Blockchain for Enterprise comparison & reviews

Summary
Rank
4th 5th 2nd
Score
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User Reviews
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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Information expand
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Modular Focus (customized transaction rules, consensus algorithms, permissioning)
  • + Part of the Hyperledger Ecosystem
  • + Harnesses IoT technology to provide additional data
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
Cons
  • - Open source codebase
  • - Very young in development
  • - Still requires many bug fixes
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  • - 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 Platform, released by Hyperledger and championed by Intel.

Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
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  
  •  
Cryptocurrency
None
Ether (ETH)
VeChain Token (VET) and VeThor Tokens (VTHO)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
No data
0.93
N/A
  Community  
  •  
Size of Developer Team
Moderate
Large
Large
  •  
Support Team / Community
Moderate. Some developer resources on Wiki and GitHub.
Large
Large
  •  
Partnerships / Alliances / Size
Moderate
EEA - 150+ companies
Large
  Updates  
  •  
Frequency of Updates
High
High
Frequent
  •  
Future Planned Work
Bug Fixes
v3.5
Main Net Rollout
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  General  
  •  
Maturity
Sawtooth 1.0 released in Nov 2017
Live first in July 2015 (first public blockchain)

First stable release March 2016
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
  •  
Governance
Linux Foundation - Hyperledger Project

On-chain Governance
Ethereum Developers
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
  •  
Enterprise Focus
Strong Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Core Focus
  •  
Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
SGX / PoET

All transactions are signed by known identities.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
"Block Security Protocol" (BSP)
  •  
Permissions
Permissioned, Permissionless depending on application
Permissionless
Permissioned Aspects
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Privacy
Configrable permissions for any node cluster within the network
Limited (zk-SNARKs, Ring signatures)
Yes
  Algorithms  
  •  
Consensus
PoET
Dynamic, Pluggable Consensus Algorithms
PoW & PoS
Proof of Authority
  Efficiency  
  •  
Transaction Time
Fast
Moderate
No data
  •  
Block Confirmation Time
Varies
~12 blocks
Fast
  Development  
  •  
Proprietary Codebase
Open Source
Open Source
Open source with proprietary applications
  General  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public with Private Forks
Public
  •  
Modularity
Modular Architecture. Incorporates IoT Sensors that can broaden the use case.
Generic, with DApp and Smart Contract support for wider applications
Yes
  •  
Scalability
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.
limited by PoW

currently supports a maximum of 15 TPS
50 - 10,000 TPS
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Storage Capacity
Varies
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
Varies
Hard
Easy
  •  
Difficulty to Use
Easy
Moderate
Easy
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Low
  Pricing  
  •  
Cost to Use
Low-Moderate
Low
Varies
Integration expand
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  Licensing  
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Licensing
Apache 2.0
Varous licenses for different parts of code
GNU Lesser General Public License v3.0
  industry focus  
  •  
Industry
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Python, JavaScript, Go, C++, Java
Golang, C++, Rust, Python, Solidity
GoLang, C, Solidity, JavaScript, Java, TypeScript
  Third Party Support  
  •  
API Support
Yes
Yes
Yes
Market Presence expand
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  Engagements  
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% share of engagements
No data
0.52
N/A
  Uses  
  •  
Number of Use Cases / Implementations
Moderate
Large
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
No
Yes
Yes
  •  
Automotive
Yes
No
Yes

Matrix Score

  •  
  •  
  • R3
  • Ethereum Foundation
  • VeChain Foundation
  •  
  • 4 th
  • 5 th
  • 2 nd
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