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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
VeChain Token (VET) and VeThor Tokens (VTHO)
Logic
Smart Contract Functionality
Support
60%
86%
58%
Providers
% Providers with experience
Community
Size of Developer Team
Support Team / Community
Partnerships / Alliances / Size
EEA - 150+ companies
Updates
Frequency of Updates
Future Planned Work
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.
Enterprise Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Production Ready
Website
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
Permissioned Aspects
Privacy
Limited (zk-SNARKs, Ring signatures)
Privacy concerns are addressed through the pluggable uniqueness services, and restriction of viewing transactions.
Algorithms
Consensus
Proof of Authority
Notaries - Pluggable Framework, Validity consensus and Uniqueness consensus
Efficiency
Transaction Time
Block Confirmation Time
Development
Proprietary Codebase
Open source with proprietary applications
General
Blockchain / DLT type
Public with Private Forks
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
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
Depends on implementation
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
Integration
60%
86%
58%
Licensing
Licensing
Varous licenses for different parts of code
GNU Lesser General Public License v3.0
industry focus
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
Market Presence
60%
86%
58%
Engagements
% share of engagements
Uses
Number of Use Cases / Implementations
Industry Focus
Retail
Finance
Logistics
Health Care
Government
Agriculture
Entertainment
Automotive
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