Presentation and definition of the crypto-currency Dragonchain (DRGN)

Presentation and definition of the crypto-currency Dragonchain (DRGN)

  • Name of the crypto-currency : Dragonchain
  • Symbol : DRGN
  • Where to buy Dragonchain ? Binance
  • Creation Date : 2016
  • White paper of Dragonchain
  • Web Site Dragonchain

Dragonchain, a hybrid platform

Dragonchain is a platform for blockchain hybrid. It was originally developed in Seattle by a group belonging to the company Disney, under the name of Disney’s Private Blockchain Platform. The objective of the project was to make easier access to the blockchain for business. This crypto-currency inspired by Bitcoin and Ethereum acts as an incubator. In October 2016, the platform became an open-source software and the foundation Dragonchain non-profit has taken over the source code to ensure the maintenance and management of the network.

The features of Dragonchain

The platform Dragonchain is similar to that of Ethereum and protects thanks to the blockchain the resources and data of a company. The network also allows users to launch their own projects blockchain and get the help of the community, through the ICO (Initial Corner Offering). The last feature of Dragonchain put forward is to help users to run smart contracts by giving them access to all the necessary elements. Members can also access libraries of models of smart contracts.

The purpose of Dragonchain

Dragonchain is thus intended to popularize the use of the blockchain for companies, facilitating their access to a greater number of individuals. The network also allows smaller projects to benefit from the infrastructure of Dragonchain to boost their launch.

The tokens

The network uses as tokens of Drgn, which are used in particular on Dragonchain fund of the ICO. It is not possible to buy tokens Drgn directly, it should first buy Bitcoin or Ethereum and the exchange via a trading platform.