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/#/

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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
Long Lake Camps Announces Exclusive 2025 Musical Theater Summer Program Featuring One-on-One Coaching – Limited Spots Remaining, Enroll Now!
A self-directed summer theater experience with expert guidance, immersive rehearsals, and unforgettable performances in the heart of the Adirondacks.
Dobbs Ferry, NY, 3rd July 2025, ZEX PR WIRE, Long Lake Camp for the Arts is proud to announce its much-anticipated 2025 Musical Theater Summer Program, offering teens ages 8 to 16 a unique and empowering experience rooted in full creative freedom and professional-level support. With enrollment now open and spots filling fast, families are encouraged to secure their teen’s place in one of the most dynamic performing arts programs available.
Set on a stunning 200-acre lakefront campus in New York’s Adirondack Mountains, Long Lake Camp has cultivated a warm and nurturing artistic community for over 55 years. The camp’s musical theater program remains a standout opportunity for young artists to grow in confidence, skill, and self-expression—all while crafting unforgettable memories through performance.
“Giving our campers full control over their program, with seasoned guidance alongside—not in front of—them, makes all the difference. They leave not only with polished scenes and songs, but with a profound sense of ownership over their artistic growth.”
In 2025, Long Lake is offering two immersive six-week sessions and three intensive three-week sessions. The six-week sessions begin on June 22 and July 14. The three-week sessions start on June 22, July 14, and August 4. Pricing and additional information are available on the camp’s official website.
What sets Long Lake’s musical theater program apart is its approach to growth and creativity. Campers are granted 100% choice in their training experience. Each performer decides which roles to pursue, what styles to rehearse, and how deeply to engage with specific skills, all while working under the guidance of experienced directors, choreographers, and instructors. This structure helps young artists develop their voice, presence, and style in ways that feel natural and personal.
Rather than forcing a one-size-fits-all curriculum, Long Lake empowers every camper to take ownership of their artistic journey. Whether they arrive confident and experienced or nervous and new to the stage, each camper is met with genuine care and mentorship that helps them thrive on their terms.
Through rehearsals, stage time, and structured lessons offered daily, teens are supported in strengthening their vocal abilities, sharpening their acting technique, and expanding their physical presence through movement and choreography. As they grow throughout the summer, campers become more comfortable not just in performance, but in themselves.
One parent shared that their child, once shy and hesitant, returned home from Long Lake transformed. “He stepped off the bus, standing taller and more confident than I’ve ever seen him. He told me, ‘I found myself on stage.’ That’s the power of Long Lake.”
The camp’s facilities include full performance theaters, rehearsal studios, and costume and set shops, providing teens with the experience of real production work while also maintaining a supportive and inclusive environment. Campers enjoy traditional outdoor activities in addition to rehearsals, from watersports, campfires, and talent nights.
Long Lake’s commitment to fostering independence and artistic discovery makes its programs not only impactful in the short term but lasting in the lives of its alumni. Many go on to continue their arts education or remain involved in theater throughout high school and beyond. What they take from camp is more than technical training—it’s self-assurance, lasting friendships, and the pride of creative accomplishment.
As spaces fill quickly for both session types, families are encouraged to register now to secure their preferred dates. With experience and a reputation built on trust, growth, and exceptional care, Long Lake Camp remains one of the country’s most respected summer programs for young artists.
About Long Lake Camp for the Arts
Founded in 1969, Long Lake Camp for the Arts offers immersive performing and fine arts experiences for teens in the Adirondack Mountains of New York. With a focus on camper-led training, supportive instruction, and a vibrant, creative community, Long Lake fosters personal growth, confidence, and a lifelong connection to the arts.
Contact Information
Address: 199 Washington Avenue, Dobbs Ferry, NY 10522
Website: www.longlakecamp.com
Phone: 914-693-7111 (no texts)
Text: 914-430-7535 (texts only)
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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
Nakuja Expeditions Reveals New Custom Safari Packages for Nature Lovers and Adventure Seekers
Nakuja Expeditions offers new custom safari packages that reaffirm the company’s role as a leader in the luxury safari space.
Morogoro, TZ, 3rd July 2025, ZEX PR WIRE, Nakuja Expeditions, a premier travel and tourism company specializing in tailor-made African adventures, has unveiled an exciting new lineup of custom safari packages designed for modern travelers who crave authentic wildlife experiences and meaningful cultural encounters. These new offerings reflect the company’s dedication to providing unforgettable journeys across Tanzania, Kenya, Rwanda, Uganda, and South Africa, with flexible itineraries catering to couples, families, solo travelers, student groups, and colleagues.
From tracking endangered mountain gorillas in Uganda’s Bwindi Impenetrable Forest to witnessing the iconic Great Migration in the Serengeti, Nakuja Expeditions’ updated collection of safaris is curated to immerse travelers in Africa’s breathtaking landscapes and rich biodiversity. Each itinerary is carefully designed by experienced local tour operators who bring deep regional knowledge and cultural insight to every journey.
Among the newly announced safaris are the popular 10-Day and 6-Day Tanzania Safaris, offering wildlife lovers a chance to explore Tarangire National Park, Serengeti National Park, the Ngorongoro Crater, and the idyllic beaches of Zanzibar. These tours blend classic big game viewing with relaxing downtime on the coast, perfect for both thrill-seekers and those seeking tranquility. Adventurers can also opt for the 9 Days Luxury Cape Town and Kruger Safari for South Africa’s luxury city experiences and world-class wildlife encounters.
Another standout is the 11-Day Private Safari in Tanzania and Kenya, taking guests from Hell’s Gate and Lake Nakuru to the legendary Maasai Mara and on to the Serengeti and Ngorongoro Crater. The itinerary offers a seamless transition between countries and ecosystems, giving travelers a front-row seat to the best of East Africa’s wildlife corridors.
For those drawn to Uganda’s lush terrain, the 6-Day Uganda Gorilla and Wildlife Safari delivers encounters with mountain gorillas, chimpanzees, and other species in Bwindi, Kibale, and Queen Elizabeth National Parks. Similarly, the 6-Day Rwanda Adventure Safari explores the volcanoes and savannahs of Rwanda with visits to Volcanoes and Akagera National Parks as well as Kigali, the country’s dynamic capital.
Adventurers can indulge in a luxurious 11-Day Rwanda Gorilla Safari Adventure, combining the serenity of Volcanoes National Park with top-tier game drives in the Serengeti and Ngorongoro Conservation Area. For wildlife migration enthusiasts, the company also features an 8-Day Wildebeest Crossing Safari, offering a dramatic view of nature’s most awe-inspiring spectacle.
“We believe that every traveler deserves an experience that speaks to their spirit of adventure,” said a spokesperson for Nakuja Expeditions. “Our new safari packages are more than just vacations, they are immersive, life-changing journeys crafted by locals who know Africa’s lands, wildlife, and cultures inside and out. Whether you’re watching a lion stalk its prey in the Serengeti, standing face-to-face with a gorilla in Rwanda, or watching the sun set over Ngorongoro, these are moments that stay with you forever.”
Beyond preset packages, Nakuja Expeditions prides itself on creating fully custom travel itineraries. Each journey can be adapted to individual travel styles, seasonal preferences, and special requests, allowing for a truly personalized African adventure. Whether it’s a luxury family safari or a romantic honeymoon, the team ensures each trip is as unique as the traveler embarking on it.
About Nakuja Expeditions
Nakuja Expeditions is a boutique travel and tourism company offering expertly crafted safari adventures across Tanzania, Kenya, Uganda, Rwanda, and South Africa. Known for their local expertise and commitment to personalized service, Nakuja Expeditions provides a diverse range of custom itineraries, including family safaris, romantic honeymoons, student expeditions, and wildlife migration tours. With a passion for connecting travelers to Africa’s natural and cultural heritage, Nakuja Expeditions turns ordinary trips into unforgettable journeys.
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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
Road Freight Transport Drives Growth in Azerbaijan’s Service Exports
Baku, Azerbaijan, 3rd July 2025, ZEX PR WIRE, For over two decades Azerbaijan has consistently worked to modernize and expand its transport sector, achieving significant results and elevating it to a new level. In recent years, the development of international transport routes has become especially important, leading to notable successes. The country’s long-term efforts to strengthen its transit potential are now having a major impact on the rapidly growing road freight sector.
A forward-thinking strategy and large-scale infrastructure projects have modernized the national road network and positioned Azerbaijan as a key international hub. The country now serves as a crossroads for important regional and transcontinental transport routes, including the increasingly significant Middle Corridor. This route holds great promise for Azerbaijan, which has seen remarkable growth in international road transit freight over the past two years.
Azerbaijan’s reputation as a reliable partner has grown thanks to its adherence to international agreements, improved driver training and enhanced service quality. These factors have increased trust among cargo senders and recipients enabling Azerbaijani carriers to gain a stronger position in international freight markets. Today, they not only dominate bilateral transport but also operate successfully between third countries, including those in Europe.
A key achievement has been Azerbaijan’s strengthened cooperation with the International Transport Forum (ITF). Due to its high performance and reliability Azerbaijan was elected President of the ITF for 2025–2026 and currently serves as First Vice President for 2024–2025. This reflects the international community’s trust and recognition of Azerbaijan’s leadership in transport.
In 2023, the ITF confirmed Azerbaijan’s full compliance with the Charter on Quality for International Road Transport, adopted in 2015. The Charter outlines requirements in business reputation, financial stability and professional competence. Azerbaijan’s freight carriers operating in more than 40 countries under multilateral ITF permits fully meet these high international standards.
Statistical data highlight the sector’s rapid growth. According to the Azerbaijan Land Transport Agency (AYNA), the market share of national carriers in bilateral international freight transport rose from 39% in 2021 to 49% in 2024 with 74,283 more trips completed. The number of freight shipments carried out by Azerbaijani transport operators to and from third countries increased from 13,979 in 2021 to 45,902 in 2024.
This growth translates into higher profits for local carriers and increased foreign currency inflow from service exports, contributing to the expansion of the non-oil economy. For example, while total road transit freight was 1.5 million tons in 2020, it reached 7.2 million tons by 2024. The largest annual increase occurred in 2022, with a 95% jump compared to 2021. In 2023, this figure reached 6.3 million tons.
The geographic scope of Azerbaijani carriers now stretches from the UK to Southeast Asia. Naturally, this growth has led to an increase in the number of freight trucks, drivers, support staff and mechanics. From 2021 to 2024, around 12,000 new jobs were created in Azerbaijan’s international road freight sector.
Digital technology has also played a key role, streamlining documentation, saving time, reducing paper use and ensuring transparency. A recent example is the use of electronic permits in freight transport between Azerbaijan and Turkey. Azerbaijan and Uzbekistan have also agreed to fully implement e-permits by September 1, 2025, and pilot shipments using the system have already begun.
In short, digitalization, infrastructure development and international cooperation have positioned road freight as a vital engine of Azerbaijan’s transport development and non-oil export growth.
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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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