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About DRGN

Dragonchain is it’s own hybrid blockchain platform for small businesses, enterprises, and developers. Originally developed inside The Walt Disney Company in Seattle in 2014 by Joe Roets, and then open-sourced in 2016. The public/private hybrid blockchain platform also allows integration with external blockchains and legacy systems through Interchain™, integrating third party oracles, API's, IoT, supply chain, and other business data. Dragonchain proved its interoperability in 2016 and is currently using its Interchain™ to connect to Bitcoin, Ethereum, Binance Chain, and Ethereum Classic. Easily migrate from off-chain, to on-chain, while remaining GDPR capable. Developers can write their own smart contracts in any coding language, such as C++, Go, JavaScript, Java, Python, Ruby, Shell, C#, Hy, Rails, PHP and others allowing them to build (decentralized) blockchain applications on-premise or in multi-cloud environments. Notable capabilities include quantum encrytion and signing, behavior systems, social forum and governance marketplace, predictive analytics and complexity science for supply chain management, and environmental tracking and accounting.On January 7, 2020, Dragonchain demonstrated over 250 million transactions over a 24-hour livestream event, averaging over 1500 transactions per second. Later that year Medek Health launched Covid SafePass with the City of Apopka, using Dragonchain blockchain solutions in line with the FDA guidance on Digital Health Policies and Public Health Solutions for COVID-19. Dragonchain also built several solutions in-house on top of the open source platform, including Dragon Factor (decentralized identity), Den (decentralized social media), Provably Fair Contest System (contests, casinos, lotteries, give-aways), Lyceum (Training courses & certificates on chain), and Eternal (archiving, legal proof, predictions). How to ‘mine’?There is no mining involved. The community acts as a decentralized validation, diversity, and notary service. One of the patents granted to Dragonchain revolves around loyalty & rewards on blockchain. While the enterprise develops their applications on a private Level 1 Business node, the Dragonchain community and selected partners run their own Level 2 Validation, Level 3 Diversity, and Level 4 Notary nodes. Level 5 nodes are the public checkpoints to external blockchains such as Bitcoin, Ethereum, and Binance Chain. Level 5 nodes can be run and managed by Dragonchain, or the specific blockchain itself through a partner program, bringing interoperability to all blockchains. For the Dragonchain community members who are running nodes, the amount of TIME each node runner applies to a certain level, determines their rewards.TIME is a loyalty score on top of the DRGN token. For each DRGN held in a non-exchange wallet, they receive 1 TIME loyalty score per day automatically. The more TIME someone applies to a L2, L3, or L4 node, the higher the reward granted when your node is selected through the matchmaking process. Community members securing Dragon Net’s 5 levels of trust can join pooled nodes, or run their own unmanaged nodes.

Dragonchain (DRGN) is a cryptocurrency launched in 2017. DRGN has a current supply of 433.49M with 370.77M in circulation. The last known price of DRGN is 0.040618581441 USD and is -0.001958220445 over the last 24 hours. It is currently trading on active market(s) with $1,315.28 traded over the last 24 hours. More information can be found at https://dragonchain.com/.

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DRGN Price Statistics
DRGN’s Price Today
24h Price Change
-$0.0019582204454.60%
24h Volume
$1,315.2878.25%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.000087334403
Market Dominance
0.00%
Market Rank
#988
DRGN Market Cap
Market Cap
$15.06M
Fully Diluted Market Cap
$17.61M
DRGN Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
DRGN Supply
Circulating Supply
370.77M
Total Supply
433.49M
Max Supply
433.49M
Updated Mar 21, 2025 4:01 pm
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DRGN
Dragonchain
$0.040618581441
$0.001958220445(-4.60%)
Mkt Cap $15.06M
There's nothing here for now
Australia Unveils Comprehensive Strategy for Digital Asset Integration
Australia Unveils Comprehensive Strategy for Digital Asset Integration
According to CoinDesk, the Australian Government has announced a comprehensive strategy to regulate and integrate digital assets into its economy, drawing inspiration from the European Union and Singapore. This initiative, detailed in a white paper by the Australian Treasury, aims to modernize the financial system by embracing tokenization, real-world assets (RWAs), and central bank digital currencies (CBDCs). While the government has decided against a retail CBDC for now, it views a wholesale CBDC and tokenized settlement infrastructure as crucial for enhancing market efficiency and expanding asset access. The Australian Treasury, alongside the Australian Securities and Investment Commission and the Reserve Bank of Australia, plans to conduct pilot trials using tokenized money, including stablecoins, to facilitate transactions in wholesale tokenized markets. The white paper suggests that markets for tokenized assets could potentially increase automation, reduce settlement risks, decrease reliance on multiple financial intermediaries, simplify trading processes, lower transaction costs, and provide broader access to traditionally illiquid assets. Additionally, the white paper outlines a licensing framework for crypto exchanges, referred to as Digital Asset Platforms (DAPs) in Australia. Operators of DAPs will be required to adhere to financial services obligations, such as capital adequacy and disclosure requirements, and must use third-party custodians for storing customer assets. The government also intends to address industry concerns regarding de-banking through its DAP licensing regime, facilitating better risk management engagement with banking partners. This anti-debanking initiative in Australia aligns with ongoing discussions in the United States, where U.S. President Donald Trump’s administration is witnessing Senator Tim Scott’s FIRM Act, which aims to prevent regulators from using 'reputational risk' to exclude crypto firms from banking access.
Mar 21, 2025 3:53 pm

Frequently Asked Questions

  • What is the all-time high price of Dragonchain (DRGN)?

    The all-time high of DRGN was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Dragonchain (DRGN) is 0. The current price of DRGN is down 0% from its all-time high.

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  • How much Dragonchain (DRGN) is there in circulation?

    As of , there is currently 370.77M DRGN in circulation. DRGN has a maximum supply of 433.49M.

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  • What is the market cap of Dragonchain (DRGN)?

    The current market cap of DRGN is 15.06M. It is calculated by multiplying the current supply of DRGN by its real-time market price of 0.040618581441.

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  • What is the all-time low price of Dragonchain (DRGN)?

    The all-time low of DRGN was 0 , from which the coin is now up 0%. The all-time low price of Dragonchain (DRGN) is 0. The current price of DRGN is up 0% from its all-time low.

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  • Is Dragonchain (DRGN) a good investment?

    Dragonchain (DRGN) has a market capitalization of $15.06M and is ranked #988 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Dragonchain (DRGN) price trends and patterns to find the best time to purchase DRGN.

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