Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 5th 1st
Score
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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  • Fully Supported
  • Limitation
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  • Information Only
Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
  • + Modular Focus (customized transaction rules, consensus algorithms, permissioning)
  • + Part of the Hyperledger Ecosystem
  • + Harnesses IoT technology to provide additional data
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
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  • - Open source codebase
  • - Very young in development
  • - Still requires many bug fixes
  Content  
  •  
Overview
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Modular Blockchain Platform, released by Hyperledger and championed by Intel.

Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
None
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Support expand
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  Providers  
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% Providers with experience
93% (Hyperledger)
0.93
  Community  
  •  
Size of Developer Team
Large
Large
Moderate
  •  
Support Team / Community
Large. IBM has a direct support line.
Large
Moderate. Some developer resources on Wiki and GitHub.
  •  
Partnerships / Alliances / Size
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
EEA - 150+ companies
Moderate
  Updates  
  •  
Frequency of Updates
Frequent
High
High
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Future Planned Work
Scale into multiple industries
Bug Fixes
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  General  
  •  
Maturity
IBM unveiled its “Blockchain as a Service” offering in March 2017.
Live first in July 2015 (first public blockchain)

First stable release March 2016
Sawtooth 1.0 released in Nov 2017
  •  
Governance
IBM Proprietary BaaS Platform

Linux Foundation
Linux Foundation - Hyperledger Project

On-chain Governance
  •  
Enterprise Focus
Strong Focus. Major contributor to the Hyperledger Fabric project.
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
Strong Focus
  •  
Production Ready
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
SGX / PoET

All transactions are signed by known identities.
  •  
Permissions
Permissionless
Permissioned, Permissionless depending on application
  •  
Privacy
Private channels
Limited (zk-SNARKs, Ring signatures)
Configrable permissions for any node cluster within the network
  Algorithms  
  •  
Consensus
Plugable consensus (PBFT)
PoW & PoS
PoET
Dynamic, Pluggable Consensus Algorithms
  Efficiency  
  •  
Transaction Time
Varies
Moderate
Fast
  •  
Block Confirmation Time
Varies
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
Open Source
  General  
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Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public with Private Forks
Federated / Consortium, Permissioned Network
  •  
Modularity
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Generic, with DApp and Smart Contract support for wider applications
Modular Architecture. Incorporates IoT Sensors that can broaden the use case.
  •  
Scalability
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
limited by PoW

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

Matrix Score

  •  
  •  
  • The Linux Foundation
  • Ethereum Foundation
  • The Linux Foundation
  •  
  • 1 st
  • 5 th
  • 1 st
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