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IBM Blockchain Platform

IBM Blockchain Platform

Overview

What is IBM Blockchain Platform?

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…

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Recent Reviews

Very Useful Platform

8 out of 10
December 28, 2020
Incentivized
IBM Blockchain Platform is used to develop and manage the blockchain network of an insurance organization's solution with other companies. …
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good value

4 out of 10
October 19, 2020
Incentivized
IBM Blockchain Platform is helpful for maintaining and securing important and classified information to ensure everything is not only …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

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Pricing

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IBM Blockchain Platform - Software

$0.29

On Premise
per virtual processor core(VPC) hour

IBM Blockchain Platform - SaaS

$0.29

Cloud
per virtual processor core(VPC) hour

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.ibm.com/cloud/blockchain…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Details

What is IBM Blockchain Platform?

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.

IBM Blockchain Platform Features

  • Supported: Powerful, easy to use developer productivity tools: The IBM Blockchain Platform helps make any developer a blockchain developers. Enjoy smooth integration between smart contract development and network management with our new Visual Studio (VS) Code extension. With simplified DevOps in a seamless environment, your team can move easily from development, to test, to production. Plus, smart contracts can be developed in JavaScript, Java, and Go languages.
  • Supported: Operate and govern networks with total control: Deploy only the Hyperledger Fabric components you need (Peer, Ordering Service, Certificate Authority). You can manage all network components through a single console, no matter where they are deployed — and maintain complete control over identities, ledger, and smart contracts.
  • Supported: Manage multicloud, Hybrid-cloud, on-premises networks: Connect to nodes running in any environment (on-premises, public, hybrid clouds) and easily connect a single peer to multiple industry networks. You can start small, with no upfront investment, pay as you grow, and upgrade easily through Kubernetes.
  • Supported: Production grade blockchain support for open source: The IBM Blockchain Platform is IBM's commercial deployment of Hyperledger Fabric (a blockchain open source project of the Linux Foundation). IBM certifies an image of the fabric open source and checks for security vulnerabilities daily. IBM offers 24x7x365 support for the Fabric open source code with SLA's suitable for even the most regulated production environments.

IBM Blockchain Platform Integrations

IBM Blockchain Platform Competitors

IBM Blockchain Platform Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsLinux, Hyperledger Fabric
Mobile ApplicationNo
Supported CountriesWorldwide support
Supported LanguagesNode.js, Golang, JavaScript, and Java

IBM Blockchain Platform Downloadables

Frequently Asked Questions

Corda, Oracle Blockchain Cloud, and Azure Blockchain Service are common alternatives for IBM Blockchain Platform.

Reviewers rate Support Rating highest, with a score of 9.4.

The most common users of IBM Blockchain Platform are from Mid-sized Companies (51-1,000 employees).

IBM Blockchain Platform Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)30%
Mid-Size Companies (51-500 employees)30%
Enterprises (more than 500 employees)40%
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Comparisons

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Reviews and Ratings

(46)

Attribute Ratings

Reviews

(1-4 of 4)
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November 05, 2020

Try IBM Blockchain Platform together with Cloud Foundry and Kubernetes Service

Verified User
Engineer in Other
Higher Education Company, 1001-5000 employees
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Use Cases and Deployment Scope
We use IBM Blockchain Platform to develop students' projects for learning purposes. Students analyze the potential of Blockchain technology in several fields, like industry, legal, finance, commerce, [and] social relationships, and study its economic, social, and behavioral impact on people, procedures, and society. Then, they implement several uses cases using IBM Cloud and IBM Blockchain Platform and create a web app to show the implementation of this technology and several transactions.
Pros and Cons
  • Use of Hyperledger Fabric.
  • Integration with Web App Development.
  • Integrated Dashboard.
  • Clarifying concepts about contracts, Certificate Associations and other components.
  • Providing detailed information when an error occurs.
Likelihood to Recommend
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.
Return on Investment
  • Improved satisfaction from our students using the platform.
  • Facility to set up a Blockchain platform in the Cloud.
Alternatives Considered
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.
Support Rating
5
Using the free account, the support is limited. The response times were days or weeks.
Other Software Used
October 19, 2020

good value

Verified User
Professional in Human Resources
Government Administration Company, 10,001+ employees
Score 4 out of 10
Vetted Review
Verified User
Incentivized
Use Cases and Deployment Scope
IBM Blockchain Platform is helpful for maintaining and securing important and classified information to ensure everything is not only tracked but also managed safely. This platform is important for securing personnel files, medical files, and other sources of information that are often updated, transferred, or need to be tracked. The system is the best out there for what it does.
Pros and Cons
  • Managing edits.
  • Tracking changes.
  • Tracing originals.
  • Difficult to use.
  • Strong learning curve.
  • Slow to update.
Likelihood to Recommend
Best used in commercial or logistics applications where you need to create a historical record of point of origin and identify points of transfer along the way. There are also benefits to scenarios where you want to setup automatic milestone activities such as invoicing or reporting when new information is provided.
Return on Investment
  • Satisfaction.
  • Saving time.
  • More data.
Support Rating
4
The platform is definitely useful, albeit can be tough to learn. Overall I would recommend it for situations where the people using it know what they are doing and have the capacity to learn and play within the system to become familiar with how it all works before rolling it out.
September 17, 2020

IBM has done well with blockchain platform

Verified User
Consultant in Information Technology
Information Technology and Services Company, 51-200 employees
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Use Cases and Deployment Scope
We are in the insurance industry, so we are doing a lot of contracts. With digitalization, we were finding ways to not use paper but, in the past, there was an issue of trust with regard to sourcing. With the introduction of blockchain, we found the answer to that concern because blockchain can trace changes. Hence we implemented this to solve issues for our partners who we have to sign contracts with.
Pros and Cons
  • Ready-made, as needed features are available to use, so we can focus on the functionality and leave the rest up to IBM.
  • Stable, as it is cloud-based and IBM takes care of the infrastructure
  • Future, we were using open source at first, but after less than a year, it was no longer an option. But we can trust IBM will continue to support blockchain as a technology partner.
  • Price, as it may a bit expensive to use
  • Local support, as IBM always uses global support where it is hard to get.
Likelihood to Recommend
IBM Blockchain Platform is easy to start with in order to do a POC, and along with other IBM products, it provides one-stop services. However, to live with it, pricing and ROI would need to be big considerations as the cost is a bit high compared to building your own from open source with the same framework. In return, you get the IBM guarantee.
Return on Investment
  • Reduce time to develop as IBM provides it out of the box
  • Price is big concern on ROI
Alternatives Considered
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 easiest blockchain to set up and build that we've found so far.
Support Rating
2
We're not really happy with IBM support. It is an area to improve, seriously. IBM uses tickets, but they are not being looked at or taking the time to provide the necessary support. Upon getting an agent, it will take almost a day to get one single response. Imagine what a disaster that can create when it takes multiple days for just the initial communications.
November 19, 2019

IBM Blockchain Platform Best In Class

Verified User
C-Level Executive in Corporate
Insurance Company, 51-200 employees
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Use Cases and Deployment Scope
We are using IBM Blockchain Platform for the openIDL, a private, permission blockchain network serving the P&C insurance market. Our platform supports the aggregation of policy and claims data in a private, harmonized data store, that is then accessible for regulatory reporting.
Pros and Cons
  • Being open-source means that thousands of developers are upgrading the platform.
  • Excellent management tools.
  • Strong IBM technical support.
  • AAIS is part of the IBM Blockchain Advisory Board. All of our input has been addressed around provisioning and cost.
Likelihood to Recommend
I believe the platform is well suited for all scenarios with the proper architecture and design.
Return on Investment
  • Access to the open-source community for ongoing IBM Blockchain Platform enhancements is the largest contribution to a positive ROI.
  • The new IBM Blockchain Platform pricing model makes the platform more affordable to our network members.
  • Moving IBM Blockchain Platform to OpenShift is a huge benefit for us.
Alternatives Considered
We didn't try any others. An open-source, Hyperledger Fabric was an overriding factor for platform choice.
Support Rating
10
It's open-source, but extended extremely well with a management environment. Also, IBM Blockchain technical support team is world-class.
Other Software Used
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