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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.”

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

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Alex Jacob

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

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Press Release

South African Barefoot Footwear Brand Common Tread Launches in the United States

Published

2 minutes ago

on

July 15, 2026

By

United States, 15th Jul 2026 — Common Tread, the South African footwear brand specializing in barefoot-style shoes and sandals, has officially entered the U.S. market. The company’s full range is now available to American customers through its new U.S. storefront at common-tread.us, with domestic shipping and returns.

Barefoot footwear — shoes built with thin, flexible soles, zero heel-to-toe drop, and wide toe boxes that let feet move naturally — has grown from a niche running trend into one of the fastest-growing categories in footwear. Until now, most of that market has been served by European and American brands. Common Tread arrives with a different lineage: footwear shaped by South Africa’s long tradition of simple, durable leather sandals made for hard ground and hot climates.

“We’re excited to finally bring South African barefoot shoes to a US audience,” said Sarah McLaren, Chief Creative Officer at Common Tread. “Barefoot design isn’t a trend where we come from — it’s how shoes have always been made. Thin soles, honest leather, nothing your foot doesn’t need. Americans are rediscovering what that feels like, and we think they’ll recognize the real thing when they wear it.”

The U.S. store launches with Common Tread’s range of barefoot sandals and shoes— e.g., “leather sandals, everyday flats, and closed-toe shoes for men and women”. Every design follows the same principles: a foot-shaped last that lets toes spread naturally, a thin flexible sole that keeps the wearer connected to the ground, and minimal construction using “full-grain leather” ntended to last years rather than seasons.

The expansion follows sustained international demand. “American customers have made up a growing share of the brand’s international orders, previously paying high shipping costs from South Africa.” The new U.S. operation eliminates international shipping fees and customs delays.

“The brand plans to introduce new styles to the U.S. range throughout 2026.”

About Common Tread

Common Tread is a South African footwear company making barefoot-style shoes and sandals. Founded in Cape Town, the brand combines traditional South African sandal-making with modern barefoot design principles: wide toe boxes, zero-drop soles, and minimal construction built to last. The full range is available in the United States at https://common-tread.us.   

Media Contact

Organization: Common Tread

Contact Person: Sarah McLaren

Website: https://common-tread.us/

Email: Send Email

Country:United States

Release id:47125

The post South African Barefoot Footwear Brand Common Tread Launches in the United States 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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UK Airport Rides Sets a New Standard for Reliable, Comfortable, and Hassle-Free Airport Transfers Across the UK

Published

2 minutes ago

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July 15, 2026

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United Kingdom, 15th Jul 2026 — UK Airport Rides, a reputable name in private airport transportation, is proud to announce the continued expansion of its premium airport transfer services created to make travel easier, smoother, and more dependable for passengers across the United Kingdom. As more travelers seek convenient, punctual, and affordable transport to and from major airports, UK Airport Rides is responding with a service built around reliability, comfort, and customer care.

UK Airport Rides provides transfers to and from all major UK airports, including Heathrow, Gatwick, Stansted, Luton, London City Airport, Birmingham, Manchester, and Bristol with a growing network serving London and surrounding regions. The company delivers a practical solution for business travelers, families, tourists, and groups who want a dependable alternative to public transport, parking stress and last-minute ride uncertainty.

In an industry where timing matters, UK Airport Rides places punctuality at the centre of its service. Every transfer is carefully scheduled, and drivers track travel conditions to help ensure passengers arrive on time. For airport arrivals, the service includes flight monitoring so that pickups can be adjusted in line with delays or early landings. For departures, the team works to create a flawless journey from doorstep to terminal, helping travelers avoid unnecessary stress before a flight.

Our Company service is built on the belief that airport travel should be simple, safe and predictable. UK Airport Rides offers a range of vehicle options to meet different needs, from standard saloons for solo passengers to spacious executive cars and larger vehicles suitable for families, luggage-heavy journeys, and group travel. Clean, properly maintained vehicles and professional drivers reflect the company’s devotion to a high-quality experience right from start to finish.

A spokesperson for UK Airport Rides said the company’s growth reflects a clear demand for improved airport transportation in the UK.

“Travelers today want more than just a lift to the airport,” the spokesperson said. “They want peace of mind. They want a service that arrives when promised, a comfortable, clean vehicle, and a driver who understands the importance of the journey. UK Airport Rides was created to deliver exactly that. Our focus is on making airport transfers as smooth and reliable as possible, so customers can begin and end their trips with confidence.”

The company has also placed a strong emphasis on budget-friendliness and transparency. Many passengers are looking for transfer services that are both competitive and simple, without unforeseen charges or complicated reservation procedures. UK Airport Rides seeks to offer clear pricing and easy booking options so customers know what to expect before they travel. This commitment has helped the brand build trust with repeat customers and first-time users alike.

Business travellers, in particular, have welcomed the convenience of a private airport transfer service that can be booked in advance. For professionals on tight schedules, the ability to rely on a pre-arranged pickup reduces uncertainty and helps guarantee a more productive travel experience. Families also benefit from the added convenience, especially when travelling with children, luggage, or on early-morning as well as late-night flights. Tourists arriving in the UK can likewise enjoy a welcoming and hassle-free start to their visit.

UK Airport Rides also recognizes the growing importance of customer service in the transport sector. From the moment a booking is made, the company intends to offer clear communication, responsive support, and an easy-to-use experience. Passengers can expect punctual updates, courteous drivers, and a service approach that prioritizes comfort and professionalism. The company believes these small details have a significant impact on the overall journey experience.

As travel demand continues to recover and evolve, UK Airport Rides is presenting itself as a dependable partner for modern airport travel. The company’s service model is designed to meet the expectations of today’s passengers. who increasingly cherish convenience, flexibility and confidence in their transport arrangements. Whether traveling for business, family holidays, special occasions, or international connections, customers can rely on UK Airport Rides for an easy journey.

In addition to airport transfers, the company’s broader devotion to dependable private transport reflects a long-term vision to become one of the UK’s most trusted names in travel. By combining professional drivers, carefully maintained vehicles and a customer-first approach, UK Airport Rides is helping reshape what passengers should expect from airport transportation.

The company encourages travelers, corporate clients, travel agents and event organizers to examine its services and learn about the benefits of pre-booked airport rides. As UK Airport Rides continues to grow, its mission is evident: to deliver safe, punctual, and comfortable journeys that take the stress out of airport travel.

About UK Airport Rides

UK Airport Rides is a private airport transfer company based on Bath Road,  Heathrow, London and operating across the United Kingdom since 2022. We offer reliable transport to and from major airports and travel hubs. The company focuses on punctuality, comfort, customer service and transparent booking, helping passengers enjoy a smooth and relaxing travel experience. UK Airport Rides serves individual travelers, families, business clients and groups with a range of vehicle options suited to different journey requirements.

Related Links : 

Heathrow Airport Transfer : https://ukairportrides.com/heathrow-airport-taxi-transfer/

Gatwick Airport Transfer : https://ukairportrides.com/gatwick-airport-taxis/

Luton Airport Transfer : https://ukairportrides.com/luton-airport-taxis/

Stansted Airport Transfer : https://ukairportrides.com/stansted-airport-taxis/

London City Airport Transfer : https://ukairportrides.com/london-city-airport-taxi-transfer/

Media Contact

Organization: UK Airport Rides

Contact Person: Tom

Website: https://www.ukairportrides.com

Email: Send Email

Address:G20, 450 Bath Rd, London

Country:United Kingdom

Release id:47120

The post UK Airport Rides Sets a New Standard for Reliable, Comfortable, and Hassle-Free Airport Transfers Across the UK 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

Forex Expo Dubai Adds New Features for Verified Traders and Introducing Brokers

Published

32 minutes ago

on

July 15, 2026

By

Dubai, United Arab emirates, July 15th, 2026, FinanceWire

Expanding the Expo Experience

As preparations continue for Forex Expo Dubai 2026, the event is expanding its attendee experience while welcoming a growing lineup of exhibitors from across the forex and trading industry. 

Confirmed exhibitors include Super Elite sponsors GTCFX, Valetax, Xchief, Funding Pips, and Honor Financial, alongside Elite sponsors EC Markets, TMGM, Metaquotes, JustMarkets, FP Markets, PU Prime, Dprime, Funded Firm, VPFX, Aegeanlabs Software LLC, Eplanet, SGFX, FortressFX, UEXO, Moneta Markets, and CXM.

As the forex and trading landscape evolves, industry events are adapting to changing attendee expectations. Traders, introducing brokers, and business professionals are increasingly seeking practical learning, direct access to industry specialists, and meaningful business engagement. In response, Forex Expo Dubai is introducing dedicated programmes tailored to its key attendee groups.

Personalizing Experiences

Verified traders gain access to dedicated seminar sessions, the Traders Lounge, and Traders Clinic that offers one-on-one guidance from market experts. They can also pre-book meetings ahead of the event and explore exclusive onboarding opportunities from selected exhibitors. 

For Introducing Brokers, the dedicated IB Programme creates opportunities to connect with brokers, compare rebate options, and discuss partnership opportunities through face-to-face meetings. The IB Lounge and dedicated seminar sessions provide additional insights to help IBs strengthen their approach and grow their networks.

Expanding Opportunities for Engagement 

Beyond these dedicated programmes, Forex Expo Dubai will feature private meeting zones for one-to-one business discussions, networking lounges, coffee areas, and interactive experiences throughout the two-day event. Additional side events taking place before and after the expo will further extend opportunities for engagement across the trading community.

“We’ve seen a clear shift in what attendees expect from industry events,” said Niyaz Mohammed, Commercial Director at HQMENA. “People still come to discover new products and meet brokers, but they’re also looking for more focused learning and higher-quality business interactions. These new programmes have been introduced to create dedicated environments where traders and introducing brokers can engage in conversations that are directly relevant to their goals.” 

With an expanded exhibitor lineup and new attendee-focused initiatives, Forex Expo Dubai 2026 is set to offer a more personalised experience for both trading professionals and businesses, reflecting the changing needs of today’s global trading community.

About Forex Expo Dubai

Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, institutional traders, investors, payment solution providers, IBs, affiliates and online trading technology companies under one roof. The expo serves as a platform for industry dialogue, business networking, technology showcases and market-focused conversations shaping the future of modern finance.

Contact

Commercial Director
Niyaz Mohamed
HQMENA
Sales@hqmena.com

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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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