Blockchain for Enterprise comparison & reviews

Summary
Rank
3rd 5th 1st
Score
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  • Fully Supported
  • Limitation
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  • Information Only
Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
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
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  • - 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
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
None
Ether (ETH)
None
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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0%
0%
  Providers  
  •  
% Providers with experience
0.93
0.93
93% (Hyperledger)
  Community  
  •  
Size of Developer Team
Large
Large
Large
  •  
Support Team / Community
Large. IBM has a direct support line.
Large
Large. IBM has a direct support line.
  •  
Partnerships / Alliances / Size
200+
EEA - 150+ companies
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
  Updates  
  •  
Frequency of Updates
Quarterly
High
Frequent
  •  
Future Planned Work
V1.2
v3.5
Scale into multiple industries
Assessment expand
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  General  
  •  
Maturity
First release: July 2017


Live first in July 2015 (first public blockchain)

First stable release March 2016
IBM unveiled its “Blockchain as a Service” offering in March 2017.
  •  
Governance
Linux Foundation - Hyperledger Project Contributors
Ethereum Developers
IBM Proprietary BaaS Platform

Linux Foundation
  •  
Enterprise Focus
Strong Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong Focus. Major contributor to the Hyperledger Fabric project.
  •  
Production Ready
Yes
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
  •  
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
No data encryption or channel partition and is public.

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.
  •  
Permissions
Consortium

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

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

currently supports a maximum of 15 TPS
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
  •  
Storage Capacity
500 transactions per block
Varies
500 transactions per block
TCO expand
0%
0%
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  Utilities  
  •  
Energy Consumption
Varies
Low
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Varies
Hard
Easy
  •  
Difficulty to Use
Low-Moderate
Moderate
Low
  Maintenance  
  •  
Required ongoing Support
Yes
Yes
Yes
  Pricing  
  •  
Cost to Use
Free
Low
Free starter version, then $1000/month + $1000/month for each peer deployed
Integration expand
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  Licensing  
  •  
Licensing
Apache 2.0
Varous licenses for different parts of code
Apache 2.0
  industry focus  
  •  
Industry
Industry Agnostic
Cross-industry
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Golang, Java, NodeJS, Python
Golang, C++, Rust, Python, Solidity
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
Yes
Yes
Market Presence expand
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  Engagements  
  •  
% share of engagements
0.12
0.52
12% (Hyperledger)
  Uses  
  •  
Number of Use Cases / Implementations
Large
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
Yes
Yes
Yes
  •  
Automotive
Yes
No
Yes

Matrix Score

  •  
  •  
  • Ripple
  • Ethereum Foundation
  • IBM
  •  
  • 3 rd
  • 5 th
  • 1 st
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