The Fastest Way to Deploy Applications
Dragonchain is the fastest way to enable blockchain technology, delivered as a platform that saves you valuable time building infrastructures.
- Time to innovation: Get started faster
- Blockchain development expertise is not needed
- Allows you to focus on the applications and products
Our Blockchain as a Service platform enables you to build new blockchain applications with improved developer productivity and unlocks new business strategies and innovative ideas. Our platform helps you develop on a fully managed platform that frees up your developers to build blockchain applications and smart contracts. Without having to think about consensus, security, or scalability.
The platform allows you to spin-up a private blockchain node in seconds. So you can start writing or using smart contracts right away. Delivered as a cloud-based service, it enables you to focus on your business, offering you savings, efficiencies, and expertise. It also reduces complexities and enables secure transactions for sensitive data by interoperability with other blockchains.
Why Waste Valuable Time Building and Managing Servers for Blockchain?
For businesses, transforming operations and systems with innovative and future-proof technologies can create substantial value. Which can translate into higher profits and greater scale. Dragonchain was originally developed in 2015 and 2016 as a project inside Disney and later open-sourced and commercialized in 2017. Dragonchain offers an innovative and flexible platform offering in the form of blockchain as a service. Dragonchain’s BaaS offering delivers the benefit of taking care of management tasks, provisioning, backup patching, and software updates.
- Increased efficiency
- Speed of transactions
- Reduction in operating expenses
Enterprises that are looking to use blockchain technologies often start with public blockchains like Ethereum. Simply because the ability to use smart contracts is appealing. However, enterprises quickly find the drawbacks with Ethereum.
- High transaction costs
- Non-immutable contracts
- Sensitive data cannot adhere to privacy requirements
- Existing developers have to learn Solidity instead of coding in the languages they already know for years
Sensitive data saved on public blockchains often rely on encryption as its only protection. The problem with relying on encryption to store sensitive data on public blockchains is that encryption weakens over time and will expose data. Data stored on a public blockchain cannot adhere to GDPR regulation due to data immutability.
The Need for Private Blockchains
Businesses need to store sensitive data and meet privacy requirements. To solve this, enterprises should use private blockchains to store data to adhere to security and privacy requirements.
Dragonchain Deploys a Hybrid Model
Dragonchain is a private blockchain delivered as a service and deployed in a public/private hybrid model.
Verify sensitive business logic using Dragon Net, Dragonchain’s 5 level consensus mechanism, where transactions start private and verified through Dragon Net. To move data or logic from private to public or from centralized to decentralized, Interchain can be used.
Interchain is a Smart Contract which allows Dragonchain blockchains to connect with external blockchains (e.g. Ethereum, etc.). Some of the interchain’s capabilities include:
- Watching the transactions on a chain and/or address of the user’s choice
- Firing smart contracts on Dragonchain or other public chains
- Moving tokens or currency on Dragonchain or other chains
- Using a public chain for a transparent process of selective parts of the user’s business logic.