Dragonchain is a hybrid blockchain platform designed for small businesses, enterprises, and developers. It was initially developed within The Walt Disney Company in Seattle in 2014 by Joe Roets and later open-sourced in 2016. The platform allows integration with external blockchains and legacy systems through Interchain™, enabling the integration of third-party oracles, APIs, IoT, supply chain, and other business data. Dragonchain has demonstrated its interoperability by connecting to Bitcoin, Ethereum, Binance Chain, and Ethereum Classic through its Interchain™. It also offers the capability to easily migrate from off-chain to on-chain while remaining GDPR compliant. Developers can write their own smart contracts in various coding languages, including C++, Go, JavaScript, Java, Python, Ruby, Shell, C#, Hy, Rails, PHP, and others, allowing them to build blockchain applications on-premise or in multi-cloud environments. Notable features of Dragonchain include quantum encryption and signing, behavior systems, a 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 in a 24-hour livestream event, averaging over 1500 transactions per second. In the same year, Medek Health launched Covid SafePass with the City of Apopka, utilizing Dragonchain blockchain solutions in accordance with FDA guidance on Digital Health Policies and Public Health Solutions for COVID-19. Dragonchain has also developed several in-house solutions on top of the open-source platform, including Dragon Factor (decentralized identity), Den (decentralized social media), Provably Fair Contest System (contests, casinos, lotteries, giveaways), Lyceum (training courses and certificates on-chain), and Eternal (archiving, legal proof, predictions).

There is no mining involved in Dragonchain. Instead, the community acts as a decentralized validation, diversity, and notary service. Dragonchain holds patents related to loyalty and rewards on the blockchain. While enterprises develop 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 serve as public checkpoints to external blockchains such as Bitcoin, Ethereum, and Binance Chain. These Level 5 nodes can be managed by Dragonchain or the specific blockchain itself through a partner program, ensuring interoperability across all blockchains.

For community members running nodes, the rewards they receive are determined by the amount of TIME they apply to a specific level. TIME is a loyalty score associated with the DRGN token. Holding 1 DRGN in a non-exchange wallet automatically grants 1 TIME loyalty score per day. The greater the amount of TIME applied to a L2, L3, or L4 node, the higher the reward when the node is selected through the matchmaking process. Community members who secure Dragon Net's five levels of trust can join pooled nodes or run their own unmanaged nodes.