# Best Blockchain Payment Systems - Page 3

## How Many Blockchain Payment Systems Products Does G2 Track?

**Total Products under this Category:** 71

### Category Stats (Aug 2026)

- **Average Rating:** 4.28/5 The average rating of products in this category, based on all submitted ratings

_Last updated: August 14, 2026_

## How Does G2 Rank Blockchain Payment Systems Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 400+ Authentic Reviews
- 71+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for Blockchain Payment Systems
 ![G2 Grid® for Blockchain Payment Systems plotting products by satisfaction and market presence](https://www.g2.com/categories/blockchain-payments/grids.png?focus%5B%5D=1340657&focus%5B%5D=142528&focus%5B%5D=162649)

Highlighted products: BVNK, Metamask, and Zengo Wallet.

Underlying data: [Grid® JSON](https://www.g2.com/categories/blockchain-payments/grids.json?focus%5B%5D=bvnk&focus%5B%5D=metamask&focus%5B%5D=zengo-wallet)

### [AlphaPoint](https://www.g2.com/products/alphapoint/reviews)

AlphaPoint is a financial technology company helping make illiquid assets liquid. We enable customers to launch new products and services by providing institutions enterprise-grade blockchain solutions to digitize assets, launch markets, and reduce operational costs. AlphaPoint has customers across 5 continents and is headquartered in New York. AlphaPoint Distributed Ledger Platform General-purpose permissioned blockchain solution, providing the tools to rapidly develop and deploy a wide range of financial solutions. AlphaPoint Digital Asset Exchange Solutions Complete system to run a digital asset exchange. Fully hosted options available. Customize and launch your own digital currency and/or bitcoin exchange in less than 30 days with AlphaPoint. At AlphaPoint, subscribers of our software are planning for at least eight different use cases for the $250 trillion global real estate markets alone. When we add in equities, debt (corporate, structured finance, et al.), commodities, and luxury goods, the expectation of a multi-billion-dollar digital asset market actually seem quite modest.

#### Who Is the Company Behind AlphaPoint?

- **Seller:** [AlphaPoint](https://www.g2.com/sellers/alphapoint)
- **Year Founded:** 2013
- **HQ Location:** New York ,United States
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=92568f21027125caf93495b6561ee619f20c79fd13025d210d524503298f39fb&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Falpha-point&secure%5Burl_type%5D=linkedin_company_website)  
93 employees on LinkedIn®

### [BaNCS Industry Network](https://www.g2.com/products/bancs-industry-network/reviews)

The BaNCS Industry Network comprises a private, permissioned Blockchain ecosystem over which participating TCS BaNCS customers (Banks, Custodians, CSDs, Insurance firms) are able to seamlessly connect to and access information and services from a single ledger.

#### Who Is the Company Behind BaNCS Industry Network?

- **Seller:** [TATA Consultancy Services Limited](https://www.g2.com/sellers/tata-consultancy-services-limited)
- **Year Founded:** 1968
- **HQ Location:** Mumbai, Maharashtra
- **Twitter:** @TCS  
578,666 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=4756df8f0f0609a6c3fbfa5b6b6e3a6b961f82dcd5ce239dc9a8a18a558f44e8&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftata-consultancy-services&secure%5Burl_type%5D=linkedin_company_website)  
708,725 employees on LinkedIn®
- **Ownership:** NSE: TCS

### [Bitwala](https://www.g2.com/products/bitwala/reviews)

Bitwala allows users to send & receive money globally and cash out any currency to bitcoin debit card & bank account.

#### Who Is the Company Behind Bitwala?

- **Seller:** [Bitwala](https://www.g2.com/sellers/bitwala)
- **Year Founded:** 2014
- **HQ Location:** Berlin, DE
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=dc37432f0a478e63adadbf35acd40b6d3ff37f71eeb6e15a92055b043a18458d&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbitwala%2F&secure%5Burl_type%5D=linkedin_company_website)  
29 employees on LinkedIn®

### [Block Ledger](https://www.g2.com/products/block-ledger/reviews)

Block Ledger is a pioneering developer of blockchain-based financial products aimed at transforming the accounting and auditing industries. Established in 2018, the company offers a digital ledger system that streamlines accounting processes, reduces manual bookkeeping, and enhances transaction verification efficiency. Their flagship product, Luca+, serves as a middleware facilitating seamless communication between financial systems, ensuring a trustless audit trail. Key Features and Functionality: - E-Invoicing: Luca+ enables efficient electronic invoicing, minimizing errors and accelerating transaction processing. - Audit Trail: Provides a transparent and immutable record of all financial transactions, enhancing accountability. - Financial Reconciliation: Automates the reconciliation process, ensuring accuracy and reducing manual workload. - Credit and Risk Rating: Offers tools for assessing creditworthiness and managing financial risks effectively. - Invoice Financing and Factoring: Facilitates access to working capital by enabling invoice financing and factoring services. Primary Value and User Solutions: Block Ledger addresses the challenges of traditional accounting by providing a single source of truth for all financial transactions. By leveraging blockchain technology, it ensures data integrity, reduces errors, and enhances operational efficiency. Users benefit from streamlined processes, improved financial transparency, and the ability to make informed decisions based on accurate, real-time data.

#### Who Is the Company Behind Block Ledger?

- **Seller:** [CentricMinds](https://www.g2.com/sellers/centricminds)
- **Year Founded:** 2002
- **HQ Location:** Melbourne, VIC
- **Twitter:** @CentricMinds  
334 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=daf8de282e3de0771deea5a8998211337b78b476bf78fdda8873fe030169fbec&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F141886%2F&secure%5Burl_type%5D=linkedin_company_website)  
17 employees on LinkedIn®

### [Blocko](https://www.g2.com/products/blocko/reviews)

Blocko is a commercial blockchain infrastructure provider offering organizations the ability to design, deploy, and manage digital services on a secure distributed network. Enterprise-IT integration and cloud deployment know-how are at the core of its value proposition. The company provides a stable and secure blockchain operating system and an easy-to-use development platform with stable APIs. Blocko builds and supports AERGO, a new open-source enterprise blockchain solution based on a hybrid blockchain design with advanced cloud deployment capabilities.

#### Who Is the Company Behind Blocko?

- **Seller:** [Blocko](https://www.g2.com/sellers/blocko)
- **Year Founded:** 2014
- **HQ Location:** Seongnam-si, KR
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=db143c415e3b3d26943c3ce105f540c0620d1a0d922403115e3c2e3c7bdedd9d&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F10379339&secure%5Burl_type%5D=linkedin_company_website)  
23 employees on LinkedIn®

### [Civic](https://www.g2.com/products/civic/reviews)

At Civic, we enable organizations to build strongly authenticated, AI-driven workflows. With our flagship product, Civic Nexus, we remove the technical barriers that keep business teams from leveraging advanced capabilities—all while maintaining essential security guardrails. We also make it possible for organizations to power sign-in anywhere: inside apps, across MCP servers, and behind assistants like Civic Nexus. Our mission is to help businesses harness AI efficiencies without the burden of managing credentials or infrastructure. Our flagship product, Civic Nexus, is where AI and operations come together. With Nexus, teams can securely connect their tools and data so AI can move from generating insights to taking real action — automating repetitive tasks, generating reports, uncovering insights from data, and more. Nexus automatically applies your organization’s authentication and access controls, ensuring every workflow stays compliant and secure. More about Nexus: —Instant connectivity: With Nexus, your team can connect major platforms (e.g., GitHub, Slack, Dropbox, Notion, etc) via a unified interface. —Minimal setup, high payoff: You can go from sign-up to tool access in seconds using the built-in chat interface. —Secure and controlled: All integrations are anchored in authentication, authorization, and audit trails. Your credentials remain hidden and actions are governed. —Built for ops teams: MarketingOps, RevOps, SalesOps, and more can all benefit from Nexus’s ability to automate end-to-end workflows without bottlenecks.

**Average Rating:** 4.6/5.0

**Total Reviews:** 5

#### Who Is the Company Behind Civic?

- **Seller:** [Civic Technologies](https://www.g2.com/sellers/civic-technologies)
- **Year Founded:** 2015
- **HQ Location:** San Francisco, US
- **Twitter:** @civickey  
118,027 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=bcf69592de6082c86bf449ae9167c4e7cc1996d12b4f230fde39bb09c552309f&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcivic-technologies%2F&secure%5Burl_type%5D=linkedin_company_website)  
36 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 80% Small, 20% Medium

#### What Do G2 Reviewers Say About Civic?

_AI-generated summary from verified user reviews_

##### Pros

- Users love Civic for its **ease of use** , allowing quick setup and seamless integration with various login options.
- Users love the **easy setup** of Civic, getting live authentication in just minutes with minimal hassle.
- Users praise Civic for its **seamless API integration** , enabling rapid setup and comprehensive support for various login options.
- Users value the **convenience** of Civic's quick and secure authentication, allowing them to focus on product development.
- Users appreciate the **seamless embedded wallet support** of Civic, enhancing their experience across Web2 and Web3.

##### Cons

- Users find the **limited features** in Civic frustrating as critical options are still under development and not yet available.
- Users report **poor customer support** from Civic, which hampers their experience with the product's features.
- Users express concern over the **lack of security documentation** , highlighting potential risks from malicious activities.
- Users note occasional **software bugs** in Civic, but find them manageable as long as they don't cause major disruptions.

#### What Are Recent G2 Reviews of Civic?

**["Auth deployed in minutes for web2 or web3 projects"](https://www.g2.com/survey_responses/civic-review-11490816)**

**Rating:** 4.5/5.0 stars

_— Savian B._

[Read full review](https://www.g2.com/survey_responses/civic-review-11490816)

**["Civic is the modern auth stack I needed"](https://www.g2.com/survey_responses/civic-review-11506752)**

**Rating:** 5.0/5.0 stars

_— Madalina B._

[Read full review](https://www.g2.com/survey_responses/civic-review-11506752)

### [CREDITS](https://www.g2.com/products/credits/reviews)

An open-source, fully decentralized blockchain software protocol with smart contracts aimed at the creation of high-performance applications.Unique new consensus algorithm - PoA (Proof of Agreement) based on BFT conception, new data transmission protocol and many more.Best for microtransactions, mass financial payments, tokens issuing and storing data on blockchain.

**Average Rating:** 5.0/5.0

**Total Reviews:** 1

#### Who Is the Company Behind CREDITS?

- **Seller:** [CREDITS.COM](https://www.g2.com/sellers/credits-com)
- **Year Founded:** 2018
- **HQ Location:** Warsaw, PL
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=58fa54a25d3aeb7fbd9869a0f651107d538e4f4da4f054921510fb3b9cb22a5c&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcreditscom%2F&secure%5Burl_type%5D=linkedin_company_website)  
41 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Medium

#### What Are Recent G2 Reviews of CREDITS?

**["Friendly software for currency transection management"](https://www.g2.com/survey_responses/credits-review-10409525)**

**Rating:** 5.0/5.0 stars

_— Tanweer Ahmed b._

[Read full review](https://www.g2.com/survey_responses/credits-review-10409525)

### [Digital Bazaar](https://www.g2.com/products/digital-bazaar/reviews)

Bedrock is an application platform that helps you get your ideas to market quickly by reducing the engineering effort of launching a new product. Finding, vetting, testing, and combining disparate technologies into a cohesive whole is a laborious and time consuming task. Bedrock has already done that work so that you can avoid fighting your technology stack and focus on adding value.

#### Who Is the Company Behind Digital Bazaar?

- **Seller:** [Digital Bazaar](https://www.g2.com/sellers/digital-bazaar)
- **Year Founded:** 2004
- **HQ Location:** Blacksburg, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7065bb6ab382f1d0eb77126baeecfd279899b078a015d5041684e189801befb3&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fdigital-bazaar-inc-%2F&secure%5Burl_type%5D=linkedin_company_website)  
16 employees on LinkedIn®

### [Dragonchain Enterprise Blockchain](https://www.g2.com/products/dragonchain-enterprise-blockchain/reviews)

Dragonchain is a technology leader in the blockchain space, with security and scalability at the forefront of its operations. We are proudly U.S.-based and part of one of the most technologically rich communities in the country. We help companies break into blockchain faster, without forcing them to change their existing IT infrastructure. As a Blockchain as a Service provider built by seasoned members of the tech industry, Dragonchain understands the needs of enterprises and is designed to handle prevalent issues in several industries. Please contact us at info(at)dragonchain.com with any questions.

**Average Rating:** 3.5/5.0

**Total Reviews:** 1

#### Who Is the Company Behind Dragonchain Enterprise Blockchain?

- **Seller:** [Dragonchain](https://www.g2.com/sellers/dragonchain)
- **Year Founded:** 2017
- **HQ Location:** Bellevue, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=30d1b70ce4634bc7c6e5005fd87996a05b088743e18ab6f5427204f5895e73bb&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F18216867%2F&secure%5Burl_type%5D=linkedin_company_website)  
19 employees on LinkedIn®

#### Who Uses This Product?

- **Company Size:** 100% Medium

### [Elements..](https://www.g2.com/products/blockstream-elements/reviews)

Blockstream‚Äôs mission is to create the financial infrastructure of the future. We build crypto-financial infrastructure based on Bitcoin, the most robust and secure blockchain. Applying cutting-edge cryptography and security engineering, we‚Äôre building the products and networks that make financial markets more efficient by reducing reliance on trust. With a long term outlook on delivering robust and scalable solutions, we invest heavily in research and development to strengthen the Bitcoin ecosystem and protocol. Peer-to-peer, open network finance holds the promise to change the world for the benefit of all. Blockstream is proud to be making this a reality.

#### Who Is the Company Behind Elements..?

- **Seller:** [Blockstream](https://www.g2.com/sellers/blockstream)
- **Year Founded:** 2014
- **HQ Location:** Victoria, BC
- **Twitter:** @Blockstream  
212,115 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=745814ae2e0692883a7524cc18fa42582b046f07d89d6b373332086b4a18d946&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fblockstream%3ForiginalSubdomain%3Dca&secure%5Burl_type%5D=linkedin_company_website)  
179 employees on LinkedIn®

### [FinClusive](https://www.g2.com/products/finclusive/reviews)

FinClusive is a hybrid fin-/reg-tech company that provides a low-cost, high compliance, fully integrated and blockchain-enabled digital banking, routing and payments platform, securely accessible for the world's underserved, excluded, or financially challenged.

#### Who Is the Company Behind FinClusive?

- **Seller:** [FinClusive](https://www.g2.com/sellers/finclusive)
- **Year Founded:** 2017
- **HQ Location:** New York, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=6c9f7cf1faf14c7a18479686de631b7708c6c0cda9469fd2ecbac9596b923431&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffinclusivecapital&secure%5Burl_type%5D=linkedin_company_website)  
16 employees on LinkedIn®

### [GemPay](https://www.g2.com/products/gempay/reviews)

GemPay is the first cross-border bitcoin payment platform of China. We commitments on China's foreign trade payment with secure, fast and decentralized digital currency. The goal of GemPay is to make international trade as easy as domestic trade. Besides Bitcoin payment platform GemPay, we also have GemWallet, the first CryptoCurrency-Consuming Wallet in the world.

#### Who Is the Company Behind GemPay?

- **Seller:** [GemPay](https://www.g2.com/sellers/gempay)
- **HQ Location:** ShangHai, ShangHai
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7886df2ed926834e5eb248c77dcfa8e5c815d3ab1f0fe3132ced0dba45868834&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2FNo-Linkedin-Presence-Added-Intentionally-By-DataOps&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [GK8](https://www.g2.com/products/gk8/reviews)

GK8, a Galaxy Company, offers both traditional and crypto-native institutions an end-to-end platform for managing blockchain-based assets. The company developed the world’s first true Cold Vault that enables its clients to create, sign, and send secure blockchain transactions without internet connectivity, eliminating all cyber attack vectors. Chosen by Mastercard to help it define the future of blockchain finance and payments, GK8 serves clients managing billions worth of digital assets, including social investing network eToro, Securrency, a blockchain fintech company backed by State Street, U.S. Bank, WisdomTree, and Abu Dhabi Catalyst Partners, the Tezos Foundation, and Prosegur, one of the world’s largest custodians with over $400B assets under management. For more information, visit https://www.gk8.io

#### Who Is the Company Behind GK8?

- **Seller:** [GK8](https://www.g2.com/sellers/gk8)
- **Year Founded:** 2018
- **HQ Location:** Tel-Aviv, IL
- **Twitter:** @GK8\_Security  
1,420 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=7a749cc3cfba3af44d5ec7e1a87eaf1eaada6c0fa527ec7a928be65903173568&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgk8&secure%5Burl_type%5D=linkedin_company_website)  
78 employees on LinkedIn®

### [Hijro](https://www.g2.com/products/hijro/reviews)

Hijro The financial operating network for global trade powered by distributed ledger technology Acting as a global waterway of trade and financial data, the Hijro Network connects banks, lenders, buyers, and suppliers to streamline and automate settlement, reduce fraud risk, and break down costly data silo‚Äôs in the $4 trillion open-account trade market. Powered by distributed ledger technology, the Hijro provides a much smarter, more secure, and more efficient way to move value, assets, and data around the world. Our solutions built on the Hijro Network include: - Multi-bank, multi-lender Trade Asset Marketplace - Flexible working capital solutions for businesses - Real-time global payments network - APIs built to connect partners to our distributed ledger network We‚Äôre leveraging distributed ledger technology to drive security, automation, and efficiency in origination, distribution, tracking, settlement, and reconciliation of trade assets. Become a Hijro port and connect financial services and supply chain platforms to a global network of businesses, banks, and liquidity providers. Hijro is powering trade. Visit hijro.com for more information

#### Who Is the Company Behind Hijro?

- **Seller:** [Hijro](https://www.g2.com/sellers/hijro)
- **Year Founded:** 2014
- **HQ Location:** N/A
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=68ea83fb864e32f6faae5db9974010271c1257033c17803ace84d01aa4e6b9b7&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F9442066&secure%5Burl_type%5D=linkedin_company_website)  
2 employees on LinkedIn®

### [HPE Mission-Critical Distributed Ledger Technology](https://www.g2.com/products/hpe-mission-critical-distributed-ledger-technology/reviews)

In 1939, Bill Hewlett and Dave Packard, college friends turned business partners, started the original Silicon Valley startup in the space of a rented Palo Alto garage. Starting with audio oscillators, the friends built the foundation for a company that would grow to become a global leader in enterprise technology. More than 75 years later, our success is exemplified through our employees‚Äô drive to advance ideas that bring meaningful innovations to life for our customers and partners around the globe. We are guided by our mission to help customers use technology to turn ideas into value, and empower them to transform industries, markets and lives. We simplify Hybrid IT, power the Intelligent Edge and provide the expertise to make it all happen.

#### Who Is the Company Behind HPE Mission-Critical Distributed Ledger Technology?

- **Seller:** [HP Development Company](https://www.g2.com/sellers/hp-development-company)
- **Year Founded:** 1939
- **HQ Location:** Palo Alto, CA
- **Twitter:** @HPE  
92,685 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=600d4eaceaea7291b026df44dbe584286101ce2f4f1ddeaa8fc4b2a3a870dcad&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F1025%2F&secure%5Burl_type%5D=linkedin_company_website)  
88,985 employees on LinkedIn®
- **Ownership:** NYSE: HPQ

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[Browse Blockchain Payments Themes](/categories/blockchain-payments/themes)

 ![Brandon Summers-Miller](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Brandon Summers-Miller")
BS

Researched and written by [Brandon Summers-Miller](https://research.g2.com/insights/author/brandon-summers-miller)

Updated October 3, 2024

Blockchain payment systems are used to facilitate, process, and verify transactions made on a blockchain or distributed ledger system. These tools may be designed for individuals, businesses, or financial institutions, and will have a few differing features depending on the use case. Across all uses, blockchain payment solutions allow customers to quickly and securely make transactions on a blockchain.

Companies choose to use blockchain payment solutions for a number of reasons. Some tools enable the creation of smart contracts, or protocols used to facilitate, verify, and enforce transactions. These contracts are well documented and provide a higher level of traceability. These forms of payment are also quicker than traditional tools since they do not require a financial institution and transactions can be completed across country borders with ease.

Some of the less complex and customizable blockchain payment products offer a product similar to [payment gateways](https://www.g2.com/categories/payment-gateways). The only difference here is the documentation and traceability provided by the blockchain and the simplified international payment process. These tools can also get confused with [cryptocurrency exchanges](https://www.g2.com/categories/cryptocurrency-exchanges), but those tools are not used for trading anything except cryptocurrencies such as bitcoin or ethereum.

To qualify for inclusion in the Blockchain Payments systems category, a product must:

- Be built upon on a blockchain-based platform or distributed ledger technology (DLT) system
- Process and authenticate transactions on a blockchain
- Facilitate transactions without a financial institution, bank, or other third-party verification service

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