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Top Blockchain Development Companies | 2024

A blockchain is a distributed ledger that records transactions on thousands of computers all over the world. These are saved in a form that prevents them from being changed afterward. Blockchain technology improves the security and speed of information exchange in a cost-effective and transparent manner. It also eliminates the need for third parties whose primary function was to give a level of confidence and certification in transactions (such as notaries and banks). The significant importance of blockchain has piqued the interest of businesses from a variety of industries, with the banking sector being the most active at the current time. Thousands of new job jobs and startups have been created as a result of blockchain, ranging from mobile payment solutions to health care applications. The blockchain's ability to record, store, and move any form of an asset with great convenience, automation, and in a decentralized manner has piqued the interest of startups and the financial services industry as a whole, who are anticipating potential use cases and applications in a variety of fields. We have curated a list of the best companies that can help you in Blockchain Development.

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Blockchain Development Companies

Magneto IT Solutions

Empowering Digital Transformation

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5.0 (32 Reviews)

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Suite 1402-182, 347 Fifth Ave, New York

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50 - 249

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$50/hr

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$25,000+

We are Magneto. A team of digital commerce experts working with manufacturers, wholesalers and retailers globally, turning ideas into unique customer & content-centric experiences, using a platform-agnostic approach. Since 2010, we have been architecting digital commerce solutions for our clients providing innovative solutions, managing delivery and accelerating the speed at which leading B2B, B2C, D2C and marketplace brands can scale with flexibility their online offerings. We empower enterprises with industry-leading composable commerce solutions through a range of partners which offer PIM, DAM, OMS, MDM, DEM, CRM, CX, omnichannel sales, and marketing business needs. We push ourselves. We push technology. And we push the boundaries of conventional commerce.

A3logics

IT Consulting & Development Services

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5.0 (8 Reviews)

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Suite 300 - 5857 owens Ave, Carlsbad

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250 - 499

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$25/hr

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$10,000+

A3logics has set the industry standard in technology services for 20 years. Since 2003, our reputation and experience providing quality technology services has redefined what the market looks for in innovative solutions and excellence in delivery to transform every client’s business completely.   As a company, our services model is all about cutting-edge conceptualization and time-critical development. Our clients take center stage with A3Logics services and solutions deployed to markets all over the world including the UK, U.S.A, Canada, and Australia. In every area of our company we believe in boosting your business and working with you to make it better. Our passion is feature-rich, engaging mobile app developments designed to your specifications in collaboration with our team of expert professionals who make the journey of developing your app exciting and fulfilling. In everything we do, A3logics is dedicated to:  Specialized, client-first service experiences Seamless, scaleable personalized designs Inclusivity and transparency embedded in our proprietary development process What sets us apart is our values and how we upheld these with every client, especially our team of over 350 technology experts who are constantly delivering diverse projects for mid-scale startups and established enterprises. Visit our A3logics website for detailed industry case studies, analysis and insights into mobile app development and technology trends, and our full portfolio of forward-thinking, robust client projects.

WeAlwin Technologies

Stay Unique

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0.0 (0 Reviews)

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D 73 Chokkanathar Street, Thirunagar 4th stop Madurai, Tamil Nadu, India., Madurai

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100 - 150

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$25 - 40/hr

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$5,000+

WeAlwin Technologies - Elite professional Blockchain Development Company that offers a complete package of blockchain development services for all kinds of individuals, startups and entrepreneurs. Get in touch with us for the Best Blockchain Development services. Get a free demo too.

PixelCrayons

Software Product Engineering

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5.0 (8 Reviews)

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H221, Sector 63, Noida

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250 - 999

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$25/hr

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$5,000+

We are an award-winning Digital Solutions company with a core focus on eCommerce development services. For the past 16 years, we are providing end-to-end e-commerce solutions to almost all sizes of businesses right from Startups and Digital Agencies to Enterprises, and ISVs. Since our establishment in the year 2004, we have catered to 6800+ customers from 38+ countries. Based in India, and having a sales office in the countries like the USA, UK, and Australia, we are a celebrated name in the IT service industry for our agile/DevOps development process, SLA-driven approach, and on-time project delivery. Being a result-driven eCommerce development company, we are helping eCommerce & mCommerce businesses by increasing their customer reach and growing revenue through the optimal combination of omnichannel presence, know-your-customer tools, and user-centric solutions. Pixel Crayons, as a USA’s leading eCommerce software development company, is helping B2B & B2C clients drive their customers’ satisfaction, expand their audiences and boost sales.

IndiaNIC

Digital Product Agency with Enterprise Experience

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5.0 (8 Reviews)

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499, N. Canon Drive, Suit 215, Beverly Hills

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250 - 999

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$25/hr

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$10,000+

Since 1997, IndiaNIC has been a successful offshore software development company, offering a comprehensive range of website and mobile app development, 3d graphics, IoT, AR-VR, and other IT services and solutions to clients. IndiaNIC is a leading web design and software development firm with many software developers available for dedicated and fixed time/cost projects. Web developers from IndiaNIC have demonstrated expertise in the latest web technologies such as PHP, Laravel, Magento, ReactJS, front-end technologies such as AngularJS, and back-end technologies such as Node.js to create custom and responsive websites, web apps, and eCommerce solutions. To create next-generation mobile applications, Android app, iOS app, and cross-platform mobile app developers use cutting-edge mobile technologies and tools such as Android Studio, Xcode, Kotlin, Xamarin, PhoneGap, React Native, and others.

SumatoSoft

Software Development: We Know How to Do IT Right

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5.0 (7 Reviews)

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One Boston Place, Suite 2602, Boston

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50 - 249

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$25/hr

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$25,000+

SumatoSoft is a mid-size eCommerce web development company with an office in Boston, USA. Throughout 9 years we have built custom solutions for companies from 29 countries. The SumatoSoft team was acknowledged as top web developers by the leading analytics agencies, such as Clutch, GoodFirms, TechReviewer. They have served over 150+ clients across the globe and have worked with business giants, such as Toyota, Tartle, Glamz, Beiersdorf. SumatoSoft provides development services to small and medium-sized enterprises and startups, building specialized solutions to multiple business domains, such as fintech, healthcare, education, Ad Tech, transport & logistics, media, and others. The SumatoSoft team consists of experienced developers, web designers, testers, and project managers with extensive experience in iOS, Android, Web, and cross-platform development.

Softermii

Custom Software & App Development Company

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0.0 (0 Reviews)

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10828 Fruitland Dr Studio City, CA 91604, Los Angeles

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100 - 200

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$25-49$/hr

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$25,000 - $999,999

Softermii is a full-cycle product development company with in-depth expertise in innovative software. We don't pursue quantity over quality, focusing on what we do best – turning good ideas into great products. Our team implements technology while being focused on your business goals and working in close cooperation with the customer.  Softermii’s main goal is to help companies boost the development process with flexible cooperation models while keeping the budgeting lower than onshore and ensuring total availability in your time zone. We guarantee on-time delivery and cover any deviation from the initial budget.  Softermii works with: Early-stage companies: MVP development; Product design and architecture prototyping; Pre-seed discovery and market analysis.   Team extension: Hire a remote team of any size for your R&D; Get additional resources for your current team.  Any size of software: Build a product from scratch; Add new features to an existing one; Get a professional audit for improved performance or user experience.  Softermii’s primary areas of expertise are (but are not limited to): Healthcare Real Estate FinTech Video and Audio Conferencing E-commerce Cybersecurity Core services include: MVP Strategy Consulting Web and App Development WebRTC Development Project and Product Management UI/UX Design Quality Assurance Services DevOps Nft Development Write us: info@softermii.com

Alsyke Technologies

Empowering Innovative Ideas

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5.0 (3 Reviews)

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10 Dorrance St, Providence, RI, Providence

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10 - 49

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$50/hr

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$10,000+

Alsyke is a leading web development company focusing upon the production of innovative digital solutions for startups as well as for the large enterprises. We build web solutions utilizing the latest technological tools to contribute towards an advanced hi-tech sphere. We, with the collaboration of our devoted squad, support organizations to level up their existence and become an important part of evolutionary epoch with modern software solutions and applications having appealing interfaces and strong front-end and back-end programming. Our software development services are not just superlative but also reliable, affordable, consistent, and amazingly efficient in performance, ultimately leading our clients towards competitive advantage and progression.

Binaryfolks

Transforming Great Ideas Into Great Software

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5.0 (5 Reviews)

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1207(12th floor), DLF The Galleria, New town Action Area 1B, Kolkata

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10 - 49

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$50/hr

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$5,000+

Founded in 2012 by ex-Google & ex-Amazon engineers, Binaryfolks is a Custom Software Development Company with a specialization in Custom web development, Cutting Edge Enterprise Application Development, SaaS-based Web Application Development, and Mobile Application Development. They deliver web solutions that meet demand and exceed expectations. With expertise in each step of the design, development & marketing process, their team has the talent and focus to create customized solutions that fit clients’ requirements. They now have a full spectrum of customers starting from startup companies all the way to large multinational companies including Fortune 50 enterprises from more than 15+ countries. Services: Enterprise Software Development, Chrome extension Development, IoT, Web Scraping, Custom ERP CRM Development, Mobile Development

Magora Systems

WE THINK BUSINESS, THEN DEVELOPMENT

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5.0 (5 Reviews)

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The Tea Building, 56 Shoreditch High St., London

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50 - 249

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$50/hr

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$10,000+

Magora is a young and perspective team from London. They focus on web and mobile applications in both the B2B and B2C sectors. They can design a scalable software environment, which is proved by projects for Unilever, Toyota, Cisco, Danone, and other market leaders. The company is also attractive for small startups as the minimal project budget starts from $10.000.

Parangat Technologies

We Take The Onus Of Transforming Your Business From Ideas To Achievements

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0.0 (0 Reviews)

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388 Market Street San Francisco, California 94111, San Francisco

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50 - 200

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$45/hr

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$25 - $49

Parangat Technologies is a mobile app development company with a global presence. The company specialises in blockchain technology including developing blockchain applications for startups and enterprises.

Cygnet Infotech

Your trusted Global Technology Company

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5.0 (5 Reviews)

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25 Village Boulevard, Suite 315, Princeton

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1,000 - 9,999

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$25/hr

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$10,000+

Established in 2000, Cygnet Infotech is a leading software development company with a global presence in the USA, UK, India, Australia, and UAE. They have built the groundwork for a number of game-changing technological advances. Cygnet has been transforming ideas into scalable and long-term solutions that solve real-world challenges as a technology partner of choice. For its clients, people, and the environment, Cygnet aims to innovate and lead with integrity. Cygnet Infotech’s out-of-box software development services are driven with strong expertise in different technology frameworks, innovative product design, agile methodologies, and quality assurance benchmarks. Through its state-of-the-art Datacenter, Cygnet is one of the few technological businesses capable of handling complex solutions processing high-volume data transactions. Many multinational firms have chosen Cygnet as their technology partner because of its ability to quickly produce solutions with scalable architecture and 100 percent agility, backed by research and development.

ChainTechSource

Blockchain Development Company

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0.0 (0 Reviews)

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No. 2 Venture Drive, #09-24 Vision Exchange, Singapore 608526, Rochor

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10 - 50

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$70/hr

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$1,000 - $10,000

As a leading blockchain and cryptocurrency business development firm, our mission is to address the needs of our clientele by developing a wide variety of blockchain solutions. In order to make our customers’ visions of blockchain and cryptocurrency a reality, we provide them with high-quality service and extensive hands-on knowledge in the field.Thanks to our comprehensive blockchain solutions, we’ve quickly risen to the top of our field. Our primary goal is to provide a game-changing innovation in the areas of DeFi, NFT, fundraising, exchange platforms, Metaverse development, VR/AR development, and marketing services.

NEKLO

Solutions That Maximize Your Benefits

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5.0 (12 Reviews)

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1350 Old Bayshore Hwy, Suite 520, Burlingame

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50 - 249

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$25/hr

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$10,000+

NEKLO is a USA-headquartered product engineering company and global provider of web, mobile, and eCommerce development services. They build end-to-end custom software solutions, launch high-load eCommerce projects, and help businesses to establish a better online presence. They have delivered over 50 projects, 30 out of which are based on Magento. A big number of projects are long-term. Their company continues to support and maintain them today. NEKLO is considered as one of the leading eCommerce development companies in the USA & Belarus and the team consists of 15 certified Magento developers and over 40 t-shaped developers overall who will be glad to join your on-going initiative or launch a new software development project from the ground up.

BoTree Technologies

Your Trusted Technology Partners

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5.0 (10 Reviews)

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FF – 1,2, JBR Arcade, Science City Road, Sola, Ahmedabad

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50 - 249

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$25/hr

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$25,000+

BoTree Technologies is a well-known e-commerce website development firm in the USA started by 3 tech-savvy friends who wanted to mould ideas into reality. It works extensively with individuals, startups and small companies to give them a very strong economic and strategic advantage. BoTree Technologies was founded in 2012 with global footprints in the USA, India and Singapore, is catering to organizations from the US, UK, Europe and Australia. BoTree’s development team has extensive experience in delivering efficient and revenue-generating software solutions to customers specializing in various technology platforms for deep rapid prototyping capabilities along with best of class enterprise software development practices, bringing best of both worlds to its customers.Till now they have served over 50+ clients across the globe and have also worked as the leading technology partner of a few Fortune 500 companies. They have steadily grown with their clients and developed software in industries ranging from Healthcare & Fintech to Travel & Entertainment.

Chetu

World-class Softtware Solutions

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5.0 (8 Reviews)

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10167 W Sunrise Blvd Suite 200, Plantation

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1,000 - 1,999

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$25/hr

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$10,000+

Incepted in 2000, Chetu is a celebrated name in the software industry that is known for delivering world-class e-commerce solutions all over the world. With the perfect blend of technological expertise, domain knowledge, and a passion for excellence, this US-based custom eCommerce software development company has successfully delivered enterprise-grade e-commerce solutions to start-ups, SMBs, and Fortune 5000 companies. They are proud to employ over 2,000 in-house developers with various software development experiences in a wide array of industries. Their on-demand developers leave no stone unturned in delivering the fastest software solutions and creating a one-stop-shop experience for the clients that eradicates all the hassles of managing multiple vendors, logistics, and technological obstructions. They take pride in having successfully built 20,000 apps under their belt, 7,000+ happy customers, and 47% of repeated and referral businesses.

CMARIX

Envision, Leverage, Infinite

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5.0 (8 Reviews)

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518-528, Yash Arian,, Swami Vivekanand Circle, Memnagar, Ahmedabad

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50 - 249

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$25/hr

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$5,000+

CMARIX is a leading technology outsourcing company in the US with expertise in Enterprise Software, Mobile Application & eCommerce website Development . With a team of 170+ in house experts CMARIX is working with clients across 46 countries globally and has tailored 1100+ Web & 290+ Mobile applications across different business domains. We are pioneers of Outsourcing Simplification and have a very creative work culture. We are very passionate for the services we provide and take great pride in ensuring complete customer satisfaction.

CognitiveClouds

We Create Transformative Software Products.

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5.0 (8 Reviews)

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5433 Ontario Common, Fremont

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50 - 249

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$25/hr

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$25,000+

CognitiveClouds is a best-in-class eCommerce website development company in the USA that helps top startups and companies build remarkable eCommerce products. The products they build help early-stage startups raise millions & established companies crush their sales targets. THey’re among a handful of companies that can turn simple sketches into fully-featured products that work on any device. Focus is what creates value, so they utilize their proven process to take your first version product across the finish line. They work with diverse industries that range from agriculture to travel, so you can be assured that their team has the expertise required to help you build the right product for your target users. They design, architect, and develop elegant software products. The products offer compelling user experiences and beautiful visual designs. They use modern technologies like iOS, Android, Ruby on Rails, Golang (Go), Scala, Node.js and AngularJS to build robust mobile & responsive web products.

Emergent Software

Custom Software & Complex Website Solutions

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5.0 (8 Reviews)

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7650 Edinborough Way, Suite 200, Minneapolis

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10 - 49

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$150/hr

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$25,000+

Regularly listed in the top custom software development companies in the USA and considered as one of the best places to work, Emergent Software provides a full set of services from custom software development to ongoing maintenance & support to clients from all industries across the globe. Emergent Software has been consistently recognized as a top-notch web development company that blends the expertise of graphic design and website development perfectly to deliver a sleek and innovative website. Their web developers have profound expertise in a full suite of website development, design & hosting services. Founded by Jamie Anderson & Mark Bajema as a spinoff from Emergent Networks (now Presidio), the company has been crafting custom websites, creating complex software, and optimizing SQL databases for over 7 years.

Manektech

Microsoft Gold Certified Partner Company

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5.0 (8 Reviews)

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4th Floor, Timber Point, Beside Kotak Mahindra Bank, Near Prahaladnagar Garden, Prahaladnagar Road, Ahmedabad

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250 - 999

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$25/hr

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$1,000+

ManekTech is one of the most rapidly growing web development companies in the USA and India that aim to deliver unique, scalable, business-ready web solutions for businesses from all walks of life. It has been recognized by Microsoft for offering best-in-class solutions to customers, recently announcing its achievement of Microsoft Certified Partner Gold status as an Application Development. ManekTech is a company of humble beginnings, that started its operations with a handful of web and app developers who set out to bring reliable, cost-effective solutions, to a growing technology world. Their vision to offer digital solutions driven by innovation has led them to become a top web designing and development company in India & USA for delivering various industry-led software solutions.

Net Solutions

Award Winning Web + Mobile App Development Agency

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5.0 (8 Reviews)

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Site No. 15, Rajiv Gandhi Chandigarh Technology Park, Chandigarh

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50 - 249

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$50/hr

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$10,000+

Established in 2000, Net Solutions is a team of more than 275 talented and skilled people. Their offices are situated in Toronto, London, New York, and Los Angeles. They truly believe in growing with the right customers. Their mission is to help clients reach maximum digital experience in their respective domains with the advanced tools and technology developed by us to automate and streamline their business and marketing processes. Being a value-based website development firm in the USA, Net solutions develops result-driven digital products & platforms for start-ups and enterprises around the world. This digital commerce company helps your business grow by delivering transformative digital experiences. They have served many small or large enterprises with Agile software development solutions as per their budgets.

Orases

Custom software to reach your vision

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5.0 (8 Reviews)

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5728 Industry Lane, Frederick

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10 - 49

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$100/hr

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$50,000+

Orases is a USA-based web development company that delivers dynamic and custom websites for businesses of all types. They are a team of passionate software geeks who aims to provide the best websites and apps by using the latest technologies and proven methodologies to help businesses from various industries reach their highest goals. Orases has helped hundreds of businesses develop game-changing software for more than 20 years. As a recognized name in web and mobile app development, Orases is your ideal go-to-market technology partner that excels in creating websites and apps to boost your revenue and your customer retention rate. Their software development services provide the flexibility and functionality to meet unique industry needs and adapt to an ever-changing landscape. They aim to build software for the needs of the present, and more importantly, for the needs of the future. They have served more than 950 clients with a 96% client retention rate for businesses of all sizes and across all industry verticals.

ROCKETECH

Agile Consulting & Complex Software Development

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5.0 (8 Reviews)

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4 battery road, #25-01 Bank of China building, Singapore

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10 - 49

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$50/hr

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$5,000+

ROCKETECH is a software development company that specializes in analytics-driven mobile and website development. Their team has released 100+ products for 70+ startups and enterprises as IT consults. Their solutions are recognized as The Apps Of The Day on App Store, receive recognition from Grammy awards, and are highly acclaimed in their niches. They work with complex industries and narrow niches, delving into deep details.

SteelKiwi

Software development services with a high standard

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5.0 (8 Reviews)

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1025 Alameda de Las Pulgas #535, Belmont

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50 - 249

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$50/hr

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$50,000+

Steelkiwi is a renowned Ukraine-based website development company that also has a sales office in the USA. In its 10 years on the market, the company has collaborated with over a hundred clients across different niches from education to healthcare to social media networking to on-demand and recruitment. With their prime focus on web designing & development, they build unique and cost-effective solutions. Python/Django is what helps Steelkiwi cover all those industries, building different types of software solutions fast and efficiently. Other web technologies they use include Node.js, React.js, Angular.js, and Vue.js. As for mobile development, they use Swift, Kotlin, Java, and Flutter. Customers that trust Steelkiwi include Hoopit, Atruchecks, Can Tho, Meddy.co, Snaapy, Viridian Advisory, and many more.

TRIARE

Your MOBILE and WEB Development Partner

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5.0 (8 Reviews)

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Baidy Vyshnyvetskogo 56, Cherkasy

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50 - 249

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$25/hr

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$10,000+

TRIARE is a trusted Node.js service provider Founded in the 2015 in the Ukraine. The company also has hands on other new-age technologies in the field of web and mobile app designing and development. The advanced NodeJS development company has profound expertise in developing secure and scalable web applications using the NodeJS framework. With their customor-centric approach, the company has excelled web application development right from the the coceptulization to legacy backend migration and streamlining of the existing front-end features also. Behind the suceess of the company, there lies an excellent team work of their professionals. That is why Responsibility, Reliability, and Relationships are essence of Triare’s identity.

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What is blockchain development? How does it work?

A blockchain is a distributed ledger that records transactions on thousands of computers worldwide. Blockchain is a method of storing data so that it is difficult or impossible to alter, hack, or cheat data. As a result of blockchain technology, information can be exchanged more quickly and securely, cost-efficient and transparent. The blockchain system also does away with the need for third-party agents, whose primary function was to provide a trust and certification element to transactions.
Blockchain adds value to businesses by offering:

  • Transparency: Blockchain has the potential to boost data transparency and trust, resulting in increased creativity, productivity, and quality.
  • Traceability: Blockchain solutions implement the track and trace functionality that permits entire supply chains to update their data to a shared ledger, allowing unlimited data visibility from a single data source. For instance, when you record the flow of products from one location to another on the blockchain, you have a complete audit trail that shows where an item came from and follows each stop it makes. Moreover, users can use previous blockchain records to verify product authenticity and protect them from fraud.
  • Increased speed: You may complete transactions quickly and safely by automating and streamlining business processes. You don't need to manage several ledgers because a single digital ledger shared with network participants can be utilized for record-keeping. Everyone in the network has constant access to the same information, resulting in a speedy resolution.
  • Cost reduction: One of the most evident advantages blockchain provides to companies is a rapid reduction in overhead costs. Blockchain eliminates intermediaries or third parties to establish confidence since the network participants validate everything on the network themselves.  Removal of intermediaries helps reduce counterfeits, product duplication and frauds.Deploying a blockchain system in your business can assist reduce overhead costs by drastically lowering transaction prices. Furthermore, because blockchain provides real-time monitoring of a commodity along the supply chain without the need of mediators, the cost of transferring items may be lowered.

The functioning model of the blockchain is dependent on three components: data, hash, and previous block hash.

Step 1:Data

Depending on the blockchain, a block will store a different kind of data. For example: If the data is about Bitcoin, the blockchain maintains information about a transaction, such as the sender, receiver, and transaction amount.

Step 2: Hash

The block also contains a hash, which is analogous to a fingerprint. The hash of a block is computed when it is formed. The hash will change if something within the block changes. As a result, hashing assists in detecting changes in a blockchain.  

Step 3: Previous data hash records

The final item in a blockchain is a hash of a preceding block. The previous block's hash helps to form a chain, and as a result of these features, the blockchain is incredibly safe to trust and use. Each block in a blockchain is linked to the data of the preceding hash, but if any of the blocks' data is tampered with, the hash changes instantly, and the next block detects it and makes the necessary modifications.

Blockchain is essentially a method of storing data. Just as there are numerous methods for storing data like writing something on a computer's excel file is a method of storing information or getting your data organised in the form of a table in an excel file. Similarly, information in a Blockchain is organised in the form of blocks. As seen above, each block is made up of three major components-data, hash and previous hash and this is how all of the blocks are connected to one another.The most interesting aspect of this is that if you tamper with the data, the fingerprint, or hash, of the block will change and if the hash of one block changes, so will the hash of the next block and the next, and eventually the entire blockchain, will do the same.

Blockchains are also secure due to their decentralisation. Blockchains are not stored in a single computer; they are distributed over a network of computers. All computers around the world that belong to the participants of the blockchain will have a copy of the blockchain.

Computers these days can store hundreds of thousands of hashes each second. The hashes of tampered blocks and the hashes of other blocks are changed by default to make the blockchain valid again. This is performed with the help of the previously mentioned evidence of work.

Why is blockchain development in demand?

Blockchain technology has tremendous innovation potential. Blockchain technology has much enhanced the safety aspect of transactions. Blockchain technology provides new ways of arranging economic operations, minimises the costs and time associated with intermediaries, and improves the confidence in a network of actors.Organizations across the spectrum are adopting this technology for safer & smoother operations. This, in turn, increases customers’ trust in organizations. As a result, demand for developers who can implement this change is also rising fast. And as more & more organizations continue to adopt blockchain, demand for these developers will grow in leaps & bounds – and so will their salaries.

Why do you need to hire a blockchain development company?

Businesses in various industries have taken note of the importance of blockchain, with the banking industry being the most active at the moment' Thousands of new job jobs and startups have been created as a result of blockchain, ranging from mobile payment solutions to health care applications.

For many people, blockchain is a difficult concept to grasp, yet it has the potential to transform the decentralization, immutability, and transparency of your company. This is how a blockchain development company recognizes the technology's potential for growth and offers you the best blockchain development solutions for your organization. A blockchain development company may help organizations flourish in the market by providing best-in-class services such as building Smart Contracts, Cryptocurrencies, and Auditing.

Blockchain technology can make the financial industry more transparent since users perform activities on a public ledger. The transparency can expose inefficiencies like fraud, leading to problem-solving that could reduce the risk for financial institutions adding security. Also, they offer many other important ways to prove blockchain technology is transforming financial services

Today, blockchain applications are being developed and widely used for different industries:

  • Cybersecurity
  • Healthcare
  • Manufacturing
  • Legal and Government
  • Charity
  • Retail
  • Real Estate
  • Tourism
  • Media

What does a blockchain development agency do for your business?

The development of blockchain technology benefits businesses in a variety of ways across various industries. By bringing more transparency and clarity to transactions and data flows, companies can optimise their internal processes and reduce risks.

Blockchain proves to be of immense help to the business owners as only permissioned users can access the same information at the same time using distributed ledger technology, improving efficiency, building trust, and removing friction. Blockchain also enables a solution's size and scale to be swiftly increased, and many solutions can be customised to do many jobs across industries. These advantages are delivered by blockchain for business due to characteristics of the technology.

A blockchain development agency assists businesses in adopting Blockchain development technology in a smooth manner, bringing the perfect mix of talents to your specific demands, strategic vision, difficulties, and infrastructure. A professional agency   has a solid experience of mature production implementations for worldwide enterprises due to our knowledge across all main Blockchain platforms, including Ethereum, Corda, Hyperledger, and Quorum, as well as having served numerous industries.

A blockchain development agency also uses a multidisciplinary approach to provide customised Blockchain development services, beginning with strategy assessment, rapid prototyping, solution design, complex implementation, third-party integration, add-ons, and ecosystem management to help businesses stay focused and maximise their transformation.

What different services does a professional blockchain app development company offer?

A professional blockchain developer team's vast knowledge in cryptocurrencies, data analytics, and serverless computing can help you utilize the benefits of blockchain, whether you need a prototype or a production-ready platform. We'll assess which blockchains are appropriate for your project, such as Ethereum, Hyperledger, EOS, NEO, Tezos, and Qtum, and recommend the best match, such as when to use private permissioned blockchains like Quorum.  

A blockchain development company also offers:

  • Blockchain deployment and development with web3, solidity, cakeshop and truffle.
  • Smart contracts and custom dapp frameworks like OpenZeppelin.
  • Application and data science engineering using Python.
  • Enterprise native mobile apps with Swift and Objective-C.
  • Web platforms using Phoneix / Elixir and serverless architecture

What different tools are being used for blockchain development?

Blockchain is normally associated with cryptocurrencies, but it is rapidly expanding and has the potential to impact a wide range of businesses. Developers are working on new healthcare, insurance, shipping, finance, and governance solutions. Decentralised programmes that run snippets of code called smart contracts are frequently used to generate these solutions.As we work on more complicated decentralised apps and smart contracts, we'll need tools that can handle a variety of functions at various phases of blockchain development.

Here’s the list of the top 13 blockchain development tools in 2022 that cut down on overhead costs, reduce build time and debug our code.

  • Solidity - A Programming Language for Ethereum
  • Solc - An Ethereum Script Compiler
  • Truffle - Ethereum Development Framework
  • Ganache - Personal Blockchain for Testing
  • Drizzle - Front End Libraries for Blockchain Developers
  • Geth - An Ethereum Client
  • Metamask - An Ethereum Wallet
  • dApp Board - Blockchain Explorer
  • Blockchain-as-a-Service (BaaS)
  • Ethlint (formerly Solium) - Solidity Code Linter
  • Remix IDE - Browser-Based Development Environment
  • Infura API - Ethereum Network Access API
  • BlockChain Testnets

What is the cost of hiring a blockchain development agency?

Despite bitcoin - the first blockchain offspring - launching in 2009 and the potential of this technology still being unknown for another few years, the industry simply does not have enough time to cultivate a generation of blockchain experts.

Because blockchain is such a revolutionary innovation, there aren't enough competent Blockchain developers to go around. As a result,a substantial demand prevails and supply mismatch for blockchain expertise. In the job market, blockchain coders have become extremely valuable, with salaries ranging from $150,000 to $250,000.

Blockchain specialists, much like the programming itself, are the most expensive in North America ($150-$200 per hour). Searching in Western Europe, you can find more affordable developers ($100-$150).

The least expensive developers are, as usual, located even farther East — India, where you can find a blockchain developer for as much as $40 per hour.

Real estate, manufacturing, media, tourism, charity, healthcare, legal, and cybersecurity are just a few of the businesses that have embraced blockchain. The exact cost of a project's development cannot be determined, but the features and functionality can be determined to calculate the final cost. You can choose between $5000 and $200,000.

Its wide adaptability and flexible structure make it inexpensive for businesses of all sizes and types.

To get the most out of blockchain apps, hire skilled blockchain developers. The following factors have a significant impact on the cost of hiring blockchain developers:

  • The cost of developing a cryptocurrency wallet
  • The cost of launching a cryptocurrency
  • Various blockchain creators
  • Recruiting a blockchain development team
  • Deploying a commercial blockchain system
  • Onboarding sales and marketing
  • Monitoring legal considerations

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