Blockchain for Enterprise comparison & reviews

Summary
Rank
4th 1st 2nd
Score
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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
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + 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
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  • - 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
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
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  
  •  
Cryptocurrency
Ether (ETH)
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
0.93
No data
N/A
  Community  
  •  
Size of Developer Team
Large
Moderate
Large
  •  
Support Team / Community
Large
Moderate. Some developer resources on Wiki and GitHub.
Large
  •  
Partnerships / Alliances / Size
EEA - 150+ companies
Moderate
Large
  Updates  
  •  
Frequency of Updates
High
High
Frequent
  •  
Future Planned Work
v3.5
Bug Fixes
Main Net Rollout
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  General  
  •  
Maturity
Live first in July 2015 (first public blockchain)

First stable release March 2016
Sawtooth 1.0 released in Nov 2017
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
  •  
Governance
Ethereum Developers
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.
  •  
Enterprise Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong Focus
Core Focus
  •  
Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
SGX / PoET

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

currently supports a maximum of 15 TPS
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
Varies
Varies
Depends on implementation
TCO expand
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  Utilities  
  •  
Energy Consumption
Low
Low
Medium
  Change Management  
  •  
Ease of Integration in Legacy Systems
Hard
Varies
Easy
  •  
Difficulty to Use
Moderate
Easy
Easy
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Low
  Pricing  
  •  
Cost to Use
Low
Low-Moderate
Varies
Integration expand
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  Licensing  
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Licensing
Varous licenses for different parts of code
Apache 2.0
GNU Lesser General Public License v3.0
  industry focus  
  •  
Industry
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Golang, C++, Rust, Python, Solidity
Python, JavaScript, Go, C++, Java
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
0.52
No data
N/A
  Uses  
  •  
Number of Use Cases / Implementations
Large
Moderate
Large
  Industry Focus  
  •  
Retail
No
Yes
Yes
  •  
Finance
No
Yes
Yes
  •  
Logistics
No
Yes
Yes
  •  
Health Care
No
Yes
Yes
  •  
Government
No
Yes
Yes
  •  
Agriculture
No
Yes
Yes
  •  
Entertainment
Yes
No
Yes
  •  
Automotive
No
Yes
Yes

Matrix Score

  •  
  •  
  • R3
  • The Linux Foundation
  • VeChain Foundation
  •  
  • 4 th
  • 1 st
  • 2 nd
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