Blockchain Wars: R3 Corda vs. Ethereum and Hyperledger

Summary

Blockchain is a distributed shared ledger that allows entities to participate in transactions in the network. Blockchain enables public or private networks in which entities are familiar and transaction histories are maintained. We expect that over time, leading digital transaction management and digital business platform providers will leverage private blockchain for identity when multi-parties are present.

Today, enterprises need to decide on which private blockchain to develop their applications on. This is because private blockchain networks are quickly gaining more favor because participants inside the network must be given permission to participate. In this research note, we evaluate Ethereum, Hyperledger, and Corda, three of the emerging choices, and examine how to find the best provider for your enterprise needs.