration.
For additional information regarding Custom Cable Assembly Manufacturing, inquiries may be directed to sales@wellpcb.net.
Media Contact
Organization: WellPCB
Contact Person: Abby
Website: https://wireharnessproduction.com/
Email: Send Email
Address:3rd Floor, Nanhai Plaza, No. 505 Xinhua Road, Xinhua District, Shijiazhuang, Hebei, China
Country:China
Release id:44039
The post WellPCB Launches High-Reliability Custom Cable Assemblies for Automation and Robotics 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
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.
Press Release
Hometown Introduces a Cooperative Game That Transforms Screen Time Into Shared Family Experience
A new city building experience encourages families to reconnect through collaborative gameplay, turning individual screen use into meaningful shared moments across generations.
United States, 16th Apr 2026 – In homes across the world, a quiet shift has taken place. It is rarely discussed openly, yet widely felt. Families continue to live under the same roofs, share the same spaces, and follow familiar routines. But increasingly, they are no longer sharing the same moments. Evenings that once held conversation, laughter, or simple presence have gradually been replaced by parallel experiences, where each individual is engaged in a separate digital world despite being physically together.

This change is not the result of neglect. In most cases, it reflects how technology has evolved. Devices designed for personalization have reshaped interaction in subtle but significant ways, making it easier for individuals to focus on their own content rather than a shared experience. As a result, meaningful interaction within families has quietly diminished, even as connectivity through devices has increased.
Hometown, a newly introduced cooperative city building game, has been developed in response to this reality. Instead of attempting to remove screens from everyday life, the experience redefines how they can be used. The goal is not to reduce screen time, but to transform it into something shared, something that brings people back into the same moment.
At its core, the game is built on a simple but deliberate idea. Meaningful interaction happens when people are engaged together with a shared purpose. Hometown introduces a cooperative structure requiring two participants, where each role is essential to progress. One participant plans and builds, shaping the layout and long term development of the city, while the other explores the environment, interacting with the world and unlocking new elements. Neither role can move forward independently, making collaboration a natural part of the experience.
By making cooperation essential, the game encourages communication without forcing it. Players naturally begin to talk, coordinate, and respond to one another, shifting from passive co presence to active engagement. Unlike many digital experiences driven by urgency and competition, Hometown removes elements that disrupt interaction. There are no advertisements competing for attention, no countdown timers creating pressure, and no leaderboards introducing comparison. The experience unfolds at a calm and flexible pace, allowing players to focus on each other rather than the screen itself.
During development, early testing revealed an outcome that extended beyond gameplay. Families did not simply play the game. They began to talk. Conversations emerged naturally, often moving beyond the game itself into personal memories, shared experiences, and cultural identity. What started as a digital activity became a bridge for real world connection.
As players progress, they unlock cultural heritage inspired landmarks, including elements influenced by Chinese traditions and real world history. These include gateways, pavilions, and historically influenced environments that add depth to the experience. While visually engaging, these elements often serve a deeper purpose. They prompt reflection. Players frequently pause not to advance in the game, but to recall stories, share memories, and ask questions that may not have surfaced otherwise.
In one instance, a grandparent spent over an hour describing a location that an in game structure resembled. What began as a simple observation developed into a meaningful conversation about family history, migration, and lived experience. For the younger participant, it became more than a story. It was a connection to something previously unknown, something personal and lasting.
These moments were not designed as features. They emerged naturally from the environment the game creates. By offering a shared experience without distraction, Hometown provides space for conversations that often go unspoken in everyday life. It demonstrates that connection does not always require more time or effort, but rather the right context.
A short brand video illustrating this experience is available here:
https://youtu.be/FZ2tPgtxtO8?si=UpcJ24w5R1ZJPvju
The video reflects a simple yet powerful moment, where a family shares a single experience, focused on the same thing without distraction. It captures the essence of what Hometown is designed to achieve.
The game is designed to be accessible and easy to adopt. It is free to play and requires two devices connected via Bluetooth, allowing for local cooperative interaction. Sessions are recommended at approximately 30 minutes, though early observations suggest many families continue playing beyond that. The flexibility of the experience allows it to fit naturally into daily routines without requiring significant planning or commitment.
While the experience is accessible to all, it holds particular relevance for multicultural families. For those navigating multiple identities and balancing heritage with modern life, Hometown offers a space where both can coexist naturally. Culture is not presented as instruction, but as interaction. Players discover, build, and discuss together, allowing conversations about identity and belonging to emerge organically.
In a digital landscape where most experiences are designed for individual consumption, Hometown offers a different perspective. It does not compete for attention. It reshapes it. The experience reflects a simple truth. Connection does not require more tools or more time. It requires a shared moment, a common focus, and a reason to stay present.
Hometown aims to provide that reason.
About Hometown
Hometown is a cooperative, family focused city building game designed to bring people together through shared interaction, cultural storytelling, and calm, collaborative gameplay. The platform emphasizes connection across generations in a digital first world.
For more information, visit:
Website:https://www.hometowngames.app/
Facebook:https://www.facebook.com/hometowngameofficial
Instagram:https://www.instagram.com/home.town.official/
X:https://x.com/gamehometow/
Threads:https://www.threads.com/@home.town.official/
Youtube:https://www.youtube.com/@Hometown_game
Media Contact
Organization: PR Media House
Contact Person: Jake Parker
Website: https://prmediahouse.com/
Email: Send Email
Country:United States
Release id:44074
The post Hometown Introduces a Cooperative Game That Transforms Screen Time Into Shared Family Experience 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
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.
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