Top Blockchain Development Companies in Armenia

Researched by:Goodfirms Research TeamUpdated:September 11, 2026

Goodfirms has reviewed 11 Blockchain Development Companies in Armenia as of September 2026. The top-ranked firm is Solicy (4.9 stars, 20 verified reviews, $25 - $49/hr, founded 2021, Yerevan). Across the category, the median hourly rate is $37, median client rating is 5, and 27% of firms employ 50+ members. Explore the vetted Blockchain Development Companies in Armenia below, compare their strengths, and connect with the provider best suited to your requirements.

Armenia is quickly becoming a hub for innovative blockchain technology, offering a range of top-tier blockchain development companies. These companies specialize in creating advanced blockchain solutions such as decentralized applications (dApps), smart contracts, and enterprise-grade systems that improve security and transparency. With skilled blockchain developers and flexible options like dedicated teams and remote collaboration, businesses can find tailored solutions to meet their needs. Explore Armenia’s leading blockchain companies to leverage cutting-edge technology for your business.

11Verified firms
$37/hrMedian hourly rate
5 ★Median rating
27%Have 50+ members

Goodfirms has verified 11 Blockchain Development Companies in Armenia - part of 3,194+ Blockchain Development Companies, each passing Goodfirms' 4-step verification process (background check, client interviews, portfolio audit, ongoing quality review). Listings marked "Sponsored" are agencies that pay for premium placement - sponsorship does not affect star ratings or review content.

Top 10 at Glance

Compare the highest-ranked firms first side by side.

Rank
Company
Rating
Reviews
Hourly Rate
Team Size
Founded
Location
Action

List of Top Armenia Blockchain Development Companies & Developers

Find a Blockchain Development Company Near you
Find a Blockchain Development Company Near you
Service
Hourly Rate
Employees
ReviewsAll Companies
Industry
Client Type
  • Solicy provides experienced blockchain developers who deliver advanced blockchain solutions with a team of 30+ skilled professionals. The company specializes in Web3 integration, blockchain wallet development, DeFi mobile apps, smart contracts, dApps, NFT marketplaces, and more. With over 4 years of experience, Solicy has successfully ... read Solicy reviews & insights

    $25 - $49/hr
    10 - 49
    2021
    Yerevan, Armenia
    Solicy delivered a technically flawless launchpad with exceptional efficiency - Chief Executive Officer
  • We deliver full-cycle services to global businesses from market research and business modeling to software and cloud engineering, product design, and marketing. We have served clients in over 20 countries and successfully completed more than 150 projects since our founding in 2015. Our client portfolio ... read Groksmith reviews & insights

    $25 - $49/hr
    10 - 49
    2015
    Yerevan, Armenia
    Groksmith: Elevating Mobile App Development for MarketBoost with Innovation and Excellence - Social Media Manager at MarketBoost
  • Founded in 2018, Blockstars, formerly Blockchain Rockstars, is a leading company specializing in Web3 products. The company’s team of 40+ skilled blockchain developers has expertise in smart contracts, cryptocurrency, DeFi, Metaverse, Architecture, Layer 2 solutions, Tokenomics, and more using advanced technology stacks. Blockstars excels in ... read Blockstars reviews & insights

    NA
    10 - 49
    2018
    Yerevan, Armenia
    I had a great experience working with the professional and expert team at Blockstars who delivered a high-quality web3 product. - Head of Marketing and Communications
  • WHO WE ARE We are your digital partner to create inspirational design and robust solution for Web, Mobile & Cloud. FLLTech is a web and mobile app development company dedicated to providing innovative and custom solutions to businesses of all sizes. We are a team ... read FLLTECH reviews & insights

    $25 - $49/hr
    50 - 249
    2019
    Yerevan, Armenia
    Vexpo virtual exhibition - Vexpo Vitual Expo at vExpo
  • We develop products that are worth more than their money. We know, you are here, because you need a modern and easy-to-use digital solution for your business. And you are on the right track, as we create modern digital products and provide a full cycle ... read Direlli LLC reviews & insights

    $25 - $49/hr
    50 - 249
    2019
    Yerevan, Armenia
    Providing project managment for own and also for outsource projects. - Project Manager
  • Creatix Technologies is a software and blockchain development company, bringing the best engineering teams and talents in Armenia to startups, small and medium-sized companies, as well as enterprises around the world. What do we offer? In a nutshell: Dedicated and full-time software teams. JavaScript (Node.js, Nest.js, Next.js, React, Vue.js, React Native, etc.) PHP (Laravel, Symfony, ... read Creatix Technologies reviews & insights

    $25 - $49/hr
    10 - 49
    2019
    Yerevan, Armenia
  • "Red Octopus"​ is IT consulting and developing company, which offers a big variety of software and web development programs to European and American companies to create and develop their businesses. We create our own programs which are exported to other developed countries in all over the world. Our main office is located in Yerevan, Armenia. ... read Red Octopus reviews & insights

    $25 - $49/hr
    10 - 49
    Yerevan, Armenia
  • Milies is a software development company based in Armenia, partnering with organizations all over the world. We are a youthful, driven, quality-focused team, ready to go above and beyond to make sure your tech product succeeds - even under the toughest deadlines. Our mission is simple yet profound: to exceed client expectations with efficient, cost-effective ... read Milies reviews & insights

    $25 - $49/hr
    10 - 49
    2020
    Yerevan, Armenia
  • SoftShark, a global professional software services company, provides a range of services and solutions in software development, consulting, outstaffing and outsourcing. The basis of our company is customer satisfaction and excellence in what we do. SoftShark is committed to providing the best digital means by combining innovative technology and strong professionals. By multi-layer process, we ... read Softshark reviews & insights

    $25 - $49/hr
    10 - 49
    2021
    Yerevan, Armenia
  • At BitBreeze, we empower organizations with smart, scalable, and human-centered tech-solutions that produce actionable results. O We combine technical know-how with strategic insight to deliver digital experiences that don’t just look beautiful — they perform, scale, and adapt. Whether it’s digital transformation, software development, cloud enablement, or UX-driven design, we partner with clients to build ... read BitBreeze reviews & insights

    $25 - $49/hr
    10 - 49
    2023
    Yerevan, Armenia
  • IMEA systems creates and protects the customer experience by delivering intelligence services. We are a team of weird dancers, good football players and perfect specialists ready to make your customer journey effective and powerful. Shaping emerging technologies to embed intelligence in Software, Mobile, Blockchain and Machine Learning solutions since 2015, IMEA holds an ability to ... read IMEA Systems reviews & insights

    $25 - $49/hr
    50 - 249
    2015
    Yerevan, Armenia

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1 states with the best Value Score for hiring.

Ranked by a composite blending firm count (supply), average rating (quality), and average hourly rate (cost). Affordability is weighted highest (50%), so this surfaces genuinely affordable destinations - not just the biggest markets.

Where the firms are.

Bubble size shows how many firms each country has; colour shows its average hourly rate. Tap any country for its firm count, average rate, rating, and Value Score.

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All states ranked by Value Score.

Every state in scope, ranked by Value Score.

StateFirmsAvg RateAvg RatingValue ScoreAction
AMYerevan11$37/hr580View firms
AMYerevan
11 firms$37/hr5
Value Score80 / 100

Match by work-hour overlap with your team.

Cost matters - but so does being able to actually talk to your developer during your workday. Here are the best destinations for each major hub.

If you're in US (PT/ET)Recommended

Look for nearshore LATAM partners - same-day collaboration, similar time zones, and 50-60% cost savings vs domestic.

MXMexico~7h overlap
ARArgentina~6h overlap
BRBrazil~5h overlap
CACanada~8h overlap
If you're in Europe (CET/GMT)Recommended

Eastern Europe is your sweet spot - 1-2h time zone shift, EU GDPR alignment, and 40-50% lower rates than Western Europe.

PLPoland~8h overlap
UAUkraine~7h overlap
RORomania~7h overlap
ZASouth Africa~8h overlap

How firms are placed on the matrix

Every position on this chart is the output of the Goodfirms ranking algorithm - a weighted composite of signals across two axes. The algorithm is recomputed regularly and is fully documented.

Sponsorship does not affect placement. PRO members receive visible badges and ad placements, but their algorithmic scores are calculated identically to free listings.

Read the full methodology
Algorithm at a glance
1
X-axis (Core Competencies): Service Focus Ratio + Portfolio Depth + Quality + Experience
2
Y-axis (360-Performance): Client Reviews + Market Presence + Goodfirms Score
3
Missing signals are excluded from a firm's score, not substituted with defaults - weights redistribute across remaining inputs
4
Recency decay over the last 18 months keeps stale reviews from dominating
5
Eligibility floor: ≥ 1 published review in this category scope

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Cell intensity (firm density):
Low
High
Best Value marks the densest, highest-rated, most-affordable cell per row

How the heatmap is built

Every cell in the grid above is the count of firms in (place × hourly-rate tier). Firms are placed by their published hourly rate; those without a disclosed rate are not plotted.

Top company names per cell are surfaced by Value Score - a weighted blend of affordability (50%) + rating (35%) + review volume (15%).

The "Best" ribbon marks the cell in each row where firm density, ratings, and affordability line up best - the densest, highest-quality combination.

Read the full methodology
Value Score · per firm
ValueScore = 0.50 × Affordability
+ 0.35 × Rating
+ 0.15 × Review Volume
// All sub-scores normalized 0-100
// Affordability = (1 - rate/$200) × 100
// Rating = (rating - 3) / 2 × 100
// Volume = log10(reviews+1)/log10(200) × 100

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