Blockchain for Enterprise comparison & reviews

Summary
Rank
1st 2nd 6th
Score
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + 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
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
  • - 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.
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  Content  
  •  
Overview
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
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.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
None
VeChain Token (VET) and VeThor Tokens (VTHO)
Tron (TRX)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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0%
  Providers  
  •  
% Providers with experience
0.93
N/A
no data
  Community  
  •  
Size of Developer Team
Large
Large
Large in house team
  •  
Support Team / Community
Large. IBM has a direct support line.
Large
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
  •  
Partnerships / Alliances / Size
200+
Large
Moderate
  Updates  
  •  
Frequency of Updates
Quarterly
Frequent
Moderate
  •  
Future Planned Work
V1.2
Main Net Rollout
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Assessment expand
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  General  
  •  
Maturity
First release: July 2017


Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
  •  
Governance
Linux Foundation - Hyperledger Project Contributors
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
TRON Foundation. TRON Super Representatives upon main net launch
  •  
Enterprise Focus
Strong Focus
Core Focus
Not enterprise focused, but has the capabilities to support adoption
  •  
Production Ready
Yes
Yes
No
  •  
Website
Link
Link
Link
Architecture expand
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  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
"Block Security Protocol" (BSP)
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
  •  
Permissions
Consortium

Permissioned, private network.
Permissioned Aspects

Permissionless
  •  
Privacy
Private Channels
Yes
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
  Algorithms  
  •  
Consensus
Multiple options:

Pluggable Framework
No-op (no consensus)
PBFT
Proof of Authority
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
  Efficiency  
  •  
Transaction Time
Varies
No data
Moderate
  •  
Block Confirmation Time
Varies
Fast
Fast
  Development  
  •  
Proprietary Codebase
Open Source
Open source with proprietary applications
Open source but goverened by the TRON organization
  General  
  •  
Blockchain / DLT type
Federated / Consortium, Permissioned Network
Public
Public
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Modularity
Modular Architecture is a core focus of Platform
Yes
Similar to Ethereum:
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.
50 - 10,000 TPS
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
  •  
Storage Capacity
500 transactions per block
Depends on implementation
Varies
TCO expand
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  Utilities  
  •  
Energy Consumption
Varies
Medium
Low - Moderate
  Change Management  
  •  
Ease of Integration in Legacy Systems
Varies
Easy
Hard
  •  
Difficulty to Use
Low-Moderate
Easy
Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Yes
  Pricing  
  •  
Cost to Use
Free
Varies
Low
Integration expand
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  Licensing  
  •  
Licensing
Apache 2.0
GNU Lesser General Public License v3.0
GPL
  industry focus  
  •  
Industry
Industry Agnostic
Entertainment Industry. Focused on consumer dApps.
  Developers  
  •  
Development Environment (Languages/SDKs)
Golang, Java, NodeJS, Python
GoLang, C, Solidity, JavaScript, Java, TypeScript
Java, Scala, C++, Python, Go
  Third Party Support  
  •  
API Support
Yes
Yes
In Development
Market Presence expand
0%
0%
0%
  Engagements  
  •  
% share of engagements
0.12
N/A
no data
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Moderate
  Industry Focus  
  •  
Retail
Yes
Yes
No
  •  
Finance
Yes
Yes
No
  •  
Logistics
Yes
Yes
No
  •  
Health Care
Yes
Yes
No
  •  
Government
Yes
Yes
No
  •  
Agriculture
Yes
Yes
No
  •  
Entertainment
Yes
Yes
Yes
  •  
Automotive
Yes
Yes
No

Matrix Score

  •  
  •  
  • IBM
  • VeChain Foundation
  • TRON Foundation
  •  
  • 1 st
  • 2 nd
  • 6 th
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