Top Blockchain Technology Companies in 2023
Blockchain is an innovative technology that has the potential to change the world. Today, many businesses are leveraging blockchain solutions to improve the efficiency of their operations. If you are also planning to develop customized blockchain solutions for your business, you may need to partner with the top blockchain technology companies.
Since the launch of Bitcoin in 2009, the world has witnessed massive growth in the popularity of blockchain technology. Blockchain, a form of distributed ledger technology, has made it possible to create decentralized systems that are not controlled by a single entity.
Over the years, we have seen how blockchain can be an excellent fit for many industries, such as banking and finance, supply chain, eCommerce, gaming, real estate, and healthcare. Today, many businesses are investing heavily to ensure they reap all the benefits offered by different blockchain solutions.
As per a report by Statista, global spending on blockchain solutions has increased exponentially from $0.95 billion in 2017 to $6.6 billion in 2021. Moreover, the spending is expected to become a massive $19 billion in 2024. Thus, it’s clear that businesses are quite serious about utilizing blockchain solutions.
It is pretty evident that the demand for blockchain solutions is on the rise as businesses want to adopt blockchain technology. To help out businesses with the same, a number of blockchain development companies have emerged.
If you are on the hunt to find the best blockchain development company, you will discover that the market is flooded with so many companies that you can’t decide which one to go for. AS blockchain is a relatively new technology, not every company has the right experience and a skilled team to develop your blockchain project successfully.
So, what should you do to choose the right blockchain technology company?
Well, there are few companies that have proven track records of creating enterprise-grade blockchain solutions. Here, in this article, we will list the top blockchain technology companies that you should consider for your project.
So, let’s get started!
List of Top Blockchain Technology Companies
Here’s a list of the leading blockchain companies to know about.
1. Teqnovos
Average Hourly Rate: $50 – $99
Team Size: 50 – 249
Location: New York, USA
Teqnovos has established itself as a prominent name in the blockchain development space. The company has 8+ years of experience in developing top-grade blockchain solutions. From blockchain consultation to custom blockchain development and dApp development, the company offers a wide range of services.
The development team at Teqnovos has in-depth knowledge of various tools needed to build robust and scalable blockchain solutions. Moreover, the team is well-versed in developing blockchain solutions for popular platforms, including Ethereum, Corda, MultiChain, Ripple, Solana, Polygon, EOS, Tron, and Hyperledger.
One of the best things about Teqnovos is that they offer their blockchain development services to clients around the world. Additionally, the company follows an agile methodology to develop robust blockchain solutions quickly.
2. ChromaWay
Average Hourly Rate – $50 – $99
Team Size – 11 – 50
Location – Stockholm, Sweden
ChromaWay is a blockchain technology company with expertise in developing blockchain platforms. Founded in 2014, the company has developed several blockchain solutions for businesses operating in different industries. The primary industries that ChromaWay caters to include commercial real estate and finance.
The company has created a relational blockchain and helps businesses develop products and services on that blockchain. Also, ChromaWay assists businesses with the development and deployment of dApps and smart contracts on their relational blockchain.
3. ScienceSoft
Average Hourly Rate – $50 – $99
Team Size – 250 – 999
Location – Texas, USA
ScienceSoft is another IT company that offers end-to-end blockchain solutions. It offers a broad array of services related to blockchain development and ensures quality deliverables. ScienceSoft mainly provides its services for businesses operating in industries such as healthcare, logistics, insurance, and eCommerce.
The company excels in developing dApps, smart contracts, and crypto wallets. Also, the developers at ScienceSoft are well-versed in blockchain platforms like Hyperledger Fabric, Ethereum, and Graphene.
4. Blockchain Intelligence Group
Average Hourly Rate – $50 – $99
Team Size – 50 – 249
Location – British Columbia, Canada
Blockchain Intelligence Group is well known for offering blockchain consulting services. The company specializes in creating blockchain solutions for businesses that want to incorporate blockchain technology in the best way possible. Blockchain Intelligence Group is under the leadership of experts having decades of experience working in the IT industry.
Additionally, the company provides dedicated assistance to businesses that are willing to accept cryptocurrency transactions. Apart from that, Blockchain Intelligence Group traces and analyzes any sort of illegal activities using cryptocurrencies.
5. IntellectSoft
Average Hourly Rate – $25 – $49
Team Size – 50 – 249
Location – New York, USA
IntellectSoft is a software development company that can create custom blockchain solutions for its clients. It also provides consulting services to companies that are looking to adopt blockchain technology. The biggest strength of IntellectSoft is its skilled blockchain development team, which is comfortable working with blockchains like Ethereum, EOS, and Stellar.
Currently, the company offers its blockchain development services to businesses of all sizes. Plus, they have all the necessary knowledge and hands-on experience required to create permissioned and permissionless blockchains, decentralized applications, and smart contracts.
6. LeewayHertz
Average Hourly Rate – $50 – $99
Team Size – 50-249
Location – San Francisco, USA
LeewayHertz is a prominent name among the top blockchain development companies. The company is well-known for designing and developing custom blockchain solutions for several platforms, including Hypeledger, Solidity, Corda, and Tezos. Also, the professional blockchain developers at LeewayHertz are skilled enough to build world-class decentralized applications, decentralized exchanges, smart contracts, and NFT marketplaces.
Businesses looking to leverage blockchain technology can consult Leeway Hertz. The blockchain experts within the company can help to design the user interface and user experience of blockchain applications, deploy them, and carry out regular maintenance work.
7. SheerChain
Average Hourly Rate – $25 – $49
Team Size – 50-249
Location – Kharkiv, Ukraine
SheerChain has become the first choice for many businesses across the world that are interested in STO (security token offering). They offer complete assistance throughout the STO process, right from the development of light paper and landing pages to the development of MVP and project roadmap. Also, they help businesses create custom blockchain-based software by providing a team of experienced blockchain developers.
The company specializes in working with different blockchains, namely Stellar, Ethereum, Hyperledger, and EOS. Moreover, the primary industries that they serve include finance and healthcare.
8. Labrys
Average Hourly Rate – $100 – $149
Team Size – 10-49
Location – Queensland, Australia
Labrys is an Australia-based blockchain development company that creates enterprise-grade solutions for businesses. The primary services offered by them include NFT development, smart contract development, token development, blockchain consulting, and blockchain integrations. The company aims to make it convenient for businesses to adopt blockchain technology.
The company has a good reputation in the market for offering quality services. Moreover, the team at Labrys helps businesses to develop Web 3.0 solutions and the infrastructure needed to support Web 3.0. They provide consulting services to help businesses figure out how can they make the most of blockchain technology.
9. EvaCodes
Average Hourly Rate – $50 – $99
Team Size – 50 – 249
Location – Kyiv, Ukraine
EvaCode is an experienced software development company that offers top-notch blockchain development services. Also, it specializes in the development of mobile applications. Clients looking for personalized solutions for their businesses can go for the custom development services offered by EvaCodes.
The company has a global clientele and offers its services to SMEs and large enterprises. They help businesses with digital transformation and adopt innovative technologies like blockchain. Additionally, EvaCodes aims to provide quality blockchain solutions that can help businesses maximize their operational efficiency.
10. Altoros
Average Hourly Rate – $50 – $99
Team Size – 250 – 999
Location – California, USA
Altoros is a prominent blockchain technology company that offers dedicated blockchain solutions for B2B businesses. They help all sorts of organizations to leverage blockchain solutions to make their processes more efficient and unlock new revenue opportunities. Moreover, they offer various blockchain services, such as consulting, development, deployment, and maintenance.
Altoros has a large and experienced team of blockchain developers having comprehensive knowledge of several blockchain development tools and frameworks. They can develop scalable blockchain solutions for businesses that belong to industries such as insurance, supply chain, energy, and finance.
11. SoftwareMill
Average Hourly Rate – $50 – $99
Team Size – 50 – 249
Location – Warsaw, Poland
Regarded as a reliable blockchain technology company, SoftwareMill helps organizations implement various blockchain solutions into their businesses. Their blockchain developers have extensive experience in developing solutions for various blockchain platforms, including Hyperledger Fabric, Solidity, and Ethereum.
SoftwareMill develops custom blockchain solutions to meet the individual needs of businesses. Moreover, the company is capable of developing enterprise-grade dApps, smart contracts, and blockchain wallets. SoftwareMill also provides comprehensive assistance for ICO (Initial Coin Offering).
12. Deqode
Average Hourly Rate – $25 – $49
Team Size – 50 – 249
Location – California, USA
The next entry on this list of the top blockchain technology companies is Deqode. The company has established itself as a leading blockchain development firm that offers world-class blockchain solutions. The primary industries that Deqode serves include healthcare, supply chain, and finance.
Additionally, the company helps businesses to develop decentralized applications and smart contracts for blockchains like Ethereum and Solidity. Also, Deqode assists companies with all the phases of ICO (Initial Coin Offering), IEO (Initial Exchange Offering), and STO (Security Token Offering).
13. Accubits
Average Hourly Rate – $25 – $49
Team Size – 250 – 999
Location – Virginia, USA
With the ability to build a wide range of blockchain solutions, Accubits is another popular blockchain technology company. They majorly focus on helping businesses with their digital transformation. The blockchain developers at Accubits create custom solutions using blockchain platforms like Corda, Ethereum, Hyperledger, and MultiChain.
Being in the blockchain development business for several years, Accubits knows the ins and out of blockchain technology. The company is fully capable of developing enterprise-level dApps, crypto exchanges, crypto wallets, and smart contracts.
14. Cubix
Average Hourly Rate – $25 – $49
Team Size – 50 – 249
Location – Florida, USA
Cubix is another well-known American company that offers custom blockchain development solutions. It is an award-winning mobile app development firm, and it is known for creating robust mobile apps. Along with providing blockchain consulting, Cubix develops and deploys dApps and smart contracts on the behalf of its clients.
The company also helps businesses to maximize their ROI with the best blockchain solutions. Some of the industries that Cubix empowers with its world-class blockchain solutions are banking, logistics, and fintech.
15. Peiko
Average Hourly Rate – $25 – $49
Team Size – 50 – 249
Location – Kyiv, Ukraine
Peiko is a Ukraine-based IT services company with blockchain development being one of its specialties. Whether a business wants to analyze the market for ideas or check the feasibility of a blockchain project idea, Peiko helps them out. The blockchain experts at Peiko help businesses in every way possible to make the implementation of blockchain technology successful.
The company rigorously tests all the blockchain solutions before deploying them onto a blockchain. Moreover, they ensure the delivery of custom blockchain solutions as quickly as possible.
Factors to Consider While Choosing a Blockchain Technology Company
While searching for the best blockchain development company for your project, it is essential to consider certain factors.
Here are the key factors that you need to keep in mind while choosing a blockchain technology company:
- Total Years of Experience
- Tools and Technologies
- Team Size
- Range of Services Offered
- Client Reviews and Testimonials
- Fees
By having a clear understanding of your blockchain project requirements, you can assess a company’s suitability for the project by considering the aforementioned factors. However, if your blockchain project is still in the ideation phase, you can simply contact a leading blockchain technology company to finalize the project idea and its requirements.
Summing it Up All
Here we reach the end of our list of the top blockchain technology companies that are widely known for their exceptional blockchain development services. If you are interested in empowering your business with blockchain technology, you can discuss the same with one of the topmost blockchain development companies listed above.
