IBM Blockchain Platform vs. Oracle Blockchain Cloud

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
Oracle Blockchain Cloud
Score 7.5 out of 10
N/A
Oracle offers the Blockchain Cloud PaaS, a complete, production-ready blockchain platform based on Hyperledger Fabric.N/A
Pricing
IBM Blockchain PlatformOracle Blockchain Cloud
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 PlatformOracle Blockchain Cloud
Free Trial
YesNo
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 PlatformOracle Blockchain Cloud
User Ratings
IBM Blockchain PlatformOracle Blockchain Cloud
Likelihood to Recommend
8.0
(0 ratings)
9.0
(0 ratings)
Support Rating
9.4
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Blockchain PlatformOracle Blockchain Cloud
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.
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At AMIS we believe that blockchain can be a valuable technology for at least the following industries; Food & Agriculture, Smart Asset Management and Social Housing.
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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.
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  • Because of the ready set of APIs, it becomes easy to interact with Oracle Blockchain Cloud, and to integrate with other systems.
  • The built-in security features, such as identity management and data encryption, made it an ideal choice given our industry requirements and compliance needs.
  • The deployment flexibility, as it enabled us to choose either using the private cloud option, deploy on Oracle public cloud, or a mix between them in a hybrid deployment.
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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
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  • We need to see Oracle Blockchain Cloud communicate and integrate with other BC networks.
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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
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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.
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The local presence of Oracle and their support make this initiative a success story. The built-in features include such as the ready set of REST API's, enhanced security features, and strong monitoring tools.
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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.
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  • It has a direct positive impact on ROI, and by eliminating intermediaries from the process, we saved the related cost, which makes funds transfer cheaper.
  • It's provided more simple back-office operations, which again has a direct positive impact on ROI by saving staff time and efforts in handling transactions.
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ScreenShots