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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.”

About us

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

KING VPN Announces Android VPN App with 40+ Server Locations for UK and Russian Users

Published

27 minutes ago

on

May 14, 2026

By

KING VPN offers UK and Russian users a simple Android VPN app with 40+ server locations, one-tap connection support, and mobile browsing access.

United States, Grand Newswire — Tech Digital Labs has announced KING VPN, an Android VPN application developed for users in the United Kingdom and Russia who want a simple mobile VPN connection experience with access to more than 40 available server locations.

The app is designed for smartphone and tablet users looking for a straightforward VPN tool that supports one-tap connection, server selection, and everyday mobile browsing. KING VPN is available on Google Play and provides a clean interface for users who prefer a direct connection flow without advanced manual setup.

KING VPN may be considered by users in the UK and Russia who search for Russian Android VPN apps, VPN proxy tools, mobile VPN access, VPN for public Wi-Fi, and simple privacy-focused browsing tools. The app allows users to choose from available server locations based on current server status, app version, device settings, and network conditions.

The application supports access to multiple regions, including the United Kingdom, Russia, the United States, Turkey, the UAE, Saudi Arabia, China, and other available locations. Users can open the app, select a server, and connect through the available VPN connection option.

Google Play:
https://play.google.com/store/apps/details?id=com.kingwire.kingvpn

For users in the United Kingdom, KING VPN provides a mobile VPN option for everyday browsing, public Wi-Fi use, and general app access where permitted by local network policies. For users in Russia, the app provides a simple VPN connection process with multiple available server choices and mobile-friendly navigation.

The app is positioned for users who prefer a lightweight VPN experience with basic connection features, available server options, and a simple Android interface. It is also suitable for users who want a VPN app that can be installed directly from Google Play and used without complex configuration steps.

As with all VPN applications, speed, server availability, connection stability, and access to specific websites or apps may vary depending on the user’s location, internet provider, device, selected server, app version, and regional network policies.

A spokesperson for Tech Digital Labs said the company developed KING VPN to provide a simple mobile VPN option for users across different regions.

“Many mobile users prefer a VPN app that is easy to install, simple to navigate, and suitable for everyday browsing,” the spokesperson said. “KING VPN has been developed with a focus on 40+ available server locations, one-tap connection support, and a clean Android user experience for users in the UK, Russia, and other supported regions.”

KING VPN is available on Google Play at:
https://play.google.com/store/apps/details?id=com.kingwire.kingvpn&hl=en

About Tech Digital Labs

Tech Digital Labs provides digital marketing services, website development, mobile app development, software solutions, and utility-based digital products. The company develops Android applications and digital tools with a focus on simple interfaces, mobile accessibility, and practical user experiences.

Social Media

Facebook: https://www.facebook.com/TechDigitalLabs
LinkedIn: https://www.linkedin.com/company/tech-digital-labs/

website: https://techdigitallabs.com/

 

Media Contact

Organization: Tech Digital Labs

Contact Person: Media Relations

Website: https://techdigitallabs.com/

Email: Send Email

Country:United States

Release id:45038

The post KING VPN Announces Android VPN App with 40+ Server Locations for UK and Russian Users 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

OctopusBridge Launches AI-Powered Retail Advisor for Lightspeed X Store Owners

Published

1 hour ago

on

May 14, 2026

By

Lightspeed X store owners can now ask plain-English questions about their live POS data — sales, inventory, trends, and margins — and get instant, accurate answers. No reports. No spreadsheets. No waiting.

San Jose, CA, United States, 14th May 2026 – 24Seven Commerce, a leading provider of retail integration and middleware solutions, today announced the launch of Retail Advisor by Octopus Bridge, an AI-powered retail intelligence assistant built specifically for Lightspeed X store owners and managers. The tool is available now with straightforward, accessible pricing designed for independent and multi-location retailers.

Designed exclusively for Lightspeed X users, Retail Advisor connects directly to a store’s live POS data and enables owners to ask natural language questions about inventory, sales performance, reorder needs, and business trends — receiving accurate, data-backed answers in seconds. No reports to build. No spreadsheets to maintain. No analyst required.

The average brick-and-mortar retailer spends 4+ hours every week pulling and reading operational reports — time that could be spent serving customers and growing the business. Retail Advisor reduces that to seconds.

The Problem: Data Without Access

Modern retail POS systems capture enormous amounts of operational data — every sale, every inventory movement, every customer transaction. Yet for most independent and multi-location retailers, accessing meaningful insights from that data remains a slow, manual, and technically demanding process.

“Retailers are sitting on a goldmine of data every single day,” said the team at 24Seven Commerce. “The problem has never been the data itself — it’s always been the time and technical effort required to get a straight answer from it. Retail Advisor eliminates that barrier entirely.”

The Solution: Ask Your Store Anything

Retail Advisor by Octopus Bridge functions like a ChatGPT-style assistant — but one connected directly to a Lightspeed X store’s live data. Once onboarded, Lightspeed X store owners and managers can type any business question in plain English and receive an instant, accurate answer drawn directly from their own operational data. Setup takes under two minutes with no technical configuration required.

Example queries the system answers in real time:

  • “Which products will run out of stock before the weekend?”
  • “What is my best-selling category this month compared to last year?”
  • “Which SKUs have not sold in the past 60 days?”
  • “What is my gross margin on footwear this quarter?”
  • “Which store location is underperforming this week?”

Key Features and Capabilities

  • Plain-English Conversations: Store owners interact with their data using natural language — no technical training, no query language, no dashboard configuration required.
  • Built for Lightspeed X: Retail Advisor is designed and optimized specifically for Lightspeed X users — connecting directly to live store data with no migration, no additional hardware, and no IT involvement required.
  • Single and Multi-Location Support: Whether managing one store or a network of locations, Retail Advisor provides a unified view of operations across all sites in a single conversation.
  • Inventory and Reorder Intelligence: Automatically surfaces products trending upward but approaching low stock, enabling proactive reordering before stockouts occur.
  • Sales and Margin Analysis: Provides instant breakdowns of sales performance, category trends, and margin data by product, category, location, or time period.
  • Zero Setup Friction: Two-minute connection to existing POS system. No data migration. No new hardware. No IT involvement required.

Availability — Built for Lightspeed X

Retail Advisor by Octopus Bridge is available now for Lightspeed X store owners and managers. The platform is offered at competitive, transparent pricing tailored to the needs of independent and multi-location brick-and-mortar retailers — with a setup process that takes under two minutes and requires no technical resources.

The tool is currently available exclusively for Lightspeed X users. Support for additional POS platforms is planned for future releases.

Lightspeed X store owners can learn more and get started at https://www.24sevencommerce.com/retail-advisor.html or reach the 24Seven Commerce team directly at sales@24sevencommerce.com.

About 24Seven Commerce

24Seven Commerce is a retail technology company specializing in middleware integration and AI-powered tools for brick-and-mortar and omnichannel retailers. The company’s flagship platform, Octopus Bridge, connects leading POS systems — including Lightspeed, Retail Pro, CounterPoint, and Heartland Retail — with eCommerce platforms and marketplaces including Shopify, WooCommerce, Magento, Amazon, eBay, and Walmart. Retail Advisor by Octopus Bridge is the company’s first AI-native product, extending its mission of making retail operations simpl;er, faster, and more intelligent for independent and multi-location store owners worldwide.

Media Contact

Organization: 24Seven Commecre

Contact Person: Marketing Manager

Website: https://www.24sevencommerce.com/

Email: Send Email

Contact Number: +14086430097

Address:Octopus Bridge, Inc. (DBA 24Seven Commerce)

City: San Jose

State: CA

Country:United States

Release id:44994

The post OctopusBridge Launches AI-Powered Retail Advisor for Lightspeed X Store Owners 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

Scores24 Integrates Sportmonks Referee Data to Strengthen Accuracy in Football Matches

Published

1 hour ago

on

May 14, 2026

By

The new integration improves data quality by linking referee profiles across different sources.

Malta, 14th May 2026 — Scores24 announced the implementation of a new football-focused data integration system by linking referees between its internal database and the external provider Sportmonks. This update represents a significant advancement in the consistency and depth of the information available on the platform.

The system makes it possible to correctly identify and connect referee profiles using criteria such as first name, last name, and country, facilitating the unification of data coming from different sources. As a result, users can access more structured and reliable information about the referees participating in each match.

Improvement in Data Quality and Consistency

The integration with Sportmonks not only expands the volume of available information, but also optimizes the accuracy of the data displayed in real time. This reduces duplication and improves consistency within the referee database.

“A solid data infrastructure is key to delivering reliable statistics. This integration allows us to take another step toward a more complete and consistent experience,” commented the Scores24 team.

Main Features of the Integration:

  • Automatic linking of referees between databases
  • Improved accuracy and consistency of information
  • Access to more complete referee profiles
  • Reduction of duplicates in the database
  • Optimization of the football data system

With this update, Scores24 continues strengthening its technological infrastructure and reaffirms its commitment to the quality of sports information provided on a global level.

For more information, visit: https://scores24.live/es/articles/news/referee-integration-sportmonks

 

Media Contact

Organization: Scores24

Contact Person: Media Relations

Website: https://scores24.live/es/articles/news/referee-integration-sportmonks

Email: Send Email

Country:Malta

Release id:44993

The post Scores24 Integrates Sportmonks Referee Data to Strengthen Accuracy in Football Matches 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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