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Dragonchain Introduces Business Facing Blockchain Platform

Matthew Hrones | Oct 06, 2017 | 14:15

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Blockchain technology continues to prove itself as one of the most secure record keeping and ledger system options currently on the market. The issue of malleable records continues to harm businesses that struggle with corruption and malicious third-party oversight. Blockchain technology can provide solutions to the problems faced by these companies.

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Blockchain as a Service, or BaaS, is also seeing a rise in popularity as more and more business look to integrate this groundbreaking new tech into their traditional systems. It has the ability to disrupt so many existing industries, and companies adopting it could find themselves as pioneers in their market in the coming years.

Making Blockchain as a Service Accessible

Dragonchain has introduced BaaS at scale for developers all over the world. It was initially built as the Disney Open Source Blockchain platform but later became Dragonchain. With well over three decades of development experience between them, the team behind Dragonchain is absolutely top notch. The project brings together experts from many corners of the crypto space and the end result is something truly special.

The three-pronged approach that Dragonchain has taken is what makes their platform truly unique. The first being their BaaS division, which allows for businesses to keep their data secure using a blockchain based system. It enables smart contracts along with server-less architecture for business. Unlike some smart contracts, Dragonchain has developed a platform on which to build smart contracts with very common programming languages, such as Java, Python, Node, and C#.

With #Dragonchain you retain complete control of your #data. Business logic and contract functionality is kept proprietary. #blockchain

— Stephan Horvath (@stephan_horvath) October 4, 2017

Dragonchain Incubator

The next piece of the puzzle is the incubator system for new blockchain tech startups. Dragonchain will dedicate resources and business expertise for new companies in the incubator. It lets new organizations get a foot in the door when it comes to getting their name out there and expanding their companies.

Dragonchain Marketplace

The final part of the platform is the marketplace. Using the native token of the system, Dragons, individuals, and businesses will have full access to pre-built smart contract templates, vendors, and experts who services are available to purchase. An entire library of knowledge and resources are readily available for anyone who needs help building their business

Dragonchain ICO

Dragonchain launched their ICO on Monday, October 2. selling Dragon ERC20 Tokens. Out of the total supply, 55% of the tokens will be available for public purchase. The sale is to last almost exactly one month, ending in the beginning of November. You can find out more about their ICO by visiting the official website.

What do you think of the Dragonchain platform? How will being able to code smart contracts using common programming languages help further the mainstream adoption of blockchain technology? Let us know in the comments below.

Images courtesy of Dragonchain, Shutterstock