Blockchain for Enterprise comparison & reviews

Summary
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + 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
Cons
  • - 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
  • - 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.
  Content  
  •  
Overview
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
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.
Applications expand
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  Crypto Assets  
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Cryptocurrency
None
None
VeChain Token (VET) and VeThor Tokens (VTHO)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
93% (Hyperledger)
No data
N/A
  Community  
  •  
Size of Developer Team
Large
Moderate
Large
  •  
Support Team / Community
Large. IBM has a direct support line.
Moderate. Some developer resources on Wiki and GitHub.
Large
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Partnerships / Alliances / Size
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
Moderate
Large
  Updates  
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Frequency of Updates
Frequent
High
Frequent
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Future Planned Work
Scale into multiple industries
Bug Fixes
Main Net Rollout
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  General  
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Maturity
IBM unveiled its “Blockchain as a Service” offering in March 2017.
Sawtooth 1.0 released in Nov 2017
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
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Governance
IBM Proprietary BaaS Platform

Linux Foundation
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.
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Enterprise Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Strong Focus
Core Focus
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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
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
SGX / PoET

All transactions are signed by known identities.
"Block Security Protocol" (BSP)
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Permissions
Permissioned
Permissioned, Permissionless depending on application
Permissioned Aspects
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Privacy
Private channels
Configrable permissions for any node cluster within the network
Yes
  Algorithms  
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Consensus
Plugable consensus (PBFT)
PoET
Dynamic, Pluggable Consensus Algorithms
Proof of Authority
  Efficiency  
  •  
Transaction Time
Varies
Fast
No data
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Block Confirmation Time
Varies
Varies
Fast
  Development  
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Proprietary Codebase
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
Open source with proprietary applications
  General  
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Blockchain / DLT type
Federated / Consortium, Permissioned Network
Federated / Consortium, Permissioned Network
Public
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Modularity
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Modular Architecture. Incorporates IoT Sensors that can broaden the use case.
Yes
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Scalability
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
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
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Storage Capacity
500 transactions per block
Varies
Depends on implementation
TCO expand
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  Utilities  
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Energy Consumption
Low
Low
Medium
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Varies
Easy
  •  
Difficulty to Use
Low
Easy
Easy
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Low
  Pricing  
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Cost to Use
Free starter version, then $1000/month + $1000/month for each peer deployed
Low-Moderate
Varies
Integration expand
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  Licensing  
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Licensing
Apache 2.0
Apache 2.0
GNU Lesser General Public License v3.0
  industry focus  
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Industry
Cross-industry
Cross-industry
  Developers  
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Development Environment (Languages/SDKs)
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
Python, JavaScript, Go, C++, Java
GoLang, C, Solidity, JavaScript, Java, TypeScript
  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
12% (Hyperledger)
No data
N/A
  Uses  
  •  
Number of Use Cases / Implementations
Large
Moderate
Large
  Industry Focus  
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Retail
Yes
Yes
Yes
  •  
Finance
Yes
Yes
Yes
  •  
Logistics
Yes
Yes
Yes
  •  
Health Care
Yes
Yes
Yes
  •  
Government
Yes
Yes
Yes
  •  
Agriculture
Yes
Yes
Yes
  •  
Entertainment
Yes
No
Yes
  •  
Automotive
Yes
Yes
Yes

Matrix Score

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  • The Linux Foundation
  • The Linux Foundation
  • VeChain Foundation
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