What Dragonchain does

Dragonchain is a Bellevue, Washington-based enterprise blockchain platform company founded in 2014 at The Walt Disney Company as the "Disney Private Blockchain Platform" and open-sourced in 2016 under Founder and CEO Joe Roets. The company offers a hybrid public/private blockchain architecture that keeps sensitive business data under enterprise control while anchoring proof to public networks including Bitcoin, Ethereum, Ethereum Classic, and Binance Smart Chain. Its core technical stack includes Docker-deployed containerized smart contracts executable in any programming language, Context-Based Verification consensus, quantum-safe encryption (AqedProof), and three granted US patents covering Interchain interoperability, Proof of Time (TIME), and Enterprise Smart Contract Orchestration.

The platform monetizes through managed Blockchain-as-a-Service subscriptions starting at $99/month, custom enterprise development services, deterministic transaction fees as low as $0.0000025 per transaction, and the "Dragons" utility token used to purchase software licenses and services. Go-to-market is multi-motion: a self-serve developer console and SDKs (NodeJS, Python, Go, Dart) for product-led adoption, direct enterprise sales into regulated financial services, government, healthcare, and supply chain customers, and a community-led ecosystem built around ~700 Dragon Net validator nodes, the Den.social spin-off, GitHub open-source projects, a YouTube live show, and a Strategic Bounty Program offering up to $17,500 per project.

Named customers include Beaxy (US-regulated crypto exchange using Proof Systems for transparency and anti-fraud), Medek Health Systems (SafePass COVID-19 verification app), Snohomish County, Washington (Emergency Management System), Knowledge Perk (coffee supply chain IoT provenance), Den.social (decentralized social platform with 180M+ LOT NFTs), and MyFii (decentralized identity). The company has been recognized as Bellevue Chamber's Eastside Small Business of the Year (2019) and Tech Impact Awards Gold Winner in Blockchain by Seattle Business Magazine (2019), holds GDPR, CCPA, and HIPAA compliance positioning, and had its SEC enforcement action dismissed as part of broader 2020-2025 regulatory resolution.

Name

Dragonchain

Legal name

Dragonchain

Website

https://dragonchain.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Bellevue-based enterprise blockchain platform offering a hybrid public/private architecture with patented Interchain interoperability, containerized smart contracts, and quantum-safe encryption, serving financial services, government, healthcare, and supply chain clients.

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Platform

NAICS

Software Publishers (5132), Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

akta.pro secondary industries

Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)

Keywords

• Hybrid blockchain platform
• Blockchain as a service
• Smart contract orchestration
• Decentralized identity management
• Interchain interoperability

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Software Licenses: Dragonchain sells software licenses to its blockchain platform products (Blockchain as a Service, Smart Contracts, Proof Systems) purchased via Dragons (Dragonchain's utility token), cryptocurrency (Bitcoin, Ethereum), or cash. Pricing starts at $99 per month for managed infrastructure.
2. Development Services: Professional blockchain consulting and development services for custom implementations, from proof-of-concept to live production deployments. Includes assistance with smart contract development, system integration, and blockchain implementation strategy.
3. Transaction Fees: Low transaction fees as a revenue stream. Fees are deterministic and predictable, as low as $0.0000025 per transaction. Revenue scales with transaction volume on Dragon Net.
4. Dragons (Utility Token): Dragons are tokenized micro-licenses used to purchase Products and Services. Users purchase Dragons with cash, cryptocurrency, or as part of subscription. Dragons are not redeemable for cash.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels9 records

Core offering

Dragonchain provides a hybrid blockchain platform-as-a-service that enables enterprises and developers to build flexible, scalable blockchain applications using containerized smart contracts deployable in any programming language. The platform offers patented Interchain interoperability with public blockchains (Bitcoin, Ethereum, Ethereum Classic, Binance Smart Chain), quantum-safe encryption, and modular business applications including decentralized identity (Factor), anti-fraud and compliance suites, Proof Systems, learning management (Lyceum), Enterprise NFTs, and time-based loyalty (TIME). It is sold via managed cloud subscriptions starting at $99/month, enterprise on-premise deployments, and custom development services.

Product overview

Dragonchain offers a hybrid blockchain platform-as-a-service architecture with multiple integrated modules. The core Hybrid Blockchain Platform provides containerized smart contracts deployable in any language, quantum-safe encryption (AqedProof), and patented Interchain interoperability with public blockchains. Built on this platform are business applications including Lyceum (LMS), Factor (decentralized identity), and the Anti-Fraud/Compliance Suite, while Proof Systems provides chain-of-custody and compliance verification. TIME enables time-based loyalty programs, and Enterprise NFTs support scalable non-fungible tokens. The ecosystem includes Den, a decentralized social media spin-off, and a Strategic Bounty Program for developer community engagement. The platform was originally developed at Disney in 2014 and open-sourced in 2016.

Differentiator

Problem solved

Functional benefit

Brands

• Lyceum: Learning Management System providing traceable proof of course progress, completion, scoring, continuing education units, and certification.
• Factor
• Dragon Net
• Den
• SafePass

Products and services

• Hybrid Blockchain Platform Core enterprise and startup-ready hybrid blockchain platform providing containerized smart contracts deployable in any programming language, Docker-based deployment, Context Based Verification consensus, instant 5-second block processing, and interoperability with public and private blockchains. Available via cloud-hosted or on-premise deployment for developers and businesses.
• Lyceum (Learning Management System) Learning Management System providing traceable proof of course progress, completion, scoring, continuing education units, and certification on the blockchain. Designed for educational institutions and training providers needing verifiable credentialing.
• Factor (Decentralized Identity) GDPR and CCPA capable decentralized identity management platform that increases security, reduces risk of customer PII storage, and simplifies authentication. Separates identifying information into granular elements for selective sharing.
• Anti-Fraud and Compliance Suite Fintech compliance suite providing transparency and anti-fraud solutions for regulated financial institutions. Enables proof of regulatory compliance, data records, and selective transparency to internal employees, external third parties, regulators, and consumers.
• Proof Systems Chain of custody solution leveraging multiple blockchains to prove transactions occurred with measurable proof. Generates proof reports with Transaction Security Value (TSV) showing hash power applied to secure each transaction, protected by approximately $4 billion in measurable network energy annually.
• TIME (Proof of Time) Time-based loyalty and consensus system capturing a time-based score for blockchain balances. Rewards loyalty based on duration of holdings rather than transaction volume. TIME influences user access to features within the Dragonchain ecosystem.
• Enterprise NFTs Scalable and interoperable Enterprise-grade NFT solution allowing businesses to create, mint, and distribute NFTs with privacy while leveraging multiple blockchains for decentralized proof. Supports digital art, collectibles, event access, loyalty rewards, and authentication.
• Den (Decentralized Social Platform) Decentralized social media platform powered by Dragonchain's Enterprise NFT system. Enables content creators to grow and evaluate communities and build decentralized communities. Created over 180 million NFT-based Lair Ownership Tokens (LOT).
• SafePass (Medek Health Application) Privacy-first COVID-19 testing and vaccination verification application enabling employees to return to work safely. GDPR and HIPAA compliant, with all interactions secured on Dragonchain's hybrid blockchain and by Bitcoin/Ethereum.

Quantifiable outcome

• 260 million transactions processed on a single business system in 24 hours
• +5 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature11 records

Partnerships

Six partnerships are on record, tiered flagship, core and secondary.

• BeaxyflagshipStrategic or Co-development Partner · 1 August 2020Beaxy Exchange, a US-regulated cryptocurrency exchange based in Chicago, adopted multiple Dragonchain tools and services including Proof Systems, anti-fraud systems, and transparent order book integration. The operational partnership made Beaxy the most transparent cryptocurrency exchange in the world, with Dragonchain creating 15+ million proof-backed transactions per day, secured to Bitcoin and Ethereum. Dragonchain's patented interoperability and scalable architecture enabled full order book transparency without network congestion.
• Medek Health SystemscoreTechnology or Integration · 1 March 2020Dragonchain partnered with Medek Health Systems to deliver the SafePass application for COVID-19 pandemic relief. Dragonchain's hybrid blockchain provided privacy-first medical data management, with all interactions secured on Dragonchain and by Bitcoin/Ethereum. Medek Health selected Dragonchain to ensure personal medical data was respected and GDPR/HIPAA compliant.
• Snohomish County, WashingtoncoreTechnology or IntegrationDragonchain developed a functional Emergency Management System (EMS) prototype for Snohomish County, Washington, in 15 days. The blockchain-based system provides real-time tracking and traceability of medical supplies (test kits, ventilators, generators), with provable HIPAA-compliant decentralized identity and priority distribution capabilities.
• Knowledge PerksecondaryTechnology or IntegrationDragonchain partnered with Knowledge Perk, a premium small-batch coffee company in Rock Hill's technology incubator, to deliver a supply chain transparency solution in 2 weeks. IoT-enabled roasting data is captured on Dragonchain's hybrid blockchain with QR code product labeling for consumer verification of roast quality and origin.
• Den.socialflagshipStrategic or Co-development PartnerDen.social is a decentralized social media platform spun off from Dragonchain, demonstrating Dragonchain's Enterprise NFT capabilities at scale. Den has created over 180 million NFT-based Lair Ownership Tokens (LOT) using Dragonchain's platform, showcasing scalability, interoperability, and NFT-based community governance.
• MyFiisecondaryTechnology or IntegrationMyFii is an independent identity verification entity that works with Dragonchain's Factor decentralized identity solution. MyFii procures required KYC documentation and coordinates with identity providers to authenticate customer identities, then releases approval factors to exchanges. Exchanges can prove KYC without holding personally identifiable information.

Scale indicators11 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Cosmos (Interchain Foundation): Interoperable blockchain ecosystem using IBC protocol for cross-chain communication. Highly comparable to Dragonchain as both are explicitly built around interoperability between heterogeneous blockchains as a core value proposition.
• R3 Corda: Enterprise distributed ledger platform purpose-built for regulated financial institutions. Comparable as a permissioned blockchain targeting banks and financial services with interoperability focus and KYC/AML-friendly architecture.

Emerging players

• Chainlink: Decentralized oracle network connecting smart contracts to off-chain data and legacy systems. Comparable as a middleware/interoperability layer bridging blockchain with enterprise systems, with strong enterprise positioning.
• Polkadot (Web3 Foundation): Multi-chain network enabling cross-chain interoperability and shared security via parachains. Comparable interoperability-centric architecture with enterprise parachain deployments.
• Polygon: Ethereum scaling and interoperability layer providing multi-chain bridges and developer tooling. Comparable as an interoperability-focused blockchain infrastructure provider with smart contract deployment capabilities.
• Kaleido (ConsenSys-backed): Enterprise blockchain-as-a-service platform for building consortia and production networks. Comparable as a BaaS offering targeting enterprises with self-serve onboarding and multi-chain support.

Broad incumbents

• Hyperledger (Linux Foundation): Linux Foundation's open-source enterprise blockchain umbrella (Fabric, Besu, Iroha). Directly comparable as a permissioned enterprise blockchain platform serving financial services and supply chain with consortium-style governance.
• ConsenSys: Ethereum software company offering Quorum (enterprise Ethereum) and developer tooling (Infura, Truffle, MetaMask). Comparable as an enterprise blockchain platform with strong smart contract and integration tooling.
• Hedera Hashgraph: Enterprise-grade distributed ledger with governing council including Google, IBM, and Boeing. Comparable as a permissioned-style enterprise DLT platform targeting regulated industries with low-cost transactions.
• IBM Blockchain: Enterprise blockchain services built on Hyperledger Fabric serving financial services, supply chain, and government. Comparable as a full-stack enterprise blockchain offering targeting large regulated institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/Dragonchain-Community
• YouTubeyoutube.com/c/DragonchainOfficial
• Xx.com/dragonchain
• Facebookfacebook.com/Dragonchaingang
• LinkedInlinkedin.com/company/dragonchain

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dragonchain