Top Blockchain Technology Companies
Looking for leading blockchain development companies? Find a list of the top blockchain companies with reviews to assist you in selecting your trusted top blockchain developers. Blockchain development is an intriguing concept that allows the creation of a distributed ledger for digital data. Because blockchain technology is a global database that does not require a central admin, it has initially used to protect financial transactions. But, with new case studies coming into the picture, blockchain technology has emerged as a new horizon for the I.T. Business market. Choose the right blockchain technology company for your business idea is now made easy by GoodFirms through the below list:
List of Top Blockchain Companies & Developers
A tailored software solution for your business
VeViDi is a customer-focused development agency specializing in Web, Mobile, and Game Development. Our tech stack: ✔️Ruby on Rails ✔️PHP, Laravel ✔️HTML/CSS ✔️Vue ✔️React ✔️React Native ✔️Unity We strive to deliver the best possible solution, ensure the code quality and easy mai ... learn more about VeViDiVisit website$25 - $49/hr10 - 49Ukraine
Deep Fork Technology
Affordable Custom Software for Small Businesses
Deep Fork Technology is a custom software development company based in Oklahoma City. At Deep Fork, we work closely with small/medium size businesses to provide custom solutions across various industries including Oil & Gas, Finance, Agriculture, Healthcare, and more. From websites and mobile apps ... learn more about Deep Fork TechnologyVisit website$150 - $199/hr2 - 92013United States
Enterprise Software Solutions
Codebreaker Technologies puts together a bunch of passionate minds to transform your visions into reality imparting an awesome digital experience for your users. From website design, development, scalable mobile apps to SaaS platforms, the solution we engineer accelerate efficiency and fuel growth for our clients. F ... learn more about Codebreaker TechnologiesVisit website$25 - $49/hr10 - 492013Switzerland, United States
SYOFT is a leading software development company
SYOFT is a leading global software development company based in Hyderabad with decades of experience. We offer a multi-professional service that helps you transform, accelerate, scale, and optimise your business ideas. We are a company that believes in providing quality work and transforming businesses with innovation ... learn more about SyoftVisit websiteNA50 - 2492016India
We Partner In Your Growth
Intellicce is a technology-driven firm that provides innovative solutions for businesses to grow and thrive. They specialize in delivering customized software development, digital marketing, and IT consulting services to clients across various industries. Their team comprises of experienced professionals with extens ... learn more about IntellicceVisit websiteNA2 - 92016India
Software and Mobile App Development Company
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, Block ... learn more about IMEA SystemsVisit website$25 - $49/hr50 - 2492015Armenia
Technology that delivers on your promise
Scriptics is your technology partner with a strong capability, capacity, and focus in Offshore Software Development and Outsourced IT Solutions which delivers next generation services, consulting and business solutions with an unmatched business value lead with process excellence within a qualitative and innovative fra ... learn more about ScripticsVisit websiteNA2 - 92009Canada
Powering startups and enterprises
In today’s world, digital products must delight their users. Development speed and applied creativity are critical priorities. We spark industry change by creating innovative, engaging products, while simultaneously ensuring rapid time to market.Visit website$25 - $49/hr10 - 492011Lithuania, Germany
DEVOPS - INTEGRATION - SECURITY - DEV SERVICES
We specialize in development of enterprise business software and applications for custom needs with preferable microservices architecture. Our experience allows us to create applications with high performance with the use of PHP, Java, Python, C++, C#, Linux/Unix and other technologies, pr ... learn more about MK-CONSULTINGVisit websiteNA10 - 492017Ukraine
Skyrocket your software engineering power.
Ready to go teams that focus on the details that make things work. Accelerated Ramp Up periods, Simplified Communications and a Streamlined Process to deliver Sharp, Innovative and Reliable Software Development Services & Solutions. With more than 14 years in the industry; we are here to hel ... learn more about WakapiVisit websiteNA50 - 2492003Argentina
Web Design and Marketing Agency
Artex Launch is an Award Winning creative design and marketing company dedicated to bringing the same level of success that enterprise businesses achieve to Start-Ups and small businesses. We partner with these companies for custom-tailored software, web, mobile apps, branding, and marketing solutions. Through a combin ... learn more about Artex LaunchVisit website$50 - $99/hr2 - 92021United States
Where Technology Matters
Deveolutions is a reliable, professional, and client-oriented digital development company base in Lahore, Pakistan. We value nothing in front of client satisfaction. In these times of nouvelle technologies, we have a competitive team that adapts to the client's requirements on the go. We believe in the client-deve ... learn more about DeveolutionsVisit website$25 - $49/hr2 - 92020Pakistan
Software Development Company in Maryland
PoloSoft Technologies is an innovative service provider for enterprise , CRM, ERP, , , , , , , , & . Our IT solutions make some glorious promises to our clients that give business empowerment, greater growth, and leapfrog the entire stages of development. We completely devote our time and focus to satisfy our custo ... learn more about Polosoft TechnologiesVisit website$50 - $99/hr50 - 2492016United States, India
Genese Solution Pvt. Ltd. is a multinational company, a part of Genese Solution based in the United Kingdom. We are a cloud consulting company and cloud service provider working to enable rapid digital transformation. We began our operations in Nepal in 2019 through Foreign Direct Investment from the parent company in ... learn more about Genese SolutionVisit website$25 - $49/hr10 - 492013United Kingdom, Nepal
Where technology meets innovation
Cyber Nest is a full-service web-studio developing project from the very idea to its final implementation. We have got a team of experts best suited for your business.Visit website$25 - $49/hr10 - 492020Pakistan
Software, Web, Graphic Designer, Marketing Digital
Graphic House is an established software development company that provides mobile applications and web application development services of any complexity to clients around the world. Founded in 2020, Graphic House is an offshore software development company with a strong team of over 1000 highly qualified IT experts, s ... learn more about Graphic HouseVisit website$150 - $199/hr1,000 - 9,9992020United States
Driving Change Through Technology
Trango Tech is a 360° digital transformation company that creates tailored software solutions for multiple global sectors. Our aim is to help businesses enhance their growth and be updated to technological advancements while managing complex issues efficiently and effortlessly. We have a team of 200+ talente ... learn more about Trango TechVisit website$25 - $49/hr250 - 9992003United States
Custom web & mobile development
WE CREATE A PRODUCT THAT MAKES SENSE An outstanding IT Outsourcing company with innovative business approaches. We give a highly competitive offer in the market of IT-industry. Provide a full range of Web & Mobile application design and development services.Visit website$50 - $99/hr10 - 492019Ukraine
Apinnovate IT Consultancy LLP
Innovation start from here
Apinnovate is One Stop Source for Custom Software development and Digital Marketing. We help businesses achieve their goals with reliable IT solutions and support. Apinnovate is a software development company that focuses on the partners’ business goals and needs and assigns experienced software, development team ... learn more about Apinnovate IT Consultancy LLP
Reliable digital solutions technologies
Reliable digital solutions technologies & software engineering partners, at WEDIGITAL we are highly motivated professionals, dedicated to helping businesses of different sizes to innovate, improvise, and digitalize.Visit website$25 - $49/hr10 - 492020United Arab Emirates
Indilens Web Solutions
Indilens Web Solutions
Established in the year 2004 named it Indilens with the grace of almighty God. Indilens which is now Indilens Web Solutions jointly owned by Mr. Main Uddin and Mrs. Shazida Khatun. How it Started ? Sometime it happens unfortunatly, On evening an idea originated in my mind to start a firm, which was further discussed wi ... learn more about Indilens Web SolutionsVisit websiteNA2 - 92004India
One stop solution to all your design needs.
If you are looking for a quality,professionalism and cost-effectiveness under a single umbrella,then you are at a right shop. Maneuver's professionals are here to convert your imaginations into reality. We are delivering exceptional digital services inclusive of designing, web development, digital marketing and a m ... learn more about Design ManeuverVisit website$50 - $99/hr50 - 2492015United States
True Digital Partner
Digital & Technological solution provider with the upper hand in blockchain, AI, IoT, mobile app and web development as well as design branding and Digital Marketing We are recognized as the number one global enterprise development company. We have a prominent team of developers & designers with extensive exper ... learn more about Rightous TechnologyVisit website< $25/hr10 - 492022India
All in one and trusted web development agency
At Esoftking we have over 5 years of web development knowledge and experience. We aim to create high-quality, easy-to-use, affordable website solutions for businesses. Your excitement, happiness and satisfaction are at the very core of everything we do at Esoftking but more than anything we understand that results matt ... learn more about ESOFTKING INFOTECHVisit websiteNA2 - 92017India
We build and manage your end-to-end tech operation
We are a passionate tech team that strives for the utmost excellence on helping entrepreneurs, startups and scale ups to efficiently build and manage their end-to-end tech operations, so they can focus on growing their business. Our mission is to discover, design, develop, and deliver innovative, cost-effective, and ... learn more about JLabsVisit website$25 - $49/hr2 - 92018Philippines, Canada
Deuglo Infosystem Pvt Lmt
Let’s Build Your Business Together!
Deuglo is the top-notch provider of Web Applications, products, services and solutions across the globe that enable and transform the way our customers gather, manage, distribute and communicate information. Our mission statement is the commitment towards our clients which we will always adhere to.We aim to become the ... learn more about Deuglo Infosystem Pvt LmtVisit website< $25/hr10 - 492015India
Web & Mobile App Development Company
Softence is the leading Mobile Apps and Web development company that is pioneering in bringing the products and ideas into the Mobile Space with high quality. We help clients in identifying risks and opportunities that address both short-term challenges as well as long-term value creation. Softence provides support or ... learn more about Softence TechnologiesVisit website< $25/hr2 - 92015India
Turn your ideas into reality
Snowtint is an end to end technology company. We established in 2010 and worked with many companies on their technology advisory, strategy, UX/UI design and engineering services covering end-to-end mobile app development, IOT, AI and more.Visit website$25 - $49/hr10 - 492010India
Matrix It Solution | Smart Outsourcing Solutions
outsourcing training Dhaka
আমাদের আউটসোসিং/ফ্রিল্যান্সিং ট্রেনিং সমূহ : 👉Digital Marketing 👉Basic Computer (MS-Word, Excel) 👉Search Engine Optimization (SEO) 👉Web and Mobile Responsive Design 👉WordPress Them Development 👉Graphic Design 👉Affili ... learn more about Matrix It Solution | Smart Outsourcing SolutionsVisit websiteNA10 - 49Bangladesh
CloudTrains Technologies Pvt.Ltd
Reinvent Your Mobile Apps & Web Experience.
CloudTrains is a well-known firm for providing high-end, business-oriented web and mobile app development solutions across the globe. Creating innovative technology solutions to empower entrepreneurs, startups & enterprises; thereby, enabling them to serve their customers better. We can give your idea a shape that ... learn more about CloudTrains Technologies Pvt.LtdVisit website$25 - $49/hr50 - 2492018India
Microcis Software Solutions
Microcis Software Solutions
Microcis is an industry-leading web and mobile app development company known for delivering innovative and award-winning solutions for the government and private sector entities. Microcis is renowned as one of the best app development companies in app space with its outstanding capabilities and a world-class team of ... learn more about Microcis Software SolutionsVisit website< $25/hr10 - 492011Afghanistan
A Best SAP Consulting & software development company in India: HexaTech Global having a deep insight into various industry domains, allowing our SAP consultants to understand the actual client needs timely, efficiently and in a cost-efficient manner. Our main purpose is to avail a hassle-free SAP solution to our cl ... learn more about HexaTech GlobalVisit website$25 - $49/hr10 - 492019India
(IT Advisory and Consulting Company)
We are result-driven information technology consulting firm specialized in helping companies with our wide range of competencies in new age technologies and business frameworks. Infonium works along businesses to offer tailored IT consultancy services. We work as a business partner to help in business growth, produc ... learn more about Infonium TechnologiesVisit website$25 - $49/hr2 - 92019India
ONE OF THE TOP GLOBAL AGENCY We provide the best solution services for you; as a Digital Agency, we provide Marketing, Branding, Development, Growth, Analysis, Auditing, and more.Visit websiteNA50 - 2490Qatar
website design kolkata
is a web development company in India offering a range of products and services including website design, outsourced web development, SEO services. also, we provide Satta Matka game, 3patti game, casino game, if required any types of game contact - 858581444 or visit - https://www.gowebs.in/sa ... learn more about gowebs
ESDS Software Solution Ltd
The Digital Transformation Catalyst
Born with a global mindset, ESDS began its operations from Nashik (India) in 2005 and presently has its footprint in APAC, Europe, Middle East, the Americas, and Africa. ESDS acts as a catalyst for Digital Transformation in the modern outcome-based economy by enabling organizations to embrace Advanced Technologies.&nbs ... learn more about ESDS Software Solution LtdVisit website< $25/hr250 - 9992005India
ImporioTech is an IT firm that offers high value software & digital solutions to clients across the globe. We ensure success of our clients and partners, by providing them highly optimize IT solutions specifically designed for them.Visit website$25 - $49/hr2 - 92018Canada
We Implement Your Ideas
Jaraware Infosoft is a trusted website and mobile app development company. We assist you in building structured, advanced & first-rated website and mobile applications for the organizations to rank them among the top listed ones. We deliver a full spectrum of software consulting and development services to clients. ... learn more about Jaraware InfosoftVisit website< $25/hr10 - 492018India
Your digital marketing companion
PaperBoat Marketing started out in 2020 and yet we are emerging in the marketing industry with light speed. We provide complete digital marketing services like SEO, PPC, Social Media Marketing, and such for Startups and Small Businesses.Visit website$25 - $49/hr2 - 92020United States
Geek Informatic & Technologies Pvt. Ltd.
We Breath Technology
As We are having Multiple Experts professionals more than 80 Members in Mobile App Development, Web APP Development, Web Design, Graphic Design, SEO Team. We are based in India and have partners overseas. We have been specializing in the industry for the last six years. We have a unique community of passionate profe ... learn more about Geek Informatic & Technologies Pvt. Ltd.Visit website< $25/hr50 - 2492014India
Digital Transformation Services
We are a group of specialists and managers who have operated on the Polish and international IT market for over 15 years. We have participated in many successful projects and implemented software on four continents - both on and off site. We work in the heart of Europe - in Krakow, which we chose due to th ... learn more about bravelogyVisit website$50 - $99/hr2 - 92014Poland
Best website design development agency
Antstaff is a web design development company that helps to design development any kind of website for local and international business. Antstaff offers its services in the form of long-term maintenance contracts as well as complete service packages and campaigns, in order to enable the customers to focus on their actua ... learn more about AntStaffVisit website< $25/hr2 - 92021Bangladesh
WWG is an Italian IT Company
WWG is an Italian company with 20 years of experience and solid expertise in digital innovation technology. WWG helps businesses elevate their value through custom software development, product design, QA and consultancy services. Every single team involved in the business processes uses the principles of Lean thinki ... learn more about WWG s.r.l.Visit website$50 - $99/hr50 - 2492000Italy, United States
Best Solution For Your Online Business
We create result-driven websites and mobile apps. We are a successful website development company that has completed over 1100 projects for startups, small businesses and large corporates. Our work and after sales support is exceptional which is why we have an over 92% client retention rate.Visit website$50 - $99/hr10 - 49United States
Managed IT Service Provider Romania
Managed IT service provider and integrator of IT solutions systems in northern Romania; team with specialists in consultancy, IT security, maintenance, design and implementation of IT solutions. With many years of experience, One-IT has established a brand recognized for the quality and efficiency of the products an ... learn more about One-ITVisit websiteNA10 - 492003Romania
Web and mobile app development company
UI/UX Designer | Web and App Design | Figma | XD Passionate, and dedicated UI/UX Designer from India with 10+ years of experience. Features of Service - 100% Customer Satisfaction - Good Communication Availability 24/7 Expert in Tools: - Figma, Adobe XD, Sketch, Illustrator, Photoshop I always do al ... learn more about Chouhan Technology
Web and App Development Company
BCoder Castle is software development company. We at bCoder bring everything your product needs to table with global client based & proven. We design & develop iOS & Android mobile apps and websites. We experts in UI/UX designs, digital marketing and QA.Visit websiteNA50 - 2492020United States
Build your software with a team that delivers.
We can help you bring your idea to life - whether it's a Minimum Viable Product or adding features to your existing product.Visit website$50 - $99/hr10 - 492016Brazil
Xekera Systems Inc.
Xekera Systems is a software, hardware and digital agency, we provide all development services and solutions. From web design to mobile application development, We build long term relationships by consistently exceeding expectations.Visit websiteNA250 - 9992001United States
Ukrainian IT Outsourcing Company
Why Us? A Decade of Business Experience Over 200 specialists on board Perfected Delivery Model Quick Turn-Around 24/7 Support, ability to adjust to your time zone A Multitude of Skills in One Team Referral bonus programs Experience working with over 30+ industriesVisit website$25 - $49/hr250 - 9992012Ukraine
Avigma Tech LLC
If you can think it we can build it
The industry review of Avigma Tech LLC has been perfect for the past years as most of its business comes from repeat orders by highly satisfied clients. Credibility is the hallmark of the company. At Avigma technology, we understand the things that keep you formerly occupied. Our team of hard-working specialize ... learn more about Avigma Tech LLCVisit website< $25/hr10 - 492010United States
Lets Drive a Digital Future
At Heights Studio, We Don’t Just Provide IT Services, We Deliver Technology Solutions That Drive Business Growth And Success. Our Team Of Experts Takes A Strategic Approach To Technology, And Helps You Identify Opportunities To Improve Your Business Operations, Increase Efficiency, And Drive Revenue. Our Servi ... learn more about Heights StudioVisit website$50 - $99/hr250 - 9992008Pakistan
Artmac provides Digital, consulting and Management IT services to clients globally - As your trusted partner, let’s reimagine how your business gets done. Merging your vision and our expertise, we help you achieve powerful results.It’s our mission to help our customers achieve success. That can only be acco ... learn more about Artmac softVisit websiteNA2 - 90United States, India
Netscape Labs Infotech Pvt Ltd
We Provide Solutions
At Netscape Labs , we believe in delivering solutions that may benefit your business. we don’t push services to our clients. we provide solutions to businesses whether it may be from market research, product strategy, apps, websites, decentralized apps whatever it may be.Visit website< $25/hr10 - 492018India
What is Blockchain?
Blockchain technology rose to the heights of popularity after the inception of Bitcoin in 2008. Blockchain consists of blocks of unalterable data, which is then time-stamped and operated by an assemblage of computers. These blocks are connected employing the fundamental postulates of cryptography, deriving the name Blockchain.
It was introduced as the first decentralized point-to-point automated cash system. Today, however, more and more industries, such as financial services, healthcare, government initiatives, etc., are implementing blockchain technology solutions to streamline business models per their requirements.
What are the Benefits of Incorporating Blockchain Application?
Here are the top five advantages of blockchain development services.
1. Reinforced Security:
The blockchain technology solution is ideal for ensuring a secure record-keeping system. The blockchain application warrant that each transaction is approved before recording the data. The transaction detail is then encrypted and connected to the initial transaction. The data on a blockchain application is saved over a ‘chain’ of networks rather than a single server, ensuring protection against hacking attempts. Moreover, the blockchain industry prevents unauthorized actions, such as adding or removing specific entries, guaranteeing the legitimacy of the transactions.
2. Improved Transparency:
The decentralized blockchain app enables access to the documentation of each network, ensuring transparent proceedings. The information on a blockchain network is more precise and consistent since the alteration of any record must be updated through general agreement amongst each participating network. This simplifies the task of assessing each history and analyzing and maintaining the integrity of the data. Moreover, blockchain systems facilitate the analysis of the asset’s journey from inception to the end, streamlining transaction traceability.
3. Time and Cost Efficiency:
Unlike traditional trading procedures, the blockchain development service streamlines and automates the transaction process, reducing the chances of human error and third-party intervention. This increases the speed as well as the efficiency of the transaction. In addition, since multiple members use a single ledger, the excessive cluster is quickly cleared. Moreover, organizations can substantially reduce costs by removing 3rd party vendors and mediators.
Which Are the Most Popular Blockchain Platforms?
Numerous blockchain platforms have risen to fame since the inception of a blockchain technology solution. However, we are going to discuss the most prevalent blockchain networks.
Ethereum was first developed in 2014 by Vitalik Buterin. It is a highly active blockchain platform employed to formulate decentralized blockchain applications. Key features of Ethereum Blockchain:
- It is an open-source, cross-industry platform.
- Its algorithm is Proof of Work-based.
- Ethereum developers design the platform.
- It accommodates smart contract functionality.
- It grants a 'permissionless' ledger.
Hyperledger was introduced in 2016 by Linux Foundation. Hyperledger has three main variants: Hyperledger Fabric, Hyperledger Iroha, and Hyperledger Sawtooth. All three platforms adopt a modular approach to promote a decentralized blockchain app. Key features of Hyperledger:
- It is a Cross-Industry platform.
- Hyperledger Fabric and Hyperledger Sawtooth work on a pluggable framework algorithm, whereas Hyperledger Iroha employs the Byzantine Fault Tolerant algorithm.
- Like Ethereum Blockchain, Hyperledger supports smart contract functionality.
- Hyperledger Fabric and Hyperledger Iroha grant permissioned ledgers. Hyperledger Sawtooth offers a permissionless ledger.
OpenChain is created by the CoinPrism organization. It is ideal for managing digital assets due to its open-source functionality and unified API. This blockchain network also offers additional control to individual systems at several levels. Key features of OpenChain:
- It is a private network.
- It is based on the Partitioned Consensus algorithm.
- Administered by Linux Foundation.
- It provides permission ledgers.
- OpenChain has smart contract functionality.
How to Choose the Best Platform for Your Company?
Before teaming up with a blockchain development company, selecting a blockchain platform that matches the various features required to run the project successfully is essential.
1. Permissioned vs. Permissionless:
Choosing a permission or permissionless interface is influenced by the authority allotted to the participation servers. Permissioned platforms are the ideal option for businesses that require individual systems to be authorized before engaging in the chain. In addition, a permission blockchain application can accommodate thousands of transactions per second instead of permissionless systems.
The organization must analyze the scope of expansion in the number of its members and transactions before opting for a blockchain platform. The blockchain channels need to expand with the overall company growth. Moreover, consider the expected intensity of the trades to opt for the right platform. For example, platforms such as Paypal and Visa offer faster transaction results compared to Bitcoin and Ethereum.
3. Adaptability and Availability:
Each business has multiple pre-existing technologies in place. However, while incorporating a blockchain framework, the decision-makers must consider its versatility with such systems. Besides, organizations must examine the current trends and accessibility of the platform. Select the blockchain system that can be developed using a programming language that the Blockchain Platform’s SDK supports.
4. Support and Security:
Businesses must ensure the type of post-integration support offered by the blockchain platform. The platform association must be accessible and active. Inquire whether the firm provides timely feedback and resolution in case of a technical malfunction. Before selecting a platform, check whether the system is deployment-ready or still in the experimental phase. Furthermore, ensure the codes of the platform are peer-review and tested across numerous use cases.
Several blockchain platforms do not charge transaction fees. Whereas systems such as EOSIO or Ethereum costs cryptocurrency for every transaction. Furthermore, Ethereum has a static pricing model as opposed to EOSIO. Therefore, organizations can factor into the project's total investment by being clear about the charges and tolls imposed.
Which Are the Most Widespread Blockchain Solutions?
1. Smart Contract:
The Smart Contract is an ingenious method for making a transaction or deciding upon the terms and conditions in a contract between two fractions without the intervention of a third party. For instance, consider a crowdfunding project - a person with an idea or a venture can directly receive funding from the supporters via top smart contract blockchain without mediators such as the government or the banking sector slashing any amount as transaction charges or taxes. Moreover, due to the distributed blockchain network, each transaction is validated by the entire network, ensuring no fraudulent conduct. This promotes direct dealing with the clientele creating a transparent, trustworthy relationship.
Cryptocurrency trading is at its peak of fame today. The top blockchain developers offer a decentralized, immutable, pseudonymous platform with high-level transaction security while simplifying and speeding up the bidding process. The peer-to-peer solution also eliminates brokers, thereby reducing transaction costs. Furthermore, having a fast system means businesses can conduct countless transactions in a fraction of the time, thereby increasing the chances of financial gains in the stock market. Blockchain technology can also automate post-trade events by streamlining real-time settlements, supply chain optimization, etc.
3. Blockchain Wallet Development:
Blockchain wallets are ideal for online trading without incorporating an arbitrator. The top crypto wallet development companies supply automated KYC verification methods that aid individuals in avoiding money laundering & fraud. Cryptocurrency is also an asset during inflation since its value doesn’t change drastically. Blockchain wallets contain detailed information about each transaction allowing users to monitor their investments and purchases. It can also accommodate multiple currencies, making it a flexible choice.
Which Are the Revolutionary Applications of Blockchain Technology?
The top blockchain development companies are working on projects that will secure the results of poll-taking situations such as government elections, board of director polls, customer surveys, etc. It will promote a transparent and easily accessible process. Blockchain apps can further prevent the system from hackers and ensure the integrity of the results.
2. Identity Management:
With the world going digital, most transactions and payments take place on online forums. However, the number of account hacking and identity theft cases is rising. Introducing a blockchain technology solution can eliminate this by creating a secure and transparent digital identity database.
3. Land Registration
Blockchain ledgers are publicly-accessible, which makes them a highly efficient mode of record-keeping. A revolutionary project is the property title registration process. The real estate industry faces countless fraudulent transactions due to the lack of a proper database system. This has urged a list of blockchain companies towards blockchain land registry projects.
The best blockchain companies are exploring ways to provide a decentralized and secure platform for exchanging and handling personal medical records. An open platform will allow medical practitioners to view the entire medical history of their patients quickly. This will enable them to provide quick treatment in case of an emergency.
Blockchain development companies are looking to enhance the way global logistics work. A decentralized supply chain method will not only automate the traceability of the goods but also increase the authenticity of financial transactions. Moreover, the blockchain system can eliminate unnecessary manual practices, thereby minimizing logging errors.
What Is The Research Process Followed by GoodFirms?
Business owners must invest in the best blockchain development company to develop an ideal blockchain technology solution. GoodFirms helps prospective clients in this quest by listing blockchain development companies worldwide.
The quintessential blockchain developers that made it to the list of top blockchain development service providers in GoodFirms' research are classified based on GoodFirms established research methodology, which evaluates the participants on various qualitative and quantitative factors. This highlighted list of the best blockchain companies has been identified based on their blockchain development skills and expertise, market penetration, and experience delivering customized blockchain solutions. The other valuable parameter the research team considers is the valuable feedback and recommendations genuine clients offer.
After a thorough analysis, our team of expert researchers deduced that the list mentioned above of blockchain technology companies provides unmatched blockchain technology solutions to meet the requirements of their clients from all across the globe. The esteemed companies possess a team of skilled blockchain developers up-to-date with the changing tools and technologies. The above list of blockchain companies then employs these tools to create customized blockchain solutions to help their client gain a competitive edge in the market.
If you think your blockchain development company possesses the streak and deserves a spot in our 'View Leaders Matrix' section, register in GoodFirms to participate in the upcoming research process.
Frequently Asked Questions
How to Hire the Right Blockchain Development Company?
Discovering the best blockchain developer can be an immensely time-consuming and overwhelming process. Check out the following tips to hire the best blockchain development company:
Developing a blockchain application is tedious, even explaining your needs to the blockchain development company. To be able to outline your vision clearly, you need to conclude what you need to build. Decide whether you are seeking public or private blockchain development services. Define the project's scale and the time and money you will invest. This will help you identify the type of blockchain consulting services you need and the team size.
After analyzing the features, you wish to incorporate into your blockchain application, review the amount you are willing to invest in the project. Once you know how much you are ready to spend, request the shortlisted blockchain companies to send a detailed quotation. The goal is to identify a candidate that offers a complete solution within your budget. A certified blockchain development company proposes pricing models based on multiple characteristics, like time duration and the difficulty level of the project. You may coordinate meetings with the team to negotiate the charges.
3. Work Profile:
Review the past work of the shortlisted companies. Inquire in detail about the previous projects - what was the use case, the blockchain platform used, the size of database offers, as well as the feedback of the client. You may also probe whether the blockchain consulting service provider hit a snag during the project and how they tackled it. You may also request references from their previous clients and connect with them to comprehend their firsthand experience. Besides, do not forget to check out independent review and rating platforms such as GoodFirms to get an unbiased evaluation.
Protecting your business idea and the data is crucial while outsourcing to a blockchain development company. Create a rough draft highlighting all the vital data and processes you wish to keep a secret in a Non-Disclosure Agreement. The top blockchain developer may request to add or edit a few clauses; however, if they outright deny signing the contract, consider it a red sign. The agreement must also outline the "all-inclusive" cost of the project to protect you from deliberate deception or miscommunication.
How Much Time Does It Cost To Develop A Blockchain App Development?
The expert team of researchers at GoodFirms conducted blockchain development research based on the in-depth data provided by 50+ blockchain development companies.
The time taken to implement a blockchain project depends upon various factors, such as the location of the client company and the blockchain development service provider company, the type of platform, the required features, and the tools and technologies used by the blockchain development company. According to the survey, a straightforward project can be delivered within 1 to 2 months. A blockchain development solution with moderate complexity is generally ready between 2 to 4 months. A complicated system, all-encompassing an extensive network of users, and limitless transactions can take six months to complete.
The cost of developing a blockchain app can cost somewhere between the range of $10K to $300K. This may seem like an extensive range; however, the cost depends upon the type of blockchain development services the business requires. The price may decrease if an organization builds a Distributed App with the help of a public blockchain network instead of creating a wholly customized blockchain technology solution. Moreover, the cost also depends on infrastructure, data structures, SDK, encryption, framework, storage space, P2P network, and other factors. In addition, the blockchain development agency's skill, expertise, location, and team size play a significant part in deciding the cost of the blockchain application.
Should You Build an In-House Team or Outsource Blockchain Technology Solution?
Decide whether you wish to build an in-house team of blockchain developers or outsource your project to an established blockchain technology company. Having an internal team will offer you complete access to the developers and the ongoing process. However, it is time consuming and expensive since you must invest in the infrastructure setup and the recruitment process. Contrarily, outsourcing allows you to nitpick every single developer for the project. You hire a blockchain development agency, and they deliver you the product. Moreover, you save a substantial cost on the workspace and invest in the latest tools and technologies. Finally, pick the top blockchain developers after evaluating their expertise, knowledge, and professional social media accounts, such as Linkedin profiles, to assess their quality.