Bitcoin Alternatives

Blockchain Platforms

Considering alternatives to Bitcoin? See what this market Bitcoin users also considered in their purchasing decision. When evaluating different solutions, potential buyers compare competencies in categories such as evaluation and contracting, integration and deployment, service and support, and specific product capabilities.

Check out real reviews verified by Gartner to see how Bitcoin compares to its competitors and find the best software or service for your organization.

Reviewed in Last 12 Months

How Alternatives Are Selected

1. Chainalysis KYT

4.7

Triggers the alerting needed to know if your platform has risky funds that were deposited or if funds were sent to risky blockchain-wallet addresses Read all insights and reviews for Chainalysis KYT

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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2. IBM Blockchain

By IBM

4.4

Great tool to start off if you are trying to get into Blockchain technology. Its built on top of open source Hyperledger Fabric and brings its own features to enrich it. it's easy to deploy the solution in any environment - public or private cloud. Smart contracts can be written in JavaScript, Java, and Go languages. To start off though, you need to understand the architecture of the product so you can utilize it better. Also you need to understand the business problem that you are solving and the compare it with the features and tools the IBM Blockchain is providing to see if its a right match. There are few other competitors along with other open source tools that one can make use of so if the business case matches, then this is a very good product to get working with. Read all insights and reviews for IBM Blockchain

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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3. Ripple

4.7

Ripple is great for fast and cheap international payments. It takes a few seconds to complete and are also faster than some traditional bank transactions. Only limitation is that it does not offer a platform to write smart contracts and deploy to develop decentralized applications.Read all insights and reviews for Ripple

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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4. Ethereum

By Ethereum Foundation

4.4

Ethereum is the most widely used cryptocurrency platform for developing your own NFT's and decentralized apps as it is based on the distributed Ledger system called Blockchain. The most powerful feature of Ethereum is the ability to create smart contracts. Since it is based on a distributed ledger system, it doesn't require a centralized governing agency like banks.Read all insights and reviews for Ethereum

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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5. Fireblocks

4.9

We are a globally distributed team and the fact that we can approve transactions for different teams at different hours makes it very efficient in serving our clients Read all insights and reviews for Fireblocks

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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6. Hyperledger Fabric

By The Linux Foundation

4.2

A lot of tutorial, really helpful for beginners. It's a private blockchain so really interesting for transaction which need privacy Read all insights and reviews for Hyperledger Fabric

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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7. Stellar

4.6

The cost is in line with its competitors and less expensive than some. The support is great for this product. We use a MSP to monitor our implementation.Read all insights and reviews for Stellar

Where Bitcoin Scored Higher

Better at service and support
Easier to integrate and deploy
Better evaluation and contracting

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8. Microsoft Azure Blockchain

5

Microsoft Azure Blockchain is best of cloud basis Blockchain service. No need server. Once setup for Azure Blockchain its used via API's calls or Visual Studio code. Its good and super cloud blockchain. Another one is Cosmos DB. Its stored blockchain transaction data. its star of the blockchain service providers. Read all insights and reviews for Microsoft Azure Blockchain

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