Will V-Ray 5 Workstation licenses be assigned on a dongle? June 04, 2021 08:52 Updated No, V-Ray 5 works with Online Licensing only. Chaos no longer supports and distributes dongles. You can easily migrate to Online licensing before upgrading. Related articles Which licensing option is best and most economical for my business: perpetual or rental? I am unable to open the License Server page after Microsoft Windows 10 Creators Update was installed . How do I activate my online licenses?