Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 5th 1st
Score
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  • Fully Supported
  • Limitation
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  • Information Only
Pros
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
Cons
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  • - Only centralized aspect is the Certificate Authority (CA) who issues certificates to eligible parties
  • - Support dependent on IBM’s help centre
  • - Still relatively young in development
  Content  
  •  
Overview
One of the first commercially viable Finance focused blockchain solutions. Uses 3 core products (xCurrent, xRapid, xVia) in order to facilitate cross border transactions, liquitiy, and payment processing
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Applications expand
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  Crypto Assets  
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Cryptocurrency
Ripple (XRP)
Ether (ETH)
None
  Logic  
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Smart Contract Functionality
No
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
0.33
0.93
93% (Hyperledger)
  Community  
  •  
Size of Developer Team
Moderate
Large
Large
  •  
Support Team / Community
Moderate
Large
Large. IBM has a direct support line.
  •  
Partnerships / Alliances / Size
Large
EEA - 150+ companies
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
  Updates  
  •  
Frequency of Updates
Quarterly
High
Frequent
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Future Planned Work
Cobalt Algorithm
v3.5
Scale into multiple industries
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  General  
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Maturity
Initially released in 2012. Whitepaper released in 2017 with commercial applications
Live first in July 2015 (first public blockchain)

First stable release March 2016
IBM unveiled its “Blockchain as a Service” offering in March 2017.
  •  
Governance
Ripple Labs
Ethereum Developers
IBM Proprietary BaaS Platform

Linux Foundation
  •  
Enterprise Focus
Strong focus, as their core product offerings cater to global banking solutions.
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong Focus. Major contributor to the Hyperledger Fabric project.
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Production Ready
Yes
Yes
Yes
  •  
Website
Website link
Link
Link
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  Security  
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Security model
Transactions are confirmed and validated through validator nodes.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
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Permissions
Permissioned
Permissionless
Permissioned
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Privacy
Transaction information on the ledger is public, but payment information is not.
Limited (zk-SNARKs, Ring signatures)
Private channels
  Algorithms  
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Consensus
Ripple Protocol Consensus Algorithm

70+ validators
PoW & PoS
Plugable consensus (PBFT)
  Efficiency  
  •  
Transaction Time
Fast
Moderate
Varies
  •  
Block Confirmation Time
TBD
~12 blocks
Varies
  Development  
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Proprietary Codebase
Open source with proprietary applications
Open Source
Hyperledger Fabric is open source. IBM Blockchain is a proprietary layer that sits on top of Hyperledger as a simple to use platform accessing the blockchain
  General  
  •  
Blockchain / DLT type
Permissioned Network, Public Architecture
Public with Private Forks
Federated / Consortium, Permissioned Network
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Modularity
Yes
Generic, with DApp and Smart Contract support for wider applications
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
  •  
Scalability
1500 TPS with potential of tens of thousands through Ripple Payment Channels
limited by PoW

currently supports a maximum of 15 TPS
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
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Storage Capacity
Large
Varies
500 transactions per block
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  Utilities  
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Energy Consumption
Low
Low
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Hard
Easy
  •  
Difficulty to Use
Easy
Moderate
Low
  Maintenance  
  •  
Required ongoing Support
Low
Yes
Yes
  Pricing  
  •  
Cost to Use
Varies
Low
Free starter version, then $1000/month + $1000/month for each peer deployed
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  Licensing  
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Licensing
ISC
Varous licenses for different parts of code
Apache 2.0
  industry focus  
  •  
Industry
Financial Services
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
C/C++, Java, node.js , Go
Golang, C++, Rust, Python, Solidity
Execution Runtimes (four are currently supported)
JavaScript SDK
Command Line Interface
REST Server
LoopBack Connector
Playground Web User Interface
Yeoman code generator
VSCode and Atom editor plugins
  Third Party Support  
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API Support
Yes
Yes
Yes
Market Presence expand
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  Engagements  
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% share of engagements
0.04
0.52
12% (Hyperledger)
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Large
  Industry Focus  
  •  
Retail
No
No
Yes
  •  
Finance
Yes
No
Yes
  •  
Logistics
No
No
Yes
  •  
Health Care
No
No
Yes
  •  
Government
Yes
No
Yes
  •  
Agriculture
No
No
Yes
  •  
Entertainment
No
Yes
Yes
  •  
Automotive
No
No
Yes

Matrix Score

  •  
  •  
  • The Linux Foundation
  • Ethereum Foundation
  • IBM
  •  
  • 1 st
  • 5 th
  • 1 st
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