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ORC, The Dark Horse in OPEN Eco-Layout

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5 years ago

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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

CE-LINK Unveils 14-in-1 Dual Displays GaN Dock with TFT Display

Published

4 minutes ago

on

May 13, 2026

By

Dongguan, Guangdong, China, 13th May 2026 – CE-LINK, a global leader in connectivity solutions, has officially unveiled its latest innovation: the 14-in-1 Dual-Screen GaN Docking Station with TFT Display. Designed to combine real-time monitoring with intelligent power management, this advanced docking station enables smarter, more efficient device connectivity and power control.

Ultimate Video Experience for Creative Professionals

For video output, the dock features two HDMI ports, each supporting high-definition output up to 4K@60Hz. On Windows systems, Multi-Stream Transport (MST) enables dual displays with different content at up to 4K@30Hz, supporting efficient multitasking. For Mac users, Single-Stream Transport (SST) provides smooth mirrored output at up to dual 4K@60Hz, delivering the high-quality visuals required for creative workflows.

Extensive Port Selection Expands Connectivity

As an all-in-one connectivity dock, it offers a comprehensive range of ports. It includes three USB-C ports (one supporting 10Gbps data transfer, one supporting 100W power delivery, and one supporting both 10Gbps and 100W), along with four USB-A ports (one supporting 5Gbps, two supporting USB 2.0, and one supporting 18W QC 2.0 fast charging). 

The SD/TF card slot supports read/write speeds of up to 312MB/s for fast media transfers. A Gigabit RJ45 Ethernet port provides stable, high-speed wired networking, while the 3.5mm audio jack supports a 192kHz sampling rate for high-fidelity sound.

Robust Power Delivery with Smart Management

A 180W AC adapter powers the dock to ensure reliable, high-performance operation. Its four USB charging ports (three USB-C and one USB-A) deliver up to 160W combined output, allowing users to fast-charge laptops, tablets, smartphones, and other devices simultaneously, keeping every workstation fully powered.

TFT Display Enables Real-Time Monitoring

The integrated TFT display provides clear, real-time device status at a glance. It shows the connection status and video output resolution of two HDMI ports, along with the output power of each USB-C and USB-A charging port, and the total power across all four ports. This visual interface allows users to quickly monitor power usage, reduce the risk of overload, and manage devices more efficiently.

Powered by GaN Technology for Greater Efficiency

Built with next-generation GaN (Gallium Nitride) components, the dock supports up to 180W of input power and distributes up to 160W of output power across connected devices. Compared to traditional silicon-based solutions, GaN technology delivers higher efficiency, reduced heat, and improved stability, providing powerful performance while maintaining a cooler, cleaner desktop environment.

For more information about CE-LINK and its products, please visit www.ce-link.com or contact market@ce-link.com.

About CE-LINK

Founded in 2004, CE-LINK is a global provider of connectivity and power solutions, specializing in docking stations, cables, chargers, and consumer electronics accessories. With a strong focus on innovation, quality, and reliability, CE-LINK delivers OEM and ODM solutions trusted by leading brands worldwide, empowering modern work, gaming, and digital lifestyles.

Website: www.ce-link.com

LinkedIn: www.linkedin.com/company/ce-link

Facebook: www.facebook.com/CELINK.ELECTRONICS

YouTube: www.youtube.com/@ce-linkelectronics3909

Media Contact

Organization: CE LINK LIMITED

Contact Person: CE-LINK

Website: https://www.ce-link.com/

Email: Send Email

City: Dongguan

State: Guangdong

Country:China

Release id:44948

The post CE-LINK Unveils 14-in-1 Dual Displays GaN Dock with TFT Display 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

ZHENNENG Strengthens Global Leadership in Custom Stainless Steel Kitchenware Manufacturing

Published

4 minutes ago

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May 13, 2026

By

China, 13th May 2026 – ZHENNENG, a trusted name in custom stainless steel kitchenware manufacturing, is reinforcing its position as a global industry leader by delivering comprehensive OEM/ODM solutions tailored to the needs of modern brands. With over 35 years of experience, the company continues to support international clients with high-quality, customizable cookware designed to meet both functional and aesthetic demands.

A Legacy of 35 Years in Stainless Steel Excellence

Founded in the renowned stainless steel production hub of Chaozhou, Guangdong Province, ZHENNENG has spent more than three decades refining its manufacturing processes and expanding its product portfolio. Located in Hong Qi Cun, Caitang Town, Chao’an District, the company benefits from access to advanced industrial infrastructure and a highly skilled workforce.

Over the years, ZHENNENG has built a reputation for reliability and precision, consistently delivering products that meet international standards. Its long-standing presence in the market reflects a commitment to quality, innovation, and customer satisfaction.

Extensive Product Portfolio with 1,000+ Designs

ZHENNENG offers a diverse range of stainless steel kitchenware, with more than 1,000 designs that cater to various cooking needs and consumer preferences. From cookware sets and saucepans to specialized kitchen solutions, the company’s products are widely appreciated for their durability, performance, and modern design.

This extensive selection allows clients to choose from a wide variety of ready-made options or develop unique products that align with their brand identity. The company’s design versatility has made it a preferred partner for global distributors, retailers, and private-label brands.

Comprehensive OEM/ODM Customization Solutions

A core strength of ZHENNENG lies in its ability to provide flexible OEM/ODM services. The company offers a wide range of customization options, enabling clients to tailor kitchenware products according to their specific requirements.

Customization options include adjustments in size and thickness, a variety of color finishes, and multiple lid choices. This level of flexibility allows brands to create distinctive products that resonate with their target audiences while maintaining high standards of quality and functionality.

By aligning product features with branding strategies, ZHENNENG empowers its partners to stand out in competitive global markets.

Commitment to Quality and Precision Manufacturing

Quality remains a top priority for ZHENNENG. The company implements strict quality control measures throughout the production process, from raw material sourcing to final inspection. Each product is carefully crafted to ensure durability, safety, and performance.

ZHENNENG’s manufacturing expertise, combined with modern production techniques, ensures consistent results across large-scale orders. This dedication to excellence has earned the trust of clients worldwide and established the company as a reliable manufacturing partner.

Customer-Centric Approach and Global Reach

ZHENNENG places strong emphasis on building long-term relationships with its clients. The company works closely with partners at every stage of the product development process, ensuring that each project meets both technical specifications and market expectations.

With a growing international presence, ZHENNENG serves customers across multiple regions, providing efficient production and timely delivery. Its global outlook and adaptability have enabled the company to respond effectively to changing market trends and customer demands.

Innovation and Future Growth Strategy

As the kitchenware industry continues to evolve, ZHENNENG remains committed to innovation and continuous improvement. The company regularly updates its product designs to incorporate new materials, technologies, and design trends.

Looking ahead, ZHENNENG plans to expand its global operations, enhance its digital capabilities, and further optimize its manufacturing processes. The company is also exploring sustainable practices aimed at reducing environmental impact while maintaining production efficiency.

About ZHENNENG

ZHENNENG is a China-based manufacturer specializing in custom stainless steel kitchenware solutions. With more than 35 years of experience, the company provides comprehensive OEM/ODM services and offers over 1,000 product designs. Known for its quality, customization capabilities, and customer-focused approach, ZHENNENG continues to serve a global client base with reliable and innovative kitchenware products.

Media Contact

Organization: ZHENNENG

Contact Person: Zoey Xu

Website: https://www.zhenneng.com/

Email: Send Email

Contact Number: +8618029868181

Country:China

Release id:44946

The post ZHENNENG Strengthens Global Leadership in Custom Stainless Steel Kitchenware Manufacturing 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

moove.xyz Expands To Africa, South East Asia & Latin America To Drive Global Stablecoin Money Movement

Published

18 minutes ago

on

May 13, 2026

By

moove.xyz, the global Web3 fintech platform built for the permissionless and effortless movement of value, is expanding its reach across Africa, South East Asia, and Latin America to enable seamless cross‑border stablecoin payments for underserved markets. By allowing businesses, freelancers, creators, and entrepreneurs to get paid in stablecoins such as USDC and USDT across 30+ blockchains, moove.xyz is simplifying global payments in regions where traditional financial infrastructure remains costly, slow, and unreliable.

Hong Kong S.A.R., 13th May 2026 – Across emerging markets, volatile exchange rates, limited banking access, and expensive cross‑border transfer fees continue to hinder economic participation, often causing SMEs, freelancers, and creators to face delays, high FX spreads, and unpredictable settlement times when receiving international payments. moove.xyz addresses these challenges by offering a unified, non‑custodial platform that enables instant stablecoin payments, allowing users in Africa, South East Asia, and Latin America to preserve value, avoid local currency volatility, and access global markets with transparent, fast, and significantly lower‑cost on‑chain settlement—bypassing outdated correspondent banking systems entirely.

“Our mission at moove.xyz is to make global money movement effortless and accessible, especially in regions where financial inefficiencies hold people back,” said moove.xyz in an official company statement. “For freelancers, SMEs, creators, and entrepreneurs in emerging markets, getting paid should not mean losing value to FX spreads, delays, or intermediaries. With moove.xyz, users can get paid globally in stablecoins like USDC and USDT, instantly and with full control, regardless of borders or local banking constraints.”

moove.xyz supports 16,000+ cryptocurrencies across 30+ blockchains, enabling businesses, freelancers, creators, and entrepreneurs to accept stablecoin payments such as USDC and USDT on networks including Ethereum, Solana, Base, Arbitrum, Polygon, and Avalanche. With branded @moovehandles, universal QR codes, and payment links, users can get paid globally without managing wallet addresses or multiple chains, while benefiting from predictable fees, near‑instant settlement, full non‑custody, no KYC, and complete control over their funds.

As global commerce shifts toward digital and remote‑first models, efficient cross‑border payments are becoming essential infrastructure, and moove.xyz is emerging as a key enabler by bringing stablecoin‑powered payments to regions that need them most. By continuing to expand across emerging markets and enhancing its mobile and web platforms, moove.xyz aims to make global stablecoin payments as effortless as sending a message—supporting its long‑term vision to onboard the next billion Web3 users and make cross‑border money movement faster, cheaper, and accessible to everyone, everywhere.

About moove.xyz

moove.xyz is a global Web3 fintech platform built for the permissionless and effortless movement of value. We empower businesses and consumers anywhere to send, receive, stake, and swap any cryptocurrencies across any blockchains — all in one single platform.

We are one of the first Web3 fintech companies globally to innovate and build a full-stack crypto payments and decentralised finance infrastructure, enabling an integrated and comprehensive coverage across multi-chain wallet access, personalised wallet handles, cross-chain token swaps, embedded cross-chain transactions and a decentralised social financial network. Our key products include Moove Profile, Moove Send, Moove Receive, Moove Stake, Moove Swap, Moove Rewards, Moove Discover and more.

Our mission is simple — to create and distribute permissionless and effortless financial technology for the next 1 billion Web3 users. We fundamentally believe that the future of the movement of money and value shall be costless, borderless, permissionless, effortless, and built for everyone — and we’re building the ultimate Web3 fintech platform to make that future real.

Your money. Your move.

Media Contact

Organization: trustbanana

Contact Person: Sher

Website: https://trustbanana.com

Email: Send Email

Country:Hong Kong S.A.R.

Release id:44943

Disclaimer: This press release is for informational purposes only and does not constitute financial, investment, legal, or regulatory advice. Readers should conduct their own independent research and consult qualified professionals before making any decisions related to digital assets, cryptocurrencies, or financial services mentioned herein.

The post moove.xyz Expands To Africa, South East Asia & Latin America To Drive Global Stablecoin Money Movement 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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