Blockchain for Enterprise comparison & reviews

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3rd 4th 6th
Total SCORE
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Pros
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
  • + Not a blockchain. Uses Distributed Ledger Technology to achieve similar end goals and benefits.
  • + Large Financial Institutional backing
  • + Built specifically for Enterprise use
  • + Developing quickly with lots of capital and community presence
  • + Positioned well in the Entertainment Space as the market leader
  • + Development focus is for large commercial adoption
Cons
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  • - Less use cases than alternatives
  • - Smaller Developer Community (Slower Updates)
  • - Not a lot of developer expertise compared to competition
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
User Reviews
Details (by section) Expand All Data
Information
60%
86%
58%
Content
Overview
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
Corda is a distributed ledger platform designed to record, manage and automate legal agreements between business partners. Designed by (and for) the worlds largest financial institutions yet with applications in multiple industries. It offers a unique response to the privacy and scalability challenges facing decentralised applications.
The Tron Protocol aims to host entertainment applications and digital content on a decentralized platform fuelled by the TRX token economy. Developed originally on the Ethereum protocol, Tron has invested significant development effort to create their own, scalable protocol and launch their main net in June 2018.
Applications
60%
86%
58%
Crypto Assets
Cryptocurrency
Ripple (XRP)
None
Tron (TRX)
Logic
Smart Contract Functionality
No
Yes
Yes
Support
60%
86%
58%
Providers
% Providers with experience
0.33
0.6
no data
Community
Size of Developer Team
Moderate
Moderate
Large in house team
Support Team / Community
Moderate
Moderate
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Partnerships / Alliances / Size
Large
60+ Companies
Moderate
Updates
Frequency of Updates
Quarterly
Moderate
Moderate
Future Planned Work
Cobalt Algorithm
Partnerships for Application Development
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Assessment
60%
86%
58%
General
Maturity
Initially released in 2012. Whitepaper released in 2017 with commercial applications
Corda was released open source in November 2016
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Governance
Ripple Labs
R3 Consortium
TRON Foundation. TRON Super Representatives upon main net launch
Enterprise Focus
Strong focus, as their core product offerings cater to global banking solutions.
Strong Focus
Not enterprise focused, but has the capabilities to support adoption
Production Ready
Yes
Yes
No
Website
Website link
Link
Link
Architecture
60%
86%
58%
Security
Security model
Transactions are confirmed and validated through validator nodes.
Data is only shared between parties involved in the transaction, verifiers, and permissioned observers. This allows an extra layer of security from traditional DLT where the data is spread throughout the network.
Public Blockchain with security features built in.

Lamport digital signature algorithm. Claims to be resistant to quantum computer attacks.

Customized P2P network with data storage encryption, location transparency, source nontraceability

Merkle Patricia Trie data structure
Permissions
Permissioned
Permissioned

Permissionless
Privacy
Transaction information on the ledger is public, but payment information is not.
Privacy concerns are addressed through the pluggable uniqueness services, and restriction of viewing transactions.
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Algorithms
Consensus
Ripple Protocol Consensus Algorithm

70+ validators
Notaries - Pluggable Framework, Validity consensus and Uniqueness consensus
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Efficiency
Transaction Time
Fast
Fast
Moderate
Block Confirmation Time
TBD
TBD
Fast
Development
Proprietary Codebase
Open source with proprietary applications
Open Source
Open source but goverened by the TRON organization
General
Blockchain / DLT type
Permissioned Network, Public Architecture
Not a blockchain. Uses DLT to create transaction efficiencies between permissioned parties rather than the same ledger for the entire network, which R3 Corda believes is inefficient.
Public
Modularity
Yes
Less focus on modularity
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
Scalability
1500 TPS with potential of tens of thousands through Ripple Payment Channels
Corda focuses on scaling through reducing inefficiencies in consensus mechanisms. By limiting involvement to just the transacting parties, beneficiaries, and verifiers it aims to position itself as more scalable than PoW
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
Storage Capacity
Large
Varies
Varies
TCO
60%
86%
58%
Utilities
Energy Consumption
Low
Varies
Low - Moderate
Change Management
Ease of Integration in Legacy Systems
Easy
Varies
Hard
Difficulty to Use
Easy
Moderate
Moderate
Maintenance
Required ongoing Support
Low
Yes
Yes
Pricing
Cost to Use
Varies
Free
Low
Integration
60%
86%
58%
Licensing
Licensing
ISC
Apache 2.0
GPL
industry focus
Industry
Financial Services
Finance Focus. Has attached interest from government, energy, insurance, healthcare
Entertainment Industry. Focused on consumer dApps.
Developers
Development Environment (Languages/SDKs)
C/C++, Java, node.js , Go
Written in Kotlin
Java, Scala, C++, Python, Go
Third Party Support
API Support
Yes
Yes
In Development
Market Presence
60%
86%
58%
Engagements
% share of engagements
0.04
0.13
no data
Uses
Number of Use Cases / Implementations
Large
Moderate
Moderate
Industry Focus
Retail
No
No
No
Finance
Yes
Yes
No
Logistics
No
No
No
Health Care
No
Yes
No
Government
Yes
Yes
No
Agriculture
No
No
No
Entertainment
No
No
Yes
Automotive
No
No
No
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  •  
  • Ripple
  • R3
  • TRON Foundation
  •  
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