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.
Four reusable devices recognised by two international juries for refined industrial design
United States, 29th May 2026, – Global vape brand ELFBAR said today that four products in its reusable pod system lineup have been honoured by the German Design Award and the International CMF Design Awards. The recognised devices are the ELFX Mini, ELFX 2, ELFA Master Stein and the ELFA pod system.
The German Design Award, organised by the German Design Council, named the ELFX Mini and the ELFA Master Stein as 2026 winners. The International CMF Design Awards, which evaluates excellence in colour, material and finish, recognised the ELFA Master Stein and the ELFX 2. ELFA Master Stein and ELFX Mini are now available in Germany.
The awarded lineup
The four products sit at the centre of ELFBAR’s reusable portfolio for adult smokers and ex-smokers looking for an alternative to combustible tobacco. The range spans compact entry devices through to the ELFX 2, which goes on sale in Germany in June 2026.
Each device shares a restrained visual language. Casing materials are selected for grip and longevity. Colour palettes are subdued. Branding is kept small. The shapes are contoured for one-handed use, and the surface finishes are tuned to feel calm in the hand. The ELFA Master Stein, named after the stein vessels of European drinking culture, uses a textured casing that references the heritage of stoneware and glass.
On the design approach
“Good design should feel confident, not loud,” said Becky Liu, Head of Industrial Design at ELFBAR. “With ELFX and ELFA, we focus on a clean-cut form, precision, and a calm material touch-feel to bring an elegant and intuitive user experience.”
The recognition follows a multi-year effort inside ELFBAR’s industrial design studio to move the brand’s product language away from the bright, single-use silhouettes that defined the early years of the vaping category. The company has been steadily replacing those formats in its lineup with longer-lived devices intended to look and feel more like other categories of mature consumer hardware.
Engineering details
Beyond the look of each device, the awarded products share a set of practical features that ELFBAR describes as central to its reusable design approach.
Pods are secured magnetically and click into place without alignment fuss. E-liquid levels are visible through windows on the casing, making refill timing intuitive. Status displays communicate battery and pod information at a glance. Airflow and power settings are adjustable on the relevant models, allowing users to shape the draw to their preference. Modular construction lets pods and cartridges be replaced rather than discarded, extending the useful life of each device.
For the ELFX 2 specifically, the upcoming launch introduces the new ELFX POD 2.0 cartridge generation. The generation adds a child lock, an upgraded airway designed for richer flavour, and a 5A leakproof system intended to keep e-liquid contained under everyday pocket and travel use.
The German context
The design recognition lands in ELFBAR’s largest European market. According to internal data, the brand leads the German pod system category with about 60 percent market share. Prefilled and refillable products — including the ELFX and ELFA pod systems and the ELFLIQ e-liquid range — now account for around 80 percent of the company’s shipments to Germany. Single-use formats, once a defining part of the category, no longer drive the brand’s German business.
European regulators have meanwhile sharpened their focus on disposable vapes and on packaging waste. Brands that can demonstrate genuine reusability, supported by replaceable components and durable design, are increasingly being separated from those that cannot. The awarded ELFX and ELFA products are positioned within that shift.
What comes next
ELFBAR said it plans to introduce the award-winning ELFX and ELFA designs to other European markets in due course, with the ELFX 2 leading the next wave from Germany in June 2026. Specific dates, pricing and channel availability will be confirmed market by market.
— ENDS —
About ELFBAR
ELFBAR is a pioneer in the global vaping industry. Since its inception in 2018, it has been providing a distinct and diverse vaping experience with innovation at its core. ELFBAR stays committed to youth access prevention and sustainable growth as a leading brand favoured and used by tens of millions of adult smokers and ex-smokers worldwide as an alternative to smoking. For more information, please visit elfbar.de.
Media Contact
Organization: HG INNOVATION LIMITED
Contact
Person: Michael Chen
Website:
https://www.elfbar.de/
Email:
marketing@elfbar.de
Country:United States
The post
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
United States, 29th May 2026, – The Evolution of Living in Style Arrives at the Crossroads of the World
NEW YORK, May 2026 — Global furniture brand OVIOS officially unveiled its latest collaborative masterpiece, AERO EVO, created together with Studio F. A. Porsche, on the iconic Nasdaq Tower in New York’s Times Square. The appearance marks a milestone moment for OVIOS as the brand continues to bring elevated contemporary living experiences to a global audience.
Displayed across one of the world’s most recognizable digital landmarks, AERO EVO represents far more than a furniture launch. It symbolizes the convergence of modern luxury living, aerodynamic artistry, and German precision engineering — all expressed through a new generation of sculptural furniture design.
Inspired by the concept “The Shape of Air,” AERO EVO was designed around the invisible flow of movement and fluid dynamics. Every curve, contour, and proportion reflects a philosophy of purity and functional elegance. The result is a seating experience that feels simultaneously futuristic, calming, and deeply human.
“The collaboration between OVIOS and Studio F. A. Porsche is not simply about creating furniture,” said the OVIOS design team. “It is about engineering a new lifestyle language — one where comfort, precision, and emotional design coexist seamlessly.”
At the core of the collaboration lies the shared vision of “The Evolution of Style.” OVIOS brings its signature philosophy of Living in Style together with the uncompromising functional aesthetics of Studio F. A. Porsche, creating a collection that transcends conventional home furnishing.
The AERO EVO collection will be strictly limited to 919 pieces worldwide, with each piece individually serialized and accompanied by a certificate of authenticity. The number “919” represents the relentless pursuit of refinement, symbolizing hundreds of iterations dedicated to achieving aesthetic and structural perfection.
“A single silhouette, redefined 919 times,” the campaign states. “Because Living in Style is not a destination, but a relentless pursuit of perfect balance.”
The Nasdaq debut also reflects OVIOS’s accelerating international growth and increasing influence in the premium home furnishings category. Known for blending accessible luxury with modern functionality, the brand has built a strong following across North America through its indoor and outdoor furniture collections.
With AERO EVO, OVIOS enters a new chapter — one that pushes beyond traditional furniture design and into the realm of emotional architecture, immersive living, and timeless modern aesthetics.
For more information, visit OVIOS Official Websitehttps://www.ovios-home.com/”Visit OVIOS official website for premium modern furniture collections”
Media Contact
Organization: ALWAYS OUTDOOR FURNITURE CO.,LTD.
Contact
Person: OVIOS
Website:
https://www.ovios-home.com/
Email:
support@ovios-furniture.com
Contact Number: 13234431788
Country:United States
The post
OVIOS x Studio F. A. Porsche Debuts AERO EVO on the Nasdaq Tower in Times Square appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
Four reusable devices recognised by two international juries for refined industrial design
United States, 29th May 2026, – Global vape brand ELFBAR said today that four products in its reusable pod system lineup have been honoured by the German Design Award and the International CMF Design Awards. The recognised devices are the ELFX Mini, ELFX 2, ELFA Master Stein and the ELFA pod system.
The German Design Award, organised by the German Design Council, named the ELFX Mini and the ELFA Master Stein as 2026 winners. The International CMF Design Awards, which evaluates excellence in colour, material and finish, recognised the ELFA Master Stein and the ELFX 2. ELFA Master Stein and ELFX Mini are now available in Germany.
The awarded lineup
The four products sit at the centre of ELFBAR’s reusable portfolio for adult smokers and ex-smokers looking for an alternative to combustible tobacco. The range spans compact entry devices through to the ELFX 2, which goes on sale in Germany in June 2026.
Each device shares a restrained visual language. Casing materials are selected for grip and longevity. Colour palettes are subdued. Branding is kept small. The shapes are contoured for one-handed use, and the surface finishes are tuned to feel calm in the hand. The ELFA Master Stein, named after the stein vessels of European drinking culture, uses a textured casing that references the heritage of stoneware and glass.
On the design approach
“Good design should feel confident, not loud,” said Becky Liu, Head of Industrial Design at ELFBAR. “With ELFX and ELFA, we focus on a clean-cut form, precision, and a calm material touch-feel to bring an elegant and intuitive user experience.”
The recognition follows a multi-year effort inside ELFBAR’s industrial design studio to move the brand’s product language away from the bright, single-use silhouettes that defined the early years of the vaping category. The company has been steadily replacing those formats in its lineup with longer-lived devices intended to look and feel more like other categories of mature consumer hardware.
Engineering details
Beyond the look of each device, the awarded products share a set of practical features that ELFBAR describes as central to its reusable design approach.
Pods are secured magnetically and click into place without alignment fuss. E-liquid levels are visible through windows on the casing, making refill timing intuitive. Status displays communicate battery and pod information at a glance. Airflow and power settings are adjustable on the relevant models, allowing users to shape the draw to their preference. Modular construction lets pods and cartridges be replaced rather than discarded, extending the useful life of each device.
For the ELFX 2 specifically, the upcoming launch introduces the new ELFX POD 2.0 cartridge generation. The generation adds a child lock, an upgraded airway designed for richer flavour, and a 5A leakproof system intended to keep e-liquid contained under everyday pocket and travel use.
The German context
The design recognition lands in ELFBAR’s largest European market. According to internal data, the brand leads the German pod system category with about 60 percent market share. Prefilled and refillable products — including the ELFX and ELFA pod systems and the ELFLIQ e-liquid range — now account for around 80 percent of the company’s shipments to Germany. Single-use formats, once a defining part of the category, no longer drive the brand’s German business.
European regulators have meanwhile sharpened their focus on disposable vapes and on packaging waste. Brands that can demonstrate genuine reusability, supported by replaceable components and durable design, are increasingly being separated from those that cannot. The awarded ELFX and ELFA products are positioned within that shift.
What comes next
ELFBAR said it plans to introduce the award-winning ELFX and ELFA designs to other European markets in due course, with the ELFX 2 leading the next wave from Germany in June 2026. Specific dates, pricing and channel availability will be confirmed market by market.
— ENDS —
About ELFBAR
ELFBAR is a pioneer in the global vaping industry. Since its inception in 2018, it has been providing a distinct and diverse vaping experience with innovation at its core. ELFBAR stays committed to youth access prevention and sustainable growth as a leading brand favoured and used by tens of millions of adult smokers and ex-smokers worldwide as an alternative to smoking. For more information, please visit elfbar.de.
Media Contact
Organization: HG INNOVATION LIMITED
Contact
Person: Michael Chen
Website:
https://www.elfbar.de/
Email:
marketing@elfbar.de
Country:United States
The post
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards appeared first on
Brand News 24.
It is provided by a third-party content
provider. Brand News 24 makes no
warranties or representations in connection with it.
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.
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards
OVIOS x Studio F. A. Porsche Debuts AERO EVO on the Nasdaq Tower in Times Square
ELFBAR’s ELFX and ELFA Pod Systems Win German Design Award and CMF Design Awards
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