Top 10 Blockchain Development Companies for 2023

Searching for blockchain developers might be tough, especially if you are looking to outsource the entire tech part of your project. However, nothing is impossible, and we are here to prove it.

Today, we’ll share the list of the best blockchain development companies to hire for your business. Please note that this is not the advice of any kind, and you should still do your own research before selecting any of these (or other) firms.

Here’s the list of the companies we’ll review:

• IdeaSoft
• Blaize
• Boosty Labs
• EvaCodes
• 4irelabs
• Unicsoft
• Labrys
• Apriorit
• Cubix
• MetaLamp

So why should you pay attention to our compilation of the best blockchain development companies instead of others?

As a blockchain development company itself, Blaize has all the required knowledge and expertise to assess the situation in the market and choose the most efficient solutions. Our specialists have over 5 years of experience working on leading blockchain projects such as 1inch, PEAKDEFI, Aurora, and much more. Besides, we have designed and deployed a few of our own products, including DeHive, and have taken care of their full protocol security.

We are sure that this qualifies us to work on the list and will help you choose the most suitable contractor. So off we go!

Top 10 Blockchain Software Development Companies

Without further ado, let us present to you the top blockchain development companies in the business.

IdeaSoft

IdeaSoft is a custom software development company that deals with various requests, including the ones for blockchain-related projects.

Established in 2016, IdeaSoft has quickly gathered a team of 200+ developers distributed over 12 countries worldwide. These specialists helped the agency successfully complete 250+ projects.

In 2021, the company became a part of Sigma Software Group, a Swedish software development and IT consulting company with over 1,150 specialists in Ukraine and deep expertise in Big Data, Artificial Intelligence, IT Security, AR/VR, Embedded and IoT, and other directions.

IdeaSoft is registered in Portugal with offices in Norway, the Czech Republic, Israel, and Estonia. Yet, the company has Ukrainian roots, and most of the team members are from Ukraine.

Website: https://ideasoft.io/

Blaize

Founded in 2016, Blaize is one of the leading blockchain development agencies in the market that got recognized as a top blockchain developer.

The company covers all areas of blockchain development, including projects in DeFi (decentralized exchanges and dApps), NFT-related products (marketplaces, games, collections, etc.), blockchain ecosystems, protocols, and smart contracts.

On top of that, Blaize provides other services:

• Smart contract audits
• Custom blockchain development
• Tailor-made enterprise solutions
• Consulting and much more

At the moment, Blaize has 65+ highly expertized developers who can be hired as solo specialists or as a team. The agency has completed over 70 successful projects in different areas of blockchain development, including solutions for Aurora, 1inch, PeakDeFi, Celo, and Solana.

Blaize is a Ukrainian company with most employees based in Ukraine.

Website: https://blaize.tech/

Boosty Labs

Boosty Labs is a US-based blockchain development agency founded in 2017.

Over the years, Boosty Labs has built successful teams of designers and engineers who would work remotely for well-known projects like Consensys, Storj Labs, NEAR, NEM, Elixxir, Ledger, Celsius, and Mysterium Network. The company claims to use their experience in FinTech and blockchain industries to drive projects to a successful launch and recognition.

The company has several locations around the globe, including offices in New York, London, and Marburg, Germany. Still, it has Ukrainian roots and many Ukrainian employees.

Website: https://boostylabs.com

EvaCodes

EvaCodes is one of the top-rated blockchain development companies on Clutch. It is a full-stack custom software development firm that creates web and mobile solutions, has a dedicated team and a whole R&D office.

Even though EvaCodes was only established in 2019, the team has already completed 150+ projects in different fields like DeFi, NFT, and GameFi.

The company is based in Ukraine.

Website: https://evacodes.com/

4irelabs

Created in 2010, 4irelabs has surely become one of the well-known companies that develop blockchain solutions.

On top of working for clients worldwide, the team has deployed an array of their own branded white-label products serving crowdfunding, private chains, and other applications of blockchain technology.

The agency has completed over 200 projects so far and hired 150 developers to the team.

4irelabs is a Swedish-Ukrainian company with most of the team situated in Ukraine.

Website: https://4irelabs.com/

Unicsoft

Unicsoft is a technology consulting company that delivers blockchain and AI/ML solutions for startups and enterprises. The team has expertise in DeFi, NFT, GameFi, KYC/AML, smart contract development and audit, machine learning, Artificial Intelligence, data analytics, image recognition, computer vision, natural language processing, MLOps, cloud computing, and IoT.

Established in 2005, Unicsoft has gained one of the largest pools of clients, building its reputation year by year.

Unicsoft helps startups validate ideas, build an MVP, iterate towards reaching product-market fit, and scale fast. For enterprises, they provide technology consulting and development to drive business performance. Yet, the company does not have a narrow specialization — Unicsoft experts work in many industries, not only blockchain.

The company is registered in the USA, but the team is mostly based in Ukraine.

Website: https://unicsoft.com/

Labrys

Another worthy pick among blockchain technology companies is Labrys — a web3 and blockchain product development firm. On top of designing and deploying products, the team takes care of all supporting infrastructure like web/mobile apps, APIs, and integrations.

Based in Australia, the company has secured 200+ international clients, including startups, enterprises, blockchain organizations, and even governments.

Labrys is based and operated in Australia.

Website: https://labrys.io/

Apriorit

Apriorit is a software engineering company that helps tech enterprises and startups worldwide with building custom software solutions, upgrading legacy products, configuring and maintaining cloud environments, and more.

Established in 2002, the company has worked in many areas, including blockchain, AI and machine learning, cloud-based solutions, cybersecurity, IoT, etc.

Currently, Apriorit has over 350 employees who are distributed in 15 development and 6 QA teams. The firm has completed 650+ projects and gained clients from 15 countries all over the world.

The company’s headquarters is in the US, but the majority of developers are from Ukraine.

Website: https://www.apriorit.com/

Cubix

Founded in 2008, Cubix has gained a lot of experience working with worldwide clients on mobile apps, games, and enterprise software.

The company specializes in development, customization and integration of complex enterprise-level solutions, business intelligence analytics, advanced web and mobile solutions. Now, the sphere of expertise of the Cubix team also includes blockchain, e-learning, IoT, AI, machine learning, SaaS, AR, and VR.

Cubix has 250+ employees who have completed over 1,200 projects over the years.

The company is registered in the USA, with offices in the US, Pakistan, and Dubai.

Website: https://www.cubix.co/

MetaLamp

MetaLamp stands out among many other blockchain developer companies by providing services solely to blockchain projects.

Over the 8 years of experience, the team has completed more than 100 projects and grown to 80 people distributed throughout Eastern Europe. In recent years, MetaLamp has successfully worked with NFT platforms, DeFi applications, GameFi, smart contracts, and other blockchain-related projects.

However, the team might be a bit too specialized since they work solely with Cardano- and Ethereum-based startups.

MetaLamp is based in Georgia, with developers throughout Eastern Europe.

Website: https://www.metalamp.io/

How to Choose The Right Blockchain Technology Company

If you are choosing between several blockchain software development companies and having a tough time, take a step back, relax, and try to make things a bit more clear for yourself. This is especially crucial if you have never outsourced the development process to a third party.

So, first of all, what you’d wanna do is create a list of the fundamental details of your project. It should include the following:

• the main idea of your project
• the problem your project solves
• Its competitive advantages — why it is better than other existing solutions
• any suggestions for the preferable concept and blockchain frameworks

We recommend clarifying all this information before scheduling calls with potential contractors and even before doing research. This way, you will not waste your time and will get right to what you’re looking for.

If you have no idea about blockchain frameworks to be used, think through the functionality of your project and any future collaborations. This information should be enough for professional companies developing blockchain solutions to recommend you the required tech stack.

Next, you have two options: to create a blockchain solution from scratch or fork one of the existing chains. We have covered this topic in one of our previous articles, so make sure to look it through: How to Choose a Reliable Blockchain Company for Your Project?

Here’s a brief list of the factors to check before hiring a blockchain partner:

• Competency and expertise (through experience, case studies, documentation, etc.)
• Team creativity and flexibility
• Pricing types and engagement models
• Dev team communication skills and desire to collaborate
• C-level authority and reputation

There are also a few red flags to look for in cryptocurrency development companies, so make sure to check them out in the article we mentioned before.

Why Outsource Blockchain Development?

If you are still not sure whether you should outsource the development part or hire your own in-house team, we won’t try to persuade you. However, we’ll share some pros and cons of outsourced development so that you can make a well-grounded decision.

So here is a brief list of advantages of hiring an outsourced team:

• Reduced costs. Since labor expenses are one of the biggest items of expenditure when it comes to blockchain development, hiring an outsourced team can help. Most qualified blockchain development companies are situated outside of the US, which means that the rates will be lower while the quality will remain the same. Besides, maintaining an in-house team is always more expensive than hiring a vendor for some period of time.
• Faster results. The recruitment process can last weeks and even months. And now, imagine that you need to find and hire not just one developer but a whole new team that is supposed to work well together and complete each other. Of course, such a massive task would take you up to a year to accomplish. On the contrary, hiring an expertized outsourced team takes only a couple of weeks from the moment you start doing research and till you close the deal.
• Narrow specialization. Most blockchain outsourced teams have an extremely narrow specialization and work solely with blockchain technology, which means they have much more relevant experience than other developers.
• Established workflow. Blockchain development agencies have refined their work processes and established the most efficient workflow of collaboration with the client and within the team. This means that you won’t need to cover project management, and there will be no misunderstandings during the development stage.
• Full coverage. If you have no prior experience in launching blockchain products, you might easily overlook some essential employees or competencies. That is why having a full-stack team that covers all your needs is always a good idea — this will save you a lot of time and nerves down the line.

However, outsourced development is not a one-size-fits-all solution. There are plenty of projects that would benefit more from the in-house team due to specific disadvantages of the outsourced companies that develop blockchain solutions.

So here are the cons of blockchain development outsourcing:

• Less control. Since you have no direct influence on the day-to-day tasks, you might feel like you don’t have all the control over the development process. On the one hand, it might be frustrating, but on the other hand, if you don’t micromanage, outsourcing the tech part of the project would let you focus on more important things.
• Communication issues. Every team is built differently, so there might be some communication issues, especially if you are situated in completely different time zones. Yet, if the blockchain company you choose to work with has enough experience, the communication will be smooth, and no problems should arise.
• Security aspect. Hiring an external team might bring up some concerns connected with cybersecurity and protecting data. Luckily, your contractors can always sign a non-disclosure agreement that would save your intellectual property and sensitive data.

As you can see, you might still encounter some problems when working with blockchain technology companies. However, all of them can be avoided if you ask the right questions during the first interview with a potential team. Find out more about the way they work, communicate with product owners, get feedback, and make amendments. Make sure you are on the same page about the workflow and your collaboration, and only after that proceed to discuss the budget and other matters.

Why Should You Turn to Blaize for Blockchain Software Development?

Blaize is one of the leading blockchain development companies with plenty of expertise and an impressive track record. Our company has been working on secure blockchain solutions for over 5 years and has completed 70+ projects in different areas, including DeFi, NFT, GameFi, blockchain protocols, integrations, and smart contracts.

Over the years, we have gathered 65+ highly-qualified blockchain developers with narrow specializations and great communication skills. On top of that, our team has professional project managers and data analysts who will make our collaboration even more productive and help you optimize the product you build.

Another essential factor is our flexibility. Blaize has a few engagement models, which allow you to hire just one specialist or the entire team, depending on your needs. Besides, you can ask for consulting services, product maintenance after the launch, and multiple security services like smart contract audits.

When it comes to Blaize, you don’t just hire a bunch of developers for a job — you get a reliable partner that will cover all your needs and will be ready to go the extra mile to make your product stand out in the market.

So if you feel like this is something you are looking for, contact our team to get all the details and discuss our collaboration.

Final Thoughts

Outsourced blockchain development is an effective solution for those who are looking for low-maintenance, high-quality specialists for a reasonable price. If you don’t feel like spending months gathering a worthy in-house team, find a reputable agency that will cover all your development needs.

When it comes to reputable blockchain technology companies, Blaize is one of the most evident choices. We are an experienced team of blockchain developers who will make sure that your product is highly secure, works well, and follows best industry standards. Contact our team to find out more about our services and clarify the pricing for your scope of work.

Article source: Blaize blog https://blaize.tech/article-type/opinion/top-10-blockchain-development-companies-for-2023/