How to Hire a Blockchain Developer: A Complete Guide

If you’re looking for a blockchain developer hire, you might feel like you’re running out of options.

Blockchain isn’t slowing down in 2024. Decentralized finance (DeFi) is still sizzling, but blockchain’s reach is exploding into new areas. Analysts predict the global market will hit a mind-blowing $1.2 trillion by 2030, growing a crazy 82.8% each year. What does this mean? Buckle up, because the demand for blockchain developers is skyrocketing!

You’ve probably heard blockchain developers are in high demand and getting paid well. But what if you can’t find one? Or what if you do find one but need to gain the experience or skillset that would make them a good fit for your company?

Blockchain is still new, so many people are just learning about it. It can be challenging to find someone who knows their stuff and has experience working with technology. That’s why we created this guide—to help companies like yours find the right person for the job.

Types of Blockchain Developers 

Blockchain developers are the people who create applications using blockchain technology. They make the blockchain more efficient and secure by providing better tools, solutions, and services. As the demand for blockchain developers has increased in recent years, they now earn a good amount of money in their respective fields.

There are two main types of blockchain developers:

1. Core Blockchain Developer

The core of any blockchain system is its consensus mechanism, which determines how nodes agree on the state of the system. This can be done using a simple proof-of-work algorithm or more complex consensus algorithms like proof-of-stake or delegated proof-of-stake (DPoS). Core blockchain developers are responsible for developing these consensus mechanisms and writing code.

2. Blockchain Software Developer

A blockchain developer is a software developer who uses blockchain technology to create decentralized applications (DApps). They may also be called a crypto developer. They use the blockchain to create smart contracts and other decentralized applications.

Blockchain developers can work for companies that develop blockchain technology or startups that want to create their DApps. In either case, they will need to understand how the blockchain works and how it can be used in various situations. This requires a solid understanding of cryptography, databases, networking, and other relevant fields.

4 Reasons to Hire a Blockchain Developer

Blockchain is a digital ledger that stores data and records transactions. It’s best known as the technology behind cryptocurrencies like Bitcoin, but it can be used for much more. Blockchain can execute smart contracts, track items, or even provide digital identities for people and objects.

Blockchain developers are in high demand as companies look to integrate this new technology into their existing systems. Here are some reasons you should hire a blockchain developer: 

1. Reduced Fraudulent Activities 

The blockchain creates a permanent, immutable record of all transactions made on it. This makes it difficult for fraudsters to make multiple copies of the same transaction and claim them as their own. It also makes it more difficult for them to commit identity theft by copying someone else’s address or ID details.

2. Streamlined Processes 

Blockchain can be used to streamline your processes. For example, if your business has multiple offices worldwide, blockchain can help you streamline your supply chain management process. It will help you eliminate paperwork and unnecessary manual work, saving time and money for your company. You could also use blockchain to manage customer information or employee records more efficiently.

3. Reduced Costs 

Blockchain technology allows for cost reductions by eliminating the need for third-party intermediaries such as banks and payment processors. There will be no third party involved in transactions between two parties, so there is no need for an intermediary to verify and authorize the transaction.

Blockchain developers can also help you reduce costs by making your processes more efficient and automated. They can also help you create new business models that will generate more revenue than ever with less capital investment.

4. Enhanced Data Security 

Blockchain technology provides enhanced security for data because it is decentralized and distributed across all users with access rights to the network. In addition, the data is encrypted so that only those with a private key can access it. 

Each block contains a timestamp and other information that allows it to be traced back to previous blocks on the chain, making it possible to trace any changes made or attempted once a record has been created on the system.

Things to Consider Before Hiring a Blockchain Development Company

With so many blockchain development companies, getting lost and failing to find the right one for your project is easy. To help you make an informed decision, here are seven things to look for in a blockchain development company. 

Also, check out some other traits that will help you during your search for blockchain developer hire:

1. An experienced team of developers

You want to ensure that your blockchain development company has an experienced team of developers who know what they’re doing when building a decentralized application (DApp).

They should also be able to provide references from previous projects they’ve worked on and show evidence of their skills in the form of prior work they’ve done or testimonials from clients.

2. A strong portfolio

A blockchain project can be complex and challenging, so it’s essential that the team has experience with similar projects. Look at their portfolio and see if they have worked on projects similar to what you want to accomplish. Ask them about their experience with other technologies and how it will translate into blockchain development if they haven’t.

3. A transparent business model

The next thing that you should look for in a blockchain development company is transparency. A good blockchain development company will always fully disclose all its activities, including the number and types of projects they have worked on, its success rate, and much more. They should also provide details about their team members so you can judge whether or not they have the required experience for your project.

4. A commitment to open-source technology

Blockchain is an open platform, so any development companies you work with should also have an open-source policy. This means they will share their code and allow others to see how it works and improve it if they want to. This allows them to build trust between the two parties and shows that their team is committed to creating a safe environment for everyone who uses their product or service.

5. Expertise in your industry vertical or use case

A good blockchain development company will have experience building enterprise-grade applications in your industry vertical. If you’re looking to build an application specific to healthcare, for example, you want to find a company that has built applications similar to yours in this space. This is especially true if the application stores sensitive data on blockchains.

6. A comprehensive list of services offered

This is another one of the most important things anyone should be looking for in a blockchain development company. A good blockchain development agency will have a well-defined list of services that they can offer to their clients. You should check if the service provider has expertise in all aspects, including ICO development, smart contract development, token integration, etc.

7. A reasonable price point

Blockchain is still a relatively new technology, so developing these projects in-house can be challenging and expensive. However, plenty of vendors out there offer their services at affordable prices and can provide quality work. If you’re looking for an outsourced blockchain development company, make sure they have experience with your industry or vertical and can provide references from past clients. 

Best Practices for Hiring Blockchain Developers 

When it comes to hiring a developer, there are several questions you need to ask yourself. What skills do they have? What experience do they have? Are they familiar with the technology you want them to work on?

However, these are only some things you should consider when hiring a blockchain developer. Here are some other factors that will help you land the right candidate:

1. Know what your business needs from a Blockchain Developer

Before you even think about hiring blockchain developers, you must know what your business needs from them. For example, if you want your employees to be more efficient and productive, you need to find someone to help. However, suppose you want to improve your security systems and ensure that no one can access confidential information on your platform. In that case, this will require another set of skills altogether.

2. Know how much time it takes to build a Blockchain App

One of the first things you should ask yourself before hiring blockchain developers is how long it will take them to build an app on top of their platform. This will help you plan and avoid surprises when it comes time to pay them for their services.

3. Get an idea of what skills are needed

Another familiar mistake companies make is having unrealistic expectations of what they can expect from their developers. You need to understand what type of skill sets are required for your project so that you can find the right person for the job. If you want someone with experience working with specific technologies or programming languages, mention this upfront.

4. Set clear expectations

It’s crucial that both sides know exactly what’s expected from each other during this process. This includes setting clear goals on both ends — meeting deadlines or ensuring quality code — and defining what happens if something goes wrong (e.g., termination).

The Best Places for Blockchain Developers Hire

If you want to build a blockchain-based application or website, you need to hire a blockchain developer.

The demand for such developers is high in the market today, and if you want to hire one, you have to look for them carefully. You can find them in various places depending on your requirements and budget.

Here are some places where you can find these developers:

1. Job Websites 

Several websites list blockchain jobs. Some are generalist sites, and others specialize in a particular position.

Here are some sites to check out:

• AngelList – This startup-focused site is one of the best resources for finding blockchain jobs. It lists over 500 blockchain-related positions, including technical and non-technical roles like marketing and sales. One notable feature is that you can search by location and experience level to narrow down your search.

• LinkedIn – An excellent resource for finding blockchain professionals, LinkedIn has thousands of profiles that include their skills, experience, and education levels. You can even join groups specific to the technology or industry you’re looking for.

• Glassdoor – Glassdoor allows users to rate companies based on their work experience through anonymous reviews. If you’re looking for feedback from current or former employees about working conditions at a particular company, Glassdoor is a great place to start.

2. Recruiting Agencies

If you’re hiring a large team of blockchain developers at once, a recruiting agency may be able to help you find them. Recruiters have access to candidates who haven’t advertised their availability and can often help place candidates in jobs quickly. They also have experience with sourcing candidates for specific roles and companies. On the other hand, recruiting agencies charge fees on top of what you pay your new employees and may not be able to deliver the skill level or experience that you need.

3. Outsourcing Companies

The best way to find a blockchain developer is by outsourcing your work to a company that specializes in finding developers for companies that need help with their projects. 

If you’re thinking about outsourcing your blockchain developers, here are a few reasons why you should.

1. You don’t have to hire expensive staff for research and development. Most companies are doing their best to stay afloat right now, so they don’t want to take on more overhead by hiring more employees.

2. You can get top-tier talent without paying top-tier prices. It’s hard to find people who are both qualified and affordable when it comes to blockchain development. Outsourcing allows you to get both!

3. You’ll have more time for other projects—like growing your business! The blockchain is an exciting new field that can be tough to keep up with, so it’s nice not to worry about keeping up with the latest trends by yourself.

Here are some of the best companies for finding blockchain developers:

1. Idea Usher 
2. Toptal
3. X-Team
4. Stack Overflow Talent
5. Blocktribe
6. GitHub 

4. Freelancing Websites 

Freelancing websites are an excellent place to look for blockchain developers. There are many websites where you can post your job and wait for freelancers to apply.

However, some things could be improved with this approach as well. You must review each application and find the right person for the job. The other problem is that there are many fake profiles on these websites, making it difficult to find quality talent.

5. Blockchain Communities 

These communities are full of people who are enthusiastic about cryptocurrency and blockchain technology in general. If you want to learn more about this topic or get help from someone already knowledgeable about it, then joining such groups will be helpful for your project and your knowledge regarding this field of work.

Blockchain Development Process Followed by Idea Usher 

Our blockchain app development process is designed to maximize your ROI. We will work with you to build a blockchain application that meets your business goals and objectives. The process is guided by the following steps:

1. Blockchain Strategy

We start with a strategy that takes into account your needs and goals for the future. We work with you to determine how blockchain can help you achieve those goals. Then we develop a plan to implement it. This includes research into any legal issues you might face, such as whether or not your customers need to be informed that they’re using a blockchain-based app.

2. Proof of Concept

It allows us to determine what your company needs and whether or not blockchain technology can be used to solve your business challenges. We use the POC to determine if your company will benefit from blockchain technology and how much time and money it will take to implement it.

Our team will work with you to create a proof-of-concept prototype to show you how we can use blockchain technology to solve your business issue.

3. Technology Selection

The next step in the process is to select the right blockchain technology for your project. You can choose between public, consortium, or private blockchains. The choice depends on the type of application that you want to build and how much control you want over it.

You must choose a public blockchain platform like Ethereum or Hyperledger Fabric to create a public blockchain app. These platforms allow anyone with an internet connection to send transactions and participate in consensus processes. Private blockchains are best suited for closed networks where only a pre-selected set of participants are allowed access. This could be used for an enterprise network with specific roles for all participants or as a permissioned ledger within a company.

4. Design and Development

We designed our product prototype based on our research and analysis results. This includes creating a user experience flowchart and wireframing and designing mockups for each screen of your product. We do this to know exactly what needs to get built and what it should look like when it’s done so that there aren’t any surprises later on during the development process (which happens very often).

Once the design part is over, we start working on building an MVP (minimum viable product). This helps us test our assumptions about how people will use your app before it goes live in the market. During this phase, we test out different aspects of the application, like security, scalability, etc., so that when you launch your application in the market, you don’t face any issues later on down the line.

5. Testing, Auditing, and Launch

In this phase, we will test your idea with a prototype and ensure it is feasible and viable. We will also give valuable feedback that will help you make necessary changes in your business strategy or product design.

The auditing phase consists of two parts — a security audit and an architecture audit. Security audits check if your system is vulnerable to any cyber attacks, while architecture audits check if your application meets all the technical requirements of your business model. 

6. Post-Launch Support

The last step in the app development process is post-launch support. This is when we ensure your users get the most out of their experience with your app. We provide updates and fixes as needed, help with marketing and branding efforts, and ensure that your app meets all of its goals.

Our team will be available to answer any questions or concerns you have about the development process and can work with you on updating your app as needed.

What Do Idea Usher’s Blockchain Developers Offer?

If you are looking for a blockchain developer or a team of developers to make your idea come true, there are several things that you need to consider. This is because choosing the right blockchain developer can help you achieve your goals and increase your chances of success.

Idea Usher is a leading blockchain development company in India. We offer a full range of blockchain solutions for companies looking to enter the blockchain space. Here are some of the reasons why you should choose us. 

1. Extensive Expertise in Blockchain 

Our team has extensive expertise in building enterprise-grade blockchain applications using Hyperledger Fabric or Ethereum platform. They can help you make your blockchain application or integrate your existing system with a decentralized ledger. Our experts are well-versed in Solidity language and other smart contract programming languages. We also provide training sessions to our customers to help them understand how to use this technology effectively in their respective fields of work.

2. Experienced Quality Control Team 

We have a professional team of quality control engineers to ensure that the product meets your requirements and is delivered on time.

We provide you with weekly updates on the progress of your project so that you can see how it is going. Our team will work closely with you to ensure that we are meeting all of your requirements and deadlines.

3. Agile Development 

Our team of blockchain developers works in a highly collaborative and collaborative environment. We use agile methodology to deliver your project. Our developers work in fixed-length iterations (we call them sprints). You can see the progress of your project at any time. You will receive frequent deliveries and will be able to influence the direction of your project.

4. Blockchain Consulting

We can help you identify potential applications for blockchain technology in your company and develop a strategy for implementing it successfully. Our experts will work with you to create customized solutions tailored to your needs and goals.

5. Blockchain auditing and testing

We’ll ensure that the software is ready for deployment and meets all industry standards by performing thorough audits and tests of the product’s security, scalability, and efficiency before it goes live on the market or is used in production.

Connect with us to learn more about blockchain development and how you can proceed with blockchain developer hire. 

FAQs

Q. How much does it cost to hire a blockchain developer?

A. The cost of hiring a blockchain developer depends on a few factors. The most crucial factor is how much experience they have. A blockchain expert will cost more than someone who has just been learning for months.

Q. How to hire a blockchain developer?

A. Here is a step-by-step process you can follow for blockchain developer hire:

1. Decide on the project scope

2. Make a list of potential candidates

3. Prepare an interview plan

4. Interview them

5. Hire someone.

Q. Where to hire blockchain software developers?

A. You can employ blockchain software developers from a variety of places. Find them on LinkedIn, Fiverr, Upwork, and many other freelance sites. Another option is to outsource your blockchain development needs by hiring Idea Usher’s blockchain development. 

Q. What are the responsibilities of a blockchain developer?

A. The duties of a blockchain developer are as follows:

-Develop, maintain, and improve the blockchain network.

-Be able to design and implement new features based on the requirements of the business management team.

-Have knowledge of the different blockchains available, such as public or private ones.