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.
As blockchain ecosystems continue to expand, cross-chain connectivity has become one of the most important technologies in decentralized finance. Users now expect fast, secure, and seamless asset transfers between networks without relying on centralized intermediaries.
Katana Bridge is designed to simplify this process by providing a modern cross-chain infrastructure that connects multiple blockchain ecosystems while prioritizing speed, security, and usability.
In this guide, we explain how Katana Bridge works, its key features, benefits, security architecture, and why cross-chain technology is becoming essential for the future of decentralized finance.
What Is Katana Bridge?
Katana Bridge is a cross-chain bridge infrastructure that allows users to transfer digital assets between supported blockchain networks. Instead of keeping assets isolated on a single chain, Katana Bridge enables interoperability across ecosystems.
Cross-chain bridges play a major role in modern decentralized finance because they allow users to:
- move assets between chains
- access different DeFi ecosystems
- reduce fragmentation
- optimize liquidity
- improve transaction flexibility
Katana Bridge focuses on creating a seamless and efficient experience for users who want secure asset transfers without complicated technical processes.
Why Cross-Chain Bridges Matter
The blockchain industry consists of multiple independent networks, each with its own infrastructure, applications, and liquidity pools. Without bridges, assets remain isolated within individual ecosystems.
Cross-chain technology solves this limitation by allowing communication and asset movement between networks.
Benefits of cross-chain bridges include:
- Expanded ecosystem access
- Increased liquidity efficiency
- Lower transaction friction
- Faster capital movement
- Multi-chain participation
As decentralized finance grows, interoperability is becoming one of the most important sectors in blockchain infrastructure.
Key Features of Katana Bridge
Secure Cross-Chain Transfers
Security is one of the most critical aspects of any bridge protocol. Katana Bridge is designed with advanced security mechanisms to help protect user assets during transfers between networks.
Core security features may include:
- decentralized validation
- encrypted transaction verification
- smart contract monitoring
- network consensus protection
- multi-layer infrastructure safeguards
Security-focused architecture helps reduce vulnerabilities commonly associated with cross-chain systems.
Fast Transaction Processing
One of the biggest frustrations users experience with traditional bridges is slow transfer speed.
Katana Bridge is built to optimize:
- transfer confirmation time
- routing efficiency
- transaction execution
- network synchronization
Faster processing improves user experience and supports real-time participation across ecosystems.
Intelligent Liquidity Routing
Liquidity fragmentation is a common challenge in decentralized finance. Katana Bridge uses smart routing infrastructure to optimize transaction paths across supported networks.
This can help:
- reduce slippage
- improve transfer efficiency
- optimize fees
- increase liquidity accessibility
Efficient routing technology is becoming increasingly important as blockchain ecosystems continue to expand.
Multi-Chain Compatibility
Modern DeFi users interact with multiple blockchain ecosystems. Katana Bridge is designed to support interoperability across a growing range of networks.
Cross-chain compatibility allows users to:
- transfer assets seamlessly
- access multiple protocols
- participate in different ecosystems
- manage liquidity more efficiently
Interoperability is expected to become a foundational component of the next generation of decentralized applications.
How Katana Bridge Works
Katana Bridge uses blockchain communication infrastructure to facilitate transfers between networks.
The general process includes:
1. A user initiates a transfer from one blockchain.
2. Assets are verified and locked through smart contract infrastructure.
3. The bridge validates the transaction through its protocol mechanisms.
4. Equivalent assets are released or minted on the destination network.
5. The user receives assets on the selected chain.
The process is designed to minimize delays while maintaining network security.
Benefits of Using Katana Bridge
Improved Asset Mobility
Users can move assets across ecosystems without relying on centralized exchanges.
This provides:
* more flexibility
* faster ecosystem access
* simplified DeFi participation
Enhanced DeFi Access
Cross-chain bridges allow users to interact with applications and liquidity pools across multiple ecosystems from a single infrastructure layer.
This creates broader opportunities within decentralized finance.
Better Liquidity Efficiency
By connecting isolated ecosystems, Katana Bridge helps improve liquidity accessibility across networks.
Efficient liquidity movement contributes to:
- healthier markets
- reduced fragmentation
- improved capital utilization
Security Best Practices for Bridge Users
Although modern bridge protocols continue improving security infrastructure, users should still follow best practices.
Recommended safety practices include:
- Verify official bridge URLs
- Double-check destination addresses
- Avoid suspicious links
- Use trusted wallets
- Start with smaller test transactions
- Monitor transaction confirmations carefully
Phishing attacks and fake bridge interfaces remain common threats within the blockchain industry.
The Future of Cross-Chain Infrastructure
Interoperability is rapidly becoming one of the most important trends in decentralized finance.
Future bridge innovations are expected to include:
- faster finality
- lower fees
- broader chain support
- enhanced decentralized validation
- improved user interfaces
- deeper liquidity integration
As blockchain adoption grows, users will increasingly rely on bridges to move assets seamlessly between ecosystems.
Katana Bridge is positioned within this growing sector of decentralized infrastructure focused on improving connectivity across networks.
Why Katana Bridge Matters in Modern DeFi
Decentralized finance is evolving beyond isolated ecosystems. Users now expect interoperability, flexibility, and seamless asset movement across multiple chains.
Katana Bridge addresses these demands by focusing on:
- security
- speed
- liquidity optimization
- multi-chain accessibility
- user experience
As cross-chain technology becomes increasingly important, bridge infrastructure will continue playing a central role in the future of decentralized finance.
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.
On May 26, 2026 Streamex (NASDAQ: STEX) announced the appointment of Kori Handy as Vice President of Product and Design. Streamex is a technology company building a tokenization ecosystem for all real-world assets, beginning with commodities.
Canada, 30th May 2026 – Global Stocks News – Sponsored content disseminated on behalf of Streamex Corp. On May 26, 2026 Streamex (NASDAQ: STEX) announced the appointment of Kori Handy as Vice President of Product and Design.
Streamex is a technology company building a tokenization ecosystem for all real-world assets, beginning with commodities.
“The majority of IT-focused employers worldwide are flat‑out struggling to find the skilled tech talent they need,” reports Alpha Apex.
“It is rare that a company at our stage is able to attract this many experienced, successful people,” Streamex CEO Henry McPhie confirmed to Guy Bennett, the CEO of Global Stocks News (GSN). “I’ve received calls from other tech CEOs asking how we did it. Our elite team understand the technology, and see the growth opportunity. Kori Handy has scaled multiple companies by making products more intuitive. He will be a key player for Streamex as we expand our product line.”
The hiring of Mr. Handy follows the recruitment of CFO Christine Plummer, former Global Controller at Coinbase; Director Anthony Marciano, a Clinical Professor of Finance at the Leonard N. Stern School of Business; Director Shawn Matthews, the Founder and CIO of Hondius Capital and former CEO of Cantor Fitzgerald; CIO Mitchell Williams, who managed multi-billion dollar global and domestic equity portfolios and Director Kevin Gopaul, who helped architect and scale BMO’s $100 billion ETF franchise.
“Kori understands how to take highly complex financial infrastructure and turn it into experiences that feel simple, premium, and deeply intuitive,” stated McPhie in the May 26 press release. “As we scale GLDY and introduce the next generation of tokenized financial products, Kori will play a major role in shaping how the world experiences modern digital assets.”
Mr. Handy most recently served as Product Design Leader at Groundfloor, the award-winning real estate investing platform with more than $2.5B in Assets Under Management (AUM) and over 280,000 investors. He led a full redesign across web and mobile platforms.
“I’ve always believed the future belongs to companies that can take powerful technology and make it feel simple, emotional, and accessible to everyday people,” stated Handy. “We’re not just designing another fintech product, we’re designing the future experience of owning and interacting with real-world assets on-chain.”
On May 26, 2026 Streamex CEO Henry McPhie appeared on a YouTube episode of “When Shift Happens” (WSH) hosted by Swiss journalist Kevin Follonier, who has created “an unfiltered space for the deepest conversations with Web3 pioneers”.
Web3 empowers users to control their data, digital assets, and online identities.
“For those belonging to the Boomer or GenX generations, the Web3 learning curve can seem insurmountable,” states Medium.com. Follonier’s interviews help flatten that curve by challenging tech CEO’s to “Explain it to my mom.”
Follonier: You’re the co-founder and CEO of Streamex. What is Streamex? Explain it to my mom.
McPhie: We are a public company. We issue tokenized commodities. That is taking the physical asset, whether that’s gold or silver, and then creating a digital representation of it, the same way that a stock represents ownership in a company. You can trade it, you can sell it, you can do whatever you want with it, because you own it.”
Follonier: Explain to my mom why we need tokenized commodities.
McPhie: If you wanted to go buy gold, it would cost you money to store it. If you buy our product, which is GLDY, you can get the same exposure to gold, and you get a 3.5% annual yield for holding it. For any commodity, tokenization gives you the ability to own real-world assets, while getting a yield on top of it.
Follonier: Explain to my mom why it is not possible to earn yield on a non-tokenized asset?
McPhie: “If you own physical gold, it just sits there. Warren Buffett’s pet rock theory. We’ve partnered with a group called Monetary Metals, which is a gold leasing company. Our largest lease client is a $4.5 billion publicly traded jewelry company that has 6,000 stores worldwide. They need gold to be able to create the jewelry. Whether it’s a watch, a bracelet or a chain. They lease the gold from us, and they pay us to be able to use it.”
On May 21, 2026 Streamex hosted its Q1 2026 Earnings and Corporate Update, which included the following highlights:
Equity Trust – access to $72B+ and 359,000 U.S. tax-advantaged retirement accounts. An upcoming integration with Equity Trust Company opens GLDY to a distribution channel that previously had no pathway to tokenized commodity products, unlocking a significant addressable market of U.S. retirement capital.
Orca – 24/7 decentralized secondary market for tokenized securities. Streamex and Orca have entered into a development partnership agreement to build a compliant, permissioned secondary trading venue for tokenized securities, starting with GLDY. Holders will have the ability to trade their position at any time on decentralized infrastructure, with compliance enforced automatically at the wallet level.
Wintermute – instant T+0 liquidity. A collaboration with Wintermute, one of the world’s leading institutional liquidity providers, enables GLDY investors to mint and redeem their positions instantly, 24/7, reducing settlement from T+2 to T+0 and removing a key friction point for prospective investors.
GLDY is live, earning yield, and proven. GLDY closed Q1 with approximately $14 million in AUM (3,096 oz), paid its first dividends of 10.48 oz of gold to holders, and NAV continues to track the gold price exactly as designed. The infrastructure is auditable, operational, and now the foundation for every product that follows.
$45.85M cash position, zero debt, and a clean capital structure. Q1 capital actions, a $40.25M equity raise and full retirement of all convertible debentures, leave Streamex fully deleveraged with management expecting significantly more than 12 months of runway at current burn rates. The Company is executing its roadmap from a position of financial strength.
“This was the quarter Streamex went from preparation to proof,” stated Morgan Lekstrom, Co-Founder & Executive Chairman of Streamex in the May 21 update. “We launched our first product, paid our first dividends to GLDY holders, retired all of our convertible debt, and strategically built an institutional partnership ecosystem that we believe uniquely positions the Company for substantial, scalable growth.”
Disclaimer: Streamex paid GSN C$1,750 for the research, creation and dissemination of this content.
Contact: guy.bennett@globalstocksnews.com
Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. There may be forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
Media Contact
Organization: Global Stocks News
Contact Person: guy.bennett@globalstocksnews.com
Website: https://www.globalstocksnews.com
Email: Send Email
Country:Canada
Release id:45503
The post Streamex Adds Microsoft and PayPal Lead Product Designer to High Level Talent Roster 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.
Xiamen,China—May 27,2026—The 2026 BRICS New Industrial Revolution (NIR) Partnership Forum opened on May 27 in Xiamen, Fujian Province .
Xiamen, China, 30th May 2026 – With the theme of “Building a Smart Manufacturing Ecosystem Together to Accelerate the New Industrial Revolution”, the forum is co-hosted by the Ministry of Industry and Information Technology (MIIT) and the Fujian Provincial People’s Government, and co-organized by the BRICS New Industrial Revolution Partnership Innovation Base, the Xiamen Municipal People’s Government, the Fujian Provincial Department of Industry and Information Technology, and the International Economic and Technical Cooperation Center of the Ministry of Industry and Information Technology (MIIT).
Event Scene
The forum aims to strengthen policy exchanges and industry matchmaking among BRICS countries in the field of smart manufacturing, better leverage the advantages of the BRICS as a “Rich Mine”, “Huge Market” and “Large Factory”, and build a mutually beneficial industrial ecosystem. The forum featured parallel sessions on smart factory incubation, digital and intelligent transformation of clean energy products and equipment, smart manufacturing industrial software, and technological innovation in industrial intelligence industries. Concurrently, supporting activities such as the BRICS Industrial Innovation Competition, the BRICS New Industrial Revolution Exhibition, the BRICS New Industry “Golden Heron” Excellence Scholarship Training Course, and the BRICS Industrial Capacity Cooperation Industry Matchmaking Activities were also held.
Event Scene
The forum brought together representatives from government authorities, embassies and consulates, leading enterprises, industry associations, think tanks, and financial institutions from 27 countries, as well as representatives from international organizations including the United Nations Industrial Development Organization (UNIDO), the New Development Bank (NDB), and the League of Arab States.
At the opening ceremony, the International Smart Manufacturing Alliance, together with relative apartments, released an international cooperation initiative on smart manufacturing, along with case studies of overseas smart factories, a reference catalogue of smart manufacturing system solutions, and an English version of recommended smart manufacturing standards. As a practical step to implement the International Cooperation Initiative on New Industrialization, 11 cities from both home and abroad — including Durban (South Africa), Lagos (Nigeria), Belgrade (Serbia), Almaty and Astana (Kazakhstan), Kőszeg (Hungary), as well as Xiamen, Nanjing, Wuhan, Yinchuan, and Changzhou (China) — jointly launched the “New Industrial Revolution Partner Cities Network.” The China Center for BRICS Industrial Capabilities announced its achievements since establishment and released the 2026 BRICS Industrial Cooperation Case Collection.
The BRICS Partnership on New Industrial Revolution is a key pillar of BRICS economic cooperation. In 2020, the BRICS Partnership on New Industrial Revolution Innovation Base was established in Xiamen. Since its inception, the base has been focusing on meeting national needs, leveraging Fujian’s strengths, and addressing the common aspirations of BRICS countries. It has carried out innovative cooperation in policy coordination, talents cultivation, and project development, hosting more than 50 high-level international exchange events, over 90 online and offline training sessions, and facilitating 138 projects with a total investment exceeding RMB 62 billion.
Under the support of the BRICS Innovation Base, Fujian Province has continued to deepen exchanges and cooperation with BRICS countries. In 2025, Fujian’s total import and export volume with BRICS countries reached RMB 365.5 billion, accounting for nearly one-fifth of the province’s total foreign trade, a clear demonstration of the vast potential for expanded BRICS cooperation.
Media Contact
Organization: Fujian Provincial Department of Industry and Information Technology
Contact Person: Duan Mengyuan
Website: https://gxt.fujian.gov.cn/zwgk/xw/jxyw/202605/t20260528_7153395.htm
Email: Send Email
City: Xiamen
Country:China
Release id:45548
The post 2026 BRICS New Industrial Revolution Partnership Forum Opened in Xiamen 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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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.
Katana Bridge Guide 2026: Secure Cross-Chain Transfers Made Simple
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