Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 6th 1st
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
  • + 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
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
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.
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  • - 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
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
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.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
VeChain Token (VET) and VeThor Tokens (VTHO)
Tron (TRX)
None
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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0%
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  Providers  
  •  
% Providers with experience
N/A
no data
93% (Hyperledger)
  Community  
  •  
Size of Developer Team
Large
Large in house team
Large
  •  
Support Team / Community
Large
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Large. IBM has a direct support line.
  •  
Partnerships / Alliances / Size
Large
Moderate
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
  Updates  
  •  
Frequency of Updates
Frequent
Moderate
Frequent
  •  
Future Planned Work
Main Net Rollout
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Scale into multiple industries
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  General  
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Maturity
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
IBM unveiled its “Blockchain as a Service” offering in March 2017.
  •  
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.
TRON Foundation. TRON Super Representatives upon main net launch
IBM Proprietary BaaS Platform

Linux Foundation
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Enterprise Focus
Core Focus
Not enterprise focused, but has the capabilities to support adoption
Strong Focus. Major contributor to the Hyperledger Fabric project.
  •  
Production Ready
Yes
No
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
"Block Security Protocol" (BSP)
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
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 Aspects

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

The consensus of TRON adopts a three-step strategy.
Plugable consensus (PBFT)
  Efficiency  
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Transaction Time
No data
Moderate
Varies
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Block Confirmation Time
Fast
Fast
Varies
  Development  
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Proprietary Codebase
Open source with proprietary applications
Open source but goverened by the TRON organization
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  
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Blockchain / DLT type
Public
Public
Federated / Consortium, Permissioned Network
  •  
Modularity
Yes
Similar to Ethereum:
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
50 - 10,000 TPS
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
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Storage Capacity
Depends on implementation
Varies
500 transactions per block
TCO expand
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  Utilities  
  •  
Energy Consumption
Medium
Low - Moderate
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
GNU Lesser General Public License v3.0
GPL
Apache 2.0
  industry focus  
  •  
Industry
Entertainment Industry. Focused on consumer dApps.
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
GoLang, C, Solidity, JavaScript, Java, TypeScript
Java, Scala, C++, Python, Go
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  
  •  
API Support
Yes
In Development
Yes
Market Presence expand
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  Engagements  
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% share of engagements
N/A
no data
12% (Hyperledger)
  Uses  
  •  
Number of Use Cases / Implementations
Large
Moderate
Large
  Industry Focus  
  •  
Retail
Yes
No
Yes
  •  
Finance
Yes
No
Yes
  •  
Logistics
Yes
No
Yes
  •  
Health Care
Yes
No
Yes
  •  
Government
Yes
No
Yes
  •  
Agriculture
Yes
No
Yes
  •  
Entertainment
Yes
Yes
Yes
  •  
Automotive
Yes
No
Yes

Matrix Score

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