Blockchain for Enterprise comparison & reviews

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Analysis Summary
Rank
5th 1st 1st
Score
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User Reviews
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Pros
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + 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
Cons
  • - 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
  • - 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
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  Content  
Overview
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Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
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
Applications expand
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  Crypto Assets  
Cryptocurrency
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Ether (ETH)
None
None
  Logic  
Smart Contract Functionality
  •  
Yes
Yes
Yes
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  Providers  
% Providers with experience
  •  
0.93
0.93
93% (Hyperledger)
  Community  
Size of Developer Team
  •  
Large
Large
Large
Support Team / Community
  •  
Large
Large. IBM has a direct support line.
Large. IBM has a direct support line.
Partnerships / Alliances / Size
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EEA - 150+ companies
200+
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
  Updates  
Frequency of Updates
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High
Quarterly
Frequent
Future Planned Work
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v3.5
V1.2
Scale into multiple industries
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  General  
Maturity
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Live first in July 2015 (first public blockchain)

First stable release March 2016
First release: July 2017


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

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

Merkle Patricia Trie Data structure
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.
Permissions
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Permissionless
Consortium

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

Pluggable Framework
No-op (no consensus)
PBFT
Plugable consensus (PBFT)
  Efficiency  
Transaction Time
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Moderate
Varies
Varies
Block Confirmation Time
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~12 blocks
Varies
Varies
  Development  
Proprietary Codebase
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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
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Public with Private Forks
Federated / Consortium, Permissioned Network
Federated / Consortium, Permissioned Network
Modularity
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Generic, with DApp and Smart Contract support for wider applications
Modular Architecture is a core focus of Platform
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Scalability
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limited by PoW

currently supports a maximum of 15 TPS
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.
Storage Capacity
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Varies
500 transactions per block
500 transactions per block
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  Utilities  
Energy Consumption
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Low
Varies
Low
  Change Management  
Ease of Integration in Legacy Systems
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Hard
Varies
Easy
Difficulty to Use
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Moderate
Low-Moderate
Low
  Maintenance  
Required ongoing Support
  •  
Yes
Yes
Yes
  Pricing  
Cost to Use
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Low
Free
Free starter version, then $1000/month + $1000/month for each peer deployed
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  Licensing