Blockchain Engineers Services

Ten years ago, using blockchain technology in software applications was a niche solution. By 2023, the situation has completely changed, and now blockchain is a tool that allows businesses to gain a competitive advantage in the market.

Thanks to blockchain, technological operations and work processes become faster and safer. And cryptocurrencies based on this technology continue to change the world of finance.

However, despite blockchain being one of the hottest trends in software development, the number of developers in this field remains relatively small.

Therefore, companies seeking to strengthen their digital solutions using blockchain technologies are faced with difficulties in finding experienced specialists.

Today, many large and small companies are using blockchain technology in their digital solutions. Major blockchain users include IBM, Oracle, Microsoft, Walmart, Daimler, PayPal, Alibaba, Amazon and many others.

The reasons are clear: the technology improves application security and data transparency, while simplifying and automating most software-related operations.

Another reason for choosing blockchain is the possibility of launching a startup in the field of cryptocurrencies. Currently, cryptocurrency businesses are growing exponentially.

Venture capitalists are pouring billions of dollars into crypto startups, and investors are actively looking for ways to create their own cryptocurrency exchange platforms or develop personalized crypto wallets.

A few important statistics:

• Today there are more than 20,400 cryptocurrencies in the world.
• In July 2022, the number of people owning Bitcoin reached 83.4 million users.
• 19 people on the world’s list of billionaires have amassed their wealth thanks to cryptocurrencies.
• The blockchain market size reached $4.9 billion in 2021 and is expected to reach $67.4 billion by 2026, with a CAGR of 68.4%.
• The NFT platform OneOf managed to raise $8.4 million. Investors include Snow Hill Partners, American Express and Sangha Capital.

Even with the growing demand for blockchain, there remains a significant shortage of professional developers in this area. This is mainly due to the complexity of the technology itself.

To get started with blockchain, a developer needs a good knowledge of at least one programming language, such as Java, Python, C++ or Solidity.

Therefore, businesses that require blockchain developers actually have two main options for hiring them:

Search for talent in communities and professional websites such as cryptojoblist.com, beincrypto.com, LinkedIn, Reddit, Blockchain Expo Global, etc.
Turn to an outsourcing company that offers a wide range of specialists with experience working on blockchain projects of various sizes. When choosing a contractor company, a business may face a large number of issues, such as team management, time differences, etc.

When companies hire software engineers for their projects, the first thing they need to do is understand which engagement model to choose. Interaction models define the terms of cooperation between the customer and the contractor.

If a business has a complex project that requires long-term cooperation, you can choose cooperation using a dedicated team model or an outstaffing model.

When working according to the “dedicated team” model, a full-fledged team of specialists is formed for the customer, working exclusively on his project. This team is fully immersed in the development process and has a deep understanding of the project requirements, business goals and expected results. The client usually has full control over the management of the team and is responsible for achieving project results.

The outstaffing model involves hiring one or more developers from a contractor in order to expand the company’s internal staff to collaborate on the project.

For example, a company already has a full-time development team, but no specialists in blockchain development, and the current project needs to add blockchain technology. In this case, external specialists can be temporarily or permanently integrated into the existing team to perform specific tasks or project work.

In the case where a company needs to develop its own product, but does not have sufficient resources to implement it, it is preferable to choose the traditional IT outsourcing model.

Under this model, the contractor’s team undertakes the complete execution of the project. The customer only provides the contractor with the project requirements and ultimately receives the finished product with minimal involvement in the development process.

Blockchain application development is rapidly gaining popularity. More and more companies are looking to build their digital solutions using this technology. However, finding good blockchain developers is not easy.

In order to find blockchain development professionals, companies must know where to look for suitable candidates, what type of collaboration they need for their projects, and be aware of the set of competencies that a blockchain developer must have to ensure a high-quality product.

If you are looking for experienced blockchain blockchain engineers, we are ready to help. Contact us and we will provide you with suitable candidates who meet your requirements and their availability. We guarantee high quality and professionalism of our specialists.