$ 0.057 -0.66%

Dragonchain (DRGN) Rank 371

Market Cap $24.51 M
Volume 24H 11030 DRGN
Open 24H $0.057
Low/High $0.056 - $0.059
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Mkt.Cap $ 24.51 M Volume 24H 11,030.00 DRGN
Market share 0% Total Supply 433.49 M DRGN
Proof type N/A Open $ 0.06
Low $ 0.06 High $ 0.06
Date Price Volume

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Obviously, this is a serious problem for many companies as they seek to implement blockchain technology. Dragonchain is a Disney Private Blockchain platform that offers a secure, flexible and business ready blockchain platform and ecosystem. Not only do we have a large global community that is excited about blockchain technology, we also have a growing international team. With offices in the Unites States, Singapore, United Kingdom, and more underway.

Dragonchain description

Documentation for Dragonchain on GitHub is roughly 15 pages long, with a first draft description of its capabilities. This includes development services for those unfamiliar with distributed ledger technology, default data protection, interoperability with other blockchains both public and private, and agnostic currency support. Dragonchain describes itself as a"chain of business magic." The developers claim that they have created"the safest, most flexible, ready-made business platform". Like many companies in the blockchain industry, Dragonchain serves its platform for companies that have heard about the benefits of blockchain technology, but are not sure how to implement blockchain in their existing systems. With this in mind, Dragonchain has created a secure, scalable, decentralized platform that can be implemented in any business.

Dragonchain description

Dragonchain is seeking a Customer Success Assistant to join our team to drive business development and customer acquisition. This is an entry level position and it will focus on building our customer base through various sales and customer relationship building activities.

Dragonchain description

Trading platform

Unlike Ethereum, EOS, and NEO which target all sorts of user, DragonChain aims to make blockchain solutions friendly for businesses. It’s also worth noting that smart contracts on DragonChain can be written in a number of well-established programming languages, while Ethereum only allows smart contracts to be written in Solidity. Dragonchain cryptocurrency is a digital DRGN token of the decentralized blockchain platform, which was created in 2014 by Walt Disney. Initially, this project was developed for internal use, but after the popularity of everything that is based on blockchain technology, the team decided to create an open source code. Dragonchain’s primary goal is ease of integration for those who understand blockchain technology, and for users who have yet to grasp the technology.

He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today. What Disney has in mind for this blockchain at the moment is anyone’s guess, but it’s pretty apparent the company is ready for the future of this technology.

Dragonchain description

Using propriety data and business logic with blockchain

Don’t get me wrong — as long as the development continues and results are shown this could turn out to be non-event. However, in such early stages I cannot ignore the way they handled what was considered one of their main USPs outside of Disney during the ICO and January ATH run. As of right now there are supposedly some projects working with DRGN, but with no involvement in the token sales, the DRGN holders also do not get probably the biggest perk they had before — discounts on these ICOs.

Dragonchain description

How much is 1 WTC to DRGN?

It seems the platform is keeping its software protocol open to adopting different criteria as time progresses. Dragonchain will adopt standards down the line, and follow the W3C Blockchain Community Group blockchain standardization process as well. Enterprises retain full control over their data when using the Dragonchain platform. Sensitive business logic and intelligent contract functionality are retained in the property.

Dragonchain description

The best thing about Dragonchain is definitely the squad behind it. Starting from the CEO Joe Roets and finishing on the rest of the group that counts almost 30 people, there is some serious talent in that room. You all know I am not a big fan of judging the experience by the previous companies (here we have mostly Disney and Microsoft), but everything else here looks just as good. A lot of team members, with Joe at the top, have some nice entrepreneurial background that is essential in a project that aims to target B2B sector.

This is also completely subjective but if I would be a potential partner company I would have problems with taking something called Dragonchain and that logo seriously. This “Disney-ish” vibe is a bit too strong, would’t mind a re-brand in the near future.

The possibilities here are basically endless and will provide a lot of flexibility to the platform in the long run along with other chains being implemented regularly. What would that development matters without solid technology that will bring the project to new heights? The main USP is the platform which does offer few strong and few yet unknown functionalities, that if delivered by the EOY, could actually trigger first adoption of the DRGN (alpha is already being tested). DRGN is still a very fresh coin but that December/January run definitely created a community that is one of the biggest forces in crypto today. We can argue if it is as toxic as the others I listed (probably not) or point fingers at people who shilled it from 5$ down to 40 cents, but that won’t change a thing.

  • With this in mind, Dragonchain has created a secure, scalable, decentralized platform that can be implemented in any business.
  • If large amounts of DRGN are held in order to increase users’ Dragon Scores, the coins will become scarce, increasing their price.
  • This includes development services for those unfamiliar with distributed ledger technology, default data protection, interoperability with other blockchains both public and private, and agnostic currency support.
  • Disney released the blockchain protocol with a modified Apache 2 open source license.
  • Dragonchain will adopt standards down the line, and follow the W3C Blockchain Community Group blockchain standardization process as well.
Dragonchain description

DRAGONCHAIN followed

You have to therefore be careful comparing the number of transactions on Ethereum with Bitcoin; by its very nature, Bitcoin typically has more transactions than that datapoint suggests. Naively comparing the UTXO to account based systems by transaction count is like watching motorway traffic and comparing the number of buses versus motorcycles to guess at how many people are making trips. Maybe there are the same number of buses and motorcycles – but each bus might have 50 people inside of it.

Dragonchain gives various definitions for business verification, enterprise validation, network diversity, notarization, and public and proprietary checkpoints. 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). The objective is to provide a significant cost and speed to market advantage​. These design attributes​ ​position​ ​Dragonchain​ ​for​ ​exponential​ ​growth​[2]. Dragonchain's core platform is built on a scalable serverless platform with built-in business data protection.

Dragonchain Price Index, Historical Chart and Market Cap

Dragonchain description

These projects are supported by an ecosystem of subject matter experts and blockchain enthusiasts. Dragonchain makes it easy to create transactions with value or data, and build blockchain solutions, all in collaboration with your existing IT infrastructure.

It began as Disney’s private blockchain platform that was later released as open source software. In 2017 it was taken over by Dragonchain Foundation (non-profit organization from Seattle) and from that moment it acts completely independently. Yes, a lot of team members do come from Disney but it does not mean it is currently backed by it.

Team Dragonchain - Flexible Public/Private Hybrid Blockchain Platform. Dragonchain simplifies the integration of real business applications onto a blockchain and provides features such as easy integration, protection of business data and operations, currency agnosticism, and multi-currency support. Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. Dragonchain is a platform with ties to Disney that makes it easy for developers to release blockchain-based apps using languages such as Java or Python.

Dragonchain’s multi-currency directive is probably the most interesting aspect. It’s quite possible the firm could issue “Mickey Mouse” tokens, with additional interoperability with assets like Bitcoin. Dragonchain market consists of an ecosystem of ready-made library smart contracts, qualified suppliers, specialized experts and incubated projects. This component provides enterprises with access to critical resources through the open market. Enable Dragonchain experts to design and implement solutions and integrations for transforming how you exchange data and deliver services at a micro level.

Dragonchain description

Additionally, the corporation could create loyalty points for patrons visiting Walt Disney resorts and theme parks. Or Disney could create blockchain-based programs for its fast lane feature within Disney theme parks. The platform could monitor ride times and the length of lines in order to create a more efficient process. The application could do a number of procedures including trading Disney issued assets, partnered services issuing tokens, and accepting existing cryptocurrencies such as Bitcoin.

Dragonchain description

It’s planning to gain from their existence, not fight them, by giving companies the opportunity to use the benefits from all the available blockchains. Hopefully the following review will give an honest take on it and maybe finally some people that are -80% on it will understand what their investment is actually planning to do. Redman has been an active member of the cryptocurrency community since 2011.

The amount of hype that DRGN is getting from the whole crypto community is not really justified in my opinion. Not because the tech or the team are lacking, because fundamentally Dragonchain is really strong. Let’s first deal with the most important part — Dragonchain is not backed by Disney anymore.

Dragonchain description