Blockchain for Enterprise comparison & reviews

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Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
  • + Not a blockchain. Uses Distributed Ledger Technology to achieve similar end goals and benefits.
  • + Large Financial Institutional backing
  • + Built specifically for Enterprise use
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
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
  • - Less use cases than alternatives
  • - Smaller Developer Community (Slower Updates)
  • - Not a lot of developer expertise compared to competition
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
User Reviews
Details (by section) Expand All Data
Information
60%
86%
58%
Content
Overview
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
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.
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications
60%
86%
58%
Crypto Assets
Cryptocurrency
Logic
Smart Contract Functionality
Support
60%
86%
58%
Providers
% Providers with experience
Community
Size of Developer Team
Support Team / Community
Large. IBM has a direct support line.
Partnerships / Alliances / Size
EEA - 150+ companies
Updates
Frequency of Updates
Future Planned Work
Partnerships for Application Development
Assessment
60%
86%
58%
General
Maturity
First release: July 2017


Corda was released open source in November 2016
Live first in July 2015 (first public blockchain)

First stable release March 2016
Governance
Linux Foundation - Hyperledger Project Contributors
Ethereum Developers
Enterprise Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Production Ready
Website
Architecture
60%
86%
58%
Security
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
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.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
Permissions
Consortium

Permissioned, private network.
Privacy
Private Channels
Privacy concerns are addressed through the pluggable uniqueness services, and restriction of viewing transactions.
Limited (zk-SNARKs, Ring signatures)
Algorithms
Consensus
Multiple options:

Pluggable Framework
No-op (no consensus)
PBFT
Notaries - Pluggable Framework, Validity consensus and Uniqueness consensus
Efficiency
Transaction Time
Block Confirmation Time
Development
Proprietary Codebase
General
Blockchain / DLT type
Federated / Consortium, Permissioned Network
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.
Public with Private Forks
Modularity
Modular Architecture is a core focus of Platform
Less focus on modularity
Generic, with DApp and Smart Contract support for wider applications
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.
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
limited by PoW

currently supports a maximum of 15 TPS
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
Integration
60%
86%
58%
Licensing
Licensing
Varous licenses for different parts of code
industry focus
Industry
Industry Agnostic
Finance Focus. Has attached interest from government, energy, insurance, healthcare
Developers
Development Environment (Languages/SDKs)
Golang, Java, NodeJS, Python
Written in Kotlin
Golang, C++, Rust, Python, Solidity
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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  • Ethereum Foundation
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