Blockchain for Enterprise comparison & reviews

Summary
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Analysis expand by MLG Blockchain by MLG Blockchain Jeff Holek
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  • Fully Supported
  • Limitation
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  • Information Only
Pros
  • + 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
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
Cons
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  • - 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.
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  Content  
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Overview
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.
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
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
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  Crypto Assets  
  •  
Cryptocurrency
Tron (TRX)
VeChain Token (VET) and VeThor Tokens (VTHO)
Ripple (XRP)
  Logic  
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Smart Contract Functionality
Yes
Yes
No
Support expand
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  Providers  
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% Providers with experience
no data
N/A
0.33
  Community  
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Size of Developer Team
Large in house team
Large
Moderate
  •  
Support Team / Community
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Large
Moderate
  •  
Partnerships / Alliances / Size
Moderate
Large
Large
  Updates  
  •  
Frequency of Updates
Moderate
Frequent
Quarterly
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Future Planned Work
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Main Net Rollout
Cobalt Algorithm
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  General  
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Maturity
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
Initially released in 2012. Whitepaper released in 2017 with commercial applications
  •  
Governance
TRON Foundation. TRON Super Representatives upon main net launch
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
Ripple Labs
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Enterprise Focus
Not enterprise focused, but has the capabilities to support adoption
Core Focus
Strong focus, as their core product offerings cater to global banking solutions.
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Production Ready
No
Yes
Yes
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Website
Link
Link
Website link
Architecture expand
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  Security  
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Security model
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
"Block Security Protocol" (BSP)
Transactions are confirmed and validated through validator nodes.
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Permissions

Permissionless
Permissioned Aspects
Permissioned
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Privacy
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Yes
Transaction information on the ledger is public, but payment information is not.
  Algorithms  
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Consensus
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Proof of Authority
Ripple Protocol Consensus Algorithm

70+ validators
  Efficiency  
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Transaction Time
Moderate
No data
Fast
  •  
Block Confirmation Time
Fast
Fast
TBD
  Development  
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Proprietary Codebase
Open source but goverened by the TRON organization
Open source with proprietary applications
Open source with proprietary applications
  General  
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Blockchain / DLT type
Public
Public
Permissioned Network, Public Architecture
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Modularity
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
Yes
Yes
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Scalability
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
50 - 10,000 TPS
1500 TPS with potential of tens of thousands through Ripple Payment Channels
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Storage Capacity
Varies
Depends on implementation
Large
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  Utilities  
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Energy Consumption
Low - Moderate
Medium
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Hard
Easy
Easy
  •  
Difficulty to Use
Moderate
Easy
Easy
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Low
  Pricing  
  •  
Cost to Use
Low
Varies
Varies
Integration expand
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  Licensing  
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Licensing
GPL
GNU Lesser General Public License v3.0
ISC
  industry focus  
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Industry
Entertainment Industry. Focused on consumer dApps.
Financial Services
  Developers  
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Development Environment (Languages/SDKs)
Java, Scala, C++, Python, Go
GoLang, C, Solidity, JavaScript, Java, TypeScript
C/C++, Java, node.js , Go
  Third Party Support  
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API Support
In Development
Yes
Yes
Market Presence expand
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  Engagements  
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% share of engagements
no data
N/A
0.04
  Uses  
  •  
Number of Use Cases / Implementations
Moderate
Large
Large
  Industry Focus  
  •  
Retail
No
Yes
No
  •  
Finance
No
Yes
Yes
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Logistics
No
Yes
No
  •  
Health Care
No
Yes
No
  •  
Government
No
Yes
Yes
  •  
Agriculture
No
Yes
No
  •  
Entertainment
Yes
Yes
No
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Automotive
No
Yes
No

Matrix Score

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  •  
  • The Linux Foundation
  • VeChain Foundation
  • Ripple
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