Dragonchain is a cryptocurrency platform that was initially developed by Disney in 2014, but later released as an open-source project. It aims to provide businesses with a secure and scalable platform for building and hosting decentralized applications (dApps) and blockchain solutions.
Dragonchain employs a hybrid architecture, combining public and private blockchain functionalities. This allows businesses to control the level of data privacy and encryption, enabling them to meet various regulatory requirements. The platform offers smart contract functionality, facilitating the development of automated and self-executing agreements.
Dragonchain ensures flexibility by supporting multiple programming languages, such as Java, Python, and Node.js, making it easier for developers to build applications on its platform. It also offers interoperability with other blockchains, allowing data and assets to be securely transferred between different networks.
The native utility token of Dragonchain is called DRGN. It functions as both a fuel for computational services on the network and a means of accessing various platform features. Holders of DRGN tokens can participate in the platform's governance through a decentralized voting system.
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