Top Blockchain Development Companies in the USA
What is Blockchain?
Blockchain is a decentralized ledger or a chain of blocks where blocks store the information about the transactions. After a transaction occurs, the information gets stored into a block, which is connected to its previous and the next block. To differentiate one block from the other, each block has a unique code named as a hash.
The hash is nothing but a cryptographic code, which is generated by special algorithms. The blockchain deals with various terms such as
· Cryptocurrency- Works as a medium of exchange.
· Bitcoin- The digital currency used to buy things.
· ICO- A crowd investing tool runs completely on the blockchain.
These are the benefits of blockchain:
· Blockchain ensures the security of the transactions
· It eliminates the need for any third-party to conduct the transactions
· It gives users complete authority to control and monitor transactions
· Transactions can be done in minutes and at any hour of the day
· Blockchain is decentralized; therefore, invulnerable to hacking
The cost of blockchain app development in the USA
The cost of developing a blockchain application depends on various factors:
2. Type and the industry of the app
3. The blockchain development process used to create the app
4. Third-party tools used for the development
5. Location and size of the development team
Blockchain technology statistics
· As per a report, the global blockchain technology market is expected to reach USD 21.07 Billion by 2025. This figure was USD 1.64 billion in 2017.
· Approximately 77% of the companies in the finance sector are expected to integrate blockchain in their processes and operations by the end of this year.
· Around 75% of the Internet of Things based companies by estimated to adopt blockchain as a part of their processes by the end of 2020.
Viewing the above statistics, it is evident that blockchain has and will continue to transform businesses in the upcoming time. And walk hand-in-hand with the technology, startups and well-established companies are adopting blockchain solutions by developing new blockchain-based applications or integrating the technology into their existing networks.
If you too are aspiring to find a trustworthy and experienced blockchain services provider, then this article is exclusively for you. Here, we have provided the list of top five players in this field. Have a look below:
How to find a reliable blockchain development company?
When you need blockchain development services, it is recommended to keep the below-mentioned factors in mind to ensure that you get your money’s worth:
· Do a thorough research
· Check the portfolio of your shortlisted companies
· Check their clients’ testimonials or feedback
· Speak to their support executives
Well, if you are short on time or don’t have the patience to go through these points, then simply choose one of the blockchain development services providers mentioned later in this article. We have penned down the most reliable and well-renowned blockchain development companies in the USA:
Cazton is a trusted blockchain development company known for offering blockchain consulting and training services to businesses of all sizes. Backed by a team of highly experienced and certified blockchain app developers, the company develops and delivers token creation, smart contract audits, wallet security solutions, ICO auditing, and wallet integration under its Blockchain development services category.
No matter if you want a new blockchain-based application or integrate this technology into your existing network, Cazton can do it all. Apart from the USA, the company also has a huge clientele in Europe and Canada.
Quytech, a noteworthy Blockchain app development company USA, is recognized for delivering cryptocurrency exchange, smart contract, ripple, cryptocurrency wallet, ethereum apps, open chain, security token offering, initial exchange offering, hyperledger development, and other blockchain development services to startups and enterprises. The company carries a hands-on experience on the blockchain solutions to develop and deploy customized blockchain applications for clients across different business verticals.
Apart from this, our expertise in Ethereum, Hyperledger, and other blockchain platforms is what helps us to develop applications in a scalable and robust way. For providing clients the best value of money with the highly advanced blockchain solutions, we are the most preferred dapp development company in the USA.
Consensys, a leading name in the field of blockchain development, is known for building blockchain developer tools to incubate and accelerate Ethereum startups in various industries. Moreover, the company also develops and delivers enterprise Ethereum solutions to help giant organizations manage workflows, improve their infrastructure security, and leverage the potential of blockchain-based models. Besides the USA, Consensys has its presence in over30 countries across the globe. You can reach out to the company to avail most trusted blockchain app development services at a competitive price.
Founded in 2001, Softjourn offers blockchain consulting and development services using Ethereum, Hyperledger Burrow, Hyperledger Fabric, Quorum, Open Transactions, and other platforms. What makes Softjourn stand apart from other Blockchain development services providers is extensive domain knowledge, commitment to deliver the best blockchain solutions, flawless integration of blockchain in the existing networks, and the creativity & innovation it brings into the new Blockchain applications.
Cryptocurrency banking services, innovating blockchain loyalty program, and development of a financial instrument at the EIB challenge are some of the blockchain projects Softjourns has delivered to its clients in the USA and other parts of the world.
Pythian is another recognized blockchain development company that assists businesses to sustain and grow in this ever-changing technological era. Established in 1997, the company offers its clients in the USA and other countries with the most effective and customized blockchain solutions. Pythian has a team of experienced and qualified developers who follow a systematic approach to deliver blockchain consulting, blockchain validation, and enterprise blockchain solutions using Ethereum, R3 Corda, public and private chain, Quorum, and other technologies. The company helps both startups and enterprises to adopt highly advanced and secure multi-party collaboration by using open and scalable blockchain technology for the growth and success.
The above list includes some of the best blockchain development companies in the USA. Those seeking the blockchain solutions or blockchain development services can reach out to them with their specific business requirements. Before you finalize, it is recommended to check their portfolio and look into client’s testimonials.
Top Blockchain Development Companies in USA 2020 was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.