TrustRadius

IBM Blockchain Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
IBM Blockchain Platform
Editions & Modules
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
IBM Blockchain Platform
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
Yes
Entry-level 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
IBM Blockchain Platform
Considered Both Products
IBM Blockchain Platform
Verified User
Director
Chose IBM Blockchain Platform
We looked at Ethereum but didn't do any deep research on this. Focus was most on establishing a private blockchain network.
Verified User
Engineer
Chose IBM Blockchain Platform
The scalability and the good documentation, which is built on Hyperledger fabric--the most widespread corporate network--the possibility of integration with other cloud structures. Another interesting factor is the ability to add users in just minutes. An aspect valued by the …
Jerzy Giersz | TrustRadius Reviewer
Jerzy Giersz
CEO / Owner
Chose IBM Blockchain Platform
IBM Blockchain Platform is currently the most reliable solution on the market. Using IBM's platform gives you the complete environment to build blockchain solutions.
Verified User
Director
Chose IBM Blockchain Platform
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.
Verified User
Engineer
Chose IBM Blockchain Platform
The use of Hyperledger Fabric from the IBM Blockchain Platform is a clear advantage against the other platforms, because [it] is an open standard and it is more efficient because of the centralized ordering service.
Verified User
Director
Chose IBM Blockchain Platform
The Amazon Managed Blockchain is a very good competitor to the IBM Blockchain Platform and has a "starter" package that IBM does not. That said, there isn't a free tier in AWS Blockchain and they cap the maximum amount of MSPs in a single network to 14 (production), which does …
Verified User
Consultant
Chose IBM Blockchain Platform
IBM is no. 1 for an active blockchain platform. Its version is much better than Amazon Managed Blockchain. With the branding of IBM, compared to others or building our own, it is easier for us to convince partners to join our network and use our solution. Plus, IBM is the …
Verified User
Engineer
Chose IBM Blockchain Platform
IBM provides more advanced customization and interoperability than other platforms.
Hasnaeen Ferdous | TrustRadius Reviewer
Hasnaeen Ferdous
Software Infrastructure Egineer(DevOps)
Chose IBM Blockchain Platform
We used Kubernetes for many purposes. We deployed IBM Blockchain Platform in Kubernetes. We manage our own cloud application in Kubernetes. We used Event Streams to stream incoming requests before processing in Blockchain. We have used VPC to manage our own SDK and apps before …
CM
Cesar Martinez
Software Engineer
Chose IBM Blockchain Platform
I did not use any other blockchain platform other than this. I use other products of the IBM Cloud like kubernetes, object storage
Jay Fallah | TrustRadius Reviewer
Jay Fallah
Founder & CTO
Chose IBM Blockchain Platform
IBM Blockchain Platform for better or worse has a defined low-code path for development. The main reasons were the speed of transaction since it is a central and not distributed workflow and the lack of consensus between parties that are not involved in the transaction reduces …
Verified User
Engineer
Chose IBM Blockchain Platform
IBM Blockchain Platform is more flexible, customizable, and requires less starting set up. It is comparatively better for learning and to get started with materials in terms of blogs and labs. It has better synergy with the framework as it is one of the main contributors for …
Zachary Jones | TrustRadius Reviewer
Zachary Jones
VP Engineering
Chose IBM Blockchain Platform
  • IBM has a longer history of experience with deploying Hyper Ledge Fabric in production with serious clients. This enables us to have great industry exposure and make better decisions. That same experience does not seem to exist with the other major cloud vendors and their …
Verified User
C-Level Executive
Chose IBM Blockchain Platform
We didn't try any others. An open-source, Hyperledger Fabric was an overriding factor for platform choice.
Top Pros
Top Cons
User Ratings
IBM Blockchain Platform
Likelihood to Recommend
8.0
(17 ratings)
Support Rating
9.4
(17 ratings)
User Testimonials
IBM Blockchain Platform
Likelihood to Recommend
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.
Verified User
Anonymous
Read full review
Pros
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.
Verified User
Anonymous
Read full review
Cons
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
Verified User
Anonymous
Read full review
Support Rating
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
Verified User
Anonymous
Read full review
Alternatives Considered
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.
Verified User
Anonymous
Read full review
Return on Investment
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.
Hasnaeen Ferdous | TrustRadius Reviewer
Hasnaeen Ferdous
Software Infrastructure Egineer(DevOps)
Read full review
ScreenShots