Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 3rd 5th
Score
0%
0%
User Reviews
Question?
Not Enabled Not Enabled Not Enabled
Analysis expand by MLG Blockchain Jeff Holek
by MLG Blockchain
Select All
Information expand
0%
0%
0%
  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to 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
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  Content  
  •  
Overview
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
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
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications expand
0%
0%
0%
  Crypto Assets  
  •  
Cryptocurrency
None
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Support expand
0%
0%
0%
  Providers  
  •  
% Providers with experience
93% (Hyperledger)
0.33
0.93
  Community  
  •  
Size of Developer Team
Large
Moderate
Large
  •  
Support Team / Community
Large. IBM has a direct support line.
Moderate
Large
  •  
Partnerships / Alliances / Size
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
Large
EEA - 150+ companies
  Updates  
  •  
Frequency of Updates
Frequent
Quarterly
High
  •  
Future Planned Work
Scale into multiple industries
Cobalt Algorithm
Assessment expand
0%
0%
0%
  General  
  •  
Maturity
IBM unveiled its “Blockchain as a Service” offering in March 2017.
Initially released in 2012. Whitepaper released in 2017 with commercial applications
Live first in July 2015 (first public blockchain)

First stable release March 2016
  •  
Governance
IBM Proprietary BaaS Platform

Linux Foundation
  •  
Enterprise Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Strong focus, as their core product offerings cater to global banking solutions.
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
  •  
Production Ready
Yes
Yes
  •  
Website
Link
Website link
Link
Architecture expand
0%
0%
0%
  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.
Transactions are confirmed and validated through validator nodes.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
  •  
Permissions
Permissioned
Permissionless
  •  
Privacy
Private channels
Transaction information on the ledger is public, but payment information is not.
Limited (zk-SNARKs, Ring signatures)
  Algorithms  
  •  
Consensus
Plugable consensus (PBFT)
Ripple Protocol Consensus Algorithm

70+ validators
PoW & PoS
  Efficiency  
  •  
Transaction Time
Varies
Fast
Moderate
  •  
Block Confirmation Time
Varies
  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
Open Source
  General  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Permissioned Network, Public Architecture
Public with Private Forks
  •  
Modularity
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Yes
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.
1500 TPS with potential of tens of thousands through Ripple Payment Channels
limited by PoW

currently supports a maximum of 15 TPS
  •  
Storage Capacity
500 transactions per block
Large
Varies
TCO expand
0%
0%
0%
  Utilities  
  •  
Energy Consumption
Low
Low
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Easy
Hard
  •  
Difficulty to Use
Low
Easy
Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Yes
  Pricing  
  •  
Cost to Use
Free starter version, then $1000/month + $1000/month for each peer deployed
Varies
Low
Integration expand
0%
0%
0%
  Licensing  
  •  
Licensing
Apache 2.0
Varous licenses for different parts of code
  industry focus  
  •  
Industry
Cross-industry
Cross-industry
  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
C/C++, Java, node.js , Go
Golang, C++, Rust, Python, Solidity
  Third Party Support  
  •  
API Support
Yes
Yes
Market Presence expand
0%
0%
0%
  Engagements  
  •  
% share of engagements
12% (Hyperledger)
0.04
0.52
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
  Industry Focus  
  •  
Retail
  •  
Finance
  •  
Logistics
  •  
Health Care
  •  
Government
  •  
Agriculture
  •  
Entertainment
  •  
Automotive

Matrix Score

  •  
  •  
  • IBM
  • Ripple
  • Ethereum Foundation
  •  
  • 1 st
  • 3 rd
  • 5 th
X
Login to access your personal profile

Forgot your Password?
X
Signup with linkedin
X

Registered, but not activated? click here (resend activation link)

Login to access your personal profile

Receive new comparison alerts

Show me as community member

I agree to your Terms of services

GDPR