10 Best Blockchain Tools Shortlist
Here's my pick of the 10 best software from the 25 tools reviewed.
Navigating the blockchain industry, I've discovered a plethora of blockchain development tools designed for various operating systems, including Windows, Mac, and iOS. These tools, tailored for creating robust blockchain applications, often leverage the power of the Ethereum Virtual Machine. From managing auctions and supply chain processes to accessing block history and deploying machine learning solutions, these tools come equipped with an interactive console to test networks and track blockchain apps.
Whether you're working with Microsoft's suite or diving into the nuances of blockchain apps, the right tool can alleviate the challenges of integrating blockchain into diverse sectors, making the development journey smoother and more intuitive.
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Best Blockchain Tools Summary
This comparison chart summarizes pricing details for my top blockchain tools selections to help you find the best one for your budget and business needs.
| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 | Best for enterprise blockchain solutions | Not available | Pricing upon request | Website | |
| 2 | Best for NFT development and management | Not available | Pricing upon request | Website | |
| 3 | Best for Ethereum wallet and token management | Not available | Pricing upon request | Website | |
| 4 | Best for running Ethereum nodes | Not available | Pricing upon request | Website | |
| 5 | Best for reliable Ethereum infrastructure | Not available | Pricing upon request | Website | |
| 6 | Best for sustainable blockchain solutions | Not available | Pricing upon request | Website | |
| 7 | Best for personal blockchain for Ethereum testing | Not available | Pricing upon request | Website | |
| 8 | Best for dApp development and testing | Free demo available | Pricing upon request | Website | |
| 9 | Best for Ethereum smart contract development | Not available | From $70/user/month (billed annually) | Website | |
| 10 | Best for decentralized Oracle networks | Not available | Pricing upon request | Website |
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Docker
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Pulumi
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Best Blockchain Tools Reviews
Below are my detailed summaries of the best blockchain tools that made it onto my shortlist. My reviews offer a detailed look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.
Hyperledger Fabric is a modular and customizable blockchain framework intended to support the development of enterprise-grade applications. With a primary focus on the needs of businesses, it's clear how Hyperledger Fabric positions itself as the top choice for enterprise blockchain solutions.
Why I Picked Hyperledger Fabric: When selecting a tool for enterprise blockchain needs, my judgment veered towards Hyperledger Fabric. Comparing it with other platforms, I formed the opinion that its modular architecture and focus on privacy make it distinct in the blockchain sphere.
I chose Hyperledger Fabric as the "best for enterprise blockchain solutions" because of its ability to cater to the specific requirements of businesses, ensuring scalability and confidentiality.
Standout Features & Integrations:
Hyperledger Fabric stands out with its permission nature, allowing enterprises to have control over who can access the network. It also offers chaincode functionality, enabling businesses to write smart contracts in standard programming languages.
As for integrations, Hyperledger Fabric is designed to work well with existing enterprise systems, and it is compatible with various databases like CouchDB for ledger storage.
Pros and cons
Pros:
- Modular design allows for improved customization
- Supports smart contracts in multiple languages
- Tailored for enterprise use with permission access control
Cons:
- Not as decentralized as public blockchains
- Requires a good understanding of its architecture for effective use
- Might be overkill for smaller projects or startups
Alchemy NFT API serves as a beacon for developers in the vast sea of NFT creation and management tools. As the non-fungible token (NFT) wave continues to crest, this tool provides a comprehensive solution, making it genuinely optimal for NFT development and management.
Why I Picked Alchemy NFT API: When determining which tool to select for this niche, I was impressed by Alchemy NFT API's robust features and streamlined approach. It's not just about my opinion; when comparing its capabilities with other platforms, Alchemy NFT API consistently emerged as the front-runner.
Given the growing complexity in the NFT space, having a tool that specializes in NFT development and management is crucial, and that's why Alchemy is best for this role.
Standout Features & Integrations:
The Alchemy NFT API stands out with its real-time notifications on NFT transfers, ensuring developers are always in the loop. Additionally, it offers a highly granular search mechanism that makes it simple to locate specific NFTs within a collection.
Integration-wise, Alchemy NFT API dovetails with many popular blockchain platforms, enhancing its utility for developers entrenched in various ecosystems.
Pros and cons
Pros:
- Broad integration scope with popular blockchain platforms
- Granular search capabilities simplify locating specific NFTs
- Real-time notifications keep developers updated on NFT transfers
Cons:
- Some advanced features might be locked behind higher pricing tiers
- Requires a learning curve for those new to NFT development
- Might be overkill for hobbyist developers or small-scale projects
MetaMask functions as both a browser extension and mobile application, serving as an Ethereum wallet that facilitates interactions with the Ethereum blockchain. Its utility extends to token management, allowing users to store, send, and manage their Ethereum tokens.
Given its integration capabilities and user-friendly interface, it naturally stands out as the best choice for Ethereum wallet and token management.
Why I Picked MetaMask: During my deep dive into crypto wallet solutions, MetaMask continually rose to the top. The selection process included comparing features, security measures, and user reviews, which made it clear that MetaMask had an edge. Judging from its widespread adoption and reputation, I determined that MetaMask is undoubtedly best for Ethereum wallet and token management.
Standout Features & Integrations:
MetaMask boasts features like a secure identity vault, allowing users to manage multiple identities across various networks. It also supports Ethereum-based tokens and offers a built-in token swap feature, which users find highly practical. In terms of integrations, MetaMask connects with various Ethereum-based DApps and platforms, positioning itself as a gateway to the decentralized web.
Pros and cons
Pros:
- Prioritizes user security with private key access
- Acts as an interface for numerous decentralized applications
- Supports multiple Ethereum tokens and networks
Cons:
- Occasional transaction fee estimations might seem higher than alternative wallets
- For newcomers, the interface can be a tad overwhelming initially
- Mainly Ethereum-centric; limited support for other blockchains
Geth, an abbreviation for "Go Ethereum", stands as a command-line interface for running an Ethereum node, using the Go programming language. With the rapid rise of Ethereum as a dominant blockchain platform, Geth simplifies the process of engaging with the Ethereum network, making it the preferred choice for those looking to run nodes efficiently.
Why I Picked Geth: Navigating the landscape of tools to run Ethereum nodes, Geth consistently captured my attention. After careful consideration, weighing options, and judging based on its merits, Geth seemed to have an edge. Its distinction lies in its streamlined operation, and I chose it as I determined it to be particularly adept for running Ethereum nodes.
Standout Features & Integrations:
Geth offers a comprehensive suite of functionalities: from mining for developers who want to engage in Ethereum's Proof of Work consensus to enabling fast syncing of the Ethereum blockchain. Furthermore, its integration capabilities shine through as Geth can easily interact with other Ethereum tools, fostering an interconnected ecosystem.
Pros and cons
Pros:
- Strong integration with other Ethereum ecosystem tools
- Efficient syncing ensures quicker node operation
- Comprehensive features cater to both beginners and experienced developers
Cons:
- Updates and patches might require occasional reconfigurations
- Resource-intensive during full node operations
- Might be challenging for users unfamiliar with command-line tools
Alchemy Supernode stands at the forefront of Ethereum infrastructure, providing developers with robust and scalable solutions. Its unmatched reliability ensures developers can focus on their core projects without worrying about infrastructure issues, aligning it perfectly with the title of "best for reliable Ethereum infrastructure."
Why I Picked Alchemy Supernode: In the vast arena of Ethereum infrastructure tools, Alchemy Supernode emerged as a standout. I picked it because, after comparing various tools and judging their efficacy, Alchemy Supernode presented a unique blend of reliability and performance.
Given the critical importance of infrastructure in the blockchain domain, I determined Alchemy Supernode is undoubtedly best for those seeking reliability in their Ethereum projects.
Standout Features & Integrations:
Alchemy Supernode boasts an array of indispensable features like improved data availability, real-time notifications, and high-speed request processing. Beyond its features, Alchemy Supernode offers critical integrations, enabling developers to integrate with popular wallets, DApps, and other Ethereum-based tools, fostering a cohesive development environment.
Pros and cons
Pros:
- Compatible with various Ethereum-based applications and tools
- Real-time notifications ensure timely updates and alerts
- Advanced data retrieval offers developers more flexibility
Cons:
- Might be overkill for smaller projects or those just starting with Ethereum
- Custom integrations could require additional setup
- Might be a learning curve for those new to Ethereum infrastructure
Cardano stands as a third-generation public blockchain and cryptocurrency project, renowned for its research-driven approach. This decentralized platform lays the foundation for smart contracts, emphasizing sustainability and security, aligning with its distinction for sustainable blockchain solutions.
Why I Picked Cardano: I chose Cardano after meticulously comparing various blockchain platforms, and it stood out due to its commitment to peer-reviewed research and academic partnerships. This foundation ensures its platform is robust, forward-thinking, and genuinely sustainable.
In a landscape where sustainability in technology is becoming increasingly vital, Cardano truly shines as the best for sustainable blockchain solutions.
Standout Features & Integrations:
Cardano's Ouroboros proof-of-stake algorithm not only elevates its security but also reduces the environmental impact typically associated with proof-of-work systems. The platform's layered architecture separates settlement from computation, facilitating flexibility and easier upgrades.
On the integration front, Cardano has partnerships with enterprise-level entities and governments, allowing it to integrate real-world applications and policies directly onto its blockchain.
Pros and cons
Pros:
- Layered architecture offers flexibility and scalability
- Ouroboros’ proof-of-stake algorithm promotes energy efficiency
- Research-driven and peer-reviewed approach ensures a solid foundation
Cons:
- Smart contract languages can have a steeper learning curve for some developers
- Lower adoption rate compared to some other major blockchains
- Still in development, with some features yet to be released
Ganache is a tool designed specifically for developers that offers a personal blockchain for Ethereum development. Its primary function is to allow developers to deploy contracts, develop applications, and run tests. Its design and features align perfectly with the needs of Ethereum testing, making it a top choice for those seeking a personal blockchain for this purpose.
Why I Picked Ganache: When I embarked on the journey of finding the best Ethereum testing tools, Ganache consistently captured my attention. I chose it after careful comparison and evaluation of multiple tools in the market. In my opinion, based on its unique features and developer-centric design, Ganache has set itself apart from other tools, earning the title of "best for personal blockchain for Ethereum testing."
Standout Features & Integrations:
Ganache comes equipped with a rich set of features, including a one-click blockchain, advanced mining controls, and logging. It also allows for instantaneous transaction and contract execution. Integrations are integral to its functionality, and Ganache integrates with the Truffle Suite, enhancing the developer's ability to build and test smart contracts.
Pros and cons
Pros:
- Offers detailed logs and visualization for transactions
- Integrates well with other Ethereum development tools
- User-friendly interface tailored for developers
Cons:
- Requires regular updates to stay compatible with the latest Ethereum features
- Advanced features might require a learning curve for beginners
- Primarily tailored for Ethereum, limiting versatility with other blockchains
Embark carves out a niche for itself as a comprehensive tool tailored for decentralized application (dApp) development and testing. Recognizing the complexities of dApp projects, this platform emerges as a go-to solution, fitting the bill perfectly for dApp development and testing.
Why I Picked Embark: In the sea of tools available, choosing Embark was not a hasty decision. Upon close examination and comparison with similar platforms, Embark's tailored approach towards dApp development became evident. It’s not merely about judging, but in my comprehensive opinion, and after considering the nuances of dApp projects, I determined Embark to be best equipped for the task.
Standout Features & Integrations:
Embark is armed with an advanced integrated development environment (IDE) that fosters swift dApp development. Moreover, its testing suite ensures rigorous assessments, guaranteeing dApps are market-ready.
In terms of integrations, Embark smoothly integrates with popular smart contract languages and other blockchain-focused platforms, bridging the gap between diverse decentralized ecosystems.
Pros and cons
Pros:
- Versatile integrations with popular blockchain platforms
- Rigorous testing suite ensures dApps are robust and ready for deployment
- Advanced IDE expedites dApp development processes
Cons:
- Documentation might not cover all use-case scenarios
- Advanced features could be overwhelming for simple projects
- Beginners might face a steep learning curve
Truffle is a renowned development framework that specializes in Ethereum smart contracts. It's tailored to make the life of a developer more straightforward, providing the tools required to deploy and manage smart contracts on the Ethereum network. Given its capabilities, it is evident why it's best suited for Ethereum smart contract development.
Why I Picked Truffle: My journey to identify top-notch tools for Ethereum smart contract development inevitably led me to Truffle. I selected Truffle after a rigorous comparison with other tools, judging each based on performance, ease of use, and unique features. Given its reputation and capabilities, I determined that Truffle deserved the distinction of "best for Ethereum smart contract development."
Standout Features & Integrations:
Truffle boasts an integrated smart contract compilation and linking, alongside a binary management capability, making it a robust tool for developers. Its built-in smart contract testing suite written in JavaScript ensures the viability of contracts before they are deployed. As for integrations, Truffle works with popular Ethereum wallets and other tools within the Truffle Suite, ensuring a holistic development experience.
Pros and cons
Pros:
- Supports migrations for network management
- Built-in testing suite provides added assurance
- Comprehensive development framework tailored for Ethereum
Cons:
- Relies heavily on other tools within the Truffle Suite, which might require additional learning
- Some features may be overkill for simple smart contract projects
- Can be overwhelming for beginners due to its feature-rich nature
Chainlink acts as a bridge between on-chain and off-chain systems, powering smart contracts with real-world data. By serving as a decentralized oracle network, Chainlink ensures that blockchain-based applications can securely and reliably access external data sources, making it truly best for this purpose.
Why I Picked Chainlink: When exploring tools for decentralized Oracle solutions, Chainlink stood out distinctly. My choice hinged on comparing various platforms and judging their capabilities; Chainlink consistently emerged superior due to its wide adoption and innovative approach.
Given the rising demand for integrating real-world data into blockchain projects, I'm convinced Chainlink is best for decentralized oracle networks.
Standout Features & Integrations:
Chainlink introduces a plethora of impressive features, such as decentralized data sourcing, tamper-proof systems, and flexible oracle selection. Integration-wise, Chainlink is versatile, offering compatibility with leading smart contract platforms, including Ethereum, Polkadot, and Binance Smart Chain, to name a few.
Pros and cons
Pros:
- Provides wide-ranging compatibility with major blockchain platforms
- Offers high-quality data sources and tamper-resistant systems
- Decentralized structure reduces single points of failure
Cons:
- Given its intricate setup, it might seem complex for newcomers
- Chainlink tokens (LINK) are essential for operations, which could fluctuate in value
- Requires a comprehensive understanding of oracles for effective use
Other Blockchain Tools
Here are some additional blockchain tools options that didn’t make it onto my shortlist, but are still worth checking out:
- Solidity
For writing Ethereum smart contracts
- Ethereum
For smart contract platforms
- Neo
Good for digital asset automation on its blockchain
- Corda
Good for private, permissioned blockchain solutions
- Qtum
Good for merging Bitcoin and Ethereum functionality
- Remix Project
Good for in-browser Ethereum smart contract writing
- Solc
Good for Solidity code compilation
- Waves
Good for customizable token creation and management
- Binance Smart Chain (BSC)
Good for fast, low-cost dApp transactions
- Algorand
Good for scalable and secure blockchain infrastructure
- Stellar
Good for quick cross-border transactions
- Tezos
Good for formalizing blockchain protocol upgrades
- EOSIO
Good for decentralized application hosting
- Web3.js
Good for Ethereum-based application integration
- SDK
Good for streamlined decentralized app development
Blockchain Tool Selection Criteria
When selecting the best blockchain tools to include in this list, I considered common buyer needs and pain points like data security and transaction transparency. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Secure transactions
- Data integrity
- Smart contract execution
- Decentralized applications
- Asset tracking
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Cross-chain compatibility
- Scalability options
- Customizable smart contracts
- Advanced encryption methods
- Real-time analytics
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive interface
- User-friendly navigation
- Responsive design
- Minimal learning curve
- Customizable dashboards
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to templates
- Webinars and live demos
- Supportive chatbots
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- 24/7 availability
- Multi-channel support
- Response time
- Knowledgeable staff
- Comprehensive FAQs
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing
- Feature-to-price ratio
- Flexible payment plans
- Free trial availability
- Transparent pricing models
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction rating
- Frequency of updates
- User feedback on features
- Reported issues and resolutions
- Endorsements by industry experts
How to Choose a Blockchain Tool
It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:
| Factor | What to Consider |
|---|---|
| Scalability | Consider whether the tool can grow with your business. Ask yourself how many transactions it can handle and whether it supports future expansion without major overhauls. Look for tools that offer flexibility in scaling up or down. |
| Integrations | Check if it connects with your current systems. Determine if the tool supports APIs for easy integration or if you'll need custom development. Avoid tools that require extensive modifications to your existing workflows. |
| Customizability | Assess how much you can tailor the tool to your needs. Can you modify features or interfaces to suit your processes? Avoid options that are too rigid and don't allow for personalization. |
| Ease of use | Evaluate whether your team can easily adopt the tool. Look for intuitive interfaces and simple navigation. Tools that require minimal training reduce the learning curve and speed up adoption. |
| Implementation and onboarding | Consider the time and resources needed to start using the tool. Does the vendor offer support during onboarding? Look for tools with clear documentation and training resources to ease the transition. |
| Cost | Compare pricing models and see what fits your budget. Check for hidden fees and whether the cost aligns with the value provided. Opt for transparent pricing structures that match your financial constraints. |
| Security safeguards | Ensure the tool has strong security measures. Look for encryption, access controls, and compliance with data protection regulations. Don’t compromise on security features, especially if handling sensitive data. |
| Support availability | Determine the level of support offered by the vendor. Consider if they provide 24/7 assistance, multiple contact channels, and knowledgeable staff. Reliable support ensures quick resolution of issues when they arise. |
What Are Blockchain Tools?
Blockchain tools are software solutions that facilitate the implementation and management of blockchain technology for various applications. They are commonly used by developers, IT professionals, and businesses looking to enhance data security and transaction transparency. Features like secure transactions, smart contract execution, and decentralized applications help with maintaining data integrity and improving operational workflows. Overall, these tools provide a secure and efficient way to manage and execute blockchain-based processes.
Features
When selecting blockchain tools, keep an eye out for the following key features:
- Secure transactions: Ensures the safety and confidentiality of data exchanged within the network, protecting against unauthorized access.
- Smart contract execution: Automates and enforces agreements, reducing the need for intermediaries and increasing efficiency.
- Decentralized applications: Facilitate the development and deployment of apps without central control, enhancing transparency and reliability.
- Cross-chain compatibility: Allows different blockchain networks to interact, providing flexibility and expanding functionality.
- Scalability options: Supports future growth by accommodating increasing transaction volumes without compromising performance.
- Customizable smart contracts: Offers the ability to tailor contract terms to specific needs, providing versatility across various use cases.
- Real-time analytics: Provides instant insights into blockchain activities, aiding in decision-making and performance monitoring.
- Advanced encryption methods: Protects data with sophisticated algorithms, ensuring high levels of security and privacy.
- Integration capabilities: Enable seamless connectivity with existing systems, enhancing workflow efficiency and reducing manual work.
- User-friendly interface: Simplifies navigation and usage, making it accessible for users with varying technical expertise.
Benefits
Implementing blockchain tools provides several benefits for your team and your business. Here are a few you can look forward to:
- Enhanced security: With advanced encryption, these tools protect sensitive data from unauthorized access and cyber threats.
- Increased transparency: Decentralized applications ensure that all transactions are visible and verifiable, fostering trust among stakeholders.
- Cost efficiency: Smart contract execution reduces the need for intermediaries, cutting down on transaction costs and saving resources.
- Improved scalability: Scalability options allow your operations to grow without sacrificing performance, accommodating more transactions as needed.
- Faster transactions: By automating processes, blockchain tools speed up transaction times, improving overall efficiency.
- Better decision-making: Real-time analytics provide instant insights, helping your team make informed decisions quickly.
- Flexibility and adaptability: Customizable smart contracts and cross-chain compatibility offer versatility, allowing you to tailor solutions to specific business needs.
Costs & Pricing
Selecting blockchain tools requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in blockchain tools solutions:
Plan Comparison Table for Blockchain Tools
| Plan Type | Average Price | Common Features |
|---|---|---|
| Free Plan | $0 | Basic transaction capabilities, limited storage, and community support. |
| Personal Plan | $10-$30/user/month | Enhanced security, smart contract execution, and basic analytics. |
| Business Plan | $50-$100/user/month | Advanced integrations, customizable smart contracts, and priority support. |
| Enterprise Plan | $150-$300/user/month | Full scalability, dedicated account manager, and real-time analytics. |
Blockchain Tools FAQs
Here are some answers to common questions about blockchain tools:
What is the biggest problem with blockchain?
Scalability is a major challenge for blockchain networks. As more users and transactions occur, maintaining speed and efficiency becomes harder. This can impact your team if you’re planning to scale operations. Consider tools that address scalability to avoid performance issues.
What type of transaction cannot be stored in blocks on a blockchain?
Transactions assigning copyright ownership, like to a song, can’t be stored on blockchain due to the complexity and size of the data. If your business involves such transactions, you need alternative storage solutions alongside blockchain tools.
What are the 4 layers of blockchain?
Blockchain technology consists of hardware infrastructure, data, network, consensus, and application layers. Each layer handles different functions from data storage to user applications. Understanding these layers helps you choose tools that fit your technical needs.
Can blockchain tools support multiple cryptocurrencies?
Some blockchain tools are designed to handle various cryptocurrencies, providing flexibility for businesses dealing with multiple digital assets. Verify compatibility with the specific cryptocurrencies you plan to use to ensure smooth operations.
What’s Next:
If you're in the process of researching blockchain tools, connect with a SoftwareSelect advisor for free recommendations.
You fill out a form and have a quick chat where they get into the specifics of your needs. Then you'll get a shortlist of software to review. They'll even support you through the entire buying process, including price negotiations.
