Press Release
ORC, The Dark Horse in OPEN Eco-Layout
Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.
When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.
As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.
DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.
OPEN – Bring a wider range of assets to DeFi
OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.
Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.

Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.
OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.
Open Swap – Decentralized Exchange
Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.
Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself. Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.

Open Lend – Hybrid Lending Market
Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.
This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.
Open Stable – Asset Protocol Aggregation Platform
Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.
OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.
And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.
Open Link Oracle
OpenLink is the first distributed oracle on OC.
It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.

Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve OC’s interoperability with other blockchains to expand the Open financial ecosystem?
ORC – An ultimate solution to blockchain interoperability.
Open Reactor
Open Reactor – Cross-chain protocol
Open Reactor (ORC) is the first decentralized cross-chain solution on OC system and also the exclusive cross-chain protocol in OPEN system. It serves as a window for financial data and value exchange with external blockchains.

The core mechanism of ORC cross-chain solution is OrcVM, through which users can use BTC and ETH to generate OBTC and OETH on OnlyChain at 1:1 if asset security is guaranteed. Owing to the high-performance blockchain network of OC, users enjoy extremely low handling fees and high transaction speed.
ORC also allows users to transfer digital assets from OC system to other blockchain networks so that on-chain assets can be freely flowed, interacted and aggregated between different blockchains, thus bringing the entire cryptocurrency market back to its root.
The ORC cross-chain solution can be applied to any sub-application in OPEN system. That’s to say, in the years to come, ORC will be the exclusive channel for OPEN sub-protocol to expand its use scope and interact with other public chains. Its importance is beyond any doubt!
The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.
ORC can realize asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

ORC Value Analysis
- Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.
OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.
- Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.
Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.
- Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.
ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.
- Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.
The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.
ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.
- Push ahead with the rapid establishment of global financial integration or regional economic integration.
Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.
Conclusion
If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.” Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”
About us
https://www.openfin.network/#/

About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Pybus Point Lodge Wins 2026 Tripadvisor Travelers’ Choice Award for Seventh Consecutive Year
Seventh straight win places the all-inclusive Alaska fishing lodge and eco-tourism resort in the top 10% of hospitality businesses worldwide, following major facility investments.
United States, 17th Jul 2026 — Pybus Point Lodge, the renowned all-inclusive luxury fishing lodge and eco-tourism resort in Southeast Alaska, today announced that it has won the
Tripadvisor Travelers’ Choice Award for the seventh consecutive year. Winning the award for 2026 places the resort in the top 10% of hospitality businesses worldwide. The award, which is based on
its 529+ five-star reviews from past guests, reflects the Lodge’s consistency in delivering great all-inclusive Alaska vacations and luxury Alaska adventures.
“It’s such an honor to be recognized this way,” said Anna Barrett of the Guest Services team at Pybus Point Lodge. “Earning this award seven years in a row is a testament to our team members – they work incredibly hard to deliver an exceptional guest experience season after season in one of the most logistically demanding settings a resort can operate in. It also speaks to our commitment to continually investing in facilities and amenities. The fact that 65% of our guests are return customers says it all.”
The Resort has prioritized investment in luxury and innovation. Recent investments include:
- Brand-new luxury ocean view rooms and extensive renovations that bring the accommodations up to a true five-star resort standard. The results match the comfort of a luxury resort in one of the most remote corners of Alaska.
- A brand-new, state-of-the-art fishing dock and fish house, purpose-built for a seamless catch-to-cleaning-to-packaging experience.
- One of the best boat fleets in the industry, powered by Wooldridge and ACI Boats — custom-built and custom-designed for the ocean conditions of Alaska’s Inside Passage.
- Upgraded off-grid infrastructure — including a state-of-the-art battery backup system, industrial-grade water purification, and expanded power capacity — that makes the lodge nearly its own power plant, delivering the round-the-clock reliability of a modern luxury resort even miles from the nearest grid.
- An upgraded Beaver seaplane that adds capacity and ensures more reliable resupply — a critical link for a lodge with no roads in, keeping everything from guests to gourmet ingredients arriving on schedule.
“What excites me most is how Pybus is evolving,” said Brie Poirier, Activities Director at Pybus Point Lodge. “We’re expanding well beyond the traditional fishing lodge. Between whale watching, bear and wildlife eco-tours, kayaking, and hands-on adventures for every age, we’re becoming a true family adventure lodge — a place where kids, parents, and grandparents all come home with a story. World-class fishing will always be at our core, but there’s never been more to the Pybus experience.”
Pybus Point Lodge is located on the remote southern edge of Admiralty Island National Monument in Southeast Alaska. Guests reach Pybus Bay by chartered float plane from Juneau.
The Resort started over 30 years ago as a simple fishing camp. Today, it is a full-service resort known for its all-inclusive luxury experience, world-class saltwater and freshwater fishing (halibut, salmon, and more), humpback whale watching, bear and wildlife eco-tours, custom-built boats, gourmet made-to-order dining, full-time guides, and modern amenities despite its remote setting.
For more information, visit https://www.pybus.com/ or book a trip.
About Pybus Point Lodge
Pybus Point Lodge is an all-inclusive luxury Alaska fishing lodge and eco-tourism resort on Pybus Bay, at the remote southern edge of Admiralty Island National Monument in Southeast Alaska. It’s genuinely off-grid — guests arrive by chartered float plane from Juneau — which is central to the experience. The island (which the Tlingit call Xootsnoowú, “Fortress of the Bears”) is home to about 1,600 brown bears – almost as many as all 49 other states combined.
Media Contact
Organization: Pybus Point Lodge
Contact Person: Media Relations
Website: https://www.pybus.com/
Email: Send Email
Country:United States
Release id:47158
The post Pybus Point Lodge Wins 2026 Tripadvisor Travelers’ Choice Award for Seventh Consecutive Year 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.
Press Release
Dr. Jinwoo Chae Appointed Anatolia Stone Korea Art Gallery Director
Anatolia Stone Korea Appoints Dr. Jinwoo Chae to lead its Art Gallery, bridging architectural materials with art and design.
Seoul, South Korea, 17th Jul 2026 — Dr. Jinwoo Chae has been appointed as the Director of the Anatolia Stone Korea Art Gallery and Senior Advisor of Anatolia Stone Korea (formerly Baukraft). This initiative presents a new appreciation for premium stone and tile through an art gallery that is open to everyone free of charge.

Dr. Jinwoo Chae, Director of the Anatolia Stone Korea Art Gallery
The appointment goes beyond a simple executive designation. It aims to create a new cultural space that integrates architectural materials with art and design, while making high-quality premium stone and tile products more accessible to the general public.
In his new role, Dr. Chae will oversee the operation of the Anatolia Stone Korea Art Gallery and the planning of cultural content. He will also promote the beauty and value of premium architectural materials through a variety of exhibitions and promotional activities that bring together architecture and art.

Anatolia has attracted attention in the global architectural materials market through its proprietary technologies that distinguish it from conventional tile manufacturing methods. By applying the world’s first patented stone scanning technology, the company precisely reproduces the depth and texture of natural stone while significantly reducing the repetitive banding patterns commonly found in conventional tiles, achieving a remarkably natural appearance that closely resembles genuine stone.
In addition, Anatolia products maintain the practical advantages of tiles, including ease of installation and maintenance, while faithfully capturing the three-dimensional character and luxurious texture of natural stone. As a result, the brand has earned high praise from architects and interior designers alike.
One of the company’s flagship products, AETERNA, is a premium full-size slab designed for kitchen countertops, islands, and feature walls. The product has received certification from the United States’ National Sanitation Foundation (NSF), recognizing its hygiene and safety standards. With exceptional hardness, scratch resistance, and high heat resistance that allows hot cookware to be placed directly on the surface, AETERNA also effectively inhibits bacterial growth, making it highly suitable for luxury residential and commercial spaces.
Another key product, MAJESTONE, is an innovative finishing material that preserves the distinctive three-dimensional texture of natural stone. Free from artificial repetitive patterns, it captures the authentic beauty of nature while utilizing a versatile “Ready-cut Tile” system available in various sizes, significantly enhancing flexibility in spatial design. These qualities have made MAJESTONE a preferred premium finishing material for hotels, luxury residences, and commercial developments.

Notably, Anatolia products are manufactured in İzmir, Türkiye, using environmentally friendly smart production systems. The company’s large-format full-size slabs are rapidly expanding their presence as premium finishing materials in high-end apartments and luxury commercial projects throughout South Korea.
The Anatolia Stone Korea Art Gallery is not merely a showroom for products, but a cultural space where architecture, art, and design converge. Visitors can directly see and experience a diverse collection of premium stone and tile products, making the gallery accessible not only to architects and design professionals but also to members of the general public.
Above all, the gallery operates as an open cultural venue where visitors of all ages can enjoy free admission. It is expected to become a unique destination where architectural materials can be appreciated as works of art and where visitors can discover emerging trends in spatial design.
Dr. Chae stated, “I hope the Anatolia Stone Korea Art Gallery will become a place where architectural materials are viewed not merely as construction materials, but as part of culture and art. We plan to introduce a variety of exhibitions and cultural content to support this vision. I also hope that not only professionals but ordinary visitors will feel comfortable visiting the gallery to experience world-class premium stone and tile collections firsthand.”
The Anatolia Stone Korea Art Gallery is located in the Hakdong-ro area of Gangnam, Seoul. Open on weekdays and Saturdays, the gallery welcomes visitors free of charge to explore world-class premium stone and tile collections and receive professional consultation.
Address: BAUCRAFT Building, 33 Hakdong-ro 26-gil, Gangnam-gu, Seoul, South Korea
Media Contact
Organization: Anatolia Stone Korea
Contact Person: Jinwoo Chae
Website: https://baukraftmall.cafe24.com/category/%EC%95%84%EB%82%98%ED%86%A8%EB%A6%AC%EC%95%84/64/
Email: Send Email
City: Seoul
Country:South Korea
Release id:47185
The post Dr. Jinwoo Chae Appointed Anatolia Stone Korea Art Gallery Director 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.
Press Release
Mountain Crane Services Appoints Spencer McAllister as Chief Financial Officer
North America’s premier crane, heavy lift, and heavy transport specialist also announces that Josh Chafin has been promoted from CFO to COO
United States, 17th Jul 2026 — Salt Lake City-based Mountain Crane Service, the 16th largest crane company in North America and a full-service heavy-lift, rigging, and heavy transport provider, today announced that it has appointed Spencer McAllister to the role of Chief Financial Officer (CFO). In a related announcement, Mountain shared that Josh Chafin, the company’s former CFO, has been appointed to Chief Operating Officer (COO).
“We are beyond thrilled to have Spencer join our team,” said Paul Belcher, CEO of Mountain Crane Service. “His appointment represents an exciting moment for our business. It’s a sign of growth and maturation. As we take on new and challenging projects and expand our fleet and footprint across the country, Spencer’s financial leadership will help us scale with the discipline that built this company.”
McAllister brings more than 25 years of financial management experience to Mountain. He most recently served as Treasurer of BMW Bank of North America, capping more than 20 years with BMW in finance and treasury roles. A CPA and Certified Treasury Professional (CTP), McAllister earned his MBA from the University of Utah and a Bachelor of Science in Finance from Brigham Young University.
Regarding Chafin’s new role, Belcher said, “We are delighted to have Josh take the reins as COO. This new responsibility reflects not just our confidence in him, but also our commitment to promoting internally and rewarding loyalty and success.” Chafin is credited with playing a critical role in guiding Mountain through a successful reorganization and positioning the company as an industry leader.
Founded in 2004, Mountain has experienced rapid, multi-industry growth and a rising national profile. Now employing over 500 people, the company mobilizes a 200+ unit crane fleet, an in-house engineering team, and seasoned field crews from its Salt Lake City headquarters and six regional yards, serving these core end markets:
- Wind energy — full turbine erection and EPC prime contracting on wind projects exceeding $100M, plus major component exchanges, O&M support, and repower programs.
- Industrial — plant maintenance, turnarounds, and transformer setting for facilities ranging from refineries to semiconductor fabs and data centers, plus specialty rigging and in-house ironworker and millwright crews.
- General construction — steel erection, precast tilt-ups, bridge girder setting, and tower crane erection and dismantle.
- Heavy haul and transport — moving oversized structures and equipment coast to coast.
Mountain operates branches across seven western states, including Washington, Oregon, Idaho, Montana, Wyoming, Utah, and Arizona. It became an authorized Tadano distributor after acquiring Lennon Crane and Equipment Company in 2025. Recent honors include an ACT Top 20 ranking, SC&RA awards for 10,000 incident-free hours and 2025 Rigging Job of the Year, and the inaugural 2025 North American Game of Cranes title. Belcher added, “All of our achievements are built on the foundation of our number-one priority, which is safety.”
For more information, visit https://mountaincrane.com/
About Mountain Crane Service
A family-owned company founded in 2004 with just a few cranes, Mountain has grown to be the 16th largest crane company in North America. From its Salt Lake City headquarters and six regional yards, Mountain delivers complex heavy-lift, rigging, and heavy transport projects for the wind, industrial, and general construction markets — on-time, prepared, and safety strong.
Media Contact
Organization: Mountain Crane Service
Contact Person: Media Relations
Website: https://mountaincrane.com/
Email: Send Email
Country:United States
Release id:47157
The post Mountain Crane Services Appoints Spencer McAllister as Chief Financial Officer 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.
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