Press Release
PayRange Grows 1,325% to Rank in Top 100 Fastest Growing in North America on Deloitte’s 2020 Technology Fast 500™
PORTLAND, OR (November 17, 2020) – PayRange announced it ranked 83 on Deloitte’s Technology Fast 500
, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. PayRange grew 1,325% during the previous 3-year period.
PayRange’s Chief Executive Officer, Paresh Patel, credits the revenue growth to its passionate team that develops and markets innovative payment technology to an industry ripe for innovation. He said, “The automated retail industry, characterized by small ticket payments made traditionally with cash and coin, had been largely left behind by incumbent cashless payment providers. Recognizing the opportunity and leveraging our industry experience, we invented mobile payment technology designed specifically for this market that not only brought touchless payments to these machines, but also elevated the overall experience. We’re thankful to our customers for deploying our solution which is at the forefront of transforming an industry that has otherwise seen little payment innovation in over 50 years.”
“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, Vice Chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
About Deloitte’s 2020 Technology Fast 500
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About PayRange:
PayRange was founded by Paresh Patel, an unattended retail veteran, to provide operators and consumers with a simple and secure mobile payment and loyalty solution for laundry, vending, amusement, and other small ticket merchants. PayRange is the North American leader in mobile payments for unattended retail. Its investors include Matrix Partners, Nyca Partners, and GV. Find out more at: https://www.payrange.com

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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.
Press Release
BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet

The BTCD Foundation has announced the upcoming deployment of its proprietary Layer 1 blockchain infrastructure. This development marks the introduction of a new technical framework designed to support decentralized applications and secure digital transactions. The Foundation has confirmed that the Public Testnet is scheduled to open for user participation on February 15, 2026.
Technical Architecture and Infrastructure
The BTCD platform is engineered as an independent Layer 1 blockchain, distinct from token-based projects that rely on existing third-party networks. The core infrastructure utilizes a hybrid consensus mechanism combining Directed Acyclic Graph (DAG) and Proof of Stake (PoS) protocols.
This architectural design is intended to address common scalability challenges in blockchain technology. The technical specifications indicate a capacity for high-volume throughput, with initial testing targeting transaction speeds of over 10,000 transactions per second (TPS) while maintaining sub-second finality. The system is built to operate autonomously, providing a decentralized foundation for developers and users.

Testnet Deployment and Minting Mechanism
Beginning February 15, 2026, the BTCD Foundation will initiate the Public Testnet phase. This phase allows users to interact with the network’s minting protocol to test system stability and performance.
The minting process follows a programmed algorithmic schedule designed to test the network’s long-term sustainability over a projected 25-year timeline. The protocol includes technical halving events scheduled every 2.5 years to regulate the issuance rate of digital assets on the network.
Transition to Mainnet
The Testnet phase is a precursor to the official Mainnet launch, which is currently scheduled for May 15, 2026. The Foundation has outlined a technical migration plan wherein digital assets minted during the Testnet phase will be recognized on the Mainnet system upon its activation.
Ecosystem Development Roadmap
Following the Mainnet launch, the BTCD Foundation plans to deploy a suite of decentralized applications (dApps) integrated directly into the Layer 1 core. The technical roadmap outlines the phased release of nine specific utilities, including:
- Nexora: A decentralized communication protocol.
- Guardian DEX: A decentralized exchange interface.
-
WealthBook: A social networking platform integrated with blockchain identity verification.
Future updates scheduled for later in 2026 involve the integration of automated trading algorithms and asset management utilities.
About BTCD Foundation
The BTCD Foundation is a technology organization focused on the development of Layer 1 blockchain solutions. It aims to build a scalable, secure, and decentralized infrastructure to support the next generation of digital applications.
Testnet Access: http://btcd.foundation
Community Hub: https://t.me/btcdfoundation1
Media Contact
Organization: BTCD FOUNDATION
Contact Person: Mr. Alex – CEO
Website: https://btcd.foundation
Email: Send Email
Country:Panama
Release id:41440
The post BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet 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
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.
Press Release
BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet

The BTCD Foundation has announced the upcoming deployment of its proprietary Layer 1 blockchain infrastructure. This development marks the introduction of a new technical framework designed to support decentralized applications and secure digital transactions. The Foundation has confirmed that the Public Testnet is scheduled to open for user participation on February 15, 2026.
Technical Architecture and Infrastructure
The BTCD platform is engineered as an independent Layer 1 blockchain, distinct from token-based projects that rely on existing third-party networks. The core infrastructure utilizes a hybrid consensus mechanism combining Directed Acyclic Graph (DAG) and Proof of Stake (PoS) protocols.
This architectural design is intended to address common scalability challenges in blockchain technology. The technical specifications indicate a capacity for high-volume throughput, with initial testing targeting transaction speeds of over 10,000 transactions per second (TPS) while maintaining sub-second finality. The system is built to operate autonomously, providing a decentralized foundation for developers and users.

Testnet Deployment and Minting Mechanism
Beginning February 15, 2026, the BTCD Foundation will initiate the Public Testnet phase. This phase allows users to interact with the network’s minting protocol to test system stability and performance.
The minting process follows a programmed algorithmic schedule designed to test the network’s long-term sustainability over a projected 25-year timeline. The protocol includes technical halving events scheduled every 2.5 years to regulate the issuance rate of digital assets on the network.
Transition to Mainnet
The Testnet phase is a precursor to the official Mainnet launch, which is currently scheduled for May 15, 2026. The Foundation has outlined a technical migration plan wherein digital assets minted during the Testnet phase will be recognized on the Mainnet system upon its activation.
Ecosystem Development Roadmap
Following the Mainnet launch, the BTCD Foundation plans to deploy a suite of decentralized applications (dApps) integrated directly into the Layer 1 core. The technical roadmap outlines the phased release of nine specific utilities, including:
- Nexora: A decentralized communication protocol.
- Guardian DEX: A decentralized exchange interface.
-
WealthBook: A social networking platform integrated with blockchain identity verification.
Future updates scheduled for later in 2026 involve the integration of automated trading algorithms and asset management utilities.
About BTCD Foundation
The BTCD Foundation is a technology organization focused on the development of Layer 1 blockchain solutions. It aims to build a scalable, secure, and decentralized infrastructure to support the next generation of digital applications.
Testnet Access: http://btcd.foundation
Community Hub: https://t.me/btcdfoundation1
Media Contact
Organization: BTCD FOUNDATION
Contact Person: Mr. Alex – CEO
Website: https://btcd.foundation
Email: Send Email
Country:Panama
Release id:41440
The post BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet 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
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.
Press Release
Torch, LLC Launches TRCH Utility Token with Live Staking and On-Chain Referral Features on Torch-RWA Platform
Torch, LLC has launched its TRCH utility token alongside staking and on-chain referral features within the Torch-RWA platform. The release introduces user access tools and incentive mechanisms designed to support ecosystem participation while maintaining a compliance-focused framework and clear distinction between utility token functions and future regulated real-world asset offerings.
Ethereum-based token goes live alongside user portal, supporting participation in Torch’s real-world asset tokenization ecosystem.

Atlanta, GA 30338, Georgia, United States, 19th Feb 2026 – Torch, LLC (“Torch”) today announced the official launch of its native utility token, TRCH, and the activation of the staking and referral rewards programs. TRCH is designed to support platform access, fee functionality, governance participation, and ecosystem incentives across the Torch-RWA Tokenization Platform, a compliance-driven marketplace for tokenized real-world assets (“RWAs”).
The launch follows Torch’s earlier announcements introducing Torch-RWA and outlining TRCH tokenomics and an in-house token distribution module conducted exclusively through the Torch-RWA landing page—an approach intended to provide transparent, phased distribution and reduce dependence on speculative third-party exchange listings.
“Today we go live,” said Eric McClendon, CEO of Torch, LLC, “users finally have a simple way to own, hold, and use TRCH tokens while we continue building out our regulated, real-world asset tokenization infrastructure.”
What Launch Day Includes
With this release, users can:
- Participate in staking rounds offering time-based TRCH incentives
- Use unique referral links to receive additional TRCH when their contacts participate in the token distribution module
- Access the Torch Token Distribution Module
- Connect their wallet (Metamask, Trust Wallet, etc.)
- Get the TRCH token using USDC (ERC-20, Ethereum Network)
- View and manage TRCH balances
- Take part in early governance and signaling on specified protocol parameters
TRCH is an ERC-20 utility token designed to power the Torch-RWA Ecosystem. The TRCH smart contract has been independently audited by CertiK, a blockchain security firm, as part of Torch’s focus on security and transparency. Torch-RWA has been listed on CertiK Skynet’s Top Emerging RWA Projects Leaderboard, as reflected on publicly available platform data, even prior to the marketplace’s full launch.
Staking: Lock TRCH, Receive Protocol Incentives
Torch has activated a round-based staking program that lets TRCH holders commit their tokens for fixed periods in exchange for additional TRCH token incentives, paid from a pre-allocated rewards pool.
On launch day, the staking program includes the following round parameters:
- 30-day round – 22% APY, 5% early-exit penalty
- 90-day round – 33% APY, 5% early-exit penalty
- 180-day round –44% APY, 5% early-exit penalty
- 365-day round – 66% APY, 5% early-exit penalty
In practical terms:
- Users choose a round, lock a chosen amount of TRCH, and see protocol-defined incentives accrue programmatically for the length of the lock-up.
- Rewards are paid in TRCH and can be harvested at any time during the staking period without unstaking; principal remains locked until maturity.
- If a user decides to exit early, an automatic penalty applies, and both the principal and any remaining rewards are adjusted accordingly.
All staking activity runs through smart contracts that apply security functions to prevent reentries, time-lock, safe-math APY calculation, reward harvesting, and penalties for early unstaking. Any user can stake or receive staking rewards, and all transactions are logged on-chain for audit and reporting.
Staking incentives are protocol-based utility mechanisms and should not be interpreted as interest, guaranteed returns, or investment performance.
“Staking is our way of rewarding early adopters who are willing to commit to the ecosystem,” McClendon said. “It’s simple to understand—lock TRCH, acquire TRCH—and use it on the Torch-RWA Platform.”
Referral Program: On-Chain Rewards for Growing the Network
Alongside staking, Torch is launching the TRCH Referral Program, giving users a straightforward way to receive extra TRCH for helping expand the user base.
Key elements:
- Every user receives a unique referral link tied to their wallet when they connect.
- When someone uses that link, and acquires TRCH tokens through our token distribution module, the referrer receives an on-chain, one-time TRCH token reward.)
- The referral rate is set on a program-wide basis, currently targeted at 5%, and is capped globally so that referral rewards can never exceed a defined share of total supply.
The system prevents self-referrals, contract-address referrals, and circular referral chains, and all relationships and payouts are tracked on-chain. Administrators can disable abusive relationships while leaving legitimate referrals untouched.
Referral rewards are paid only in TRCH, do not accrue interest, and do not represent any guaranteed rate of return. They are simply one-time, programmatic token rewards for user introductions that result in successful TRCH token acquisitions.
“The staking and referral programs are designed to reward participation, not speculation,” McClendon added. “If you help grow the user community or commit your tokens for a period of time, the system recognizes that with transparent, on-chain TRCH rewards.”

Continued Focus on Compliance and Future RWA Listings
Torch emphasized that today’s launch does not change its regulatory posture: any future RWA security-token offerings on the Torch-RWA Tokenization Platform will remain subject to applicable securities laws, jurisdictional eligibility rules, and formal offering documentation. Participation will be limited to verified users in permitted jurisdictions, and transfers of any security tokens will be controlled through on-chain identity and compliance checks.
Torch has indicated that the anticipated launch date for Torch-RWA is expected to be within the next 3 to 6 months, although this timeline may be subject to change. This development aims to further enhance the ecosystem’s compliance-driven infrastructure for tokenized real-world assets.
An updated Torch-RWA Whitepaper, detailing the marketplace architecture, TRCH utilities, staking workflow, referral logic, and the separation between utility tokens and regulated RWA tokens, is now available on the Torch-RWA website. Interested participants are encouraged to review the full Torch-RWA Whitepaper before engaging with TRCH or any future RWA offerings.
About Torch, LLC and Torch-RWA
Torch, LLC operates Torch-RWA, a blockchain-based marketplace for the compliant issuance, trading, and revenue automation of tokenized real-world assets. Torch-RWA integrates regulated security-token standards, automated KYC/AML enforcement, decentralized governance, and programmable finance to provide institutional-grade digital infrastructure for RWA tokenization.
For more information, visit https://torch-rwa.com.
Contact them via
Email: Jason@jmfcommunications.com
Visit Torch-RWA through
X (Twitter): https://x.com/Torchrwa
Telegram: https://t.me/torch_rwa
Instagram: https://www.instagram.com/torch_rwa/
Media Contact
Organization: Torch-RWA
Contact Person: Jason Feldman
Media & Communications
Phone: (470) 626-1055
Website: https://torch-rwa.com/
Email: Jason@jmfcommunications.com
Corporate Office – Torch, LLC
1050 Crown Pointe Parkway
Suite 500
Atlanta, GA 30338
United States
Disclaimer(s)
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, tokens, or other financial instruments in any jurisdiction. Any future offering of securities or digital assets will be made only by means of applicable offering documents and only to investors who meet all eligibility, suitability, and regulatory requirements.
Digital assets and tokenized securities are speculative and involve a high degree of risk, including possible loss of principal. There is no assurance that any tokenization initiative, financing plan, or development described herein will be completed as contemplated or will achieve any particular financial outcome. Statements in this release that are not historical facts are “forward-looking statements” subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to risks and uncertainties including regulatory approvals, financing conditions, construction timelines, and market adoption of emerging technologies.
Media Contact
Organization: Torch, LLC
Contact Person: Jason Feldman
Website: https://torch-rwa.com/
Email: Send Email
Address:1050 Crown Pointe Parkway
Address 2: Suite 500
City: Atlanta, GA 30338
State: Georgia
Country:United States
Release id:41592
The post Torch, LLC Launches TRCH Utility Token with Live Staking and On-Chain Referral Features on Torch-RWA Platform 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
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.
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