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What is Dragonchain?
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 platform 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.
Dragonchain Market Price Ticker Chart
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Dragonchain Frequenty Asked Questions
Where does Dragonchain (DRGN) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Dragonchain currently ranks in position 420 out of the top 1000 cryptocurrencies. Another important factor in popularity is Dragonchain‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Dragonchain has a market cap of $ 40,037,380, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 618,653,491,301, Litecoin at $ 8,667,263,661, Ethereum at $ 224,958,740,469, Tether at $ 63,231,265,361, and XRP at $ 29,806,179,410.
What is the price of Dragonchain (DRGN) today (updated in realtime)?
The current price of Dragonchain is $ 0.108492 in USD. (The price in Euros is 0,090990 €; and the price in Bitcoin is Ƀ 0.00000300 BTC.)
How has Dragonchain (DRGN) performed recently?
Dragonchain‘s price has decreased in the last 24 hours by -8.62%. The change in price over the last seven days was -26.82%. The trading volume over the last 24 hours was $ 150,316. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Dragonchain‘s (DRGN) market supply?
The total circulating (available) supply of Dragonchain is 368,540,931 DRGN. The total supply of Dragonchain is 433,494,437 DRGN.
What is the 24 hour volume for Dragonchain (DRGN)?
The 24 hour volume of Dragonchain is $ 150,316.
What is Dragonchain (DRGN) official website?
Dragonchain‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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