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
Bookies.com Updates UK Apple Pay Casinos Guide to Reflect New UKGC Wagering Rules and Bonus Restrictions
LONDON, UK, June 17th, 2026, Bookies.com, the UK-focused online gambling guide and review platform, today announced a comprehensive update to its Apple Pay Casinos guide for UK players. The refreshed resource reflects the regulatory changes that came into force on 19 January 2026, when the UK Gambling Commission (UKGC) capped wagering requirements on casino promotions at a maximum of 10x and prohibited mixed sports and casino bonus offers across the licensed market.
The January reform represents the most significant change to UK online casino promotional rules since the UKGC’s April 2020 ban on credit card use for gambling. Operators across the market have been required to revise welcome offers, ongoing promotions, and bonus terms to comply with the new framework, creating a period of substantial uncertainty for players evaluating which platforms offer genuine value. Bookies.com’s updated guide is designed to cut through that uncertainty for the growing population of UK players who prefer Apple Pay as their primary deposit method.
“Apple Pay has quietly become the default deposit method for a generation of UK casino players,” said a Bookies.com spokesperson. “With biometric authentication, no card details exposed to operators, and instant deposits confirmed by Face ID or Touch ID, it offers a level of security and convenience that traditional debit card flows simply cannot match. Combined with the new UKGC rules, this is the right moment to give UK players a definitive resource on which licensed Apple Pay casinos genuinely lead the market on transparency, withdrawal speed, and bonus value under the post-January framework.”
Why Apple Pay Has Become Central to UK Online Casinos
Industry estimates indicate that approximately 67 percent of UK shoppers now use Apple Pay regularly, with mobile-first behaviour particularly pronounced among the 18 to 44 demographic that drives the majority of UK online casino volume. The UKGC’s 2020 credit card ban removed one of the historical default deposit methods at UK-licensed casinos, accelerating the shift toward debit cards, e-wallets, and mobile payment methods including Apple Pay, Google Pay, and PayPal. For iOS users in particular, Apple Pay has become the path of least friction from the moment of sign-up through to first deposit.
Tokenisation is central to the security advantage. When a UK player deposits using Apple Pay, the casino operator receives a unique transaction token rather than the player’s actual debit card number, meaning intercepted payment data holds no value outside the specific transaction context. Biometric authentication through Face ID or Touch ID adds a second factor that traditional card payments cannot replicate. Together, these protections address the categories of fraud and data breach risk that have historically affected online gambling platforms.
What the Updated Guide Covers
The refreshed Bookies.com guide evaluates UK-licensed online casinos on five weighted criteria: deposit and withdrawal speed for Apple Pay transactions, minimum deposit and withdrawal limits, transparency of fees and processing terms, eligibility of Apple Pay deposits for current welcome and reload bonuses under the new 10x wagering cap, and overall mobile platform quality across iPhone and iPad devices. Every recommendation is tested hands-on by the Bookies.com editorial team prior to inclusion, with reviews updated as operators adjust their terms in response to the January regulatory changes.
Operators currently featured in the guide include bet365, Sky Vegas, 888casino, Virgin Games, Casimba, and LeoVegas, all of which hold active UKGC licences and accept Apple Pay for deposits with minimum amounts starting from £10. The guide also identifies operators that have removed Apple Pay eligibility from their welcome offers in response to the new regulatory environment, an important disclosure for players evaluating bonus value. Withdrawal handling is covered in detail, including the standard industry practice of returning Apple Pay deposits to the underlying linked debit card rather than to the Apple Pay wallet directly.
The New UKGC Framework in Context
The 19 January 2026 changes introduced three principal reforms. First, wagering requirements on all casino bonus offers are now capped at a maximum of 10x, a substantial reduction from the 35x to 50x requirements that had been common across the UK market. Second, promotional offers combining sports betting and casino elements are no longer permitted, requiring operators to separate their bonus structures by product vertical. Third, terms and conditions on all promotional offers must be presented to UK players with greater clarity, including upfront disclosure of game contributions, time limits, and eligible payment methods. The Bookies.com guide has been updated to reflect each of these requirements on an operator-by-operator basis.
About Bookies.com
Bookies.com is a UK-focused online gambling guide that provides independent reviews, operator comparisons, and player education resources for licensed online casinos, sportsbooks, and payment methods. The editorial team evaluates UK-licensed operators against transparent criteria covering bonuses, game libraries, payment methods, withdrawal speeds, customer support, and responsible gaming controls. Bookies.com is committed to responsible gambling and includes BeGambleAware.org resources, deposit limit guidance, and self-exclusion information throughout the site.
This press release is intended for UK readers aged 18 and over. Gambling can be addictive. Please play responsibly. For confidential support visit BeGambleAware.org or call the National Gambling Helpline on 0808 8020 133.
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
Montreal Airport Professional Highlights the Value of Skilled Frontline Workers in Critical Infrastructure Industries
Quebec, Canada, Jun 17, 2026, ZEX PR WIRE — As industries across Canada continue to navigate workforce challenges, Montreal airport professional Naimur Rahman is highlighting the growing importance of skilled frontline workers who help keep critical infrastructure operating safely and efficiently every day.
Working as a ground crew professional at Montréal–Trudeau International Airport, Rahman has spent years supporting the behind-the-scenes operations that allow thousands of passengers and aircraft to move through one of Canada’s busiest transportation hubs. His experience has given him firsthand insight into the expertise, teamwork, and adaptability required of frontline workers across aviation and other essential industries.
“People often see the end result, but they don’t always see the work that happens behind the scenes,” said Rahman. “Whether it’s aviation, transportation, healthcare, construction, or other critical sectors, skilled frontline workers play a major role in keeping communities functioning.”
According to Rahman, many frontline careers require a combination of technical knowledge, situational awareness, communication skills, and the ability to perform under pressure. In aviation, even routine operations depend on teams working together with precision and consistency.
“Every day brings different challenges,” he said. “Weather changes. Schedules change. Priorities can shift quickly. You learn that preparation and teamwork are essential.”
Rahman believes the contributions of frontline professionals are becoming increasingly important as industries face evolving operational demands and growing expectations around efficiency and reliability.
“The work may not always be visible to the public, but it has a direct impact on people’s daily lives,” he said. “When systems operate smoothly, it’s usually because skilled people are working together behind the scenes.”
His perspective comes from years of working in a fast-paced airport environment where safety remains the top priority. Ground crews must coordinate with multiple teams, adapt to changing conditions, and maintain operational standards regardless of weather or scheduling pressures.
Montreal’s winter climate provides a particularly clear example of the resilience required in many frontline professions.
“When you’re working outside during a January cold snap, there isn’t much room for excuses,” Rahman said. “You focus on the job, support your team, and find solutions. That mindset applies to a lot of essential industries.”
Rahman also believes more attention should be given to career pathways within frontline and operational professions. While these careers may not always receive the same visibility as office-based roles, they offer opportunities to develop valuable skills in leadership, communication, problem-solving, and teamwork.
“Some of the best lessons I’ve learned came from working alongside experienced professionals,” he said. “You learn responsibility. You learn discipline. You learn how important it is to be dependable.”
Beyond his professional responsibilities, Rahman remains active in the Montreal community as a husband, father, sports enthusiast, and supporter of local activities. He sees many parallels between successful workplaces, successful sports teams, and strong communities.
“In all of those environments, people rely on each other,” he said. “Success usually comes from trust, communication, and a willingness to contribute.”
As discussions continue about workforce development and the future of critical infrastructure, Rahman hopes greater recognition will be given to the professionals whose work often goes unnoticed but remains essential to daily life.
“Frontline workers help keep cities moving,” he said. “They keep services operating, support communities, and solve problems every day. Those contributions matter, and they deserve recognition.”
Through his work at Montréal–Trudeau International Airport, Rahman continues to advocate for the value of skilled frontline professionals and the critical role they play in supporting Canada’s infrastructure, economy, and communities.
About Naimur Rahman
Naimur Rahman is a Montreal-based ground crew professional working at Montréal–Trudeau International Airport. With experience in aviation operations, teamwork, and frontline service, he is passionate about workforce development, community engagement, and highlighting the contributions of essential workers. Rahman lives in Montreal with his wife and daughter.
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
“City Chasing Light”: Deciphering Its Evolutionary Logic from Five Dimensions of the 3rd CCIOE
From June 12 to 14, the 3rd Changchun International Optoelectronic Expo (CCIOE) was held in Changchun. The event brought together 890 exhibitors, including 42 foreign-funded and joint-venture companies, and more than 2,000 experts and scholars. Seven themed exhibition zones made their debut, setting new records in scale and profile. Yet this expo is far more than a showcase of technologies; it sends deeper signals about Changchun’s reshaping of industrial confidence, the transformation of this old industrial base into a fast follower, and the changing landscape of China’s optoelectronics industry. Looking closely at this CCIOE, we can interpret the evolutionary logic of the “city chasing light” from at least five dimensions.

At the 3rd Changchun International Optoelectronic Expo, exhibitors displayed their equipment.
Dimension One: From the “Cradle of Optics” to a Hundred-Billion-Yuan Track
As China’s first optical research institution, the Changchun Institute of Optics, Fine Mechanics and Physics (CIOMP), Chinese Academy of Sciences established the city’s status as the “cradle of optics.” In 2024, Changchun built an industrial system of “3 transformations, 4 strengths, and 7 emerging sectors,” and the CCIOE emerged accordingly. In 2025, the city’s optoelectronics industry scale reached 90.63 billion yuan, with nearly 400 enterprises. Jilin Province has designated it as the “No.1 Project.” The CCIOE serves not only as a window to revisit the pioneering work of Wang Daheng and other forebears but also as a platform where Changchun stands shoulder to shoulder with international giants such as ZEISS and Hexagon, demonstrating its ambition to go global.
Dimension Two: A Strategic Breakthrough for the City – Building China’s Optoelectronics City
In the face of intense competition from cities like Wuhan and Shenzhen, Changchun has steered clear of the cutthroat rivalry in midstream manufacturing and instead maintained a firm grip on original innovation at its source.
On June 8, Changchun clearly defined its focus on six major optoelectronics industry clusters, highlighting its advantage in integrating technological innovation, and serving the national effort to break through “bottleneck” technologies. By the end of the 15th Five-Year Plan period, the city aims for the industry scale to exceed 160 billion yuan, with an average annual growth rate of no less than 10%, and to add 500 new market entities. The bottleneck areas such as lithography machines and LiDAR are precisely where CIOMP and the “Changchun Optics System” enterprises have deep expertise. The CCIOE showcased a complete path from source innovation to solving urgent national needs.
Dimension Three: Innovation Ecosystem – Coexistence of the “National Team” and “Hidden Champions”
Relying on the organized technology transfer of the “one institute, two universities” – CIOMP, Jilin University, and Changchun University of Science and Technology – Changchun has formed a model that is difficult to replicate. The “Changchun Optics System” enterprises cover the entire chain from chip design and wafer manufacturing to satellite networking, encompassing 52 entities. Gpixel Changchun Microelectronics Inc. (Gpixel) saw its market value exceed 40 billion Hong Kong dollars after listing. Cedar Electronics holds the world’s largest market share in COB small-pitch LEDs. Jilin OLED Material Tech has broken OLED material monopolies. An ecosystem of “leading enterprises + specialized and sophisticated SMEs” is taking shape. In its first year of operation, the “HOPE” model of Jiguang Laboratory added 300 million yuan in capital to Changchun Changguang Zhengyuan through its front-illuminated CMOS technology, providing a replicable example of technology transfer.

At the 3rd Changchun International Optoelectronic Expo, visitors interacted with cultural tourism robots.
Dimension Four: Industry-City Integration Reshaping the Industrial DNA
Designating optoelectronics as its “No.1 Project,” the Changchun Economic and Technological Development Zone is taking the lead in building China’s Optoelectronics City, with coordinated development among Changchun New Area, Jingyue District, Changchun Automobile Economic and Technological Zone, and the China-ROK (Changchun) International Cooperation Demonstration Zone. The project signings at this CCIOE showed improved quality, with investment attraction shifting from quantity to quality. The Changchun Automobile Economic and Technological Zone exhibited Hongqi’s “Tiannian No.1” flying car and smart cockpit, accelerating the integration of “optoelectronics + automobiles.” The transformation from an “automobile city” to an “optoelectronics city” is not about eliminating old industries but about empowering them with new technologies, reflecting a new logic for Northeast China’s revitalization.
Dimension Five: Future Pathways – Atomic-level Manufacturing and “Optics +” Crossovers
This year’s expo hosted the first 2026 Atomic-level Manufacturing Innovation and Development Conference, focusing on frontier areas including atomic processing technologies, equipment, and metrology, it is making forward-looking moves to gain a say in the industries of the future. Meanwhile, the seven themed exhibition zones covered atomic-level manufacturing, commercial aerospace, automotive electronics, low-altitude economy, embodied intelligence, optics + smart agriculture, and more, outlining the diversified enabling pathways of optoelectronics as the “foundation” of a new generation of industries, systematically laying out layouts for automotive transformation, smart agriculture, and the low-altitude economy.
Three consecutive editions of the CCIOE represent Changchun’s sustained effort to break free from path dependence and find new growth drivers. From “Changchun Optics Valley” to “China’s Optoelectronics City,” from the “double thousand” goals to the 160-billion-yuan blueprint, the CCIOE reflects both historical glory and present ambition. Whether the long-tail effect of the expo can be transformed into lasting industrial competitiveness will determine whether the “chase for light” can truly become reality. Changchun’s story continues.
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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