DragonChain Shares Takara, DragonNet, DragonDen, DragonFactor and Marketplace Blockchain Products
DragonChain Will ‘Re-Imagine Blockchain' With Seven New Products
As of the 10th of September, the enterprise blockchain ecosystem, called Dragonchain, will raise the metaphorical curtain on its new line of seven ‘innovative' products. Each one, according to the company, is designed to overcome some of the most critical issues which are limiting the blockchain industry, all of which will be announced at the Blockchain Conference in Seattle.
This announcement comes just weeks after Dragonchain's own Blockchain as a Service (BaaS) system moved from its earlier design stages to its now ‘production ready' alpha 1.0 stage, and reportedly marks the projects intendion of doubling down on the mission of promoting wide scale blockchain adoption across the world.
One of the aspects that is crucial to this mission is the public and private architecture that stands around the platform, and is intended to allow businesses to capitalize on the benefits of both permissioned and permissionless instances within blockchain.
Now, when it comes to the seven new products that Dragonchain is unleashing, they will be detailed below, and have been calculated to provide industry-sweeping solutions when it comes to transparency, security, and scalability when they finally launch on September 10th as a full alhpa, beta and a final launch by Q2 of 2019 at the very latest.
There are a great number of clients that wish to purchase cryptocurrency from otherwise small and illiquid secondary exchanges, where the matters of manipulation and market volatility may represent major hurdles for them.
As a solution to this, Takara's direct marketplace and smart contract offers prospective Dragonchain users the ability to purchase at an adoption-based price range, which is subsequently stabilized on a monthly basis; avoiding a lot of the relative instability . of secondary markets.
While the world of blockchain continues to move beyond, and evolve from its initially barebones infrastructure, enterprises from all walks of industries will demand ever more rapid onboarding for their own use.
In order to accomodate these enterprises, DragonNet permits businesses to make use of its blockchain-based transaction verifications, all without the significant time and costs otherwise associated with building their own mainnets.
DragonDen (Beta Launch)
There are few that may call for decentralization more than the social media world, which has been stung in a number of contraversial and infamous ways, this being from the erratic censorship, misinformation and repeated breaches of trust.
In order to counter this, DragonDen operates as a cryptocurrency-enabled social media platform, which incentivizes and encourages the circulation of highly reputable and trustworthy media standards.
DragonFactor (Q4 2018 Release)
DragonFactor offers a unique identity service, as it's one that offers users a GDPR-compliant, decentralized authentication system, allowing them to have far more autonomy over their data, and exercise control over who may have access to it.
Third parties may also set conditional criteria for blockchain-based outcomes. For example, only permitting transactions over a certain threshold to be conducted by verified customers.
Marketplace (Q4 2018 Beta Release)
Dragonchain is taking an additional step with these products by making its own foray into the growing gig economy with Marketplace, which will allow any user to seek professional counsel from vetted, highly certified experts in a wide range of fields, including cryptocurrency, marketing, legal, software development and recruiting.
Dragonscale (Q1 2019 Release)
In order to foster increased levels of industry-wide development, Dragonscale operates as an objective arbitrator and incubator for developers, connecting blockchain projects with investment capital, service providers, and other resources needed to ensure the growth of their businesses.
DDSS (Q2 2019 Release)
As the Dragonchain platform grows in scale, a Dragon Dats of Slumber Score (DDSS), will invariably become an integral aspect of the platform's operation. This system allows various token holders privileges based on their overall balance and length of holding, DDSS may gradually become a hotspot for manipulation, which is one of the reasons why Dragonchain has doubled down on a more robust time-tracking system.
According to Dragonchain's founder and CEO, Joe Roets, these various products are an offering that are calculated to truly push the rate of growth and adoption into a far more rapid state for a technology which is very much in its early stages. He reflected:
“Given the technology is still in its early stages, there is still a lot of potential for people to transform their industry with blockchain. There is a lot of talent and great ideas out there, but also some hesitation towards getting into the space. Our vision for Dragonchain is solving the biggest barriers to blockchain adoption for enterprises and businesses.”