Alchemy vs. IBM Blockchain Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Alchemy
Score 9.8 out of 10
N/A
Alchemy is a developer platform from the company of the same name in San Francisco, that aims to enable companies to build scalable and reliable decentralized applications without the hassle of managing blockchain infrastructure in-house. The vendor states they support projects in the space, including Augur, Cryptokitties, Kyber, Radar Relay, OpenSea, etc rely on Alchemy to support their core infrastructure needs.N/A
IBM Blockchain Platform
Score 9.7 out of 10
Enterprise companies (1,001+ employees)
Hyperledger Fabric tools and technologies to help build, govern, operate and grow blockchain solutions that can be deployed anywhere. The IBM Blockchain Platform is IBM's commercial deployment of Hyperledger Fabric open source and comes with 24x7x365 support with production grade SLA's to insure blockchain open source solutions stays running.
$0.29
per virtual processor core(VPC) hour
Pricing
AlchemyIBM Blockchain Platform
Editions & Modules
No answers on this topic
IBM Blockchain Platform - Software
$0.29
per virtual processor core(VPC) hour
IBM Blockchain Platform - SaaS
$0.29
per virtual processor core(VPC) hour
Offerings
Pricing Offerings
AlchemyIBM Blockchain Platform
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPrice is very low considering all the advanced functions and open source support you get with this platform.
More Pricing Information
Community Pulse
AlchemyIBM Blockchain Platform
Top Pros
Top Cons

No answers on this topic

User Ratings
AlchemyIBM Blockchain Platform
Likelihood to Recommend
8.0
(1 ratings)
8.0
(17 ratings)
Support Rating
-
(0 ratings)
9.4
(17 ratings)
User Testimonials
AlchemyIBM Blockchain Platform
Likelihood to Recommend
Alchemy
Alchemy is particularly useful in a manufacturing settings. It may not be as beneficial in some other industries.
Read full review
IBM
IBM Blockchain Platform is well suited for scenarios where you need secure transactions, like in logistics, finance, legal agreements. Especially I think is well-suited for smart contracts between devices under the IBM IoT platform, and using Watson AI for predicting future scenarios. In this case, an end-to-end powerful platform can be created from sensor data to business insight.
Read full review
Pros
Alchemy
  • Easy to create custom content
  • Great library of content
  • Supervisor sign off on competencies
Read full review
IBM
  • Immutability - Transactions once made are there forever.
  • Distributed ledger - Allows customers to maintain their own copy of ledger by joining their node onto a blockchain network.
  • Security - Help secure sensitive data, users and devices can be authenticated using the public and private keys.
  • Provenance - Transactional history. Allows seamless dispute resolution.
Read full review
Cons
Alchemy
  • Better integration with HCM
Read full review
IBM
  • Sometimes when I try to instantiate a chain code, it won't let me and the error messages aren't clear so I can't work on a solution
  • When a peer is not working, it's hard to know why just from the console
Read full review
Support Rating
Alchemy
No answers on this topic
IBM
In many cases I do not have to reach out to support because the knowledge base is very detailed, presenting the solutions step by step in a very detailed and intuitive way. At other times the first-level support does not have the necessary knowledge and you must wait for technical support. This is common in any provider but I would love to receive immediate, qualified support through the chat
Read full review
Alternatives Considered
Alchemy
No answers on this topic
IBM
The IBM blockchain platform is very comprehensive for hyperledger fabric and we find it easy to ramp-up our development on the blockchain side. For application service development, we moved to AWS Lambda for its established market position in the domain. Briefly, we did look at Microsoft and Amazon's offerings in blockchain platforms, however, we felt that IBM has a much stronger ecosystem around Hyperledger Fabric and that was indeed helpful at different stages as we progressed on the development.
Read full review
Return on Investment
Alchemy
  • All trainings for the company are in one place.
  • We can have managers sign off on completion of skills.
Read full review
IBM
  • We worked with AST (American Stock Transfer) to record their votes. It was our first product to run in production, which gave us really a big ROI after we started our project.
  • We also started working with PipelineDL and tracking their assets, which made a big impact on supply chain industries.
Read full review
ScreenShots