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ORC, The Dark Horse in OPEN Eco-Layout

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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 OCs 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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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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Press Release

The Company That Gave Away More Than 1,000,000 in Funded Accounts—Here’s Why Traders Are Choosing This Prop Firm

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The Future of Prop Trading Starts HereWith more investors and traders turning to Global Forex Capital, the firm is becoming a major player in the proprietary trading space. Whether you’re an experienced trader or just starting your journey, GFC provides a unique opportunity to trade with real capital and turn your skills into profits.Are you ready to take your trading to the next level? Learn more about Global Forex Capital and start your evaluation today.

Orlando, Florida, United States, 4th Mar 2025 – In the competitive world of proprietary trading, few firms have made an impact as quickly as Global Forex Capital (GFC). In a bold move to support aspiring traders, the company recently gave away over 1 000,000 in evaluation challenge accounts and Instant Funding Accounts  through a massive ongoing giveaway. But that’s just the beginning—GFC is revolutionizing how traders access capital, offering funding programs that allow skilled individuals to trade without risking their own money.

A Unique Opportunity for Traders

Global Forex Capital provides funding programs designed to help traders unlock their potential. The process is simple: if you can prove your skills by passing a straightforward two-phase evaluation, you gain access to real trading capital—without putting your own money on the line.

Here’s how it works:

• Traders receive a demo account with their chosen capital (e.g., 100,000).

• In Phase 1, they must generate 8% profit while maintaining risk management rules (no more than 5% loss per day or 12% overall drawdown).

• In Phase 2, the goal is 5% profit under the same conditions.

• Each phase requires a minimum of five trading days.

• Once passed, traders receive a fully funded account and can withdraw 80% of the profits every two weeks.

What Traders Are Saying

Many traders find GFC’s evaluation process clear, transparent, and fair—giving them a real chance to prove their abilities. Here’s what one trader had to say:

“I’ve tried multiple prop firms, but GFC stands out. The evaluation process was straightforward, and I didn’t feel like I was set up to fail. Now, I’m trading a funded account, and the profit splits are among the best in the industry.” – Daniel R., Funded Trader

The Vision Behind Global Forex Capital

According to Alex, COO of Global Forex Capital, the firm’s mission is simple:

“We want to bridge the gap between learning and profiting. Our flexible trading rules ensure that traders get a fair shot during the evaluation, and once funded, they can profit from their trading skills—without risking their own capital.”

With a model that prioritizes trader success and sustainability, GFC is quickly gaining recognition as one of the most promising proprietary trading firms in the industry.

The Future of Prop Trading Starts Here

With more investors and traders turning to Global Forex Capital, the firm is becoming a major player in the proprietary trading space. Whether you’re an experienced trader or just starting your journey, GFC provides a unique opportunity to trade with real capital and turn your skills into profits.

Are you ready to take your trading to the next level? Learn more about Global Forex Capital and start your evaluation today.

More info – www.globalforexcapital.com 

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The post The Company That Gave Away More Than 1,000,000 in Funded Accounts—Here’s Why Traders Are Choosing This Prop Firm appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

$895M Development Project to Break Ground in Chicago’s South Side

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Woodlawn, Chicago, United States, 3rd Mar 2025, Woodlawn Central, a visionary $895 million mixed-use development at 63rd and Dorchester, is moving forward with a newly announced joint venture for Phase One. Phillip Beckham III and Juan Saldana of P3 Markets have joined the project as development partners, while Bowa Construction, led by Nosa Ehimwenman, has been named construction manager and community partner.

5M Development Project to Break Ground in Chicago’s South Side

63rd St Metra Station Left to Right – Nora Ehimwenman (Bowa Constriction), J.Byron Brazier (Woodlawn Central),Phillip Beckham III (P3 Markets)

Phase One of Woodlawn Central will include:

  • A state-of-the-art hotel
  • The restoration and repurposing of the historic Metra Head House
  • 140 units of mixed-income premier residential housing

This joint venture represents a pivotal milestone in bringing the vision for Woodlawn Central to life—a community-first development designed to foster economic opportunity, protect cultural heritage, and promote sustainable growth in the Woodlawn neighborhood.

A Commitment to Community-Led Development

  1. Byron Brazier, Lead Developer of Woodlawn Central, emphasized the importance of aligning with partners who share the project’s mission:

“After extensive meetings and proposals, it was clear that P3 Markets and Bowa Construction embody the values of shared vision and respect for community development,” said Brazier. “Phil, Juan, and Nosa bring the expertise, commitment, and collaborative spirit necessary to make this transformative vision a reality.”

Self-Development Model Prioritizing Equity

Unlike traditional developments, Woodlawn Central is being self-developed by ACOG Ventures, the LLC entity of the Apostolic Church of God (ACOG), to ensure that the community remains at the heart of the project.

Dr. Byron T. Brazier, Senior Pastor of ACOG, reinforced this commitment:

“After many disappointing conversations with traditional investors and developers, we are more determined than ever to ensure that this project serves the long-term stability of both the church and the community,” said Dr. Brazier. “We refuse to support displacement in any form and remain steadfast in our mission to empower the residents of Woodlawn.”

Since its announcement in 2021, Woodlawn Central has stood as a model for equitable development in the Black community—proving that large-scale urban projects can be community-led while prioritizing transparency, collaboration, and cultural preservation.

5M Development Project to Break Ground in Chicago’s South Side

Close Up – Left to Right – J.Byron Brazier (Woodlawn Central), Phillip Beckham III (P3 Markets), Nora Ehimwenman (Bowa Constriction)

About the Partners

  • Byron Brazier – Lead Developer of Woodlawn Central, ensuring that the project aligns with long-term community interests.
  • P3 Markets – A mission-driven development firm, co-founded by Phillip Beckham III and Juan Saldana, specializing in projects that promote equitable economic growth.
  • Bowa Construction – A premier general contractor and construction manager based in Chicago. Known for achieving industry “firsts” on major projects like The Row, a 43-story high-rise in Fulton Market, Bowa continues to set new standards for excellence and innovation in construction.

 

What’s Next for Woodlawn Central?

Phase One of Woodlawn Central is set to break ground later this year, laying the foundation for a thriving hub of mixed-use living, commerce, and community engagement at 63rd and Dorchester.

For more information, visit woodlawncentral.com or info@socialcircleinc.com

Media Contact:

Jacinta Grandy

 jacinta@socialcircleinc.com

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Organization: Woodlawn Central

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Jacinta Grandy

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City: Woodlawn

State: Chicago

Country:United States

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Velotric Unveils the Nomad 2: All-Terrain Ebike Blending Power and Comfort

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United States, 4th Mar 2025, – Velotric, a leader in Ebike innovation, has unveiled the Nomad 2—a rugged, all-terrain electric bike built for thrill-seekers, off-road explorers, and everyday riders alike. Designed to power through challenging landscapes and city streets with equal ease, the Nomad 2 delivers unmatched performance, smart technology, and all-day comfort in a sleek, adventure-ready package.
 

“Sometimes the road less traveled is the better one,” says Adam Zhang, the CEO of Velotric. “Nomad 2 speaks to those who love the journey, and the occasional detour! Whether you’re climbing trails, hauling heavy loads, or simply cruising, our latest bike gives you the freedom to ride further, faster, and more comfortably than ever before.”
 

Built for Adventure, Engineered for Comfort

Next-Level Power & Performance

The Nomad 2 comes equipped with a 750W motor that boasts 90Nm of torque, delivering an exceptional ride that conquers steep hills and challenging off-road terrain with ease. Paired with 26 x 4.0″ Kenda anti-puncture tires and a 100mm hydraulic front fork, you’re guaranteed a smooth, stable ride, even when off-road.

Built to Carry It All

Whether you’re hauling gear, groceries, or towing heavy equipment, Nomad 2 has you covered. With a whopping 505 lbs payload and 1000 lbs towing capacity, take on any adventure with confidence. Plus, with up to 65 miles of range, Velotric’s latest entry ensures you can keep exploring, no matter how far your journey takes you.

Smart, Seamless Technology

With Velotric’s SensorSwap™ technology, Nomad 2 is adaptable any rider’s style, letting you easily switch between Torque Mode for challenging off-road terrain and Cadence Mode for effortless, long-distance cruising.

Riding Comfort Like Never Before

Designed with ComfortMax™, Nomad 2 delivers a ride that’s as easy on your body as it is on the eyes. Its ergonomic frame promotes an upright riding posture, reducing strain while keeping you comfortably in control. The extra-wide saddle, paired with a suspension seatpost, offers a plush, cushioned feel—even on longer rides.

Getting on and off is effortless, thanks to the 410mm low step-over height, while the adjustable stem and cruiser-style handlebars ensure a perfect fit for riders of all sizes. Up front, the 100mm hydraulic fork expertly absorbs bumps and shocks, turning rough trails into smooth paths.

Durability Meets Innovation

Built to withstand the elements, the Nomad 2 is IPX6 waterproof and features an IPX7-rated battery that can handle the harshest weather conditions. Whether in rain or taking on dusty trails, Nomad 2 is ready to roll.

Nomad 2 also proudly holds UL certification, ensuring that it meets the highest industry standards for safety and performance.

Out Now

With its innovative design, unrivaled performance, and cutting-edge features, the Velotric Nomad 2 sets a new benchmark for adventure-ready Ebikes. Ideal for those who demand power, comfort, and durability in one package, the Nomad 2 is perfect for adventure seekers, off-road enthusiasts, and long-distance commuters who need an Ebike that can do it all.

A bold reimagination of what an all-terrain Ebike can be. With the perfect balance of power, comfort, and smart technology, take on any path with confidence.

Built tough, ride free. Velotric Nomad 2 is available now via the Official Velotric website, or from authorized distributors.

Key Features at a Glance

  • 750W motor, 90Nm torque for optimal performance on steep inclines and rough trails.
  • 505 lbs payload capacity and 1000 lbs towing capacity for transporting heavy gear or trailers.
  • Up to 65-mile range on a single charge for long-distance rides.
  • SensorSwap™ technology to seamlessly switch between Torque Mode and Cadence Mode.
  • ComfortMax™ for unmatched riding comfort with an ergonomic frame, ultra-wide saddle, low step-over point, suspension seatpost, adjustable stem, and cruiser handlebar.
  • UL-Certified for safety and performance, tested in UL laboratory.
  • IPX6 waterproof bike and IPX7-rated battery for all-weather reliability.
  • Apple FindMy integration for added peace of mind.

About Velotric

Velotric redefines the Ebike experience with high-performance, comfortable, and accessible electric bikes designed for everyday riders and adventurers alike. Founded by industry veterans—including Adam Zhang, Lime’s hardware co-founder, Velotric brings together experts from leading brands like Lime, Giant, Specialized, and Decathlon to create Ebikes that blend innovation, style, and practicality.

Driven by a mission to revolutionize urban mobility and explore the great outdoors, Velotric designs Ebikes that make every journey effortless and exhilarating, all with a focus on simplicity, reliability, and superior design.

Committed to sustainability, innovation, and accessibility, Velotric is creating the future of electric biking—one ride at a time.

For more information, visit www.velotric.com.

Media Contact

Organization: Velotric

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Person:
Media Relations

Website:

https://www.velotricbike.com

Email:

press@velotric.bike

Contact Number: 13108723098

Country:United States

The post Velotric Unveils the Nomad 2: All-Terrain Ebike Blending Power and Comfort appeared first on
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