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Why Ethereum is the Right - and Wrong - Foundation for Enterprise Blockchain

Posted by Dejan Ćušić on Apr 24, 2019 5:15:02 PM

Depending on which surveys you look at, Ethereum is the foundation for anything from “most” to “nearly all” serious business blockchain development. More than 90 percent of the blockchain tools and libraries on GitHub are Ethereum-compatible. For the foreseeable future, Ethereum is the standard platform for enterprise blockchain projects.

This is true despite the fact that Ethereum has serious shortcomings that make it unsuitable for enterprise-scale projects.

In this post, I’ll show you why Ethereum is a necessary but not sufficient technology for building real-world blockchain apps. Combined with tools and protocols that address its limits - technology like Kaleido from ConsenSys - Ethereum is a very solid foundation for enterprise-scale blockchain.

 

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Topics: Blockchain, kaleido