Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 1st 6th
Score
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + Developing quickly with lots of capital and community presence
  • + Positioned well in the Entertainment Space as the market leader
  • + Development focus is for large commercial adoption
Cons
  • - 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.
  • - 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
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  Content  
  •  
Overview
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
The Tron Protocol aims to host entertainment applications and digital content on a decentralized platform fuelled by the TRX token economy. Developed originally on the Ethereum protocol, Tron has invested significant development effort to create their own, scalable protocol and launch their main net in June 2018.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
VeChain Token (VET) and VeThor Tokens (VTHO)
None
Tron (TRX)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
0%
0%
0%
  Providers  
  •  
% Providers with experience
N/A
93% (Hyperledger)
no data
  Community  
  •  
Size of Developer Team
Large
Large
Large in house team
  •  
Support Team / Community
Large
Large. IBM has a direct support line.
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
  •  
Partnerships / Alliances / Size
Large
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
Moderate
  Updates  
  •  
Frequency of Updates
Frequent
Frequent
Moderate
  •  
Future Planned Work
Main Net Rollout
Scale into multiple industries
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
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  General  
  •  
Maturity
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
IBM unveiled its “Blockchain as a Service” offering in March 2017.
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
  •  
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.
IBM Proprietary BaaS Platform

Linux Foundation
TRON Foundation. TRON Super Representatives upon main net launch
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Enterprise Focus
Core Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Not enterprise focused, but has the capabilities to support adoption
  •  
Production Ready
Yes
Yes
No
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
"Block Security Protocol" (BSP)
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
Public Blockchain with security features built in.

Lamport digital signature algorithm. Claims to be resistant to quantum computer attacks.

Customized P2P network with data storage encryption, location transparency, source nontraceability

Merkle Patricia Trie data structure
  •  
Permissions
Permissioned Aspects
Permissioned

Permissionless
  •  
Privacy
Yes
Private channels
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
  Algorithms  
  •  
Consensus
Proof of Authority
Plugable consensus (PBFT)
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
  Efficiency  
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Transaction Time
No data
Varies
Moderate
  •  
Block Confirmation Time
Fast
Varies
Fast
  Development  
  •  
Proprietary Codebase
Open source with proprietary applications
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
Open source but goverened by the TRON organization
  General  
  •  
Blockchain / DLT type
Public
Federated / Consortium, Permissioned Network
Public
  •  
Modularity
Yes
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
  •  
Scalability
50 - 10,000 TPS
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
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Storage Capacity
Depends on implementation
500 transactions per block
Varies
TCO expand
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  Utilities  
  •  
Energy Consumption
Medium
Low
Low - Moderate
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Easy
Hard
  •  
Difficulty to Use
Easy
Low
Moderate
  Maintenance  
  •  
Required ongoing Support
Low
Yes
Yes
  Pricing  
  •  
Cost to Use
Varies
Free starter version, then $1000/month + $1000/month for each peer deployed
Low
Integration expand
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  Licensing  
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Licensing
GNU Lesser General Public License v3.0
Apache 2.0
GPL
  industry focus  
  •  
Industry
Cross-industry
Entertainment Industry. Focused on consumer dApps.
  Developers  
  •  
Development Environment (Languages/SDKs)
GoLang, C, Solidity, JavaScript, Java, TypeScript
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
Java, Scala, C++, Python, Go
  Third Party Support  
  •  
API Support
Yes
Yes
In Development
Market Presence expand
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0%
0%
  Engagements  
  •  
% share of engagements
N/A
12% (Hyperledger)
no data
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Moderate
  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
Yes
Yes
Yes
  •  
Automotive
Yes
Yes
No

Matrix Score

  •  
  •  
  • The Linux Foundation
  • IBM
  • TRON Foundation
  •  
  • 1 st
  • 1 st
  • 6 th
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