Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. Over 20 use cases and applications were explored and documented publicly via the W3C community Group. The platformShow more [+] was later released as open source software under the Apache 2 license in October of 2016.
Dragonchain simplifies the integration of real business applications on a blockchain and provides features such as easy integration, protection of business data and operations, currency agnosticism, and multi-currency support.
The Dragonchain Foundation, a Non-Profit Corporation was created in January of 2017 to maintain ownership and responsibility of the open source code.
The Dragonchain team is now in the process of launching a commercial entity to build a serverless architecture blockchain platform. The combination of serverless and blockchain technologies is unique and tremendously valuable. The timing of the Dragonchain platform launch is highly strategic to benefit from explosive growth of cloud computing over the last few years and the emerging wave of Blockchain solutions entering proof of concept stage across enterprises.
The Dragonchain team will launch Dragonchain, Inc., as a commercial entity to provide an array of products and services to the community. Our vision supports areas of the market that are underserved with strong demand and projected growth in the blockchain industry ($7.7b by 2024) across an array of multi-billion dollar sectors such as Arts, Wine, Automotive, Legal, Digital Marketing, etc. These sectors and more will experience market disruption with blockchain capabilities shifting the value proposition into decentralized environments. Dragonchain platform will support these needs.
Dragonchain provides a commercial platform for application developers to rapidly and securely deploy Blockchain applications while maintaining existing language development environments (e.g. Java, Python, Node, C#, Go); a tremendous costing and speed to market advantage. The Dragonchain architecture is also designed to allow nodes to handle approval of transactions based upon five levels of network consensus to provide a spectrum of trust to data consumers; a level of security and flexibility unseen in the market by current blockchain solution providers. These design attributes position Dragonchain for exponential growth.
In addition, Dragonchain will provide project incubation as well as professional services with strategic partnerships to develop successful tokenization ecosystems focusing on long term value.
A DRGN is a tokenized micro-license for interaction with Dragonchain commercial platform services which captures legal guidance regarding US Securities law.