Blockchain for Enterprise comparison & reviews

Summary
Rank
2nd 1st 6th
Score
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  • Fully Supported
  • Limitation
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  • Information Only
Pros
  • + Clear Use Case
  • + Wide Adoption in Finance
  • + Focused service offering that makes it easy to use
  • + Can support effective private networks
  • + Built for enterprise implementations
  • + Applies the hyperledger fabric to its business focused application
  • + 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
  • - Speculators can have impact on the cryptocurrency side of the project
  • - Recent controversy with SEC (link in popup)
  • - Early ledger entries are missing
  • - 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
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  Content  
  •  
Overview
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
Modular Blockchain Environment using Hyperledger Fabric, delivered via IBM Cloud
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.
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  Crypto Assets  
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Cryptocurrency
Ripple (XRP)
None
Tron (TRX)
  Logic  
  •  
Smart Contract Functionality
No
Yes
Yes
Support expand
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  Providers  
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% Providers with experience
0.33
93% (Hyperledger)
no data
  Community  
  •  
Size of Developer Team
Moderate
Large
Large in house team
  •  
Support Team / Community
Moderate
Large. IBM has a direct support line.
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
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Partnerships / Alliances / Size
Large
Large. Latest: Veridium Labs, Stellar - Generating and Tracking Carbon Credits on the Blockchain
Moderate
  Updates  
  •  
Frequency of Updates
Quarterly
Frequent
Moderate
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Future Planned Work
Cobalt Algorithm
Scale into multiple industries
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
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  General  
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Maturity
Initially released in 2012. Whitepaper released in 2017 with commercial applications
IBM unveiled its “Blockchain as a Service” offering in March 2017.
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
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Governance
Ripple Labs
IBM Proprietary BaaS Platform

Linux Foundation
TRON Foundation. TRON Super Representatives upon main net launch
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Enterprise Focus
Strong focus, as their core product offerings cater to global banking solutions.
Strong Focus. Major contributor to the Hyperledger Fabric project.
Not enterprise focused, but has the capabilities to support adoption
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Production Ready
Yes
Yes
No
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Website
Website link
Link
Link
Architecture expand
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  Security  
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Security model
Transactions are confirmed and validated through validator nodes.
Similar security models to Hyperledger Fabric, but also incorporates the IBM Cloud Services as an added security layer when using the platform.
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
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Permissions
Permissioned
Permissioned

Permissionless
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Privacy
Transaction information on the ledger is public, but payment information is not.
Private channels
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
  Algorithms  
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Consensus
Ripple Protocol Consensus Algorithm

70+ validators
Plugable consensus (PBFT)
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
  Efficiency  
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Transaction Time
Fast
Varies
Moderate
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Block Confirmation Time
TBD
Varies
Fast
  Development  
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Proprietary Codebase
Open source with proprietary applications
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 but goverened by the TRON organization
  General  
  •  
Blockchain / DLT type
Permissioned Network, Public Architecture
Federated / Consortium, Permissioned Network
Public
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Modularity
Yes
Plug + Play Architecture

Easy to operate software platform to build out use case, test, and implement
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
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Scalability
1500 TPS with potential of tens of thousands through Ripple Payment Channels
Supports 1000 TPS. Designed for high throughput business applications. Scales relative to Hyperledger Fabric new developments.
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
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Storage Capacity
Large
500 transactions per block
Varies
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  Utilities  
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Energy Consumption
Low
Low
Low - Moderate
  Change Management  
  •  
Ease of Integration in Legacy Systems
Easy
Easy
Hard
  •  
Difficulty to Use
Easy
Low
Moderate
  Maintenance  
  •  
Required ongoing Support
Low
Yes
Yes
  Pricing  
  •  
Cost to Use
Varies
Free starter version, then $1000/month + $1000/month for each peer deployed
Low
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  Licensing  
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Licensing
ISC
Apache 2.0
GPL
  industry focus  
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Industry
Financial Services
Cross-industry
Entertainment Industry. Focused on consumer dApps.
  Developers  
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Development Environment (Languages/SDKs)
C/C++, Java, node.js , Go
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
Java, Scala, C++, Python, Go
  Third Party Support  
  •  
API Support
Yes
Yes
In Development
Market Presence expand
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  Engagements  
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% share of engagements
0.04
12% (Hyperledger)
no data
  Uses  
  •  
Number of Use Cases / Implementations
Large
Large
Moderate
  Industry Focus  
  •  
Retail
No
Yes
No
  •  
Finance
Yes
Yes
No
  •  
Logistics
No
Yes
No
  •  
Health Care
No
Yes
No
  •  
Government
Yes
Yes
No
  •  
Agriculture
No
Yes
No
  •  
Entertainment
No
Yes
Yes
  •  
Automotive
No
Yes
No

Matrix Score

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