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Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
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
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
User Reviews
Details (by section) Expand All Data
Information
60%
86%
58%
Content
Overview
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
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
Applications
60%
86%
58%
Crypto Assets
Cryptocurrency
Logic
Smart Contract Functionality
Market Presence
60%
86%
58%
Engagements
% share of engagements
12% (Hyperledger)
Uses
Number of Use Cases / Implementations
Support
60%
86%
58%
Providers
% Providers with experience
93% (Hyperledger)
Community
Size of Developer Team
Support Team / Community
Large. IBM has a direct support line.
Partnerships / Alliances / Size
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
EEA - 150+ companies
Updates
Frequency of Updates
Future Planned Work
Scale into multiple industries
Cobalt Algorithm
Assessment
60%
86%
58%
General
Maturity
IBM unveiled its “Blockchain as a Service” offering in March 2017.
Live first in July 2015 (first public blockchain)

First stable release March 2016
Initially released in 2012. Whitepaper released in 2017 with commercial applications
Governance
IBM Proprietary BaaS Platform

Linux Foundation
Ethereum Developers
Enterprise Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong focus, as their core product offerings cater to global banking solutions.
Production Ready
Website
Architecture
60%
86%
58%
Security
Security model
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
Transactions are confirmed and validated through validator nodes.
Permissions
Privacy
Private channels
Limited (zk-SNARKs, Ring signatures)
Transaction information on the ledger is public, but payment information is not.
Algorithms
Consensus
Plugable consensus (PBFT)
Ripple Protocol Consensus Algorithm

70+ validators
Efficiency
Transaction Time
Block Confirmation Time
Development
Proprietary Codebase
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
Open source with proprietary applications
General
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public with Private Forks
Permissioned Network, Public Architecture
Modularity
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Generic, with DApp and Smart Contract support for wider applications
Scalability
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
limited by PoW

currently supports a maximum of 15 TPS
1500 TPS with potential of tens of thousands through Ripple Payment Channels
Storage Capacity
500 transactions per block
TCO
60%
86%
58%
Utilities
Energy Consumption
Change Management
Ease of Integration in Legacy Systems
Difficulty to Use
Maintenance
Required ongoing Support
Pricing
Cost to Use
Free starter version, then $1000/month + $1000/month for each peer deployed
Integration
60%
86%
58%
Licensing
Licensing
Varous licenses for different parts of code
industry focus
Industry
Financial Services
Developers
Development Environment (Languages/SDKs)
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
Golang, C++, Rust, Python, Solidity
C/C++, Java, node.js , Go
Third Party Support
API Support
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