---
title: Why is Disney Creating a New Blockchain Platform?
description: Disney put together a new blockchain platform with an open source license.
---

[SecureWorld News ](https://www.secureworld.io/industry-news)

# [Why is Disney Creating a New Blockchain Platform?](https://www.secureworld.io/industry-news/why-is-disney-creating-a-new-blockchain-platform)

 Written by [SecureWorld News Team](https://www.secureworld.io/industry-news/author/secureworld-news-team) | Fri | Oct 28, 2016 | 7:00 AM Z

Disney put together a new blockchain platform with an open source license.

[ZD Net Explains:](http://www.zdnet.com/article/disney-yes-disney-becomes-blockchains-biggest-proponent/)

> Disney recently released a platform called Dragonchain, described in an [announcement](https://dragonchain.github.io/tech/2016/10/02/dragonchain-release.html) as "a distributed crypto ledger framework protocol that makes it easy to create cost-efficient business networks where virtually anything of value can be tracked and traded--without requiring a central point of control." The platform is provided with a modified Apache 2 open source license. A small team at Disney developed the blockchain platform internally in 2016.
> 
> The Dragonchain release notes that blockchain "will make all kinds of transactions transparent, more reliable, and easier to audit without centralized processing," providing "support for a smart contract language within a hybrid permissioned and public ledger network using a unique consensus algorithm with context based verification."
> 
> Bitcoin.com's Jamie Redman provides some [deeper observations](https://news.bitcoin.com/disney-dragonchain-interoperable-ledger/) on the Dragonchain platform, noting that "the framework is similar to many blockchain prototypes with features such as timestamping, block ID, hashing prior blocks, PoW/ PoS capabilities, and digital signatures." For its part, Dragonchain "gives various definitions for business verification, enterprise validation, network diversity, notarization, and public and proprietary checkpoints."

[View full post](https://www.secureworld.io/industry-news/why-is-disney-creating-a-new-blockchain-platform)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "SecureWorld News Team"
  },
  "dateModified" : "2016-11-16T18:46:35.953Z",
  "datePublished" : "2016-10-28T07:00:00Z",
  "headline" : "Why is Disney Creating a New Blockchain Platform?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 960,
    "url" : "http://cdn2.hubspot.net/hubfs/2221756/1.jpg",
    "width" : 1280
  },
  "mainEntityOfPage" : "https://www.secureworld.io/industry-news/why-is-disney-creating-a-new-blockchain-platform",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://cdn2.hubspot.net/hubfs/2221756/Logos/SWE/SWE_logo_full-long_forWHITEbackgrounds.jpg",
      "width" : 304.46954
    },
    "name" : "SecureWorld News"
  }
}
```