Best Blockchain Development Platforms

What are Blockchain Development Platforms?

Blockchain Development Platforms offer robust environments for creating, testing, and deploying blockchain applications across various industries. They provide the necessary tools and frameworks to streamline blockchain projects.

The top 5 Blockchain Development Platform solutions are Hedera Hashgraph, Hyperledger Fabric, Ethereum, Cardano and JP Morgan Quorum, as ranked by PeerSpot users in November 2024. Ethereum received the highest rating of 9.0 among the leaders. Hyperledger Fabric is the most popular solution in terms of searches by peers and holds the largest mind share of 32.5%.

These platforms typically feature comprehensive support for smart contract development, decentralized app (dApp) creation, and blockchain network management. They cater to different blockchain protocols, enabling developers to work with Ethereum, Hyperledger, and more. Enhanced security, scalability, and interoperability are common advantages.

What are the critical features?

Comprehensive API: Offers extensive APIs for seamless integration with other systems.
Smart Contract Tools: Provides tools for designing, deploying, and managing smart contracts.
Interoperability: Supports multiple blockchain protocols and facilitates cross-chain transactions.
Security Features: Advanced security measures to protect against fraud and unauthorized access.
Scalability: Solutions designed to grow with increased user demand and data volume.

What benefits or ROI should users look for?

Cost Efficiency: Reduces operational costs by automating processes and enhancing transaction efficiency.
Enhanced Trust: Improves trust through transparent ledgers and immutable records.
Increased Speed: Accelerates transaction processing times compared to traditional methods.
Data Integrity: Ensures data accuracy and reliability with decentralized storage.
Regulatory Compliance: Helps meet regulatory requirements with built-in compliance tools.

In the finance sector, Blockchain Development Platforms are used to create secure and transparent transaction systems. Healthcare organizations leverage these platforms for managing patient records and ensuring data integrity. Supply chain management benefits from improved traceability and reduced fraud.

Blockchain Development Platforms are essential for organizations seeking to leverage the advantages of blockchain technology. They provide the necessary infrastructure and tools to build and maintain blockchain-based applications effectively.

Blockchain Development Platforms solutions mindshare

As of December 2024, in the Blockchain Development Platforms category, the mindshare of Hyperledger Fabric is 32.5%, up from 24.7% compared to the previous year. The mindshare of Hedera Hashgraph is 30.5%, down from 33.0% compared to the previous year. The mindshare of JP Morgan Quorum is 10.8%, up from 9.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Blockchain Development Platforms

Top Blockchain Development Platforms products

Rankings through

#1 Ranked

Hedera Hashgraph

Hedera Hashgraph is a public distributed ledger for building decentralized applications. Developers can build secure, fair, blazing-fast decentralized applications on top of Hedera. The Hedera hashgraph platform provides a new form of distributed consensus; a way for people who don't know or trust each other to securely collaborate and transact online without the need for a trusted intermediary.

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Hyperledger Fabric

Hyperledger Fabric is a blockchain framework implementation and one of the Hyperledger projects hosted by The Linux Foundation. Intended as a foundation for developing applications or solutions with a modular architecture, Hyperledger Fabric allows components, such as consensus and membership services, to be plug-and-play. Hyperledger Fabric leverages container technology to host smart contracts called “chaincode” that comprise the application logic of the system. Hyperledger Fabric was initially contributed by Digital Asset and IBM, as a result of the first hackathon.

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Ethereum

Ethereum is a platform and a programming language that makes it possible for any developer to build and publish next-generation decentralized applications. Ethereum can be used to codify, decentralize, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property, and even smart property thanks to hardware integration. Ethereum borrows the concept of decentralized consensus that makes bitcoin so resilient, yet makes it trivial to build on its foundation. To find out more about how Ethereum works, consult the whitepaper.

9.0

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582

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Cardano

Cardano is more than just a cryptocurrency, however, it is a technological platform that will be capable of running financial applications currently used every day by individuals, organisations and governments all around the world. The platform is being constructed in layers, which gives the system the flexibility to be more easily maintained and allow for upgrades by way of soft forks. After the settlement layer that will run Ada is complete, a separate computing layer will be built to handle smart contracts, the digital legal agreements that will underpin future commerce and business. Cardano will also run decentralised applications, or dapps, services not controlled by any single party but instead operate on a blockchain.

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JP Morgan Quorum

Quorum is a J.P. Morgan built blockchain platform based on Ethereum protocol. Quorum is designed for processing transactions within a permissioned network which solves for privacy and performance challenges.

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Stellar

Stellar will tailor a solution to suit your specific customer and to fit your specific goals. We’ll employ the right channel - or mix of channels - including voice, social media, web chat, and virtual agents. Your back-of-house operations will be in safe hands with our shared services team. And throughout all of this our customer insights programs can harness real-time feedback, directly from the voice of the customer.

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EOSIO

Published by Block.one, EOSIO is a compliant blockchain protocol that enables horizontal scaling of decentralized applications, allowing developers to efficiently create high performance distributed applications. The EOSIO software provides accounts, authentication, databases, and the scheduling of applications across multiple CPU cores and/or clusters. This allows for horizontal scalability, replaces user fees with an ownership model, and powers simple deployment of decentralized applications.

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NEO

NEO is an open source project driven by the community. It utilizes blockchain technology and digital identities to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a "Smart Economy". NEO was founded in 2014 and open sourced on GitHub in June 2015. Its MainNet was released in October 2016 and has been running in stable capacity for two years. Its vision of a "smart economy" was set up along with the project rebranding in 2017.

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Tatum

Tatum is the fastest way to build, test and run blockchain apps. We offer the most flexible platform for developers to turn their blockchain ideas into reality fast.

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