Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 2nd 5th
Score
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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Information expand
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Modular Focus (customized transaction rules, consensus algorithms, permissioning)
  • + Part of the Hyperledger Ecosystem
  • + Harnesses IoT technology to provide additional data
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
Cons
  • - Open source codebase
  • - Very young in development
  • - Still requires many bug fixes
  • - Codebase was just released open-source
  • - Still risky as main net is just releasing
  • - Two coin ecosystem and consensus algorithm still a risk as it is untested long-term.
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  Content  
  •  
Overview
Modular Blockchain Platform, released by Hyperledger and championed by Intel.

VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications expand
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  Crypto Assets  
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Cryptocurrency
None
VeChain Token (VET) and VeThor Tokens (VTHO)
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
No data
N/A
0.93
  Community  
  •  
Size of Developer Team
Moderate
Large
Large
  •  
Support Team / Community
Moderate. Some developer resources on Wiki and GitHub.
Large
Large
  •  
Partnerships / Alliances / Size
Moderate
Large
EEA - 150+ companies
  Updates  
  •  
Frequency of Updates
High
Frequent
High
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Future Planned Work
Bug Fixes
Main Net Rollout
v3.5
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  General  
  •  
Maturity
Sawtooth 1.0 released in Nov 2017
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
Live first in July 2015 (first public blockchain)

First stable release March 2016
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Governance
Linux Foundation - Hyperledger Project

On-chain Governance
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
Ethereum Developers
  •  
Enterprise Focus
Strong Focus
Core Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
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Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
SGX / PoET

All transactions are signed by known identities.
"Block Security Protocol" (BSP)
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
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Permissions
Permissioned, Permissionless depending on application
Permissioned Aspects
Permissionless
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Privacy
Configrable permissions for any node cluster within the network
Yes
Limited (zk-SNARKs, Ring signatures)
  Algorithms  
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Consensus
PoET
Dynamic, Pluggable Consensus Algorithms
Proof of Authority
PoW & PoS
  Efficiency  
  •  
Transaction Time
Fast
No data
Moderate
  •  
Block Confirmation Time
Varies
Fast
~12 blocks
  Development  
  •  
Proprietary Codebase
Open Source
Open source with proprietary applications
Open Source
  General  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public
Public with Private Forks
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Modularity
Modular Architecture. Incorporates IoT Sensors that can broaden the use case.
Yes
Generic, with DApp and Smart Contract support for wider applications
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Scalability
1000 TPS. Built to be scalable in the way that consensus algorithms can be changed, applications are separate from the core system, and transactions can occur in parallel.
50 - 10,000 TPS
limited by PoW

currently supports a maximum of 15 TPS
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Storage Capacity
Varies
Depends on implementation
Varies
TCO expand
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  Utilities  
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Energy Consumption
Low
Medium
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Varies
Easy
Hard
  •  
Difficulty to Use
Easy
Easy
Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Yes
  Pricing  
  •  
Cost to Use
Low-Moderate
Varies
Low
Integration expand
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  Licensing  
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Licensing
Apache 2.0
GNU Lesser General Public License v3.0
Varous licenses for different parts of code
  industry focus  
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Industry
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Python, JavaScript, Go, C++, Java
GoLang, C, Solidity, JavaScript, Java, TypeScript
Golang, C++, Rust, Python, Solidity
  Third Party Support  
  •  
API Support
Yes
Yes
Yes
Market Presence expand
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  Engagements  
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% share of engagements
No data
N/A
0.52
  Uses  
  •  
Number of Use Cases / Implementations
Moderate
Large
Large
  Industry Focus  
  •  
Retail
Yes
Yes
No
  •  
Finance
Yes
Yes
No
  •  
Logistics
Yes
Yes
No
  •  
Health Care
Yes
Yes
No
  •  
Government
Yes
Yes
No
  •  
Agriculture
Yes
Yes
No
  •  
Entertainment
No
Yes
Yes
  •  
Automotive
Yes
Yes
No

Matrix Score

  •  
  •  
  • The Linux Foundation
  • VeChain Foundation
  • Ethereum Foundation
  •  
  • 1 st
  • 2 nd
  • 5 th
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