Dragonchain (Disney backed) patent could spell trouble for chainlink!

Dragonchain (Disney backed) patent could spell trouble for chainlink!

By LockInTheValue | Lock in the Value | 17 Apr 2020


 

So as outlined here, the Disney backed cryptocurrency Dragonchain look to be making significant moves into Chainlink territory.

Dragonchain had a lot of hype in early 2018, it got hit hard by the bear market, but they have not gone quietly into the night. No. Dragonchain are incredibly active on social media and are making steps into television shows, where there will be a network show airing about the work at Dragonchain.

This obviously is different from almost every other cryptocurrency, and with Disney's backing you can see why.

Dragonchain is focusing on interoperability between multiple blockchains. They are focused on ensuring that the transfer of currencies from one blockchain to another can be completed. They are working on ensuring that the they are at the forefront of blockchain technology, and one April 1st, had a patent extended.

Their patent, which can be read about here: https://eternal.dragonchain.com/transaction/1c57d5c9-914f-4fd8-be56-bc668cef57bc broadens the already existing patent on interchain technology. There is a very real question here about if chainlink could become in breach of this patent. I would hope not, given the incredible work Chainlink is and has been doing, but Disney and Dragonchain are certainly starting to flex their muscles. 

What do you think, is the price of Dragonchain set to go to the moon? We believe so.

How do you rate this article?

2


LockInTheValue
LockInTheValue

I run a website called Lock In The Value. My focus is on ensuring that people can improve their financial situation through online earnings or cryptocurrency investments. We publish videos on our youtube channel discussing these ways.


Lock in the Value
Lock in the Value

Our team at lock in the value work to provide value to as many people as possible in terms of news about potential investments, ways to make additional income and hopefully different ideas that make people question their original thinking. We work to deliver valuable content to as many people as possible. We hope that you all enjoy and like what we produce and if not, please engage and discuss so we can discover if we were wrong in our thinking or you in yours. Take care and stay safe.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.