Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 3rd 2nd
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
  • + Developing quickly with lots of capital and community presence
  • + Positioned well in the Entertainment Space as the market leader
  • + Development focus is for large commercial adoption
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
Cons
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  • - 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.
  Content  
  •  
Overview
The Tron Protocol aims to host entertainment applications and digital content on a decentralized platform fuelled by the TRX token economy. Developed originally on the Ethereum protocol, Tron has invested significant development effort to create their own, scalable protocol and launch their main net in June 2018.
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
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
Applications expand
0%
0%
0%
  Crypto Assets  
  •  
Cryptocurrency
Tron (TRX)
Ripple (XRP)
VeChain Token (VET) and VeThor Tokens (VTHO)
  Logic  
  •  
Smart Contract Functionality
Yes
No
Yes
Support expand
0%
0%
0%
  Providers  
  •  
% Providers with experience
no data
0.33
N/A
  Community  
  •  
Size of Developer Team
Large in house team
Moderate
Large
  •  
Support Team / Community
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Moderate
Large
  •  
Partnerships / Alliances / Size
Moderate
Large
Large
  Updates  
  •  
Frequency of Updates
Moderate
Quarterly
Frequent
  •  
Future Planned Work
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Cobalt Algorithm
Main Net Rollout
Assessment expand
0%
0%
0%
  General  
  •  
Maturity
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Initially released in 2012. Whitepaper released in 2017 with commercial applications
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
  •  
Governance
TRON Foundation. TRON Super Representatives upon main net launch
Ripple Labs
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
Not enterprise focused, but has the capabilities to support adoption
Strong focus, as their core product offerings cater to global banking solutions.
Core Focus
  •  
Production Ready
No
Yes
Yes
  •  
Website
Link
Website link
Link
Architecture expand
0%
0%
0%
  Security  
  •  
Security model
Public Blockchain with security features built in.

Lamport digital signature algorithm. Claims to be resistant to quantum computer attacks.

Customized P2P network with data storage encryption, location transparency, source nontraceability

Merkle Patricia Trie data structure
Transactions are confirmed and validated through validator nodes.
"Block Security Protocol" (BSP)
  •  
Permissions

Permissionless
Permissioned
Permissioned Aspects
  •  
Privacy
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Transaction information on the ledger is public, but payment information is not.
Yes
  Algorithms  
  •  
Consensus
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Ripple Protocol Consensus Algorithm

70+ validators
Proof of Authority
  Efficiency  
  •  
Transaction Time
Moderate
Fast
No data
  •  
Block Confirmation Time
Fast
TBD
Fast
  Development  
  •  
Proprietary Codebase
Open source but goverened by the TRON organization
Open source with proprietary applications
Open source with proprietary applications
  General  
  •  
Blockchain / DLT type
Public
Permissioned Network, Public Architecture
Public
  •  
Modularity
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
Yes
Yes
  •  
Scalability
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
1500 TPS with potential of tens of thousands through Ripple Payment Channels
50 - 10,000 TPS
  •  
Storage Capacity
Varies
Large
Depends on implementation
TCO expand
0%
0%
0%
  Utilities  
  •  
Energy Consumption
Low - Moderate
Low
Medium
  Change Management  
  •  
Ease of Integration in Legacy Systems
Hard
Easy
Easy
  •  
Difficulty to Use
Moderate
Easy
Easy
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Low
  Pricing  
  •  
Cost to Use
Low
Varies
Varies
Integration expand
0%
0%
0%
  Licensing  
  •  
Licensing
GPL
ISC
GNU Lesser General Public License v3.0
  industry focus  
  •  
Industry
Entertainment Industry. Focused on consumer dApps.
Financial Services
  Developers  
  •  
Development Environment (Languages/SDKs)
Java, Scala, C++, Python, Go
C/C++, Java, node.js , Go
GoLang, C, Solidity, JavaScript, Java, TypeScript
  Third Party Support  
  •  
API Support
In Development
Yes
Yes
Market Presence expand
0%
0%
0%
  Engagements  
  •  
% share of engagements
no data
0.04
N/A
  Uses  
  •  
Number of Use Cases / Implementations
Moderate
Large
Large
  Industry Focus  
  •  
Retail
No
No
Yes
  •  
Finance
No
Yes
Yes
  •  
Logistics
No
No
Yes
  •  
Health Care
No
No
Yes
  •  
Government
No
Yes
Yes
  •  
Agriculture
No
No
Yes
  •  
Entertainment
Yes
No
Yes
  •  
Automotive
No
No
Yes

Matrix Score

  •  
  •  
  • The Linux Foundation
  • Ripple
  • VeChain Foundation
  •  
  • 1 st
  • 3 rd
  • 2 nd
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