Blockchain for Enterprise comparison & reviews

Summary
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1st 5th 2nd
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  • Fully Supported
  • Limitation
  • Not Supported
  • 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
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
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
  • - 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  
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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.
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
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  Crypto Assets  
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Cryptocurrency
None
Ether (ETH)
VeChain Token (VET) and VeThor Tokens (VTHO)
  Logic  
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Smart Contract Functionality
Yes
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  Providers  
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% Providers with experience
0.93
0.93
  Community  
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Size of Developer Team
Large
Large
Large
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Support Team / Community
Large. IBM has a direct support line.
Large
Large
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Partnerships / Alliances / Size
200+
EEA - 150+ companies
Large
  Updates  
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Frequency of Updates
Quarterly
High
Frequent
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Future Planned Work
V1.2
Main Net Rollout
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  General  
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Maturity
First release: July 2017


Live first in July 2015 (first public blockchain)

First stable release March 2016
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
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Governance
Linux Foundation - Hyperledger Project Contributors
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
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Enterprise Focus
Strong Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Core Focus
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Production Ready
Yes
Yes
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Website
Link
Link
Link
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  Security  
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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
"Block Security Protocol" (BSP)
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Permissions
Consortium

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

Pluggable Framework
No-op (no consensus)
PBFT
PoW & PoS
Proof of Authority
  Efficiency  
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Transaction Time
Varies
Moderate
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Block Confirmation Time
Varies
Fast
  Development  
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Proprietary Codebase
Open Source
Open Source
Open source with proprietary applications
  General  
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Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public with Private Forks
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Modularity
Modular Architecture is a core focus of Platform
Generic, with DApp and Smart Contract support for wider applications
Yes
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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
50 - 10,000 TPS
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Storage Capacity
500 transactions per block
Varies
Depends on implementation
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  Utilities  
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Energy Consumption
Varies
Low
Medium
  Change Management  
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Ease of Integration in Legacy Systems
Varies
Hard