Blockchain for Enterprise comparison & reviews

Summary
Rank
4th 1st 3rd
Score
0%
0%
User Reviews
Question?
Not Enabled Not Enabled Not Enabled
Analysis expand by MLG Blockchain by MLG Blockchain Jeff Holek
Select All
Information expand
0%
0%
0%
  • 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
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
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
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  Content  
  •  
Overview
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Modular Blockchain Platform, released by Hyperledger and championed by Intel.

One of the first commercially viable Finance focused blockchain solutions. Uses 3 core products (xCurrent, xRapid, xVia) in order to facilitate cross border transactions, liquitiy, and payment processing
Applications expand
0%
0%
0%
  Crypto Assets  
  •  
Cryptocurrency
None
None
Ripple (XRP)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
No
Support expand
0%
0%
0%
  Providers  
  •  
% Providers with experience
93% (Hyperledger)
No data
0.33
  Community  
  •  
Size of Developer Team
Large
Moderate
Moderate
  •  
Support Team / Community
Large. IBM has a direct support line.
Moderate. Some developer resources on Wiki and GitHub.
Moderate
  •  
Partnerships / Alliances / Size
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
Moderate
Large
  Updates  
  •  
Frequency of Updates
Frequent
High
Quarterly
  •  
Future Planned Work
Scale into multiple industries
Bug Fixes
Cobalt Algorithm
Assessment expand
0%
0%
0%
  General  
  •  
Maturity
IBM unveiled its “Blockchain as a Service” offering in March 2017.
Sawtooth 1.0 released in Nov 2017
Initially released in 2012. Whitepaper released in 2017 with commercial applications
  •  
Governance
IBM Proprietary BaaS Platform

Linux Foundation
Linux Foundation - Hyperledger Project

On-chain Governance
Ripple Labs
  •  
Enterprise Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Strong Focus
Strong focus, as their core product offerings cater to global banking solutions.
  •  
Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Website link
Architecture expand
0%
0%
0%
  Security  
  •  
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.
Transactions are confirmed and validated through validator nodes.
  •  
Permissions
Permissioned
Permissioned, Permissionless depending on application
Permissioned
  •  
Privacy
Private channels
Configrable permissions for any node cluster within the network
Transaction information on the ledger is public, but payment information is not.
  Algorithms  
  •  
Consensus
Plugable consensus (PBFT)
PoET
Dynamic, Pluggable Consensus Algorithms
Ripple Protocol Consensus Algorithm

70+ validators
  Efficiency  
  •  
Transaction Time
Varies
Fast
Fast
  •  
Block Confirmation Time
Varies
Varies
TBD
  Development  
  •  
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  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Federated / Consortium, Permissioned Network
Permissioned Network, Public Architecture
  •  
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
  •  
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.
1500 TPS with potential of tens of thousands through Ripple Payment Channels
  •  
Storage Capacity
500 transactions per block
Varies
Large
TCO expand
0%
0%
0%
  Utilities  
  •  
Energy Consumption
Low
Low
Low
  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  
  •  
Cost to Use
Free starter version, then $1000/month + $1000/month for each peer deployed
Low-Moderate
Varies
Integration expand
0%
0%
0%
  Licensing  
  •  
Licensing
Apache 2.0
Apache 2.0
ISC
  industry focus  
  •  
Industry
Cross-industry
Cross-industry
Financial Services
  Developers  
  •  
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
C/C++, Java, node.js , Go
  Third Party Support  
  •  
API Support
Yes
Yes
Yes
Market Presence expand
0%
0%
0%
  Engagements  
  •  
% share of engagements
12% (Hyperledger)
No data
0.04
  Uses  
  •  
Number of Use Cases / Implementations
Large
Moderate
Large
  Industry Focus  
  •  
Retail
Yes
Yes
No
  •  
Finance
Yes
Yes
Yes
  •  
Logistics
Yes
Yes
No
  •  
Health Care
Yes
Yes
No
  •  
Government
Yes
Yes
Yes
  •  
Agriculture
Yes
Yes
No
  •  
Entertainment
Yes
No
No
  •  
Automotive
Yes
Yes
No

Matrix Score

  •  
  •  
  • R3
  • The Linux Foundation
  • Ripple
  •  
  • 4 th
  • 1 st
  • 3 rd
X
Login to access your personal profile

Forgot your Password?
X
Signup with linkedin
X

Registered, but not activated? click here (resend activation link)

Login to access your personal profile

Receive new comparison alerts

Show me as community member

I agree to your Terms of services

GDPR