Blockchain Development Ultimate Guide – 2022 Update

Blockchain development, tokenminds
Table Of Contents
  1. Hiring Framework
  2. Project specification
  3. Look for candidates
  4. Interviews with a prospective blockchain development company
  5. Digital Agreement audit
  6. Custom Development
  7. Inquire about the team’s experience
  8. Supported blockchains 
  9. Check reviews 
  10. Find out whether the company offers consultation services 
  11. Hire a firm that adheres to the deadline
  12. Evaluate the website of the company
  13. Check other blockchain development services that the company offers
  14. Evaluate the scope of your project
  15. Determine the best engagement model
  16. Does the company follow the latest trends?
  17. Will you have a team of professional developers?
  18. Why DAO Development has become popular
  19. Key features of Blockchain-based virtual worlds
  20. How to hire a blockchain developer
  21. How to hire a blockchain development agency
  22. Major characteristics of web 3 development 
  23. How to hire the best Solidity Developer?
  24. How to hire a Blockchain Development team 
  25. What is a smart contract?
  26. Comparison between Polygon and Solana Blockchain Development
  27. Blockchain Development Community: How to find the best Blockchain Developers
  28. How to hire a Blockchain Development team 
  29. How to Find the Best Blockchain Developers
  30. Blockchain trends 2022 brings
  31. How to choose a Polygon Developer
  32. How to choose Solana Developers
  33. Key Takeaways on hiring the right Blockchain Development company

Previously, blockchain development used to be jargon in the technology industry. But now it’s attracting multiple businesses in various industries. The technology can cause major disruptions in various fields, such as finance, supply chain, real estate, and hospitality. As the technology gains popularity, many blockchain development companies have emerged in the market.  While many companies in the market offer a variety of choices to clients, you may be at a loss on the right one to choose. If you’re looking for a blockchain developer, here is the best guideline to help you.

Hiring Framework

The first step entails determining the right hiring model. Here, you can either choose an in-house or outsourced hiring framework. The main difference is that an in-house group is your team working from your premises while an outsourced time is a different firm that you contract to work for you. Each of the models mentioned above has its pros and cons, and the framework you choose depends on your project type.

If you intend to support your blockchain project, an in-house team can be the best solution.  But these days, an in-house model has multiple disadvantages, such as time wastage and requires high capital investment. An outsourced blockchain development team can deliver high-quality services within the shortest time possible.

Project specification

Before contacting blockchain development firms, prepare the details of your project specifications. Although this area belongs to expert developers, you can set the ground for negotiations with the right development companies by explaining what you need. When describing the specifications of your project, it’s important to focus on the following areas:

  • Your business concept: Describe what you do, the type of products/services you offer, and your ideal customers.
  • Your expectations: you may expect to reap multiple perks from blockchain technology. For example, you may anticipate saving on expenses, quick processing, proper documentation management, enhanced safety, etc.
  • Your preferred solution: you may have a specific need for the type of blockchain technology you require. For example, if your field is payments, you may require a technology that supports virtual currencies.
  • Your timelines: You need to explain the key milestones of your project.

Look for candidates

Multiple platforms exist where you can find a blockchain development company. Search in niche communities like Reddit and Discord. You can also check the reviews of developers on websites, such as Clutch. When evaluating a specific developer, go through the description, read reviews, and compare the rankings.

Apart from online research, you can also find blockchain development partners at offline cryptocurrency events, such as conferences, hackathons, etc.  At such events, you may meet the representatives of the developers who can give you details on what they do.

Once you’ve got a list of developers, contact them to discuss the experience, technologies they work with, their work portfolio, and their price. You can schedule a meeting with the company for more discussions about their offerings.

‘Look for discussions and reviews around software development and, specifically, around technologies, frameworks, and language of your interest. Then, pay attention to the answers to discover the people that seem to have the most expertise around those. You can then engage with them to see if they are interested in participating in a project or if you can reach them with an offer.’

Source:Hackernoon

Interviews with a prospective blockchain development company

While evaluating the developer, you should pay attention to the following areas:

1. Find out if a developer knows about basic programming concepts

When hiring a blockchain development company, it’s critical to ensure that the company you’re evaluating understands various ideas of programming languages. Some of the development concepts include C, C++, Python, etc. An experienced blockchain developer should also understand the following concepts: OOP (Object-Oriented Programming Structure), syntax,  Multi-Threading, and socket programming.

  • OOPS: OOPs denotes objective-oriented Programming Structures developed around the idea of objects. These objects are organized into classes, making it possible to group them. It’s possible to modify objects without interfering with other objects in the program. The object-oriented language enables updates to be performed any time when a need arises.
  • Syntax: Any blockchain developer should demonstrate profound knowledge of syntax programming language. In programming, syntax entails the principles that particularize the overall sequence of signals used to develop structured programs for the particular functionality of an app.
  • Multi-Threading: This is the ability of a computer processor in a multi-core processor to operate many threads or procedures simultaneously. Thus, the best developer should understand the installation of multi-threading in various kinds of applications.
  • Socket programming: The socket programming language helps a developer link two nodes, enabling them to interact with each other.

2. Find out if the developer understands the security needs of blockchain technology

The developer should understand the security needs of your blockchain project and use different encryption techniques to deliver it. An experienced developer should understand the concept of secure Hashing Algorithm, Encryption and Decryption, and private and public keys.

  • Secure Hashing Algorithm (SHA): SHA technology enables a developer to surmount multiple cyber-security risks and keeps information safe. The algorithm changes the information with the hash feature and comprises modular additions, bitwise, and compression roles. Because blockchain installs encryption protocols, a blockchain developer must have a thorough knowledge of encryption ideas.
  • Encryption and Decryption concepts: whereas encryption entails transforming data into unreadable text, decryption involves converting the unreadable information into legible text.
  • Private and public keys: the two forms of keys are either used to encrypt or decrypt information. Whereas public keys are accessible to each individual, private keys are confidential and accessible to their respective owner.

3. Inquire from the developer if they understand data structures

Understanding the concept of data structure is essential in software development. Some of the data structures that a developer should demonstrate an understanding of include: Linked List, Hash Table, and Acyclic Graph.

Data structures:

  • Linked List: This is a series of data elements linked together through pointers.
  • Hash Table: This data structure installs an associative array of info types, which locates keys to their corresponding values. A hash table can turn an index into multiple slots through a hash function, facilitating the location of the required value.
  • Acyclic Graph: it’s a bipartite graph without curves. The graph lacks recurring vertices, excludes ends and starting vertices.

4. Inquire whether a developer knows the basic concepts of blockchain

An experienced blockchain developer must understand the fundamental ideas in blockchain development. Here are the basics of blockchain development that a developer should understand:

  • Distributed Ledger Technology (DLT) allows virtual information to be shared and replicated across different nodes. A blockchain development firm should know how DLT functions and how it should be applied in various kinds of blockchain.
  • Immutability: the concept of immutability means that something is irreversible. So, when information is put on a blockchain, no one can alter it.
  • Consensus: the consensus mechanism enables decisions, as blockchain lacks a central authority to govern it.
  • Token creation: tokens are tradable virtual assets that reside on a blockchain. A skillful blockchain development firm should understand how to create these assets.
  • Smart contracts are virtual self-executing agreements that allow a quick exchange of shares, property, money, etc.  You expect an experienced developer to offer high-quality smart contract services.
  • Mining: It’s the procedure of adding or validating settlements on the blockchain technology. Miners use their computational knowledge to create new blocks.
  • Decentralized applications (DApps): the developer you want to choose should understand the concept of DApps which are delivered on a P2P network of computers. Due to their decentralized nature, DApps lack a central authority to monitor them.
  • Sharding: sharding is a database division method used by blockchain developers to enhance scalability, allowing the system to execute more settlements per second. Through sharding, developers divide a company’s whole network into minute divisions called shards. Every shard has its own information, making it different and individualistic from the rest.
  • Public blockchain: A public blockchain network is a decentralized network where anyone can participate at any time. This network has nil restrictions and anyone can join and participate. Furthermore, a public ledger is visible to everyone, allowing them to participate in the consensus procedure. For instance, Ethereum is one of the public blockchains.
  • Permissioned blockchain: in a permissioned blockchain, each person can read the information on the network. However, specific players can mine or confirm settlements. In other words, permissioned blockchain presents an additional security layer, allowing specific individuals to perform particular actions. Examples of permissioned blockchains include Hyperledger Fabric, R3 Corda, and Hyperledger Sawtooth.

5.  Find out whether the developer knows the right tools to use

Developers of blockchain technology use multiple tools. The key ones include:

  • Composer: it’s an open-source tool to develop blockchain apps.
  • Explorer: it’s used to develop user-friendly web apps.
  • Remix: you can use this tool to craft solidity agreements directly from the browser.
  • Metamask: essential when transferring virtual currencies from one wallet to another.
  • Etherscan: used to verify various digital agreements and all settlements happening on the Ethereum network.
  • Mist: its role is to manage the transactions and assets in the ethereum network.
  • Caliper: it’s used to evaluate the performance of a specific blockchain installation.
  • Bitcoin Blockchain Explorer: the tool provides in-depth information about BTC address, settlements, and blocks.

Digital Agreement audit

While evaluating the blockchain development firm, you may concentrate on software creation and fail to assess its ability to conduct smart contract audits. It’s essential to find out if the company has professionals who can audit smart contracts with the help of third parties. Suffice to say; the best developer should optimize the digital agreement’s procedures to lower gas charges and operational expenses.

Custom Development

Specific businesses have unique needs that out-of-the-box blockchain services may fail to meet. Thus, a complex infrastructure may need a slightly different approach. Therefore, it’s prudent to check whether the developer you’re assessing offers bespoke services to meet the needs of your enterprise.

Inquire about the team’s experience

Blockchain technology is a highly technical field that demands many years of experience. It’s critical to go through the team’s website to check each team member’s background. Also, social media platforms, like LinkedIn, can help you to evaluate the experience of the company’s professionals. 

Supported blockchains 

Many companies prefer ethereum for dApp development. However, the downside of ethereum is that it poses scalability issues because it processes few transactions per second. 

At the moment, the ethereum network is in the process of altering its underlying consensus from Proof-of-Work (PoW) to Proof-of-Stake (PoS) to improve the number of transactions per second. However, the process keeps experiencing postponements. Luckily, other platforms with better performance exist. These include Cardano, Hyperledger, and EOS. Therefore, the best developer should possess experience in such media.

Check reviews 

If the company has delivered multiple projects, the previous clients are likely to review its quality of services. Before hiring the company, it’s essential to check these reviews and find out what the past clients say. Many positive reviews indicate that the company has the experience and skills to deliver the best solutions. And that’s the best developer to choose.

However, a preponderance of negative reviews shows that the company’s services are of poor quality. It would help if you gave such a company a wide berth. 

The best review platforms for blockchain developers include LinkedIn, Gartner, Clutch, Bitcointalk, and GitHub.

Find out whether the company offers consultation services 

If you lack knowledge about blockchain technology, it’s critical to determine whether the company you’re evaluating offers advisory services. Remember, not all blockchain development companies provide consultation services to their clients.

Hire a firm that adheres to the deadline

Blockchain technology is experiencing a surge in clients who want to integrate it into their operations. Therefore, hiring a company that fails to meet the deadline can make you lag. Before you pick any company, it’s essential to determine whether it meets deadlines. You can find whether the company adheres to the deadline by contacting the previous clients.

Evaluate the website of the company

A developer’s website can offer you a hint on the quality of services to expect from the firm you’re assessing. So, you need to evaluate it keenly regarding the quality of content and the ease of navigating the website.

Check other blockchain development services that the company offers

Before choosing a specific blockchain developer, it’s essential to find out if it offers other services. Multiple services can improve your solution. The best company should provide post-development maintenance services. Although the blockchain solution developed is self-sustaining, its apps require regular maintenance. So, instead of looking for blockchain app development companies to fix the problem, the developer you choose should offer this service.

The best blockchain developer should offer a 90-day free maintenance service. And this can massively reduce your maintenance expenses.

Evaluate the scope of your project

Blockchain projects can be massive or small, depending on the requirement of your business. While small projects are suitable for a single developer, big projects require the input of an enlarged development team. Suppose your task is too big for a single professional. In that case, it’s critical to search for blockchain development companies to work for you. However, your decision is also determined by how soon you want the project to be ready and the complexity of your project. Overall, a blockchain development agency has special tools, an expansive team, and other resources to deliver the best solution.

Determine the best engagement model

Engagement models are budgetary frameworks blockchain development companies use. If you’re searching for blockchain development services, it’s vital to identify the right model suitable for your business. The frameworks capture information about the expense of hiring, available dates, and the amount every operation costs. Here are the main engagement models used by blockchain development companies:

  • Fixed price framework: This model has fixed and non-negotiable operative charges.
  • Dedicated team model: A crypto development firm attaches a dedicated group for your task under this framework. The team focuses on specific tasks that will accelerate your project’s successful completion. Once the project is complete, team members go back to their various development firms.
  • Captive Unit: The Captive Unit Model offers the chosen developer the freedom to provide objects, hire and train the R&D team that works on your task. The developers also provide your team administrative, legal, financial, and HR services. Your role is to control and direct the group and pay their salaries. This model is suitable for companies that want their blockchain solution developed in countries where they don’t operate their businesses.

Blockchain has spawned multiple innovations that have disrupted the financial world. Still, more technologies keep emerging in the ecosystem. For maximum benefits from blockchain, you should choose a company that follows the latest development trends in the industry. It’s important to find out the developer’s tools and its blockchain development language.

Will you have a team of professional developers?

Blockchain projects require multiple skills for a successful delivery. If you require an effective blockchain product, you need highly qualified professionals. It’s essential to ensure that the company you’re evaluating has a team of experienced developers. Social networking sites like LinkedIn can help you get more information about each team member. It’s important to avoid a developer who lacks the basics of blockchain answering simple questions, such as ‘what is blockchain development’? 

Why DAO Development has become popular

DAO development has various benefits that overcome the difficulties of legacy entities. Organizations using the DAO concept overcome the challenges of trust inherent in online spaces. The use of smart contracts embedded in a code spells out the rules that govern an organization. Thus, due to multiple perks of DAO, many organizations will use the concept to expand their businesses.

Key features of Blockchain-based virtual worlds

Blockchain technology has enabled the creation of blockchain-based virtual worlds. These virtual worlds are parcels of land owned by multiple individuals. To create these worlds, developers use various technologies, like augmented and digital realities. Understanding the key attributes of these digital worlds will help you make an informed choice of the ones suitable for you.

How to hire a blockchain developer

Choosing a blockchain developer is a hard nut to crack for many individuals and companies. Developers are critical in creating blockchain networks and the applications to run on them. With vast knowledge in blockchain technology, developers can evaluate your idea and deliver blockchain solutions that meet them. When considering a blockchain development firm, there are specific skills that they must possess. Developers with these skills can provide projects that exceed the expectations of the companies hiring them.

How to hire a blockchain development agency

A blockchain development agency can help you in various aspects of creating a decentralized ledger. But, hiring the right company is an arduous task. Currently, multiple development companies have emerged in the crypto space. Some of these firms may not have the experience and resources to deliver the best services. Thus, it’s critical to arm yourself with information that can help you make an informed choice when approaching the market.

Major characteristics of web 3 development 

Web 3 development makes it possible for content owners to control how to use their data. It breaks away from web 2 that bestows data on major internet companies. A key component of web3 development is the integration of blockchain technology.  Blockchain technology has features like encryption and decentralization, enhancing the security of data. Furthermore, the use of digital agreements makes it possible to eliminate intermediaries from a transaction.

How to hire the best Solidity Developer?

If you’ve got a smart contract creation task, you’ll require a solidity developer. These professionals have in-depth knowledge of how to write a virtual agreement. These days, smart contracts have become central in the blockchain ecosystem. Their popularity emanates from the fact that they eliminate the presence of intermediaries. These third parties add up to the high cost of conducting business. A solidity developer creates a smart contract that runs on the Ethereum blockchain. 

Thus, it’s crucial to find an experienced blockchain agency to write the smart contract code. However, finding the best solidity programmer in the market is demanding. But with thorough preparation, you can pick the right expert. The developer you’re looking for must understand the blockchain architecture, how to develop Dapps and the right tools to create virtual contracts. Other things to evaluate include the developer’s experience, location, and reviews by the past clients. Independent websites like Clutch have unedited reviews about various developers in the market. You can go through such reviews to better understand the quality of service a specific developer produces.

How to hire a Blockchain Development team 

An experienced blockchain development team can help your project to meet its key objectives. Because blockchain is a relatively new area, many business owners and entrepreneurs lack information on how to hire the right blockchain developer. Furthermore, due to the popularity of the technology, many developers have emerged in the market. Some of these developers lack experience and skills to create the best blockchain solutions.

So, it’s imperative to equip yourself with knowledge before you start looking for a blockchain development company. The company you’re evaluating should develop a profound understanding of blockchain technology. Some of the critical areas to assess include data structures, smart contracts, cryptography, interoperability, and blockchain architecture. You should also consider the price, creativity, competency, and communication aspects of the team. All in all, hiring the best team that you can harmoniously work with is the start of your success in your blockchain project. So, you should ensure that you conduct a thorough research to ensure that you contract the best development team.

What is a smart contract?

A simple keyword search volume can indicate that the phrase ‘What is a smart contract‘ appears multiple times. This shows that individuals and organizations are interested in understanding how smart contracts can boost their business operations. Smart contracts are self-executing and self-enforceable agreements that reside on the blockchain backbone. Digital contracts have become popular due to various draws, such as reduced transactions, elimination of intermediaries, and reduction of transaction time. Thanks to these contracts, blockchain tasks, like ICOs and NFTs are possible without the need for parties involved to know each other.

Smart contracts are created on various platforms, including Stellar, Ethereum, Solana, Hyperledger Fabric, Tezos, and Polkadot. Each of these platforms have different pros and cons that you need to evaluate before picking a suitable one for your project. However, if you lack experience in blockchain technology, it’s advisable to work with a blockchain development company. Such a firm has a team of blockchain developers who can help you.

Comparison between Polygon and Solana Blockchain Development

Solana and Polygon are layer one projects designed to overcome multiple issues with the Ethereum blockchain. Each of the two projects has different features that attract various individuals.  Furthermore, the two projects are different from each other on various parameters, including consensus mechanism, scalability, and stateful architecture. Regarding consensus mechanisms, Solana relies on a combination of Proof of Stake (PoS) and Proof of History (PoH). It can process more than 50,000 transactions per second. On the other hand, Polygon uses Proof of Stake (PoS) to create a new Matic.

A stateful architecture explains whether a network keeps data or doesn’t. A stateless procedure doesn’t record information about the previous operations. But a stateful application keeps information about the users’ actions. Whereas Solana is stateless, Polygon pivots towards being stateful. So, Solana is highly expandable in terms of scalability.

Regarding speed, Solana processes around 50,000 settlements per second. However, Polygon beats as it processes 65, 000 transactions per second.

Due to its multiple perks, Polygon beats Solana in many respects, making it the best network for developers.

Blockchain Development Community: How to find the best Blockchain Developers

The quality of the blockchain development team that handles a project can make or mar it. It is nerve-wracking to find the right blockchain developer for your project. Usually, blockchain developers may not easily be found in the public because of the sensitivity of their duty. 

Some steps should be taken to achieve this purpose.  

Community forums like The Blockchain development community (BCDC) host blockchain developers, investors and other relevant participants that are intrigued by the concept of blockchain development.  

Exploring social media to look for a developer can be tricky, and this is why this guideline was developed. 

  • Firstly, look for the Blockchain Development Community on Reddit in dedicated subreddit forums.
  • Secondly, Topcoder.com has a blockchain development community with skilled developers to create the project of your dream. 
  • Thirdly, another community that hosts blockchain developers, as well as development courses, is Blockgeeks. 

Usually, the aforementioned forums contain a host of blockchain developers that are freelancing. 

  • Fourthly, another option is to hire a blockchain development company that has a wide array of experienced developers that have worked on numerous projects. Tokenomics ticks the necessary boxes, as you have access to the blockchain development community, UI/UX designers, testers, including project managers and business analysts.

How to hire a Blockchain Development team 

An experienced blockchain development team can help your project to meet its key objectives. Because blockchain is a relatively new area, many business owners and entrepreneurs lack information on how to hire the right blockchain developer. Furthermore, due to the popularity of the technology, many developers have emerged in the market. Some of these developers lack experience and skills to create the best blockchain solutions.

So, it’s imperative to equip yourself with knowledge before you start looking for a blockchain development company. The company you’re evaluating should develop a profound understanding of blockchain technology. Some of the critical areas to assess include data structures, smart contracts, cryptography, interoperability, and blockchain architecture. You should also consider the price, creativity, competency, and communication aspects of the team. All in all, hiring the best team that you can harmoniously work with is the start of your success in your blockchain project. So, you should ensure that you conduct a thorough research to ensure that you contract the best development team.

How to Find the Best Blockchain Developers

The quality of the blockchain development team that handles a project can make or mar it. It is nerve-wracking to find the right blockchain developer for your project. Usually, blockchain developers may not easily be found in the public because of the sensitivity of their duty. 

Some steps should be taken to achieve this purpose. Community forums like The Blockchain development community (BCDC) host blockchain developers, investors and other relevant participants that are intrigued by the concept of blockchain development.   Exploring social media to look for a developer can be tricky, and this is why this guideline was developed. 

  • Look for the Blockchain Development Community on Reddit in dedicated subreddit forums.
  • Topcoder.com has a blockchain development community with skilled developers to create the project of your dream. 
  • Another option is to hire a blockchain development company that has a wide array of experienced developers that have worked on numerous projects. Tokenomics ticks the necessary boxes, as you have access to the blockchain development community, UI/UX designers, testers, including project managers and business analysts.

Blockchain trends 2022 brings

Evaluating Blockchain trends 2022 helps companies and individuals discover the role blockchain will play in their lives. Blockchain has disrupted business operations with its multiple benefits, and many good use cases continue emerging. In 2022, blockchain will play a vital role in the way people conduct their business. There are different trends to watch this year.

A potential Achilles Heel for the technology is the massive amounts of energy it produces. And this hugely contributes to high amounts of carbon emissions. Stakeholders in the industry have offered various suggestions for overcoming the issue. In 2022, innovative models like Proof-of-Stake will be applied that produce minimal energy.

Many countries are mulling the approaches to integrating blockchain into their financial ecosystem. An idea that some countries are assessing is the Central Banks Digital Currencies (CBDCs). With high fees in international remittances and inflation, blockchain offers a practical solution that overcomes these issues.

The pandemic continues to wreak havoc in many countries. Fortunately, vaccines have been manufactured to help individuals. The problem of fake drugs is likely to hit Covid-19 vaccines. Vaccine manufacturers and supply chains will use blockchain to verify the authenticity of batches.

Other trends to watch in 2022 include Metaverse and NFTs. There will be more ideas on how to use the immersive technology of Metaverse on the blockchain. NFTs will find more use cases in the gaming and fashion sectors.

How to choose a Polygon Developer

A polygon developer can help you build a Polygon scaling solution. As a layer 2 solution, Polygon has multiple advantages. The key perks include being compatible with Ethereum Virtual Machine and that it’s listed on major exchanges of the world. Also, Polygon concentrates on improving the operability and scalability of Ethereum transactions. To reap these benefits, you must choose the right developer.

There are multiple developers in the market, and you can get confused about how to choose the right. The best technique is to equip yourself with information before you start looking for a developer.

There are multiple factors to consider before picking a developer. Firstly, the developer you choose must understand the process of polygon development. So, you need to assess whether the developer understands what the whole process entails.

Also, one should check the tech stack of the company they want to hire. A company that uses high levels of technology is likely to deliver a product of high quality.

Another thing to consider before choosing a developer is the professional’s service. Some of the services to expect from such a developer include polygon smart contracts and the creation of polygon dApps. The developer should also provide NFT marketplace development services and wallet development solutions.

Furthermore, the developer you want to choose should demonstrate an understanding of polygon architecture. Polygon has three layers, including PoS, Bor, and staking smart contract of Ethereum. So, the developer should demonstrate an in-depth understanding of these layers.

How to choose Solana Developers

Solana developers can help you in creating the best blockchain solutions. The best developers can help you develop DeFi, NFTs, Cryptos, and other applications based on Solana. It’s essential to hire the best developers if you want to succeed in your blockchain business. However, hiring Solana developers is a daunting task. However, if you arm yourself with information before approaching the market, you can make the right choice.

There are numerous strategies you can employ to pick the right Solana Company. First, ensure that the company you want to choose has the right expertise. Here, you need to determine whether the company you want to hire has experience in the sector you need.

Furthermore, the company you want to choose should be conversant with security issues affecting blockchain and how to surmount them with technology. So, you need to check the company’s history to ensure that their products haven’t had any security issues.

Another tactic to apply is to check whether the developer has the technical knowledge required to deliver a Solana task. Regarding this, you need to ensure that the team understands programming languages like Rust, C, and C++.

You’re sure to pick the right company if you follow these steps. So, it’s essential to do research before approaching the market.

Key Takeaways on hiring the right Blockchain Development company

Finding the best blockchain development team can be a challenging task for most people. With all the searches, interviews, hiring models, and reviews, you’re in the best position to make an informed decision. Suffice to say; you should resist the temptation to focus on choosing contractors with low rates. A technology with potential abilities to shape the future comes with a premium price. Remember that experienced blockchain developers are somewhere in the middle and top of the pricing list. Furthermore, the best services that come with high prices will be topnotch with minimal issues. If you can find the right development partner to work with, you’re assured of taking your business a notch higher. Here is a summary of points explored above:

  • Hiring model: You can either use an in-house or an outsourced model. An outsourced model is the best for most blockchain projects because of quick and outstanding solutions.
  • Project specification: you need to figure out particular specs of your project by determining what you expect from the blockchain technology, your business idea, and important timelines. Being clear on what you want helps you to find the right company to offer it.
  • Identify candidates: when evaluating a candidate, you should ask them what they know about programming languages, the security of blockchain networks, the basic ideas about blockchain, and the tools to use. You should also inquire about their experience in the industry.
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