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/#/

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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.
Press Release
Ramsey Elkholy on Creating Music That Feels Like a Journey Rather Than a Playlist
LOS ANGELES, CA, Jun 06, 2026, ZEX PR WIRE — In an era dominated by algorithms, short attention spans, and playlist-driven listening habits, Ramsey Elkholy is taking a different creative approach. As the founder, producer, and songwriter behind the indietronica collective Monotronic, Elkholy believes music should feel immersive, emotionally connected, and intentionally sequenced, more like a journey than a collection of disconnected tracks. That philosophy sits at the center of Monotronic’s latest album, Waiting for You, a record designed to unfold gradually and pull listeners into its evolving sonic world.
For Ramsey Elkholy, the album format still holds creative power. While streaming culture often encourages audiences to consume songs individually, he continues to view records as complete artistic statements where pacing, atmosphere, and emotional progression matter just as much as individual singles. Rather than building songs solely for immediate impact, Elkholy focuses on how each track contributes to the larger experience of the album as a whole.
“I’ve always been interested in music that takes you somewhere,” Elkholy explains. “Not just one song that grabs your attention for thirty seconds, but an entire record that changes and develops as you move through it. I think there’s something powerful about creating a listening experience where the songs interact with each other emotionally and sonically.”
That perspective heavily influenced the structure of Waiting for You. Across eleven tracks, Ramsey Elkholy and Monotronic move fluidly between indie rock, pop, indietronica, and globally inspired textures, allowing the album to shift naturally between moments of intensity, reflection, movement, and restraint. Songs like “Looking Away” establish a cinematic and emotionally layered atmosphere early in the record, while tracks such as “Everything Moves” introduce brighter rhythmic energy and momentum. Elsewhere, “Sun Song” slows the pace with a more nostalgic and introspective tone, giving the album room to breathe before evolving again.
Instead of forcing stylistic consistency, Ramsey Elkholy embraced contrast throughout the writing process. The result is a record where seemingly opposing sounds coexist without feeling disconnected. Synth-heavy production blends with organic instrumentation, while acoustic passages and atmospheric electronics move together organically. This dynamic approach reflects Elkholy’s belief that albums should evolve emotionally in the same way real experiences do.
“At first, I actually worried the songs were too different from one another,” Elkholy says. “But eventually I realized the contrast was part of the point. Life doesn’t move in one emotional direction all the time, and I wanted the album to reflect that.”
That sense of movement is also shaped by Elkholy’s global perspective. Before forming Monotronic in New York City in 2016, he spent years traveling across Asia and Southeast Asia, studying Indian music in Calcutta and conducting anthropological research in Sumatra, Indonesia. Those experiences continue to influence how he thinks about rhythm, repetition, atmosphere, and musical storytelling. Rather than approaching songs as isolated products, he sees them as environments listeners can step inside and experience over time.
Now based in Los Angeles, Ramsey Elkholy continues to write and produce music from his home studio, where much of Waiting for You was developed. Several songs were written while spending time in Tulum, Mexico, an environment that influenced the album’s pacing and reflective tone. This connection to place and atmosphere remains central to Elkholy’s creative process, helping shape music that feels immersive rather than formulaic.
Collaboration also plays an important role in Monotronic’s identity. Rather than functioning as a traditional fixed band, the project operates as an evolving collective where musicians contribute to a shared sonic vision. On Waiting for You, that includes contributions from acclaimed bassist Mohini Dey and legendary drummer Omar Hakim, whose work with artists such as Daft Punk, David Bowie, and Foo Fighters adds further depth and texture to the album’s sound.
Visual storytelling extends this immersive philosophy even further. Music videos for tracks like “Kettle Song” and “Everything Moves” expand on the atmosphere of the songs through cinematic imagery and stylized concepts. Several Monotronic videos have premiered at #1 on VEVO, reinforcing the project’s reputation for combining music and visuals into a unified artistic experience.
Since the release of Monotronic’s self-titled debut album in 2019, Ramsey Elkholy has continued to build momentum through critically recognized releases, national touring, and a growing audience drawn to the project’s genre-fluid sound. Publications including Rolling Stone, Relix, Rock Cellar, and Hype Magazine have highlighted Monotronic’s unique approach to songwriting and production, while the band’s sold-out 2025 U.S. tour demonstrated its ability to translate layered studio recordings into compelling live performances.
For Elkholy, however, the goal remains less about chasing trends and more about creating lasting emotional connection. In a music landscape increasingly shaped by fragmented listening habits, he believes there is still value in records that ask listeners to slow down, stay present, and experience music as a complete narrative.
“I still love albums that feel transportive,” Elkholy says. “The kind of records where you remember how they made you feel from beginning to end. That’s always been the experience I want to create with Monotronic.”
With Waiting for You, Ramsey Elkholy continues to push beyond conventional genre boundaries while reaffirming the importance of immersive, intentional album-making. Rather than creating music designed simply to fill playlists, he is building records meant to be lived in, explored, and revisited over time.
To learn more visit: https://ramsey-elkholy.com/
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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.
Press Release
Lianlian DigiTech at Money20-20 Europe Exploring the AI-Driven Global Payments Ecosystem
China, 6th Jun 2026 – From June 3 to 5, Money20/20 Europe, a major global fintech event, was held in Amsterdam, the Netherlands. As a representative company in China’s digital payments sector, Lianlian DigiTechwas invited to appear at the Zhejiang Pavilion and deliver an on-site presentation, becoming one of the featured payment companies at the event. This showcased the innovation strength and industry influence of Chinese fintech companies in global development.

As a leading AI-driven digital payment service provider in China, Lianlian DigiTech, guided by its “AI-native + globalization” strategy, engaged in in-depth exchanges with global industry partners on topics including cross-border payment technology innovation, global payment network collaboration, and ecosystem co-building. The company also focused on exploring the innovative applications of AI technology in payment efficiency optimization, intelligent risk control, and cross-border business scenarios. Leveraging the deep integration of digital payments and intelligent technologies, Lianlian DigiTech is accelerating the construction of new global intelligent financial infrastructure, helping enterprises achieve more efficient and intelligent global fund connectivity.
According to available information, Lianlian DigiTech was founded in 2009 and was listed on the Main Board of the Hong Kong Stock Exchange in 2024 (2598.HK). It is a leading cross-border payment service provider in China. Backed by 68 global payment licenses and related qualifications, Lianlian has established a cross-border payment network covering more than 100 countries and regions worldwide, serving over 10.4 million customers globally.
Europe is a key pillar of Lianlian’s global expansion strategy. In recent years, Lianlian has continued to strengthen its localized capabilities in Europe, establishing local operations teams and obtaining the necessary licenses, including an Authorized Payment Institution (API) license in the United Kingdom and an Electronic Money Institution (EMI) license in Luxembourg.
Of particular significance is the EMI license granted by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF), which extends service coverage across the European Economic Area (EEA), encompassing 27 EU member states as well as Norway, Iceland, and Liechtenstein. This further unlocks one-stop payment capabilities across the region.
The license supports electronic money issuance, cross-border payments, fund settlement, and multi-currency operations. It also provides a solid foundation for Lianlian to connect markets across Europe under a unified service standard and to serve cross-border e-commerce and international trade businesses throughout the region.
Building on its continuously strengthening compliance capabilities, Lianlian DigiTech is further accelerating the expansion of its business network across Europe. Leveraging its licensing framework, technological capabilities, and partner network, LianLian Europe is committed to providing local customers with efficient, secure, and compliant cross-border payment and fintech services, helping merchants and businesses expand globally with greater speed and confidence.
Currently, Lianlian has established official partnerships with multiple European cross-border e-commerce platforms and continues to enhance its local collection and payment service capabilities across the region. Taking TikTok Shop Europe local stores as an example, Lianlian has fully launched its EUR collection service, supporting unified euro account collections for sellers in Spain, Germany, Italy, France, and Ireland. This provides cross-border merchants with a more convenient, efficient, and cost-effective collection experience.
Through its long-term global expansion efforts, Lianlian has gradually established compliance capabilities as its core foundational strength. Building on this foundation, the company continues to integrate AI capabilities, driving its evolution from a payment service provider to an AI-native financial infrastructure provider. By doing so, Lianlian delivers efficient, secure, and compliant fund solutions to support businesses in their global growth.
Lianlian DigiTech stated that its participation in Money20/20 Europe represents an important opportunity to deepen local connections in Europe and engage with global industry resources. Leveraging the summit platform, Lianlian will further strengthen collaboration channels with European and global technology innovators and industry partners, while fostering industry dialogue on the future of cross-border payment services in the AI era.
Looking ahead, Lianlian will continue to advance its “AI-native + globalization” strategy, further enhancing its localized, intelligent, and compliance-driven fintech service capabilities. The company remains committed to helping more cross-border businesses build efficient global fund connectivity, supporting enterprises as they deepen their presence in the European market and expand their global growth opportunities, while working alongside partners worldwide to drive the next stage of digital transformation in global cross-border trade.
Media Contact
Organization: LianLian
Contact Person: LianLian PR Department
Website: https://www.lianlian.com/
Email: Send Email
Country:China
Release id:45789
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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.
Press Release
Therrian Fontenot Advocates for Discipline and Youth Structure Through Sport
Florida, USA, Jun 06, 2026, ZEX PR WIRE — Former football athlete Therrian Fontenot is speaking out about the importance of discipline, mentorship and structured environments for young people, drawing from his own journey from Louisiana to Los Angeles and eventually to collegiate and professional football.
Fontenot, who earned a full scholarship to Fresno State after standing out at Leuzinger High School in Los Angeles, says organised sports helped shape his mindset and gave him direction during critical years of his life.
“Football gave me structure early,” Fontenot says. “It taught me accountability, consistency and how to stay focused on long-term goals.”
His message comes as youth participation in organised sports continues to decline across the United States. According to data from the Aspen Institute’s Project Play initiative, fewer than 40 per cent of children between ages 6 and 12 regularly participate in team sports. Research has also shown that structured extracurricular activities can improve academic performance, social development and long-term confidence in young people.
Fontenot believes those lessons extend far beyond athletics.
“Sports teach you how to work with people, how to deal with pressure and how to stay disciplined even when things get difficult,” he says. “Those are life skills, not just football skills.”
After attending Fresno State, Fontenot left college early to pursue a professional football career. Although his time playing professionally was relatively short, he says the experience reinforced the importance of preparation and resilience.
“At that level, everybody has talent,” Fontenot explains. “The difference comes from mindset, discipline and preparation.”
Today, Fontenot continues to focus on fitness, weight training and personal development while building Help2Others, an early-stage charitable initiative centred on encouragement, growth and community support.
“I want to create something positive that helps people stay motivated,” he says. “A lot of people just need direction and support.”
According to the National Alliance for Youth Sports, around 70 per cent of children stop playing organised sports by age 13, often due to pressure, burnout or lack of access. Fontenot believes communities can help change that by creating more supportive environments for young people.
“Not everybody grows up with strong structure around them,” he says. “Sometimes having the right coach, mentor or environment can completely change somebody’s path.”
Fontenot is encouraging individuals and families to focus on practical ways to support discipline and personal growth in everyday life, including:
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Encouraging consistent routines and healthy habits
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Supporting local youth sports and mentorship programmes
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Promoting teamwork, accountability and resilience
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Staying physically active and mentally focused
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Leading by example through actions and consistency
“You don’t have to do something huge to make a difference,” Fontenot says. “Sometimes it starts with simply showing up, staying disciplined and helping somebody stay encouraged.”
As he continues building the next chapter of his life, Fontenot says the lessons from football still guide him every day.
“The biggest thing I learned is that growth takes work,” he says. “You keep showing up, keep improving and keep moving forward.”
To read the full interview, visit the website here.
About Therrian Fontenot
Therrian Fontenot is a former football athlete born in Louisiana and raised in Los Angeles, California. He graduated from Leuzinger High School in 2000 before earning a full football scholarship to Fresno State and later pursuing a professional football career. Today, he focuses on fitness, personal development and building his charitable initiative, Help2Others, centred on encouragement, discipline and community support.
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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