Blockchain for Enterprise comparison & reviews

Summary
Rank
6th 4th 2nd
Score
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Analysis expand by MLG Blockchain Michael Gord
by MLG Blockchain
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  • Fully Supported
  • Limitation
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  • 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
  • + Not a blockchain. Uses Distributed Ledger Technology to achieve similar end goals and benefits.
  • + Large Financial Institutional backing
  • + Built specifically for Enterprise 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
  • - Less use cases than alternatives
  • - Smaller Developer Community (Slower Updates)
  • - Not a lot of developer expertise compared to competition
  • - 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.
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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.
Corda is a distributed ledger platform designed to record, manage and automate legal agreements between business partners. Designed by (and for) the worlds largest financial institutions yet with applications in multiple industries. It offers a unique response to the privacy and scalability challenges facing decentralised applications.
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
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  Crypto Assets  
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Cryptocurrency
None
VeChain Token (VET) and VeThor Tokens (VTHO)
  Logic  
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Smart Contract Functionality
Yes
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  Providers  
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% Providers with experience
0.6
  Community  
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Size of Developer Team
Large in house team
Moderate
Large
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Support Team / Community
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Moderate
Large
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Partnerships / Alliances / Size
Moderate
60+ Companies
Large
  Updates  
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Frequency of Updates
Moderate
Frequent
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Future Planned Work
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Partnerships for Application Development
Main Net Rollout
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  General  
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Maturity
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Corda was released open source in November 2016
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
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Governance
TRON Foundation. TRON Super Representatives upon main net launch
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
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Enterprise Focus
Not enterprise focused, but has the capabilities to support adoption
Strong Focus
Core Focus
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Production Ready
No
Yes
Yes
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Website
Link
Link
Link
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  Security  
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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
Data is only shared between parties involved in the transaction, verifiers, and permissioned observers. This allows an extra layer of security from traditional DLT where the data is spread throughout the network.
"Block Security Protocol" (BSP)
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Permissions
Permissioned Aspects
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Privacy
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Privacy concerns are addressed through the pluggable uniqueness services, and restriction of viewing transactions.
Yes
  Algorithms  
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Consensus
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Notaries - Pluggable Framework, Validity consensus and Uniqueness consensus
Proof of Authority
  Efficiency  
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Transaction Time
Fast
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Block Confirmation Time
Fast
  Development  
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Proprietary Codebase
Open source but goverened by the TRON organization
Open source with proprietary applications
  General  
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Blockchain / DLT type
Public
Not a blockchain. Uses DLT to create transaction efficiencies between permissioned parties rather than the same ledger for the entire network, which R3 Corda believes is inefficient.
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Modularity
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
Less focus on modularity
Yes
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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
Corda focuses on scaling through reducing inefficiencies in consensus mechanisms. By limiting involvement to just the transacting parties, beneficiaries, and verifiers it aims to position itself as more scalable than PoW
50 - 10,000 TPS
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Storage Capacity
Varies
Varies
Depends on implementation
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  Utilities  
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Energy Consumption
Low - Moderate
Varies
Medium
  Change Management  
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Ease of Integration in Legacy Systems
Hard
Varies