Blockchain for Enterprise comparison & reviews

Summary
Rank
2nd 1st 5th
Score
0%
0%
User Reviews
Question?
Not Enabled Not Enabled Not Enabled
Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
Select All
Information expand
0%
0%
0%
  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + Modular Focus (customized transaction rules, consensus algorithms, permissioning)
  • + Part of the Hyperledger Ecosystem
  • + Harnesses IoT technology to provide additional data
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
Cons
  • - 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.
  • - Open source codebase
  • - Very young in development
  • - Still requires many bug fixes
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  Content  
  •  
Overview
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
Modular Blockchain Platform, released by Hyperledger and championed by Intel.

Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications expand
0%
0%
0%
  Crypto Assets  
  •  
Cryptocurrency
VeChain Token (VET) and VeThor Tokens (VTHO)
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Support expand
0%
0%
0%
  Providers  
  •  
% Providers with experience
0.93
  Community  
  •  
Size of Developer Team
Large
Moderate
Large
  •  
Support Team / Community
Large
Moderate. Some developer resources on Wiki and GitHub.
Large
  •  
Partnerships / Alliances / Size
Large
Moderate
EEA - 150+ companies
  Updates  
  •  
Frequency of Updates
Frequent
High
High
  •  
Future Planned Work
Main Net Rollout
Bug Fixes
Assessment expand
0%
0%
0%
  General  
  •  
Maturity
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
Sawtooth 1.0 released in Nov 2017
Live first in July 2015 (first public blockchain)

First stable release March 2016
  •  
Governance
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
Linux Foundation - Hyperledger Project

On-chain Governance
  •  
Enterprise Focus
Core Focus
Strong Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
  •  
Production Ready
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
0%
0%
0%
  Security  
  •  
Security model
"Block Security Protocol" (BSP)
SGX / PoET

All transactions are signed by known identities.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
  •  
Permissions
Permissioned Aspects
Permissioned, Permissionless depending on application
Permissionless
  •  
Privacy
Yes
Configrable permissions for any node cluster within the network
Limited (zk-SNARKs, Ring signatures)
  Algorithms  
  •  
Consensus
Proof of Authority
PoET
Dynamic, Pluggable Consensus Algorithms
PoW & PoS
  Efficiency  
  •  
Transaction Time
Fast
Moderate
  •  
Block Confirmation Time
Fast
Varies
  Development  
  •  
Proprietary Codebase
Open source with proprietary applications
Open Source
Open Source
  General  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public with Private Forks
  •  
Modularity
Yes
Modular Architecture. Incorporates IoT Sensors that can broaden the use case.
Generic, with DApp and Smart Contract support for wider applications
  •  
Scalability
50 - 10,000 TPS
1000 TPS. Built to be scalable in the way that consensus algorithms can be changed, applications are separate from the core system, and transactions can occur in parallel.
limited by PoW

currently supports a maximum of 15 TPS
  •  
Storage Capacity
Depends on implementation
Varies
Varies
TCO expand
0%
0%
0%
  Utilities  
  •  
Energy Consumption
Medium
Low
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Varies