Blockchain technology allows us to create a digital record of transactions or information in a secure, transparent, and decentralized way. It’s like a digital ledger or a database but has unique features.
Blockchain makes sure that once a transaction or piece of information is recorded, it’s very difficult to alter or tamper with. This increased transparency, trust, and security is why we use this technology in mobile apps these days. An experienced and reliable blockchain web development company like Silwatech can help you reap these benefits.
Why Build a Blockchain App?
A blockchain app offers benefits like transparency, security, and cost reduction. With blockchain, a business can create a secure and tamper-proof system where participants can record and share transactions and information. This builds trust and transparency, which is important in industries like supply chain management and finance.
Using blockchain can help businesses cut out intermediaries, automate processes through smart contracts, and reduce operational costs. It’s a way to make transactions more efficient, save money, and explore new possibilities in areas like data management and decentralized applications.
Find Your Blockchain Development Partner
If you’re looking to build a blockchain-based application, choosing the right blockchain developer is critical. However, with so many blockchain development companies in the market, it can be confusing to pick the right one.
But don’t worry. In this guide, we’ll explore what qualities to look for in a blockchain web development company and provide a framework for selecting the right one.
Whether you’re a small business owner or a large enterprise, keep reading to learn everything you need about hiring a blockchain web development company in Dubai and UAE.
Hiring a Blockchain Web Development Company Vs. Other Options
When planning to build a blockchain app, you might wonder — “Should I contact a blockchain web development agency or just hire a freelancer?” Some of you might even think about setting up an in-house team.
To help you make an informed decision, let’s look at the pros and cons of each option.
In-house blockchain developers
Hiring an in-house blockchain development team means having people work under your company’s roof. The obvious benefits of this approach are full-time availability and the dedicated approach to your project.
But the main drawback of this arrangement is the high cost. The ongoing expenses of maintaining an in-house team can include office space rental, software and equipment costs, salaries, taxes, and operational charges.
Freelancers
You might want to hire a freelance blockchain developer if you have a limited budget. They typically charge on a project basis or hourly rate, saving you expenses associated with benefits, office space, and equipment.
Freelancers often work with multiple clients simultaneously and may spend limited time on your project. It could be challenging to secure their time, especially during peak periods, or they might not be available for long-term commitments.
As freelancers work remotely, communication can sometimes be a challenge. Time zone differences, language barriers, or a lack of regular face-to-face interaction might hinder effective collaboration.
Development Company
Blockchain development companies typically have a team of professionals with diverse skill sets and expertise. A ready-made team with a full tech stack necessary for your project can work from anywhere but be devoted exclusively to your task.
They have established processes and workflows to ensure effective coordination and communication, leading to efficient project management. This can result in better outcomes and a smoother development process than working with individual freelancers.
Plus, development companies have the advantage of having multiple resources available. They can quickly allocate additional team members or adjust their workforce to meet project requirements. This scalability ensures that your project can progress without delays caused by limited availability or capacity issues.
Let’s dive deep into these benefits in the next section.
The Biggest Benefits of Hiring a Blockchain Web Development Company
Here’s a list of reasons to hire a blockchain web development company for your project.
Team of blockchain experts
Blockchain web development companies have a team of experts who have specialized skills in coding languages, blockchain platforms, and protocols. Therefore, they can efficiently handle complex development projects and deliver quality applications that meet your business needs.
Faster development times and reduced costs
Blockchain web development companies can complete your project within the required timeframe as they have a team of developers who can work on it simultaneously, which results in faster project completion. By hiring such a company, you can also reduce costs as there is no need to invest in expensive infrastructure and equipment.
Access to the latest tools and technologies
Blockchain web development agencies stay up-to-date with the latest trends and innovations in technology, constantly updating their tools and techniques. By hiring one, you can trust that they will use the latest tools and technologies for optimal efficiency, security, and functionality.
Scalability
Development companies have multiple resources available. Therefore, they can quickly allocate additional team members or adjust their workforce to meet project requirements. This scalability ensures that your project can progress without delays caused by limited availability or capacity issues.
Improved security and reliability of the final product
Blockchain web development companies pay special attention to security while building their applications. They put their technical skills, experience, and reputation to good use by ensuring the apps they build are secure against malicious attacks and can maintain data integrity.
Choosing a Blockchain Web Development Company: Important Parameters
There’s plenty of fish in the sea. What to pick and how to pick is the tricky part. In this section, we will highlight the factors you should weigh to make an informed decision.
Expertise and Experience with Blockchain Technology
Technical expertise and blockchain experience are the topmost factors when choosing a blockchain web development company.
In terms of tech expertise, your chosen developers should have the following:
- A deep understanding of various blockchain platforms and technologies, such as Ethereum, Hyperledger Fabric, and Corda.
- Knowledge of programming languages such as Solidity, Go, and JavaScript.
- Experience developing different blockchain-based solutions, such as smart contracts, decentralized applications (DApps), and blockchain-based databases.
Portfolio of Successful Blockchain Projects
Another essential factor is the company’s portfolio of successful blockchain projects. Review their past projects to determine if they have experience building similar solutions to what you require. This can give you an idea of their skills and capabilities and help you decide whether they fit your project well.
Team Composition and Skills
The team composition and skills of the company you choose are also crucial. A good blockchain development company typically has a well-rounded team of experienced developers, designers, and project managers.
When you work with such a team, you can be confident that they have the necessary skills and experience to handle your project from start to finish.
Post-Development Support/Maintenance
When choosing a blockchain web development company, it’s important to consider their post-development support and maintenance services. A good development company should focus on delivering quality products and provide reliable support and maintenance services to ensure the product functions optimally over time.
Here are some factors to consider when evaluating a company’s post-development support and maintenance services:
- Service Level Agreement (SLA)
- Technical Support
- Bug Fixes and Updates
- Regular Backups
Client References and Testimonials
Client references and testimonials are valuable resources for evaluating a blockchain web development company.
Look for reviews and feedback from previous clients to understand their experience working with the company. You can also ask the company for references and follow up with their past clients to learn more about their experience.
Quality of Customer Service and Communication
Finally, consider the quality of customer service and communication the company provides. You’d want to partner with a company that is responsive, transparent, and easy to work with. Such a company ensures you know how much your project has progressed while keeping you informed about any issues.
How to Work With a Blockchain Web Development Company
If you’ve hired right, working with a blockchain web development company can be rewarding. However, to make sure it’s a smooth ride, here are some tips for you.
Set clear project goals and objectives
The very first step is to outline your vision and what you expect from your blockchain web development project. Be SMART (specific, measurable, achievable, relevant, and time-bound) about setting project goals and objectives. This will help you and the development team track progress and ensure the project is on track.
Define project scope
Next, it’s time to discuss the scope of the project with your blockchain development team. The scope should include the functionalities and features you need, the budget, and the timeline. It’s also a good idea to talk about the success factors and risks associated with the project. It helps to set benchmarks and define the room for errors.
Establish a project timeline and milestones
A blockchain app development project can have many parts. A project timeline and milestones are essential to ensure the project progresses as planned. The development team should provide regular updates on the project’s progress and inform you of any changes or delays. A project timeline can also help you manage your expectations and ensure the project ends on time.
Have clear communication with your development team
Effective communication is vital to the success of any project. You should establish a clear communication plan with the development team, including regular check-ins and updates. It’s also crucial to ensure an open communication channel between the development team and other stakeholders involved in the project.
Provide feedback and address issues promptly
Providing feedback to the development team is critical to ensuring that the project meets your expectations. Make sure to promptly address any issues or concerns your development team raises to avoid delays and cost overruns.
Summing It Up
Hiring a blockchain web development company is the most reasonable option for businesses wanting to build blockchain applications. But to get the desired results, it’s important to research and evaluate different development companies thoroughly. After reading this guide, we hope you can better decide how to find one that aligns with your specific needs.
The good news is your ideal blockchain development partner is right here under your nose. And that’s us!
At Silwatech, we tick off all the boxes that make us a highly recommended blockchain web development company across Dubai and UAE. We have built successful blockchain apps for our clients, and we can do the same for you.
Ready to Start Building?
With our technical expertise, experience, and commitment to customer satisfaction, we can help your business develop secure and customized blockchain applications.
Get in touch with us today to get started!
