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5th 2nd 4th
Total SCORE
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Pros
  • + 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
  • + Not a blockchain. Uses Distributed Ledger Technology to achieve similar end goals and benefits.
  • + Large Financial Institutional backing
  • + Built specifically for Enterprise use
Cons
  • - 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.
  • - Less use cases than alternatives
  • - Smaller Developer Community (Slower Updates)
  • - Not a lot of developer expertise compared to competition
User Reviews
Details (by section) Expand All Data
Information
60%
86%
58%
Content
Overview
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.
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.
Applications
60%
86%
58%
Crypto Assets
Cryptocurrency
Ether (ETH)
VeChain Token (VET) and VeThor Tokens (VTHO)
None
Logic
Smart Contract Functionality
Yes
Yes
Yes
Support
60%
86%
58%
Providers
% Providers with experience
0.93
N/A
0.6
Community
Size of Developer Team
Large
Large
Moderate
Support Team / Community
Large
Large
Moderate
Partnerships / Alliances / Size
EEA - 150+ companies
Large
60+ Companies
Updates
Frequency of Updates
High
Frequent
Moderate
Future Planned Work
v3.5
Main Net Rollout
Partnerships for Application Development
Assessment
60%
86%
58%
General
Maturity
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
Corda was released open source in November 2016
Governance
Ethereum Developers
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
R3 Consortium
Enterprise Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Core Focus
Strong Focus
Production Ready
Yes
Yes
Yes
Website
Link
Link
Link
Architecture
60%
86%
58%
Security
Security model
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
"Block Security Protocol" (BSP)
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.
Permissions
Permissionless
Permissioned Aspects
Permissioned
Privacy
Limited (zk-SNARKs, Ring signatures)
Yes
Privacy concerns are addressed through the pluggable uniqueness services, and restriction of viewing transactions.
Algorithms
Consensus
PoW & PoS
Proof of Authority
Notaries - Pluggable Framework, Validity consensus and Uniqueness consensus
Efficiency
Transaction Time
Moderate
No data
Fast
Block Confirmation Time
~12 blocks
Fast
TBD
Development
Proprietary Codebase
Open Source
Open source with proprietary applications
Open Source
General
Blockchain / DLT type
Public with Private Forks
Public
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.
Modularity
Generic, with DApp and Smart Contract support for wider applications
Yes
Less focus on modularity
Scalability
limited by PoW

currently supports a maximum of 15 TPS
50 - 10,000 TPS
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
Storage Capacity
Varies
Depends on implementation
Varies
TCO
60%
86%
58%
Utilities
Energy Consumption
Low
Medium
Varies
Change Management
Ease of Integration in Legacy Systems
Hard
Easy
Varies
Difficulty to Use
Moderate
Easy
Moderate
Maintenance
Required ongoing Support
Yes
Low
Yes
Pricing
Cost to Use
Low
Varies
Free
Integration
60%
86%
58%
Licensing
Licensing
Varous licenses for different parts of code
GNU Lesser General Public License v3.0
Apache 2.0
industry focus
Industry
Cross-industry
Finance Focus. Has attached interest from government, energy, insurance, healthcare
Developers
Development Environment (Languages/SDKs)
Golang, C++, Rust, Python, Solidity
GoLang, C, Solidity, JavaScript, Java, TypeScript
Written in Kotlin
Third Party Support
API Support
Yes
Yes
Yes
Market Presence
60%
86%
58%
Engagements
% share of engagements
0.52
N/A
0.13
Uses
Number of Use Cases / Implementations
Large
Large
Moderate
Industry Focus
Retail
No
Yes
No
Finance
No
Yes
Yes
Logistics
No
Yes
No
Health Care
No
Yes
Yes
Government
No
Yes
Yes
Agriculture
No
Yes
No
Entertainment
Yes
Yes
No
Automotive
No
Yes
No
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  • Ethereum Foundation
  • VeChain Foundation
  • R3
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  • 5th
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  • Product #
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only