Leverage Kentico's Licensing to license custom module

**** Same as in http://stackoverflow.com/questions/33922610/leverage-kenticos-licensing-to-license-custom-module

We've developed a Kentico module that we would like to license on a per site basis.

Has anyone else tried to leverage the in-built Kentico Licensing for this purpose?

What I'm thinking of is having a secure end-point on our server that would validate the domain/license of the Kentico site running the module.

E.g. If the domain/license does not exist in our servers the module won't run for the site.

Is this feasible?

Thanks,

P.