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ORC, The Dark Horse in OPEN Eco-Layout

Published

5 years ago

on

Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.

When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.

As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.

DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.

OPEN – Bring a wider range of assets to DeFi

OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.

Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.

Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.

OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.

Open Swap – Decentralized Exchange

Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.

Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself.  Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.

Open Lend – Hybrid Lending Market

Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.

This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.

Open Stable – Asset Protocol Aggregation Platform

Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.

OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.

And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.

Open Link Oracle

OpenLink is the first distributed oracle on OC.

It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.

Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve OC’s interoperability with other blockchains to expand the Open financial ecosystem?

ORC – An ultimate solution to blockchain interoperability.

Open Reactor

Open Reactor – Cross-chain protocol

Open Reactor (ORC) is the first decentralized cross-chain solution on OC system and also the exclusive cross-chain protocol in OPEN system. It serves as a window for financial data and value exchange with external blockchains.

The core mechanism of ORC cross-chain solution is OrcVM, through which users can use BTC and ETH to generate OBTC and OETH on OnlyChain at 1:1 if asset security is guaranteed. Owing to the high-performance blockchain network of OC, users enjoy extremely low handling fees and high transaction speed.

ORC also allows users to transfer digital assets from OC system to other blockchain networks so that on-chain assets can be freely flowed, interacted and aggregated between different blockchains, thus bringing the entire cryptocurrency market back to its root.

The ORC cross-chain solution can be applied to any sub-application in OPEN system. That’s to say, in the years to come, ORC will be the exclusive channel for OPEN sub-protocol to expand its use scope and interact with other public chains. Its importance is beyond any doubt!

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

ORC Value Analysis 

  1. Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.

OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.

  • Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.

Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.

  • Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.

ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.

  • Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.

The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.

ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.

  • Push ahead with the rapid establishment of global financial integration or regional economic integration.

Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.

Conclusion

If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.”  Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”

About us

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

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Alex Jacob

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

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Press Release

GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

Published

6 hours ago

on

July 20, 2026

By

Auckland, New Zealand, July 20th, 2026, Chainwire

The Request for Proposal Regarding High-Specification Cryptographic Provenance

GLOBAL COMPLIANCE FRAMEWORK & THE 500-YEAR YIXING ZISHA TEAPOTS REAL-WORLD ASSET (RWA) LINEAGE 】

THE JUDGE ARCHIVE-LAB LIMITED (NZ) launches an international technical initiative to establish the definitive 500-year paradigm of Yixing Zisha Teapots. Centering on the “Genesis No. 001” masterpiece, this framework uses high-precision, 100-Megapixel Hasselblad digital scanning for permanent RWA (Real-World Asset) archival and codification, separating “500-year cultural lineage” from mere ephemeral narratives.

【 OFFICIAL ACADEMIC PROVENANCE & HISTORICAL CONTEXT 】

This initiative is anchored in five key institutional verifications:

1. LUO RE-POSIT(S) CENTURIES-OLD CHINESE ARTISTIC TRADITIONS OF ART WITHIN CONTEMPORARY FORMS, TECHNIQUES, AND IDEAS.

—— THE CLAY STUDIO COLLECTION (ACCESSED VIA EHIVE DIGITAL ARCHIVE, REF: PC311 | HISTORICAL OBJECT: YIXING TEAPOTS)

[ THE JUDGE ARCHIVE-LAB DATA COGNITION ] THE SOVEREIGNTY OF THE ENCOUNTER: 

THE ECHO OF 1999 IS LOUDER THAN THE SILENCE OF 500 YEARS. 

2. THE CREATOR, LUO XIAOPING, IS AN ELECTED INDIVIDUAL MEMBER OF THE INTERNATIONAL ACADEMY OF CERAMICS (IAC, GENEVA). 

HIS LIFE’S WORK REPOSITIONS CENTURIES-OLD CHINESE ARTISTIC TRADITIONS WITHIN CONTEMPORARY GLOBAL FORMS,

WITH SCULPTURES PERMANENTLY ENSHRINED IN THE WHITE HOUSE (USA) AND MUSÉE ARIANA (SWITZERLAND). 

3. LUO XIAOPING’S WORK REPRESENTS A PROFOUND SPIRITUAL DEPARTURE FROM THE PURELY ARTISANAL CONSTRAINTS 

OF TRADITIONAL CERAMICS… LUO HAS MASTERFULLY DISMANTLED THE ‘FUNCTIONAL ILLUSION’ OF THE UTILITARIAN OBJECT. 

—— JONATHAN MANE-WHEOKI (CNZM), FROM THE HISTORICAL 1999 AUCKLAND EXHIBITION CRITIQUES. 

4. CERAMICS MONTHLY (USA) 1999-2001 SPECIAL REVIEWS | VERDICT: BEYOND AESTHETICS; 

A MASTERCLASS IN GRAVITATIONAL DEFIANCE AND MATERIAL EXTREMES. 

5. HISTORICAL ARCHIVE [1999-2000] | TOPIC: MY WAY | THE SLAB CONSTRUCTION OF LUO XIAOPING 

CONTEXT: 

APT3 CONTEMPORARY ART REVIEW (AU/NZ). 

|VERDICT: THE RE-POSITIONING OF 

500-YEAR CHINESE TRADITION.

【 INSTITUTIONAL INTAKE & GLOBAL MEDIA PROCUREMENT 】

THE JUDGE ARCHIVE-LAB LIMITED initiates global media procurement for this 500-year archival ledger, with opportunities open for top-tier outlets under framework code TDP. High-spec digital/print dissemination slots available for competitive agency bidding.

* Direct Inquiries: wing@thejudge-lab.nz

【 TOKEN & CRYPTOGRAPHIC COMPLIANCE MATRIX 】

Decentralized parameters under the TDP framework are non-fractional, non-custodial Utility Protocol Keys (TDP) for identity logging, cryptographic verification, and programmatic media display synchronization. This digital archival process does not represent, convey, or imply any equity ownership, revenue-sharing, debt obligation, investment profit pooling, or commercial voting rights in THE JUDGE ARCHIVE-LAB LIMITED or Genesis No. 001. Public financial speculation and securities categorization are expressly disclaimed and legally refused under global financial sanctions.

ARCHIVE STATUS & PERMANENT SOVEREIGNTY:The ownership, provenance history, exhibition context, and material truth of this asset are physically verified and endorsed by the creator, Luo Xiaoping. The official abdication and decoupling of historical interpretive sovereignty are vested directly into the asset owner WING – THE JUDGE ARCHIVE-LAB LIMITED.

【 OFFICIAL RFP TECHNICAL SPECIFICATIONS 】

* Project Reference Specimen: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

* Material Authentication: Handcrafted Yixing Duan Clay / Gas & Wood-Fired Hybrid Firing

The 1999 Auckland Exhibition Luo Xiaoping Handcrafted Yixing Duan-Ni Teapot Specimen

* Procurement Framework Code: TPD

* Core Procurement Scope: Premium Print Media

MANDATORY TECHNICAL PARAMETER: Bidders and media networks must strictly review and utilize the 19MB lossless asset master, generated via Hasselblad 100-Megapixel technology and hosted on our official website (https://thejudge-lab.nz), as the technical metric and design specification standard for this evaluation.

【 ISSUER AUTHORITY 】

* Entity: THE JUDGE ARCHIVE-LAB LIMITED

* Auditor/MD: WING

* Official Gateway: https://thejudge-lab.nz

Contact

THE JUDGE ARCHIVE-LAB LIMITED
wing@thejudge-lab.nz
+64223653344

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Press Release

MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool

Published

7 hours ago

on

July 20, 2026

By

Mutsamudu, Comoros, July 20th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, announced the launch of a new Stock Futures campaign, offering users the opportunity to share $5,000,000 in SNDK Position Airdrops. The campaign is designed to empower users to seize opportunities in the US stock market by reducing trading costs and offering meaningful rewards.

Under the campaign, users can trade eligible products for 0 fees. New users can complete a series of simple tasks to earn rewards featuring popular stocks. Participants who trade Stock Futures during the campaign period will share the $5,000,000 in SNDK Position Airdrops.

This campaign reflects MEXC’s continued efforts to support users through its two core pillars, “0 Fees” and “Infinite Opportunities”. In addition, MEXC’s Stock Futures product offers round-the-clock volatility management and hedging capabilities, enabling 7×24 trading, alongside dynamic leverage of up to 200x and a broad range of popular assets from markets worldwide. Beyond Stock Futures, MEXC also offers RealStocks through its partnership with a regulated securities broker. Users can buy real US stock assets using USDT, with full shareholding rights, dividends, and stock benefits. MEXC will continue to enhance its products and reward offerings, exploring new ways to create value for users worldwide.

For full details and participation, visit the MEXC Stock Futures campaign page.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Contact

MEXC PR team
media@mexc.com

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Press Release

Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia

Published

8 hours ago

on

July 20, 2026

By

Dubai, United Arab Emirates, 20th Jul 2026 – Cosmo Tech, an international supplier of professional aesthetic and medical laser equipment, proudly announces the opening of its own branch in Dubai. The new division, located in one of the emirate’s key business zones, will serve as the headquarters for operations with clients and distributors across the Middle East, North Africa, and South Asia. The official website of the representative office is cosmo-tech.ae.

The decision to launch the Dubai office is driven by the rapidly growing demand for high-tech cosmetology and medical laser devices in the region. Cosmo Tech’s Dubai branch will provide a full service cycle: live demonstrations of equipment in its own showroom, professional training for doctors and cosmetologists, installation and commissioning, warranty and post-warranty maintenance, as well as prompt supply of consumables and spare parts.

A key competitive advantage of the company is its status as an official representative of leading manufacturers of aesthetic equipment. Cosmo Tech holds direct contracts with globally recognized factories, including MBT Laser, Liton Laser, ADSS, Honkon, UNT Tech, Sanhe Beauty, and New Angie. This enables the company to offer clients certified equipment with factory quality assurance and documentation adapted to regional requirements.
 

The Dubai branch’s product range covers all key areas of modern aesthetic medicine. Cosmetology clinics and medical centers can fully equip their treatment rooms with the following:

– devices for laser hair removal using diode, alexandrite, and Nd:YAG lasers;
– IPL / BBL photorejuvenation systems for correcting pigmentation, couperose, and improving skin quality;
– picosecond lasers for tattoo removal, pigmented lesion treatment, and carbon peeling;
– vascular removal lasers and 980 nm lasers for endovenous coagulation;
– equipment for RF lifting and microneedle RF lifting, stimulating skin tightening and collagen synthesis;
– SMAS lifting – high-intensity focused ultrasound for non-surgical face contouring;
– cavitation devices for non-invasive fat cell disruption;
– cryolipolysis machines for controlled cold exposure to adipose tissue;
– professional massage technologies: LPG massage and Endosphere devices for body contouring and lymphatic drainage;
– devices for mesotherapy (needle and needle-free), EMS therapy for muscle strengthening, and pressotherapy for improved microcirculation.

In addition, the Dubai branch maintains a comprehensive stock of all necessary consumables and components: handpieces, tips, optical elements, filters, service kits, and much more. This allows clinics to minimize equipment downtime and ensure uninterrupted operation of their treatment rooms.

“Opening a branch in Dubai is a crucial step in Cosmo Tech’s development. The Gulf region shows tremendous interest in advanced cosmetology solutions, and now we can offer not just equipment supply, but a full partnership: from staff training to technical support anywhere in the Middle East. Our showroom in Dubai is already welcoming its first visitors, and we invite clinic owners and distributors to personally evaluate the capabilities of our equipment,” commented a Cosmo Tech representative.

Cosmo Tech’s Dubai branch is open for cooperation with distributors throughout the Middle East, as well as directly with medical centers and cosmetology clinics. The company offers flexible partnership terms, training, and marketing support. You can browse the equipment catalog, schedule a demonstration, or submit a service request on the official website cosmo-tech.ae.

Contact:
Cosmo Tech Middle East
Dubai, United Arab Emirates
cosmo-tech.ae
+971547678060
info@cosmo-tech.ae

Media Contact

Organization: Cosmo Tech Middle East

Contact Person: Marketing

Website: https://cosmo-tech.ae/

Email: Send Email

Contact Number: +971547678060

City: Dubai

Country:United Arab Emirates

Release id:47287

The post Cosmo Tech expands into Middle East with Dubai branch serving MENA and South Asia 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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