Blockchain for Enterprise comparison & reviews

Summary
Rank
4th 1st 5th
Score
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Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
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
  • - 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
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  Content  
  •  
Overview
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
None
None
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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0%
0%
  Providers  
  •  
% Providers with experience
0.93
93% (Hyperledger)
0.93
  Community  
  •  
Size of Developer Team
Large
Large
Large
  •  
Support Team / Community
Large. IBM has a direct support line.
Large. IBM has a direct support line.
Large
  •  
Partnerships / Alliances / Size
200+
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
EEA - 150+ companies
  Updates  
  •  
Frequency of Updates
Quarterly
Frequent
High
  •  
Future Planned Work
V1.2
Scale into multiple industries
v3.5
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  General  
  •  
Maturity
First release: July 2017


IBM unveiled its “Blockchain as a Service” offering in March 2017.
Live first in July 2015 (first public blockchain)

First stable release March 2016
  •  
Governance
Linux Foundation - Hyperledger Project Contributors
IBM Proprietary BaaS Platform

Linux Foundation
Ethereum Developers
  •  
Enterprise Focus
Strong Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
  •  
Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
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
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
  •  
Permissions
Consortium

Permissioned, private network.
Permissioned
Permissionless
  •  
Privacy
Private Channels
Private channels
Limited (zk-SNARKs, Ring signatures)
  Algorithms  
  •  
Consensus
Multiple options:

Pluggable Framework
No-op (no consensus)
PBFT
Plugable consensus (PBFT)
PoW & PoS
  Efficiency  
  •  
Transaction Time
Varies
Varies
Moderate
  •  
Block Confirmation Time
Varies
Varies
~12 blocks
  Development  
  •  
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  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Federated / Consortium, Permissioned Network
Public with Private Forks
  •  
Modularity
Modular Architecture is a core focus of Platform
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Generic, with DApp and Smart Contract support for wider applications
  •  
Scalability
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.
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
limited by PoW

currently supports a maximum of 15 TPS
  •  
Storage Capacity
500 transactions per block
500 transactions per block
Varies
TCO expand
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  Utilities  
  •  
Energy Consumption
Varies
Low
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Varies
Easy
Hard
  •  
Difficulty to Use
Low-Moderate
Low
Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Yes
  Pricing  
  •  
Cost to Use
Free
Free starter version, then $1000/month + $1000/month for each peer deployed
Low
Integration expand
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  Licensing  
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Licensing
Apache 2.0
Apache 2.0
Varous licenses for different parts of code
  industry focus  
  •  
Industry
Industry Agnostic
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Golang, Java, NodeJS, Python
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, C++, Rust, Python, Solidity
  Third Party Support  
  •  
API Support
Yes
Yes
Yes
Market Presence expand
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  Engagements  
  •  
% share of engagements
0.12
12% (Hyperledger)
0.52
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Large
  Industry Focus  
  •  
Retail
Yes
Yes
No
  •  
Finance
Yes
Yes
No
  •  
Logistics
Yes
Yes
No
  •  
Health Care
Yes
Yes
No
  •  
Government
Yes
Yes
No
  •  
Agriculture
Yes
Yes
No
  •  
Entertainment
Yes
Yes
Yes
  •  
Automotive
Yes
Yes
No

Matrix Score

  •  
  •  
  • R3
  • IBM
  • Ethereum Foundation
  •  
  • 4 th
  • 1 st
  • 5 th
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