November 5, 2024

Features of the development of leading corporate blockchain platforms

Features of the development of leading corporate blockchain platforms

Over the past few years, market sizeThe corporate blockchain has increased many times, which indicates a high interest on the part of the business. Currently, only six platforms are significant, each of which has its own characteristics.

Team Activity Analysis

The development of private blockchain platforms remainsremains an emerging and growing field within the broader field of software engineering, providing an excellent example for examining how technical professionals involved in new industriesaffect their success.

MultiChain became the first corporateblockchain protocol added to GitHub. Although this happened back in 2015, the rapid development of the market began only in 2018. Currently, only two platforms are really in demand: Corda from the R3 consortium and Hyperledger Fabric, which is backed by the Linux Foundation. Together, they account for 86% of the total number of developers in this area, and their activity continues over time.

At the same time, projects of large corporations strivedevelop code and maintain competitiveness by hiring specialists, and solutions related to public protocols, such as Ethereum-based Quorum, often try to attract representatives of the crypto community.

A study by Chainstack found that17.5 thousand programmers were involved in the development of Fabric, and 4.9 thousand people contributed to Corda. At the same time, Corda developers were twice as productive and worked more stably. Almost 5.7 thousand people contributed to the Quorum protocol, 2.5 thousand to Sawtooth, 1.1 thousand to MultiChain, 640 to Besu. The graph below shows the dynamics of the overall developer activity over time.

Features of the development of leading corporate blockchain platforms

Mainly the dynamics of changes in project activitysimilar, with the exception of Corda's surges in 2017 and 2018 amid growing demand for the protocol, and the recent surge in Hyperledger Fabric associated with the release of the second version of the platform.

Interest in projects

From 2015 to 2019, the number of developerssix leading enterprise blockchain platforms increased 12-fold, although their number changed over time in individual projects. However, their activity has now generally reached a certain level of stability.

Features of the development of leading corporate blockchain platforms

Despite the fact that large companies are increasinglyare beginning to integrate distributed ledger technologies into their business models using existing enterprise solutions, in recent years the activity of developers has gradually faded, with the exception of Fabric. Although this is largely due to the "maturation" of platforms and the specifics of interaction.

Important to the success of the project, itsThe stable operation and development of the protocol has the constant support of the participants, which can only be allowed by large corporations or consortia. Therefore, it is not surprising that they receive more attention.

A good example is Sawtooth, wheresurge in activity at the turn of 2018-2019, followed by a rapid decline in activity. As a result, community interest has reached a minimum level, which threatens the prospects for the continued existence of the platform.

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