“Top Blockchain Development Companies: Hire the right partner for your Blockchain Project”
After cryptocurrencies gained a lot of traction, blockchain technology emerged as one of the most promising technologies to transform businesses. Today, a wide range of large and mediumsized enterprises are exploring the blockchain’s potential to make a place in the competitive market. The global market of blockchain technology is expected to grow over USD 39 billion by 2025, and the USA alone accounts for 56% of the global blockchain investments.
In 2020, blockchain technology reached new heights with its increased adoption across several industries. It is destined to achieve even greater heights in 2024. With the amount of attention blockchain technology has been attracting, we can look forward to more and more industries adopting the technology in 2024.
According to Forrester, most projects that will transition to production in 2021 will run on enterprise blockchain platforms. Also, according to IDC, about 30% of manufacturers and retailers across the globe will build digital trust through blockchain services by 2021.
As a result, blockchain development companies will come into sight to cater to the cutting-edge market’s needs. With the increasing number of options, finding the right blockchain development company will be challenging as the technology is still new for many enterprises.
What makes any company look different from others can involve a combination of short and long-term strategies. Not every company can work according to your requirements; therefore, it is essential to consider the right company.
While looking out for a blockchain development firm in 2024, be sure to ask the following questions:
- What are the blockchain platforms a company works on?
- What is their blockchain development process?
- How many blockchain developers a company has?
With in-depth analysis and deep research, we have curated a list of top blockchain development companies to look for in 2024, based on the criteria mentioned above.
The leading blockchain companies discussed in the article are not only experts in building blockchain applications, but they also offer blockchain consulting services to enterprises and startups.
How did we compile the list of top blockchain development companies?
Selecting the top blockchain companies was indeed a tedious task, but we have come up with great results by considering the following factors:
- Years of experience in the market.
- Client testimonials
- Quality of delivered products.
- Size of the team.
- Variety of industries the company has worked with.
- Flexibility.
- Cost of the services.
- Reviews by customers and references by media and other companies.
- The number of blockchain products delivered.
- Expertise in understanding business and market development.
- Technology Stack.
Now, let’s move ahead to the top blockchain companies which we have listed.
