Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 1st 1st
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  • Limitation
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Pros
  • + 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
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
Cons
  • - 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
  • - 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  
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Overview
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
Ether (ETH)
None
None
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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0%
  Providers  
  •  
% Providers with experience
0.93
93% (Hyperledger)
0.93
  Community  
  •  
Size of Developer Team
Large
Large
Large
  •  
Support Team / Community
Large
Large. IBM has a direct support line.
Large. IBM has a direct support line.
  •  
Partnerships / Alliances / Size
EEA - 150+ companies
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
200+
  Updates  
  •  
Frequency of Updates
High
Frequent
Quarterly
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Future Planned Work
v3.5
Scale into multiple industries
V1.2
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  General  
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Maturity
Live first in July 2015 (first public blockchain)

First stable release March 2016
IBM unveiled its “Blockchain as a Service” offering in March 2017.
First release: July 2017


  •  
Governance
Ethereum Developers
IBM Proprietary BaaS Platform

Linux Foundation
Linux Foundation - Hyperledger Project Contributors
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Enterprise Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong Focus. Major contributor to the Hyperledger Fabric project.
Strong Focus
  •  
Production Ready
Yes
Yes
Yes
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Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
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.
Membership Service Provider - pluggable interface that supports customizable credential architectures and certificate authorities

Concrete identity format
User credential validation
User credential revocation
Signature generation and verification
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Permissions
Permissionless
Permissioned
Consortium

Permissioned, private network.
  •  
Privacy
Limited (zk-SNARKs, Ring signatures)
Private channels
Private Channels
  Algorithms  
  •  
Consensus
PoW & PoS
Plugable consensus (PBFT)
Multiple options:

Pluggable Framework
No-op (no consensus)
PBFT
  Efficiency  
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Transaction Time
Moderate
Varies
Varies
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Block Confirmation Time
~12 blocks
Varies
Varies
  Development  
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Proprietary Codebase
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
Open Source
  General  
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Blockchain / DLT type
Public with Private Forks
Federated / Consortium, Permissioned Network
Federated / Consortium, Permissioned Network
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Modularity
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
Modular Architecture is a core focus of Platform
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Scalability
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.
1000 TPS capacity for now. Developed with scaling in mind. Provides flexibility in size and throughput depending on the implementation.

A Performance and Scalability Workgroup exists within the community to discuss, research, and identify key use cases and metrics for all blockchains.
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Storage Capacity
Varies
500 transactions per block
500 transactions per block
TCO expand
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  Utilities  
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Energy Consumption
Low
Low
Varies
  Change Management  
  •  
Ease of Integration in Legacy Systems
Hard
Easy
Varies
  •  
Difficulty to Use
Moderate
Low
Low-Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Yes
  Pricing  
  •  
Cost to Use
Low
Free starter version, then $1000/month + $1000/month for each peer deployed
Free
Integration expand
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  Licensing  
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Licensing
Varous licenses for different parts of code
Apache 2.0
Apache 2.0
  industry focus  
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Industry
Cross-industry
Cross-industry
Industry Agnostic
  Developers  
  •  
Development Environment (Languages/SDKs)
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
Golang, Java, NodeJS, Python
  Third Party Support  
  •  
API Support
Yes
Yes
Yes
Market Presence expand
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  Engagements  
  •  
% share of engagements
0.52
12% (Hyperledger)
0.12
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Large
  Industry Focus  
  •  
Retail
No
Yes
Yes
  •  
Finance
No
Yes
Yes
  •  
Logistics
No
Yes
Yes
  •  
Health Care
No
Yes
Yes
  •  
Government
No
Yes
Yes
  •  
Agriculture
No
Yes
Yes
  •  
Entertainment
Yes
Yes
Yes
  •  
Automotive
No
Yes
Yes

Matrix Score

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  • The Linux Foundation
  • IBM
  • The Linux Foundation
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  • 1 st
  • 1 st
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