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Openchain Reviews & Product Details

Ramesh P.
RP
React Native Developer
Computer Software
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Openchain provides documentation and a supportive community . It is truly commendable instilling a sense of confidence and reassurance. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

OpenChain lies in its inflexibility when it comes to asset types as its primary focus revolves around assets like cryptocurrencies. This might restrict its usability for companies dealing with a range of assets. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

Openchain is trustworthiness and reliability within the blockchain industry. we greatly benefit from their reputation, as the leading brand enabling us to adopt their technology . Review collected by and hosted on G2.com.

Openchain Overview

What is Openchain?

Openchain node exposes a simple HTTP endpoint, it's easy to build a wallet or client application, but Openchain is providing a basic open source wallet for testing purposes.

Openchain Details
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Product Description

Openchain node exposes a simple HTTP endpoint, it's easy to build a wallet or client application, but Openchain is providing a basic open source wallet for testing purposes.


Seller Details
Seller
Coinprism
Year Founded
2014
HQ Location
N/A
Twitter
@Coinprism
1,157 Twitter followers
LinkedIn® Page
www.linkedin.com

Recent Openchain Reviews

GC
Gary C.Small-Business (50 or fewer emp.)
1.5 out of 5
"A Learning Oasis"
Openchain supportive community is good for learning journey. Rather their documentation provides un-useful understanding for the process of deployi...
MB
Mason B.Small-Business (50 or fewer emp.)
1.0 out of 5
"Hindering Businesses Decreasing Collaboration"
Its a resource, for users those who are new to blockchain technology. The platform simplifies complex concepts and provides assistance but makes th...
Ramesh P.
RP
Ramesh P.Mid-Market (51-1000 emp.)
4.5 out of 5
"Empowering Businesses Scalibility"
Openchain provides documentation and a supportive community . It is truly commendable instilling a sense of confidence and reassurance.
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Openchain Media

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10 out of 11 Total Reviews for Openchain

4.0 out of 5
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10 out of 11 Total Reviews for Openchain
4.0 out of 5
10 out of 11 Total Reviews for Openchain
4.0 out of 5
G2 reviews are authentic and verified.
MB
Customer Service
Entertainment
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Its a resource, for users those who are new to blockchain technology. The platform simplifies complex concepts and provides assistance but makes the learning process difficult. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

The assurance of data privacy offered by Openchain appears questionable due to updates indicating improvements. There are also worries regarding operational risks associated with employing their open-source software. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

Openchain solves the problem of trust and dependability. Their brand is not widely recognized. It is not trustworthy which obstruct my business by limiting confidence in the security and integrity of my transactions. Review collected by and hosted on G2.com.

GC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Openchain supportive community is good for learning journey. Rather their documentation provides un-useful understanding for the process of deploying a network. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

In blockchain industry, Openchain reliance on reputation and brand recognition lead to complacency. This results in a lack of innovation and responsiveness to emerging technology trends. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

Openchain is unreliable and solves the problem of trust. Their business transactions are unsecure. They promise to provide better data privacy while as this vague aspect raise questions the actual level of privacy and security gets lost. Review collected by and hosted on G2.com.

VK
Cloud Consultant
Information Technology and Services
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

With less dependency on third parties and more data privacy, its decentralized structure assures that businesses have total ownership and control over their data and transactions. The RESTful API and simple data model make the development process easier. It enables businesses to automate numerous business processes, manage digital assets, and construct self-executing agreements, removing the need for intermediaries and increasing operational effectiveness. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

Users without prior blockchain development knowledge might need extra help or resources to make the most of Openchain's features. However, Openchain offers thorough documentation and community support to help users at every stage of their learning. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

It is ideal for companies looking to develop and manage digital assets, such as tokenized assets, loyalty points, and cryptocurrencies. By recording and validating transactions across numerous parties in a decentralized fashion, it can be used to improve supply chain transparency. It enables companies to create decentralized apps suited to their particular requirements. Review collected by and hosted on G2.com.

SS
Full Stack Developer
Information Technology and Services
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

It offers a variety of features that are intended to increase transparency, decrease risk, and promote collaboration while giving organizations a standardized approach to compliance. It is appropriate for organizations of all sizes since it can handle various software supply chains. The software can adapt to the shifting dynamics of our supply chain as our company expands, providing ongoing compliance management. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

It may take some time and training for users who are unfamiliar with supply chain management and compliance procedures to properly comprehend and make use of the software's capabilities. The particular requirements and infrastructure of the organization must be carefully taken into account during the first configuration. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

In order to guarantee continuous adherence to open-source licensing obligations, it aids in the establishment of a common compliance structure across various departments and subsidiaries. In addition to guaranteeing legal compliance and fostering user trust, it helps open-source communities in maintaining a clear understanding of their dependencies. We can simplify our compliance management procedures and guarantee a solid and trustworthy software supply chain with the help of OpenChain Software. Review collected by and hosted on G2.com.

Prateek A.
PA
UI Engineer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Openchain is an open-source project, which means that its code is publicly available for review, modification, and improvement by the community. This fosters transparency, innovation, and collaboration among developers. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

While Openchain is designed to be simple and easy to understand, it may lack some of the advanced features and functionalities that are available in other blockchain platforms. For complex use cases requiring smart contracts, complex transaction logic, or interoperability with other blockchains, Openchain may not be the most suitable choice. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

Openchain provides me with a solution for managing digital assets in a simplified and efficient manner. It eliminates the need for complex mining processes and consensus mechanisms, streamlining asset transfers and reducing transactional overhead. Review collected by and hosted on G2.com.

SIDDHARTH B.
SB
System analyst
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Participating in the OpenChain Project provides an opportunity to share and learn from best practices in open source compliance. The project brings together a diverse community of experts, including legal professionals, compliance officers, and software developers, who collaborate to develop guidelines, tools, and processes . Review collected by and hosted on G2.com.

What do you dislike about Openchain?

Participating in the OpenChain Project requires too much time and resources to actively engagement, contribute to working groups, and collaborate with other participants. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

Openchain resolves the problem of compliance and helps in decentralizing the process Review collected by and hosted on G2.com.

John C.
JC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

As an open-source project, Openchain encourages innovation and collaboration, allowing our business and development team to contribute to the platform's development and benefit from the collective knowledge and expertise of the entire community. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

be aware of the effort in adopting Openchain. We needed to invest more time and resources in setting up the infrastructure, learning the platform's nuances, and onboarding our teams than we have planned. This introduced a learning curve and initial costs that may not be suitable for all businesses. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

We used the platform to simplify our asset issuance and management: Openchain allows our organization to issue, transfer, and manage digital assets without the need for complex smart contracts. This streamlined the process and reduced the potential for errors. Review collected by and hosted on G2.com.

SH
Team Lead
Information Technology and Services
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

First of all, Openchain offers a flexible infrastructure. And it is open-source, so I can easily find the code if I get any error. And it provides excellent Privacy. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

In my opinion, deploying a blockchain network is very complex, And they Provide good documentation for understating. Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

The main thing is that Openchain has given a promise to users that they provide the best Data privacy, and OpenChain has given updates as well; we fell Openchain has improvements to the technology. Review collected by and hosted on G2.com.

MV
Team Lead
Computer Software
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

I feel very safe with OpenChain; a vast part is my organizations can better manage their open source components Review collected by and hosted on G2.com.

What do you dislike about Openchain?

My company has alternative approaches to open-source compliance or may not see the need to adopt a specific standard.

they need to give a good documentation to how to used it Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

In my opinion, OpenChain has Legal and Operational Risks; they help mitigate legal and operational risks associated with using open source software only. Review collected by and hosted on G2.com.

Sagar  B.
SB
Marketing Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Openchain?

Open chain actually believes in a supply chain where open sources is delivered with trusted and consistent compliance information. It follows ISO standardization. Review collected by and hosted on G2.com.

What do you dislike about Openchain?

Can make it websiteore interactive and user-friendly. Apart form this their concept is really good and it makes you feel rest assured. They also have Supplier education pack which make it much more easier Review collected by and hosted on G2.com.

What problems is Openchain solving and how is that benefiting you?

They are the only brand which follows ISO standardization and they mainten the trust of their customers so as to make sure everything is delivered by ensuring smooth functioning. Review collected by and hosted on G2.com.