Blockchain for Enterprise comparison & reviews

Summary
Rank
3rd 6th 1st
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
  • + 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
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Strong, professional backing of contributors
Cons
  • - 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
  • - 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
  Content  
  •  
Overview
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.
Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
VeChain Token (VET) and VeThor Tokens (VTHO)
Tron (TRX)
None
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
N/A
no data
0.93
  Community  
  •  
Size of Developer Team
Large
Large in house team
Large
  •  
Support Team / Community
Large
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Large. IBM has a direct support line.
  •  
Partnerships / Alliances / Size
Large
Moderate
200+
  Updates  
  •  
Frequency of Updates
Frequent
Moderate
Quarterly
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Future Planned Work
Main Net Rollout
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
V1.2
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  General  
  •  
Maturity
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
First release: July 2017


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Governance
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
Linux Foundation - Hyperledger Project Contributors
  •  
Enterprise Focus
Core Focus
Not enterprise focused, but has the capabilities to support adoption
Strong Focus
  •  
Production Ready
Yes
No
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
"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
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
  •  
Permissions
Permissioned Aspects

Permissionless
Consortium

Permissioned, private network.
  •  
Privacy
Yes
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Private Channels
  Algorithms  
  •  
Consensus
Proof of Authority
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Multiple options:

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

Matrix Score

  •  
  •  
  • Ripple
  • TRON Foundation
  • The Linux Foundation
  •  
  • 3 rd
  • 6 th
  • 1 st
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