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Top 10 Blockchain Development Companies by Idealogic

Artem Zaitsev
·
January 11, 2023

For startups to become successful, it is critical to launching the MVP (minimum viable product). It allows you to test at least two main points. First, with the MVP, you can gather clients’ reviews and consider their reactions straightaway. Second, you can analyze whether this idea will last on the market and if it is worth the time for development. 

The MVP marks a transition from the idea to the reality. It is crucial to choose the right software development company at this stage. At first, they can consult thanks to their experience and knowledge. Later, they will be the ones who add new options, fix the bugs, and ensure a top-notch client experience. Finally, the product the developers will leave you with will be the one all your team will work on in the future. As this cooperation is a long-term process with a significant outcome, a development firm must be a reliable partner. 

Choosing one may be difficult due to the diversity of the market, especially when it comes to blockchain software development technology. It has already proved its many safety and transparency advantages. Therefore, there are many blockchain software development outsourcing companies, or at least there are firms that use some blockchain tools.

Considering the importance of the experienced firm for launching the MVP and all the further stages of product development, we’ve decided to share some tips on finding the best blockchain software development company.

Selection Criteria for the Best Blockchain Software Development Company

To ease the selection process of a suitable firm, we formed a list of the Top 10 Blockchain Development companies, taking into account the most important metrics such as:

  • Reviews include evaluation of the former clients. Sometimes there are details about the working processes and communication specifics that help to understand the compatibility.
  • Experience. New companies may be more open for unusual projects, while those that began earlier have a wider range of cases and can do consulting services.
  • Cases. If a company has prominent cases on blockchain technologies, it is a win.
  • Clients tell about the type of businesses, with whom a company cooperates (small, midmarket, enterprise), and show the variety of industries.
  • Market presence is about the location, all the company’s communication through the site, social media, references by other industry’s players and media.

Let’s look closer at what we’ve got.

Peiko blockchain development company

With the market presence for 6+ years, Peiko has done many projects, for example, Cryptocurrency-related apps like Bitcoin Additional, IGT-Crypto, and Quan2um, price aggregators like Uni-trading, or custom electronic commerce web application Stark. Besides fintech and e-commerce, Peiko is also a blockchain IoT software development company that is open to developing products using blockchain for the public sector (voting systems, land registry transactions via Smart Contracts), notary, and data registries as well. The company focuses on transparent UI/UX design, a full QA cycle, and unique solutions for Blockchain Software Development challenges, among other things. Peiko offers consulting in the beginning and maintenance services after the deployment. The firm also works with other development services. They work on three cooperation models: time & material, fixed price, and monthly salary + fee, which leaves it up to you to choose the most suitable variant for collaboration. 

Peiko chiefly cooperates with small businesses but has experience with midmarket and enterprise too. The headquarters is in Kyiv. The other offices are in London, New York, Ottawa, and Tel Aviv. Peiko has been awarded by Clutch, Goodfirms, and DesignRush.

Idealogic Blockchain IoT Software Development Services

Since 2016, Idealogic has been working with a wide range of requests using blockchain software development technology, namely:

The company offers utility study together with auditing and consulting in the beginning. It pays attention to UI/UX design in the early stages providing full-cycle development later. The company is familiar with other software development technologies besides blockchain too. Idealogic successfully integrated such 3d parties as Fireblocks, Trulioo, KYCAid, and Nebula ECN. The firm chooses reliable, up-to-date tools to implement its projects, such as Solidity, Quorum, Algorand, Tron, Hyperledger Besu, Polygon, BSC, and Ethereum.

Among Idealogic’s cases, for example, are AIBook.art for generating unique NFTs with random quotes of the world’s best authors, Planetcoin for cryptocurrency management, Swissy for crypto assets control in all-in-one banking app, crypto assets dashboard BitHolder. Check out more Idealogic cases for different industries.

The main focus is collaboration with small businesses and the midmarket. The headquarters is in Tallinn, and another office is in Wroclaw (Poland).

EvaCodes

EvaCodes has been working since 2019. It focuses solely on web3/blockchain solutions and promises to deliver Web3 MVP in two months. The vast majority of the projects are in decentralized finance (DeFi), decentralized exchanges (DEX), centralized exchange (CEX), and EVM. Some examples are in other spheres, like Metaverse/NFT, Gamefi, and crypto wallet.

EvaCodes offers maintenance services after the release. It also proposes cooperation between the in-house team and their web3 team to guarantee the best results possible. You may choose to cooperate in a time & material form or a fixed price.

EvaCodes predominantly cooperates with midmarket businesses and less with small businesses and enterprises. It works within five time zones because it has locations in different places: Miami (headquarters), Kyiv, Yerevan, and Tallinn.

SotaTek JSC Using Blockchain Software Development Technology

With 7+ years on the market and hundreds of projects, SotaTek works with a public and private blockchain, NFT marketplace, DEX, blockchain game development, E-Wallets, POS applications, and launchpad white label solutions. The company has partnerships and investments with more than ten companies in the industry, namely TomoChain, PolkaFoundry, XinFin, and others. Sotatek covers maintenance service for 3-6 months after the release. 

Unlike previous blockchain software development outsourcing companies, Sotatek collaborates with midmarket and enterprise more than small businesses. It is located in Hanoi. The reputation of Sotatek is recognized and ensured by many industry awards.

Suffescom Solutions

For 13+ years, Suffescom Solutions has been working with banking, healthcare, supply chains, insurance, e-commerce, gaming, logistics, governments, education, and informational technologies. The company has successfully launched above 50 projects, and 130+ are yet to come. Suffescom Solutions provides usual blockchain services: Metaverse, Web3, Play 2 Earn, private blockchain, crypto wallet, DApps, smart contracts, launchpad, hyper ledger, DAO, and farming. They focus solely on blockchain technologies. The firm allows hiring on an hourly, weekly, or monthly basis.

Suffescom Solutions works mainly with midmarket, less with small businesses and enterprises. The headquarters is in California. Some other office locations are in Mohali, Singapore, and Dubai. The company’s cases have impressive coverage in various media, for example, Business Insider, CBS, Fox, and others.

Newwave Solutions Dealing with Blockchain Software Development Challenges

Since 2011, Newwave Solutions has been providing services for various businesses. The firm offers initial consulting services before development. More than 70% of developers have 3+ years of experience. They work with NFT, smart contracts, DApps, and public and private blockchains. As a blockchain IoT software development company, Newwave Solutions offers three cooperation models differentiating by client’s control, flexibility, and requirements. It can be fixed-price collaboration, extended team, or time & material-based participation. 

Newwave Solutions is more focused on providing services to midmarket and enterprise. The company cooperates with small businesses less. Newwave Solutions headquarters are in Vietnam, but the company can adjust to the customer time zone (at least 4 hours of overlapping times). Another location is in Bunkyo City, Japan. The company has gained recognition both in Vietnam and worldwide.

4soft

4soft core specialization is blockchain. It has 6+ years of experience providing:

  • project outsourcing — building the app from scratch
  • team extension — offering blockchain specialists to improve the existing team of developers
  • consulting — analysis, audit, infrastructure review and safety, usability, and efficiency tests as a one-time session or regularly

4soft helps with smart contracts, tokens, DApps, DEX, farming, and many more services. They cover such industries as financial and business services, eCommerce, healthcare, telecommunications, transportation, arts, and manufacturing. Some of the client’s cases are featured in The Wall Street Journal, Blockonomi, Forbes, and Portal Crypto.

4soft is involved in business chiefly with midmarket and small businesses, while enterprises have a relatively small part. The headquarters are in Wrocław, while another office is in Dubai. The company made it to the top 4 blockchain software development outsourcing companies, according to Clutch.

PixelPlex

PixelPlex spread its expertise in fintech, supply chain management, healthcare, eCommerce and retail, social media, real estate, and gaming. For 9+ years on the market, the company has launched 80+ blockchain projects. With various technology platforms and stacks, the firm along with the others provides many blockchain IoT software development services, namely DApps, DeFi, tokens, NFTs, smart contracts, Gamefi, cryptocurrency exchange development, crypto wallets, etc. The firm covers both consulting and development. Microsoft, Oracle, BMW, Kakao, and QTUM are among their clients.

PixelPlex is focused on cooperation with midmarket and enterprise, to a lesser extent with small businesses. The headquarters are in New York, while other hubs are in Warszawa, London, Dubai, and Pfäffikon.

Infograins

Infograins has been on the market for 8+ years, providing solely blockchain IoT software development services, like DeFi, DApps, NFTs, Metaverse development, Play 2 Earn, and crypto exchange. They work with various industries, for instance, multichain, supply chain, finance, transportation and logistics, healthcare, insurance, and procure to pay. Infograins also offers free consultations about web3.

Infograins works chiefly with an enterprise. Small businesses have a significant part, while the midmarket is less involved. The headquarters are in New York. Numerous other locations are on all sides of the world:Europe, South America, Asia, Africa, Australia.

Solulab

Founded in 2014, Solulab, like the companies above, covers blockchain IoT software development services within blockchain networks, everything linked with smart contracts (development, audit), cryptocurrency exchange, wallets, development, NFT-tokens, marketplace, games, Metaverse development and Metaverse games, web3, DApps, DeFi, etc. It provides maintenance and customer support services after the deployment. The firm has an appealing proposition — the first 15 days of blockchain development services are free. During this time, there is a chance to discover their work processes. Solulab has already launched more than 1500 products. Walt Disney, Goldman Sachs, Mercedes Benz, the University of Cambridge, Georgia Tech, and more are among the company’s clients.

Half of the cases fall on midmarket, enterprise, and small businesses receive less. The headquarters location is in Los Angeles. There are also offices in India, Canada, and UAE. 

This list of blockchain software development outsourcing companies chosen by us is not in any way ultimate. As was mentioned above, the diversity of blockchain companies shocks. Of course, there are a lot of other firms beyond this rating that can help to deal with all kinds of blockchain software development challenges. Even when the choice has already been narrowed to ten, it may be hard to decide.

Some More Blockchain Software Development Challenges Before the Final Decision

Some additional but crucial factors can dispel doubts when it is time for a final choice. Such details as the number of blockchain specialists, the company’s project-management stack, communication style, and blockchain software development technology stacks may help to settle.

If you want to get your product on time, pay attention not only to the size of the whole team but double-check how many blockchain professionals the company has, as they are the ones who will do your project and be responsible for meeting deadlines.

Also, check project management tools the workers use to organize the teamwork. Get to know how communication between you will look, especially if a company location is in a different time zone. Again, look closely at how the company deals with the employees.

Finally, blockchain software development technology stacks are decisive. With a wide range of instruments and platforms, not every company knows how to work with all of them. The firm may seem perfect but lack the necessary blockchain software development tools to implement your product. If a company has a high level of expertise, it will recommend alternatives. When this is not the case, it is better to continue seeking the right one.

If you are looking for a blockchain software development company that can consult and prove their expertise with numerous cases, feel free to reach Idealogic blockchain developers team.

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