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ORC, The Dark Horse in OPEN Eco-Layout

Published

5 years ago

on

Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.

When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.

As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.

DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.

OPEN – Bring a wider range of assets to DeFi

OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.

Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.

Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.

OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.

Open Swap – Decentralized Exchange

Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.

Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself.  Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.

Open Lend – Hybrid Lending Market

Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.

This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.

Open Stable – Asset Protocol Aggregation Platform

Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.

OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.

And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.

Open Link Oracle

OpenLink is the first distributed oracle on OC.

It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.

Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve 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 

  1. Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.

OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.

  • Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.

Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.

  • Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.

ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.

  • Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

  • Push ahead with the rapid establishment of global financial integration or regional economic integration.

Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.

Conclusion

If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.”  Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”

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https://www.openfin.network/#/

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Atmosphera Partners with SUNWAVES Festival for On-Chain Event Participation Platform

Published

58 minutes ago

on

March 3, 2026

By

Atmosphera announces a platform collaboration with SUNWAVES Festival SW38, enabling on-chain participation for the September 2026 Spain edition.

Barcelona, Spain, March 3, 2026 — Atmosphera, an event participation platform that connects blockchain technology with the live entertainment industry, today announced a collaboration with SUNWAVES Festival for its upcoming SW38 edition. 

The partnership integrates Atmosphera’s on-chain platform with one of Europe’s long-running electronic music festivals, scheduled for September 3–7, 2026 in Spain.

Through the collaboration, SUNWAVES SW38 becomes the first major festival to integrate Atmosphera’s tokenized participation framework, which allows individuals to engage with live events through blockchain-verified digital instruments. The platform supports both traditional banking rails and digital asset transactions via USDC on the Arbitrum network.

About SUNWAVES Festival

SUNWAVES was founded in 2007 and has since produced 37 consecutive editions, growing from an independent Romanian beach event into a recognized name in the underground electronic music space. Its programming has featured established artists including Ricardo Villalobos, Marco Carola, Loco Dice, Seth Troxler, Raresh, Rhadoo, tINI, and Sonja Moonear. The festival’s Spanish editions have drawn attendees from across Europe.

SW38 represents SUNWAVES’ continued presence in Spain and its first edition to be featured on the Atmosphera platform.

About Atmosphera

Atmosphera is an event participation platform that connects individuals with live experiences through blockchain-based digital structures. The platform supports both fiat and cryptocurrency transactions, with participant verification and on-chain record-keeping as standard features. Atmosphera’s ecosystem currently includes over 3,500 events and more than 750 organizer partners.

Partnership Details

Under the collaboration, Atmosphera will provide the technical infrastructure to facilitate on-chain participation in the SW38 event. Capital directed through the platform will support event execution, including artist programming, production infrastructure, venue operations, and marketing. All participation is subject to identity verification in accordance with applicable regulations.

“For nearly two decades, Sunwaves has been one of the most consistent festival brands in the electronic music space. This collaboration with Atmosphera represents a step toward broadening how live entertainment engages with participants and how events access operational support through new technology frameworks.”

— Atmosphera Team

Additional Information

Individuals interested in learning more about the Atmosphera platform or the SW38 collaboration can visit atmosphera.live for details. SUNWAVES Festival information is available through its official channels.

Atmosphera: atmosphera.live Telegram: t.me/atmospherainvest SUNWAVES: office@sw4music.es | office@sunfestevents.ro

Media Contact

Organization: ATMOSPHERA CORP

Contact Person: Stoyan Angelov

Website: https://atmosphera.live

Email:
Info@atmosphera.live

Address:InCorp Services, Inc. 1910 Thomes Ave Cheyenne, WY 82001

Country:United States

Release id:41989

The post Atmosphera Partners with SUNWAVES Festival for On-Chain Event Participation Platform 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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Press Release

Claude Riveloux Releases Market Commentary on Energy Supply Considerations and Capital Flows

Published

5 hours ago

on

March 3, 2026

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France, 3rd Mar 2026 – Claude Riveloux, Senior Market Strategist, has released a comprehensive market commentary report detailing current observations on global energy supply considerations and recent shifts in institutional capital allocation. The newly published analysis examines available market data, noting historical activity in volatility indices and observable movements of capital between different asset classes during the first quarter of 2026.

Observations on Global Energy Logistics

A primary focus of the report is the structural mechanics of global energy transit routes. Riveloux’s analysis models various scenarios regarding supply chain logistics and their historical correlation with broader energy pricing. The commentary reviews recent market data reflecting implied U.S. bond volatility and technology sector trading volumes in relation to these macroeconomic factors. Furthermore, the report discusses how energy supply metrics have historically interacted with inflation calculations and the broader economic framework.

Reviewing Institutional Capital Flows

Claude Riveloux, whose background includes extensive study at Wharton and Harvard Business School, outlines observable changes in asset allocation strategies among institutional participants. The publication categorizes current market movements into a structural rotation framework, reviewing recent liquidity data to map the current distribution of capital across different sectors.

The commentary highlights several specific asset classes based on their year-to-date performance metrics:

  • Precious Metals: The report documents recent trading volumes and valuation adjustments in gold, reviewing its historical context within macroeconomic shifts.
  • Currency Markets: Riveloux examines the current valuation of the Swiss franc relative to the U.S. dollar, discussing the operational considerations this environment presents for international central banking institutions.
  • Digital Assets: The analysis includes an assessment of recent Bitcoin market behavior, comparing its current pricing trajectory with traditional historical asset classes.

Sector-Specific Market Observations

The report outlines how global supply chain factors and energy logistics have historically influenced specific regional and industrial sectors. Riveloux provides an overview of global regional equity markets, discussing their historical sensitivity to localized logistical disruptions. Additionally, the commentary explores how variations in core energy costs generally influence capital allocation models within the transportation and industrial sectors.

Economic Framework for 2026

In concluding the analysis, Riveloux reviews the economic framework for the remainder of 2026, comparing supply-side economic constraints with demand-driven growth models. The report emphasizes the role of objective risk assessment methodologies in institutional portfolio management and details standard practices for evaluating asset exposure in varying macroeconomic environments.

Media Contact

Organization: Claude Riveloux

Contact Person: Claude Riveloux

Website: https://www.clauderiveloux.com/

Email: Send Email

Country:France

Release id:42082

The post Claude Riveloux Releases Market Commentary on Energy Supply Considerations and Capital Flows 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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Press Release

A New Chapter Begins: WeTrade Continues Partnership with Phantom Global Racing

Published

6 hours ago

on

March 3, 2026

By

A New Chapter Begins: WeTrade Continues Partnership with Phantom Global Racing

Kingstown, Saint Vincent And The Grenadines, 3rd Mar 2026 – WeTrade has announced the continuation of its partnership with Phantom Global Racing (PGR) for the 2026 season. Building on a strong foundation, this next phase reflects an expanded focus on growth, innovation, and deeper engagement between the worlds of trading and racing. 

New this year, the face and driver representing WeTrade and PGR is the immensely talented Rodrigo Dias Almeida. The Mozambique-born racer brings fresh momentum and ambition to the team, aligning closely with WeTrade’s commitment to performance, precision, and progress. 

 

“We are excited to continue this partnership and to welcome Rodrigo to team,” said Mario Pashardes, International Sales Director at WeTrade. “This collaboration is a shared commitment to pushing boundaries, both in racing and trading.” 

In the 2025 season, WeTrade and PGR carried the partnership through the Porsche Carrera Cup Asia. Thousands of fans cheered on as WeTrade’s brand zoomed across global landmark circuits, including Singapore, Malaysia, and Indonesia.  

Beyond presence, the collaboration extended into race weekend exclusive hospitality and immersive experiences, offering guests and partners exclusive access to pit garages, grid walks, and behind-the-scenes moments at the heart of the action. 

 This year, WeTrade and PGR look forward to expanding the impact of the partnership, engaging fans and communities, and delivering a year defined by ambition and results. 

 About WeTrade 
WeTrade is a globally recognised financial broker, founded in 2015, offering innovative online trading services across a diverse range of CFD instruments. Known for its strong client protection, ultra-low spreads, and award-winning loyalty programs, WeTrade is dedicated to making trading both successful and rewarding.   

Contact 
comms@wetrade.com 

About Phantom Global Racing (PGR) 
Phantom Global Racing is an international motorsport team competing across global racing series, driven by performance, precision, and a commitment to excellence on and off the track. 

 

Media Contact

Organization: WeTrade

Contact Person: CHONG PEI ZHOU

Website: https://www.wetrade.com/

Email:
comms@wetrade.com

City: Kingstown

Country:Saint Vincent And The Grenadines

Release id:42043

The post A New Chapter Begins: WeTrade Continues Partnership with Phantom Global Racing 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.

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