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Dragonchain is the blockchain startup based by one of the world's largest conglomerates in the field of entertainments The Walt Disney Company. The Drangonchain company advances the protocol of the distributed register intended to clients whose activity is far from information technologies, but which want to use a blockchain for business objectives.
Dragonchain differs from others a blockchain protocols in the hybrid approach: a part of data which are stored in it is ciphered, and a part — is in a public access. Thanks to it the companies can control completely the confidential data, but at the same time have access to bitcoin and to others a solutions blockchain, it is told on the website of developers.
2017: Carrying out ICO
On October 2, 2017 primary placement of tokens (ICO) of Dragonchain company began. According to the results of this procedure which lasted month, was succeeded to sell all 238 thousand tokens (so-called dragons; the ticker is DRGN) for the amount about $13.7 million.
Besides, Dragonchain earned about $1.4 million during advance sales of the tokens. Thus, the company collected in total about $15.1 million means.[1]
It is supposed that this money will go for the commercial start of the Dragonchain blockchain platform planned for March, 2018.
It is interesting that the Disney company which founded Dragonchain did not begin to participate in ICO a blockchain startup.
 | Disney was very far-sighted and wanted to know how people use different technologies. We began to build things, about two years were required to build the platform — one of engineers of Dragonchain Joe Roets reported. |  |
2016
Initially Disney developed the Dragonchain project for internal use, but in 2016 the company published the source code of the protocol. Then for management of a startup the non-profit fund Dragonchain which began to build business on this platform was created, offering other companies the help in implementation a solutions blockchain on the basis of Dragonchain.
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