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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

Signity Solutions

Full-service IT Outsourcing

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Netsmartz House, Chandigarh

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50 - 249

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$25/hr

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$10,000+

Founded in 2009, Signity Solutions is a website development company that is headquartered in India with global footprints in the United States, the UK, Australia, New Zealand, and the Netherlands. They are uniquely talented to empower and assist global businesses and startups with Digital Business Transformation, Product Development, Automation, and Experience Design. With a zest to top set industry standards and employing dextrous technology strategists, they deliver singular software solutions to enterprises across different parts of the world. Featured by prestigious research agencies as a top web development company, their prominent digital solutions include Robotic Process Automation, Custom Mobile & Web Development, and Zoho Consultations. They’d go the extra mile to turn the concept into a scalable Digital Product.

Silent Infotech Inc.

Crafting Business Solutions

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433 Waterford drive Edison, Edison

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50 - 100

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$50/hr

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$10,000 - $1,000,000

Silent Infotech is a leading Software development company that provides comprehensive Odoo ERP services and Other web and mobile app development services. Specialize in delivering top-notch Odoo solutions to meet the unique requirements of customers. In addition to Odoo, the company also offers mobile app development, Shopify ecommerce development, and Salesforce development services. With a team of highly skilled and experienced consultants, Silent Infotech is dedicated to delivering innovative and effective solutions that meet the client's requirements. If you're looking for a reliable and experienced technology partner, get in touch to discuss your project requirements.

Silicon IT Hub Pvt Ltd

We strive for excellence and that's seen in each result we produce.

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B1-Ground Floor, Safal Profitaire, Corporate Rd, Prahlad Nagar, Ahmedabad, Gujarat, Ahmedabad

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50 - 250

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$$25 - $49/hr

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$5,000+

Silicon IT Hub is a future-ready Custom Software Development Company with a vision to drive the technology revolution. The company has more than 150 techno-geeks who have delivered numerous mobile and web apps to more than 500 clients globally. Irrespective of the business size, Silicon IT Hub is a one-stop solution for any customized software needs. They are committed to delivering a complete range of tailor-made IT services that include modern technologies such as IoT, Cloud computing, Big data, AI, Blockchain, and Machine Learning. 

Simpat Tech

We deliver outstanding software. Period.

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3800 N Lamar Blvd ste 200, Austin

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10 - 49

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$50/hr

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$5,000+

The hybrid nearshore model from Simpat Tech offers visionary IT leaders both the start-to-finish technical excellence and the strategic insight necessary to match development ambitions with important business objectives.

Single Source Systems, Inc.

Software Solutions Company in Fishers Indiana

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9003 Technology Lane, Fishers

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10 - 49

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$25/hr

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$1,000+

Fishers, Indiana-based Single Source Systems, Inc. was established in 1985. The Infor ERP solutions and technologies specifically created for service organisations, or service divisions of manufacturing and distribution businesses, are the only ones that our team solely offers, sells, and supports. Our company, which specialises in systems integration and technology consulting, offers solutions for ERP, CRM, business intelligence, and enterprise asset management.

SingleMind

Software Development Consulting

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1001 SE Water Ave. STE 440, Portland

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10 - 49

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$150/hr

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$75,000+

Award-winning software design and development company SingleMind works with businesses, cutting-edge startups, and non-profit organisations all around the world. More than 15 years of successful design and development of digital products have been achieved by our diversified, nimble team (mobile apps, websites, web apps, etc). Our objective is to help organisations adapt to and prosper in the rapidly changing digital business environment of today.

Sionic

Delivering RTP from consumers to merchants

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1230 Peachtree Street NE, Suite 3700, Atlanta

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10 - 49

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$25/hr

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$1,000+

The Great Reallocation in digital payments is being led by Sionic, an Atlanta-based company, which offers fast bank-to-bank transfers from customers to businesses. Sionic's market-leading ULink® solution, a Google Cloud offering, enables real-time direct deposits at the point of sale through mobile, internet, in-store, or in-vehicle experiences. In order to process bank payments and secure card payments, the business has teamed with The RTP Network's top financial institutions and CyberSource, a Visa solution. Real-time payment providers avoid costly card swipe fees and receive POS cash deposits right away. Customers who pay with their bank accounts might be given benefits.

Sirius Computer Solutions

Enterprise Blockchain Solutions

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10100 Reunion Place, Suite 500, San Antonio

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1,000 - 9,999

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$100/hr

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$10,000+

With a qualified team of sales and technical professionals, Sirius is a well-known national solution provider. They are dedicated to assisting clients in creating and implementing the best solutions to meet their company objectives. The qualified, experienced teams at Sirius collaborate with IT experts all around the United States to create technological solutions that cover the entire company, lower costs and complexity, boost service levels, and reduce security threats and downtime.

Sitech

Helping Disruptors Build A Better Digital Future!

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King Khalid Road, Riyadh

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50 - 249

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$50/hr

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$25,000+

We create cutting-edge, game-changing digital goods that people adore and use on a daily basis!We simply care about your drive to develop digital goods and services that improve and simplify people's lives, regardless of company size.Delivering the whole digital value chain in the financial services and fintech sectors is our area of expertise.Through our Managed Software Teams, we improve our clients' digital capabilities so they can produce better products and services, and through IT Staff Augmentation, we give them access to top-tier digital talent.

Siwtech SMC-Private Limited

We Believe In Creativity & Quality!

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Shop No 7 & 8 Ibrahim Shopping Centre, Jamia Millia Rd, Ibrahim Villas Phase I Gulshan e Malir Shah Faisal Colony,, Karachi

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3 - 25

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$22/hr

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$100 - $100,000

Siwtech SMC - Private Limited is a reputable IT company that has been operating since 2013. With nearly a decade of experience, the company has established itself as a leading provider of various IT services. Their diverse portfolio includes over 25 different services, catering to a wide range of clients from different industries. Siwtech Solutions aims to deliver innovative and effective solutions to meet the evolving needs of businesses in the digital age.

Skycap

Creating New Horizons

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E-195, 2nd Floor, Phase 8-b, Industrial Area, Sahibzada Ajit Singh Nagar

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10 - 49

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$25/hr

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$5,000+

Skycap provides high-quality turnkey software solutions that are personalised and up to par with international standards for iOS, Android, and the Web. The ideal outsourcing partner, Skycap, not only offers a fair value proposition in terms of cost and quality, but also fosters a connection that feels more like a partnership than a simple client-vendor one.Our involvement in both software development and the industry for which we provide solutions has led to the development of our expertise. We have subject matter experts who are familiar with the various business models, as well as the present requirements and desired future of the company in light of market trends.More than 25 web applications and more than 75 native apps that we successfully produced are now live on the relevant stores.

SkyPoint Studios

Web Designer in Billings, Montana

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1333 N 27th St, Ste #204, Billings

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2 - 9

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$50/hr

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$1,000+

Your business can get the attention it deserves with high ranking search positions. Our web development encompasses from-scratch development to the latest and greatest content management systems like WordPress, Joomla, Drupal & Magento.

SkyZone Group IT-Solution

SkyZone group is a leading and globally accepted IT solution provider and currently at the forefront

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F-1,2,3 Skyview building Near Aaie mata road, Parvat Patiya, surat, gujarat 395010, IN, Surat

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10 - 49

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$25/hr

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$1,000+

One of the top providers of IT solutions for software development in Surat is Skyzone Group. They are specialised in making e-commerce websites and delivering web hosting, SEO, and other services. It is situated in Surat, India, and provides leading Indian educational institutions and management with high-quality software solutions. Because they operate in so many different industries, they have developed some incredible products, like SMS apps, coaching masters, retail management systems, hospital management software, etc. As a result, they have the required proficiency in providing bespoke solutions that are best suited to the particular industry. They have served more than 1000 clients, and their outstanding ratings and gratitude from clients make them a reliable supplier for any company.

Smartfactory

We Love to Code

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Hans-Hugi-Strasse 3, Biel

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10 - 49

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$100/hr

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$10,000+

Incorporated in 2013, Smartfactory is a Swiss company with headquarters in Biel/Bienne and a Croatian subsidiary in Pula. We provide advice, design software with skill and passion, and our fees are lower than you might anticipate. The core group of Smartfactory consists of 17 experts in the fields of software engineering, conceptual development, and project management (13 in Biel and 4 in Pula).

Smartwork

Smartwork in Albania

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Rr.Elbasanit, Nd.36, H.3, Ap.5, Nj.B.2, Tirana

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50 - 249

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$50/hr

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$1,000+

We work hard to support local, national, and international businesses in their journeys of digital innovation and transformation by providing the most value from cutting-edge tools that lead to efficient and accelerated growth of their operations. We have a deep conviction about the worth of our defining Resources. Our mission is to achieve client happiness through services delivered by individuals who are qualified in terms of both their professional status and interpersonal skills. We work to achieve this goal by carefully choosing our resources and continuously assessing employee satisfaction. Smartwork offers services for application and system maintenance together with first- and second-level help desk administration and software development, supporting businesses in the design and implementation of the best ERP and CRM solutions.

Smashed Crab Software

Bespoke Software Development

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19 Albion Street, Hull

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2 - 9

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$50/hr

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$10,000+

Think of us as your all-inclusive technical collaborators. We're here to support you as you pursue your ultimate goals while navigating the choppy waters of software development.By creating platforms that suit the specific requirements of your company, we take the headache out of system creation and maintenance.We make it easier for your staff to get the resources and information they require to work more efficiently, save time, and enhance your auditing and data protection procedures.

Softfix Technology OPC Pvt. Ltd.

Our clients more important to us.

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4/480, vibhav khand-4, Gomti Nagar, Lucknow

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1 - 49

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$15/hr

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$50 - $5,000

SoftGeneral

Work with the best minds!

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Kesklinna linnaosa, Kaupmehe tn 7-120, Tallinn

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10 - 49

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$50/hr

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$50,000 - $75,000

SoftGeneral is an outstaffing partner helping tech companies with experienced and well-knit Node.js, React.js, and Blockchain teams. Our company specializes in Staff Augmentation/Outstaffing and building Dedicated Teams. SoftGeneral pools 20+ engineers, focusing on experienced developers as 83% of our staff are senior-level. This means we can both create a self-running team led by a team lead and scale your team with our engineers according to the required level of their professionalism. To guarantee a high level of expertise, SoftGeneral doesn't staff Junior specialists and requires deep employee knowledge. We support transparent communication with our clients. We are proud of our quick staffing period, which usually lasts no more than 14-21 days. Moreover, 100% of the projects we've signed up for are successfully delivered. Just drop us a line to learn how quickly we can staff your position and help your business flourish. Our services: Staff Augmentation Outstaffing Dedicated Teams

Softlabs Group

Hire Dedicated Developers Team

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Lower Parel, Mumbai

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50 - 249

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$25/hr

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$5,000+

Softlabs Group is the trusted IT outsourcing company in India. They cater to quality services such as Mobile app development, web designing, and software development services in a friendly budget. It has been more than 17 years in the software development field and providing its services globally. They have a team of expert developer’s in software and web developments where they are skilled in the use of various technologies like .Net, MVC, Java, and many more. Softlabs Group has been rated top mobile app development company by the clutch, IT Firms, good firms, and so on. It is mostly known for providing custom, robust, and scalable software products for its client from all over the world. The main vision of the company is to understand the client’s requirements, and then complete the project with quality services employing the latest technologies. They have completed 300+ projects for their clients globally and still going on.

Softnotions Technologies

IT solutions for Business Transformations

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Bhavani Building, Technopark Phase -1 Campus, Thiruvananthapuram

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63+

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$25/hr

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$6,000+

Softnotions Technologies Pvt Ltd isnt your average IT company; were the gold standard in custom software solutions, IT consulting, and outsourcing services. With 15 years of excellence under our belt, we stand tall as India's premier software and app development firm, praised for our innovation and client-focused approach. Our reach extends across continents, serving clients in the Middle East, Europe, and key regions like the UK, US, Spain, Germany, Australia, Canada, Singapore, and India. At Softnotions Technologies, we go beyond meeting expectations; we surpass them with a dedicated team offering top-tier services in a wide range of areas. From cutting-edge software development to web and app creation, data analytics, AI, digital process automation, agile transformation, experience design, digital marketing, research, and innovation, we utilize the latest technologies and best practices to ensure project excellence. When you partner with Softnotions Technologies, you're not just getting a service provider; you're gaining a trusted ally dedicated to your success. Count on us for reliable, scalable, and forward-thinking digital solutions that drive your business forward.

Softo

DevTeam as a Service

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50 - 100

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$55/hr

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$8,000+

SoftProdigy System Solutions

Make your business a part of the digital revolution with us!

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0.0 (0 Reviews)

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600 International Dr, Budd Lake, Mount Olive

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250 - 500

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$25/hr

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$15,000 - $20,000

SoftProdigy is the next-gen IT solutions company and a digital innovation hub. A home to tech nerds, diehard programmers, and marketing pundits, the organization is driven by the idea of bringing transformation to businesses working in the digital world. Innovation, excellence, and creativity are the three cornerstones for all the strategies and plans made at SoftProdigy. Its work and services are an intermixture of strategy, expertise, experience, and authenticity. SoftProdigy has a team of about 250 experienced and skilled professionals, who work hard and stay abreast with the technological advancements happening around at large. Here, the work gets done in between laborious efforts, coffee breaks, chit-chats, client meetings, hours of coding, and a constant show-off of expertise (because, why not?)!

Softude Infotech Pvt. Ltd.

Software Development Company

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9494 Southwest Freeway Suite#105, Houston

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400 - 600

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$30/hr

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$1,000 - $2,000

Softude, previously known as Systematix Infotech, has completed an extensive rebranding effort in response to accelerated company growth and renewal of its corporate vision. With an experience of 17+ years, Softude is a global Information Technology company with expertise in architecting digital transformation solutions and providing software product engineering services.

Softura

Enabling Innovation in a Business 4.0 World

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23570 Haggerty Rd., Farmington Hills, Michigan 48335, Farmington Hills

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350 - 400

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$40-165/hr

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$1,000 - $50,000

Softura is a leading IT Services company with 25+ years of experience in the US and in India, delivering solutions across many industries and verticals. Powered by 300+ professionals we Discover, Define, Develop, and Deliver high-quality custom software solutions both On-Shore and Off-Shore. As a Microsoft Certified Gold Partner, we have the experience and expertise to deliver unparalleled solutions for your unique business needs. Why Softura? 250+ Engineers, 1000+ Clients, 25+ Years in Business, 2500+ Successful Projects. Softura provides turnkey services that enable companies to transform digitally, including IT consulting, custom application development, custom software aplication develoment, migrations, and integrations. We offer a unique blend of on-site, off-site/on-shore, off-shore application development services that save you significant time and money. From initial concept and strategic planning, to design, development and integration, we turn your business challenges into a custom-designed enterprise software solution that’s powerful, visually appealing and easy to use. Key Clients A leading manufacturer & supplier of earth-moving equipment, including construction, mining, forest, energy, and manufacturing industries Global supplier of systems and components in diverse transportation and industrial markets Tier 1 industrial manufacturer of glass, automotive and building products Leader in home, car, life, business, and farm insurance US based supplier of anti-vibration components and encapsulated glass systems A top-ranked private research university in the US and a member of the Association of American Universities (AAU) One of the fastest growing energy company in the Northwestern United States, distributing energy products A NYSE-listed medical diagnostics company with specialized laboratories across US Fifth largest health system in the US and the largest hospital provider in California One of the world’s largest and most advanced technology suppliers in the mobility space A top-ranked, public land-grant research university operational since 1906 A leading healthcare research organization

Software Associates

Pioneers of web application development since 2000

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Software Associates “Mascot”, Zilla Bunglow Road, Nadakkavu, Kozhikode

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50 - 249

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$25/hr

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$1,000+

Software Associates began as a business providing web development services, specifically creating social networking websites, intranets, and extranets as well as e-commerce portals.Our portfolio has grown, and we've expanded our list of services by including online marketing, Android app development, and web application testing. By forming dependable business relationships with web design companies, media and advertising agencies, and small and medium-sized IT organisations, we adhere to the associate model.We offer our associates access to some of the brightest minds in the IT industry, a decade of project management experience, cross-cultural understanding, and some of the best practises in the business.Instead of being just another technology vendor, our mission is to be the preferred business partner for all of our associates around the world.Our company's guiding principles of ethics, innovation, and performance have enabled us to expand from a team of four resources in 1999 to a skilled pool of over 100 people.

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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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