Blockchains reviews

2.3

25% would recommend to a friend

(79 total reviews)

Jeffrey Berns

19% approve of CEO

16% positive business outlook

Blockchains has an employee rating of 2.3 out of 5 stars, based on 79 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Blockchains employee rating is 40% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

79 reviews
5.0
Jan 15, 2019
Recommend
CEO approval
Business Outlook

Pros

Walking into work every day is exciting! It's a fantastic opportunity to work for a visionary who truly cares about his employees, and truly cares about changing the world for the better. It's not just marketing -- he really wants to do it. It's a diverse group of coworkers... and everyone has a voice. Health insurance -- United Health Care. All three local hospitals are in network. Self-funded health savings card for dental/eye. PTO

Cons

It's a start up. Some people flourish in a start up environment. Some need more structure.

1.0
Dec 15, 2023
Recommend
CEO approval
Business Outlook

Pros

Based on recent events that unfolded there are none left.

Cons

I joined Blockchains with high hopes and enthusiasm for contributing to the exciting world of blockchain and self-sovereign identity (SSI). Unfortunately, my time at this company turned out to be nothing short of a professional nightmare. Here are the key reasons why Blockchains is the worst employer I've ever encountered: Heartless Holiday Massacre: One week before Christmas, the company decided to fire half of its employees without any prior notice. The cold and impersonal method chosen for this devastating blow was a Zoom call. It was a heartless act that left employees in shock and disbelief, ruining the holiday spirit for many families. This complete lack of empathy and disregard for the well-being of employees is beyond reprehensible. Founder's Ego Over Substance: The founder, a former lawyer, displays an egomaniacal attitude that overshadows any genuine interest or understanding of blockchain technology or SSI. It becomes glaringly apparent that the only thing driving this individual is their ego and public image. The founder's detachment from the core technologies the company is built upon is not only disheartening but also a significant obstacle to the company's progress. Management Incompetence: The top management at Blockchains consists of yes-sayers with legal backgrounds but a severe lack of comprehension when it comes to blockchain technology or SSI. This lack of understanding has resulted in a failure to release any product with genuine market potential. It's clear that decisions are made based on legal perspectives rather than technological feasibility, hindering innovation and progress within the company. Internal Politics Over Innovation: The only product that seems to be flourishing at Blockchains is its internal politics. The toxic environment fueled by power struggles and lack of vision has overshadowed any potential for innovation or collaboration. The focus on personal agendas rather than fostering a creative and forward-thinking atmosphere has turned the workplace into a breeding ground for discontent and frustration. In conclusion, Blockchains is undoubtedly the worst employer one could choose. The heartless firing of employees, the founder's ego-driven leadership, and the incompetent top management make it clear that this company is not a place for those who value their time, mental health, and professional growth. If you are considering Blockchains as your next career move, I strongly advise against it. Save yourself the anguish and look for opportunities elsewhere where your skills and efforts will be valued and appreciated.

2.0
Nov 30, 2021
Recommend
CEO approval
Business Outlook

Pros

Most of the employees who work (or worked) there (or in the German subsidiaries) are really great people. And the original vision and goals are really inspiring.

Cons

Never before in my professional life as software developer (>20 years) have I experienced how, despite sufficient financial basis and outstanding visions and an excellent development team, one project after the other is put into the sand. The upper management (CEO and his executive manager - both former lawyers) rule the company exclusively by distrust. This may be common in a law firm, but not in a high-tech company. They want to make every decision themselves, even though they have no deeper understanding of the technology. On top of that, there is no written communication at all from the CEO where he lays out his vision. So, after many years, no one can say exactly what he really wants. Even when a prototype has been built and Jeff has praised it to the skies, saying that this is exactly what he had in mind, a few weeks or month later it can be completely different and suddenly something else is very important and everything is thrown away and it is started again completely from the beginning - and all this without any explanation and without really taking the team with him. The personnel management is poor as well. Employees are at best working tools for Blockchains. Developers are hardly appreciated. Employee development is virtually non-existent. The only tool they know how to use is to hire and fire people. For many employees (especially those in the US), the constant fear of being kicked out overnight is permanent. Unfortunately, as said, the CEO has extremely ambitious visions, but is neither able to communicate them nor is he willing to place the necessary trust in the experts he has hired so that they can implement something (even if a plan is existing and approved). The same is true of the executive manager, who tries hard to bring the CEO's ideas to life but fails to provide any competent technical leadership due to his lack of deep technical understanding and inability to delegate responsibility. Since the CEO can't or doesn't want to cooperate with other companies, he simply buys companies he thinks might be needed, but there seems to be no plan behind it except to buy. This lack of plan is transferred to the developers, who simply do what they are told, without daring to be creative, as this is neither rewarded, but even carries the risk of falling out of favor with the CEO and being fired. Research teams have been formed several times - a synonym for its members for being fired with a high probability in the near future.

Viewing 67 - 69 of 79 Reviews

Glassdoor has 82 Blockchains reviews submitted anonymously by Blockchains employees. Read employee reviews and ratings on Glassdoor to decide if Blockchains is right for you.