TrustRadius

IBM Blockchain Platform vs. SettleMint

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
SettleMint
Score 0.0 out of 10
N/A
SettleMint is a low-code platform for blockchain application development that enables engineering teams to build, integrate and launch applications on web3 infrastructure.N/A
Pricing
IBM Blockchain PlatformSettleMint
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
No answers on this topic
Offerings
Pricing Offerings
IBM Blockchain PlatformSettleMint
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
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
IBM Blockchain PlatformSettleMint
Considered Both Products
IBM Blockchain Platform
Verified User
Anonymous
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
Anonymous
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
Anonymous
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
Anonymous
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
Anonymous
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
Anonymous
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
Anonymous
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 …
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 …
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
Verified User
Anonymous
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
Anonymous
Chose IBM Blockchain Platform
We didn't try any others. An open-source, Hyperledger Fabric was an overriding factor for platform choice.
SettleMint

No answer on this topic

User Ratings
IBM Blockchain PlatformSettleMint
Likelihood to Recommend
8.0
(0 ratings)
-
(0 ratings)
Support Rating
9.4
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Blockchain PlatformSettleMint
Likelihood to Recommend
In my personal opinion, IBM Blockchain Platform is an off-the-shelf ready blockchain service offering. Customers can focus on building their solution rather than understanding the nitty-gritty of blockchain network setup, implementation & maintenance. Gives the advantage of Time to market. With IBM Blockchain Platform customers could potentially launch their blockchain based solutions in a very short timeframe.
Verified User
Anonymous
Read full review
No answers on this topic
Pros
  • 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.
Verified User
Anonymous
Read full review
No answers on this topic
Cons
  • 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
No answers on this topic
Support Rating
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
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No answers on this topic
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.
Verified User
Anonymous
Read full review
No answers on this topic
Return on Investment
  • We are still at early stages to really define the ROI for using IBM Blockchain Platform, but we will not shy off from saying that IBM Blockchain Platform has really simplified for us to adopt a new technology and explore applications around the same.
Verified User
Anonymous
Read full review
No answers on this topic
ScreenShots