Would you like to find out where to hire the best blockchain developers in 2022?

Fortunately, you have come to the right place.

According to YourTechDiet, in the next five years, the Blockchain industry will be worth $20 billion.

In 2020, the Blockchain technology market size is expected to reach $3.67 billion globally.

According to Markets and Markets, the Blockchain Industry was valued at $4.9 billion in 2021 and projected to reach $67.4 billion by 2026, at a high Compound Annual Growth Rate of 68.4%.

Blockchain technology has taken the business world by storm, and it’s growing every day.

Blockchain startups and companies are popping up all over the place, so if you own one or are planning to start one, it’s time to hire some of the best and affordable Blockchain developers to help build your “Smart Contracts”, or “Decentralised Applications”.

The Blockchain field is still a niche skill among developers, so it’s critical to know where to find the most qualified Blockchain programmers.

What is Blockchain?

According to Investopedia, “Blockchain is a distributed database or ledger that is shared among the nodes of a computer network”.

Blockchain began in 2008, as a way to power the Bitcoin, which appeared a year later in 2009.

A “Block” is a means of storing data permanently, like a page in a ledger.

Once created, a Block cannot be changed or deleted.

It’s maintained by an online community called “miners,” and when it’s linked with other blocks, you get a “Blockchain“.

Blockchain technology is rapidly being adopted by businesses and organizations as a reliable means of securing sensitive data. 

Blockchain miners earn Bitcoin for their efforts. 

Anyone can become a miner, provided they have access to the right tools and the time to dedicate to the process.

A “Blockchain Developer” is someone who has the technical skills to implement and create applications on the blockchain, also known as dApps.

Another familiar term would be “Smart Contracts”, which are “programs stored on a blockchain that run when predetermined conditions are met” (IBM, 2022).

According to Educative, the technical skills possessed by a Blockchain Developer are typically the following:

Coding skills of a Blockchain Developer in 2022

• Solidity
• C++
• Java
• Python
• Golang
• Javascript
• C#

As such when hiring a Blockchain Developer, you probably need to ask on the aforementioned technical skillsets during the interview.

Now then, where are some places or websites you can hire developers who possess these technical skills or coding languages?

In no particular order, below are 11 top websites in the world to hire Blockchain Developers in 2022.

Top 11 websites to hire Blockchain Developers in 2022

1. 9cv9

2. DevTeam.Space

3. Toptal

4. X-Team

5. Stack Overflow Talent

6. Arc (Formerly CodementorX)

7. Guru

8. Upwork

9. People Per Hour

10. We Work Remotely

11. Hired

1. 9cv9

Of course, we have to do a shameless plug of an advertisement here.

But hear us out first on why we list 9cv9 as one of the top places to hire the top Blockchain Developers.

9cv9 has over the years developed a stellar reputation for finding and hiring the best tech developers for companies.

This includes hiring Blockchain Developers as well.

Some of their successful case studies include hiring Blockchain developers for top Blockchain Startups in Asia, such as:

• Morpheus Labs
• Defy Labs
• HydraX

9cv9 has been so successful in their craft that Enterprise Singapore, a statutory board under the Ministry of Trade and Industry of the Government of Singapore listed them as part of the “Global Tech Talent Alliance (GTTA)” Program

An honour not shared by many tech hiring companies obviously.

Their Tech Offshoring Program is specially designed to help Blockchain companies and startups hire some of the best Blockchain Developers faster, quicker and more reliably.

Try it today to boost your Blockchain hiring endeavours.

2. DevTeam.Space

DevTeam.Space is a community of expert blockchain developers powered by AI.

According to their website, “Companies like Disney, Airbus, NEC, and startups rely on them to build great online products.”

Their expertise covers all key technologies.

The blockchain programmers at DevTeam.Space has experience in every phase of blockchain development, e.g., planning, development, review, etc.

Recruiting some Blockchain Developers at this company is simple and efficient, which saves time.

DevTeam.Space has a proven track record of blockchain development, which is evidence of its consistency and the quality of its programmers.

Here are some examples as listed by them:

1. DevTeam.Space programmers have created an algorithmic trading solution for cryptocurrencies from scratch.

2. DDKoin, one of the largest blockchain networks in Asia, was developed by its blockchain programmers. DevTeam.Space audited the code as well.

3. Medicoin, a blockchain-based web application for the healthcare sector, was developed by DevTeam.Space.

The application manages prescription data, as well as healthcare-related information.

4. DevTeam.Space has built ModulTrade, a blockchain-based platform that connects small businesses to global markets.

DevTeam.Space offers quality, speed, and consistency.

3. Toptal

You can hire a blockchain developer from Toptal, a global remote freelancing platform.

In its early stages, its founders focused on technology talent, but it has since diversified.

Technology remains its priority, however.

Toptal needs to know the details of your project.

It will connect you with blockchain programmers.

Thanks to Total’s simple process, you can expedite your hiring.

But its greatest advantage is its quality and consistency.

Toptal has a rigorous screening process.

This community allows only the top 3% of developers to join due to its various tests.

Blockchain development projects are complex, and you need quality developers.

Thanks to Toptal’s screening process, you might get some high-quality developers.

4. X-Team

You can hire a blockchain developer at X-Team, a well-known technology company.

It is also possible to hire a development team.

Simply get in touch with them and let them know what you need.

X-Team has several advantages:

1. X-Team can provide you with a dedicated team.

2. The X-Team programmers will join your team full-time as you manage the project.

3. The contracting process at X-Team is simple, flexible, and transparent. The billing process is also transparent.

4. The X-Team encourages its team members to grow professionally through comprehensive policies and processes. The company invests in its team members’ growth.

5. Additionally, you will be assigned a dedicated account manager who will ensure the project is on track.

If you hire blockchain developers from X-Team, you get quality, speed, and consistency.

5. Stack Overflow Talent

The Stack Overflow Talent site is part of the famous Q&A site for technology professionals, Stack Overflow.

You can find blockchain developers on Stack Overflow Talent, a job board.

Create a company profile and post a job.

Stack Overflow Talent uses AI-based processes to help suitable programmers find your job listing.

Developers in your area will also see your job posting.

Your job posting gets plenty of visibility on Stack Overflow, which attracts more than 50 million monthly visitors, most of which are tech developers and hence, contain Blockchain developers.

Your job posting might attract many blockchain programmers with relevant experience.

To hire the right developers, you need to interview, select, and hire them.

Candidate messages can be sent as well.

In Stack Overflow for Teams, you can choose an annual billing discount by clicking the toggle button at the top-right corner.

Stack Overflow Talent provided 3 plan packages:

• Basic
• Business
• Enterprise

Also, you can use its “Candidate search” feature to find programmers who meet your requirements.

6. Arc (Formerly CodementorX)

Earlier, Arc was known as CodementorX. Hire a blockchain developer at Arc.

How does Arc work?

1. It receives your project requirements.

2. Arc finds blockchain developers and screens them.

3. Shortlisted candidates are recommended to you for an interview. Arc can also recommend developers from its pool of vetted developers based on your requirements.

4. You choose the candidates.

Arc manages payroll, benefits, and other compliance activities for all new hires. It simplifies the hiring process, providing a big advantage.

You can get high-quality developers with Arc because we screen candidates rigorously. You can hire full-time employees, contractors, and remote teams, and this flexibility is beneficial to you.

7. Guru

Guru is one of the most popular freelancer marketplaces online.

There are many software development jobs on this platform, even though it’s not just for technology professionals.

Guru has a large database of blockchain programmers.

Create a company profile on Guru and post a job to hire blockchain developers.

Shortlist candidates and conduct interviews.

The simple contracting process Guru offers will help you hire the right candidate.

You can hire quality blockchain programmers based on your screening process.

8. Upwork

In addition to being one of the largest freelancer marketplaces, Upwork is also one of the most popular.

It’s not confined to technology, but it certainly has a lot of registered technology freelancers.

Upwork is a great place to find cryptocurrency and blockchain developers.

To post a job, you need to create a profile for your organization.

The large network of freelancers on Upwork becomes aware of your job posting.

After receiving their proposals, you will need to shortlist and interview candidates.

Upwork offers a transparent and easy hiring process.

Payments can also be made securely.

The combination of all of these simplifies the process of hiring a great deal.

You can find high-quality programmers with different levels of experience depending on how you screen candidates.

9. People Per Hour

A popular freelancer marketplace is People Per Hour.

While it’s not restricted to technology professionals, blockchain developers can be hired here.

You can post your job on this freelancer marketplace by creating a profile for your company.

After receiving proposals from freelancers, you must shortlist them and interview them.

The following advantages are offered by People Per Hour:

1. The site has a large database of freelancers, so your job posting will be visible to many candidates.

2. Both experienced and mid-level blockchain programmers are available.

3. This platform allows you to find local blockchain developers.

Using this platform is easy, transparent, and secure.

The process can be completed quickly.

10. We Work Remotely

We Work Remotely is a popular website for finding remote workers.

Although this site is not exclusively for technology jobs, technology jobs occupy a prominent position on this site.

Here you can find blockchain developers for hire.

You will need to create a profile for your organization on this website and post your job.

Due to the fact that many blockchain programmers work remotely, they register on this popular platform.

Many blockchain developers may see your job posting.

Shortlist and interview candidates.

What if you don’t receive enough responses in a month?

If you would like your job posting to appear at the top again, you can pay a fee. You can find high-quality developers on this platform because it is so popular.

11. Hired

Among the most popular job, search sites are Hired.

The site can be used to find and hire Blockchain developers.

On Hired, job seekers create profiles, and employers must create profiles as well.

Then, you can find candidates, interview them and employ suitable programmers.

Moreover, hiring has many advantages, such as:

1. With its powerful algorithms, you can maintain fairness in the hiring process.

2. You can shortlist suitable candidates with Hired’s search function.

3. 14 cities are supported globally. In case you live in one of them, you will be able to find local developers.

4. Lastly, remote professionals are also supported by Hired.

The algorithms of Hired can help you find candidates who have relevant experience.

Salary of Blockchain Developers by country

World-wide salaries for blockchain developers are soaring as demand for Blockchain engineers soars.

CNBC reports that Blockchain developers can earn a salary that is comparable to Artificial Intelligence (AI) developers, and that’s a lot of money.

Therefore, here are some Blockchain developer salaries around the world. The exact geographical location, company size, spikes in demand, and other factors can affect these numbers.

1. The average annual salary of a Blockchain developer in India is over ₹460K (USD 5,778)

2. The average annual salary of a Blockchain developer in the US is over $96K (USD 96,000)

3. The average annual salary of a Blockchain developer in the UK is over £68,000 (USD 79,000)

4. The average annual salary of a Blockchain developer in Singapore is around S$95,865 (USD 69,000)

5. The average annual salary of a Blockchain developer in Canada is $95,000 CAD (USD 73,000)

6. The average annual salary of a Blockchain developer in Germany ranges from $60K to $150K (USD 60,000 to USD 150,000)

7. The average annual salary of a Blockchain developer in Switzerland is USD 180,000 (USD 180,000)

8. The average monthly salary of a Blockchain developer in China ranges from Standard ¥45k to ¥60k, according to the Blockchain Council. (USD 78,000 to USD 103,000)

People also see:

The 4 Best High-Paying Tech Jobs in Singapore in 2022

Remote Jobs. What are they and how to apply for them?

Creating a Django Web Application with a PostgreSQL Database on Windows

A final thought on where to hire Blockchain developers

Ultimately, Blockchain technology is the hottest topic these days, but it is still fairly new, and there are not too many experts.

However, it is crucial to know what your project requires and what kind of people it can handle.

We hope this guide has prepared you well significantly to find the best Blockchain developers for your project.

We finally have reviewed 11 websites in this guide that can help you hire a Blockchain developer.

Accordingly, one of them may be a good match for your project.

Is it too difficult for you to proceed on those websites?

Pro-tip: Contact 9cv9 to help kickstart your hiring of Blockchain Developers today.

The post 11 Best Websites to Hire the Best Blockchain Developers in 2022 appeared first on 9cv9 Career Blog.

While the global blockchain market size is expanding, the programming languages that come with it is also growing. There are hundreds, if not thousands of programming languages out there.

However, not all of them are suitable for blockchain projects.

Before hiring a blockchain developer for your next blockchain project, it’s crucial for you (as a project lead) to know exactly what project you’re doing and what programming language is suitable for it. 

Alternatively, if you are an aspiring blockchain developer looking for your first blockchain coding language to immerse yourself in, then this article will be a good read for you.

Here are seven best programming languages for blockchain development that you should take a note of.

1. C++
2. Java
3. Python
4. C#
5. Solidity
6. Rholang
7. Simplicity

C++

Its multifunctionality which includes moving semantics, advanced multi-threading and other object-oriented features makes it one of the most commonly used programming languages, not only in Blockchain, but across the tech world.

C++ is also known as one of the best programming languages for cryptocurrency development. Dozens of tech companies are currently spending hundreds and millions exploring the field.

Popular blockchain projects like Bitcoin, Litecoin, Ripple and EOS are built based on C++. 

Here are some additional functionalities this programming language offers, according to Appinventiv:

• Efficient CPU management and memory control,
• Ease of running parallel/non-parallel threads,
• Option to move semantics for copying data effectively, 
• Compile-time polymorphism for enhanced performance, 
• Code isolation for different data structures and more.

Java

Java has been a popular programming language as it’s the official language of Android mobile app development. 

Developers often utilize it to build sophisticated Smart Contracts and decentralized applications (“dApps”), which are crucial components of blockchain development. 

The programming language is derived from the C-syntax.

Besides, Java has a plentiful amount of Application Programming Interfaces (APIs), which include many Java classes, packages, interfaces, etc. This comes in handy when constructing applications without necessarily knowing their inside implementations.

Below are some additional features that make Java a popular choice for developing blockchain: 

• Robust support for OOP (Object-Oriented Programming) methodology
• Ease of memory cleaning
• Portability and independence from system-specific architecture

Python

Python is becoming one of the most popular programming languages in the world. In Redmonk, a developer analyst firm tracking on popular coding languages in the world, Jan 2020 report, they found out that Python is ranked as the 2nd most popular language in the world.

Not only those in the STEM stream are learning it, this programming language is commonly offered as courses in schools and universities.

That said, when hiring your blockchain developer, you could definitely expect that your developers have some, if not great knowledge regarding this programming language.

A big advantage of using Python is the large amount of widely available resources. There are dozens of Python libraries, plugins, and other guides available online for almost every problem the developers might encounter during the development process.

On top of that, the object-oriented language is also relatively efficient for prototyping, making it suitable for any small or large scale blockchain projects.

C#

Being syntactically similar to Java and C++, C# is the next best programming language for blockchain development.

Even if it was initially created only as a Microsoft language to substitute Java, it’s now widely used in other program developments.

It is relatively easy to learn, even for developers new to the field, due to how similar it is to commonly-used programming languages. The language comes loaded with features of C, SQL, and .NET frameworks.

Open-source developers can effortlessly design a highly portable code using C#, which will run across all devices and multiple operating systems such as Windows, Linux, Mac, Android, etc. Furthermore, companies like it even more due to its cost-effectiveness, considering that the BizSpark Program supports it.

Solidity

It is currently one of the fastest-growing programming languages for Blockchain. Developers often use the object-oriented programming language to create and implement smart contracts on various blockchain platforms, most notably, Ethereum. 

Solidity is made based on C++, Python and Javascript concepts compiled together to allow developers to write high-level codes that are still easily understandable for machines. This also makes it easier for developers to learn the language with those respective skills.

Other advantages of Solidity includes the following (QSS Technosoft):

• Many developers utilize Solidity in programming smart contracts on other networks such as Monax and its Hyperledger, Counterparty, Burrow Blockchain, Tendermint, and Zeppelin by Digital Currency Group.
• Solidity also supports multiple type-safe functions through facilitating ABI (Application Binary Interface).
• The solidity development allows a secure and reliable process for different platforms involved in settlement or agreement between two members.
• Using contracts, fundraising can be done and can provide solutions for various problems raised like third-party expenses and reduce the cost of managing data.

Rholang

Rholang is another great programming language for smart contract development. What sets it apart from others is how it has a functional approach, rather than an object-oriented one, making it relatively useful in solving blockchain problems. 

This special feature indicates that Rholang evaluates the whole program as a series of functions and solves them sequentially. Which is different from languages like C or Python that use variables for storing data and change the value of the variables with time.

Simplicity

Simplicity is another high-level programming language. Its founders initially developed the language specifically for writing smart contracts. In fact, it is one of the best ones for it for both professional programmers and open source developers.

The programming language is based on Ivy and works like a Haskell-like syntax, making coding relatively more straightforward and effective. On top of that, it’s highly mathematical structure makes it extremely reader-friendly.

Simplicity also focuses on reducing the complications of Bitcoin Scripts. Because Simplicity hides the low-level logical components from Bitcoin developers, it increases developers’ work capacity, which helps create a relatively faster development period.

With that in mind, you should once again be wary of matching the programming language suitable for your blockchain project with the ability that your blockchain developers possess. Contact us for any assistance to hire the best possible blockchain developer for your company. Both local and foreign companies such as Pansonic, Pizza Hut, Bosch, Zalora, Toshiba, LINE, etc trusts 9cv9 in recruiting their best talents.

If you are thinking of hiring your blockchain team, you can now get started for free at 9cv9 Employer Hiring Platform. The platform contains some of the best blockchain developers in the world who are hungry to learn and work on your projects.

Alternatively, if you are looking for a blockchain job, then our innovative job finding application will aid you immensely to pair you up with some of the best blockchain companies. Take a giant leap towards your next job here.

The post 7 Best Programming Languages for Blockchain Projects in 2021 appeared first on 9cv9 Career Blog.

In recent years, Blockchain has become an essential part of a growing number of industries.

Dozens of startups, developing companies and even large institutions invest most of their profits on studying and mastering this young technology.

Experts expect the blockchain industry to be worth $20 billion in 2024 (DotcomInfoWay).

This phenomenon explains the growing demand for blockchain developers.

According to Glassdoor, Blockchain jobs in the US grew 300% compared to the previous year, while the number of Blockchain-related LinkedIn job postings more than tripled over the last year.

This trend indicates:
1. A huge job opportunity for Blockchain developers, and
2. Difficulties for companies to find suitable Blockchain talents.

Over time, the increase in demand might have exceeded the supply of qualified Blockchain developers.

As of 2018, there are only 105,000 Blockchain developers around the world.

That’s a tiny percentage out of the total 18 million software developers.

That said, companies seeking Blockchain talents face many dilemmas when hiring their Blockchain developers, ranging from decisions like outsourcing vs in-house developers, to how much to pay their developers.

If your company is one of them, keep reading!

1. How your company can benefit from blockchain
2. Skills to expect in a blockchain developer
3. Roles and responsibilities of a blockchain developer
4. Outsourcing vs insourcing: Which one is right for your company?
5. Blockchain developer salaries based on country
6. Finding the best candidate for your company

How your company can benefit from blockchain

From healthcare to banking, nearly all companies are trying to implement blockchain into their daily business operations.

Because of its highly secure nature, it now becomes a first resort for any businesses when attempting to solve problems now.

A common benefit of blockchain that’s shared among different industries is the transparency that it offers.

It’s because blockchain records all transactions in a distributed ledger that can only be modified or updated through everyone’s consensus in the network.

This ensures accuracy, consistency and transparency of data at all times.

The fact that it is distributed across an extensive ledger network instead of a single server also makes the data more secure.

This feature prevents the possibility of fraud or any unauthorized activities.

It also saves your company a lot of time that could’ve been spent doing all the paperwork organizing and validating your data.

Skills to expect in a blockchain developer

Blockchain development is currently one of the fastest-growing sectors in the world.

That said, you can also expect your blockchain developers to have a wide variety of skill sets that corresponds to what the market wants.

However, there are some essential critical skills that all blockchain developers share; these include:

• Web development

A core skill that every blockchain developer should know and learn in web development.

That’s because majority of blockchain developers embark on their career by designing basic decentralized applications.

This suggests that the majority of blockchain developers should know the basics of both front and back-end development. 

• Data structure

You could also expect your for your blockchain developer to have an in-depth knowledge of data structures to build a secure and immutable system.

Knowing only about blockchain is not enough, one should also be able to apply this knowledge as they will most likely be tweaking and modifying existing data structures.

• Blockchain architecture

One must be familiar with blockchain’s network function and how it’s built as a blockchain professional.

Besides, you could expect these developers to be well-versed with concepts like cryptographic hash functions, distributed ledger technology, consensus, etc.

• Smart contracts

Smart contracts are increasing in popularity since the introduction of Ethereum. A smart contract refers to a self-executing contract in the form of computer codes.

As they’re running on a blockchain, these contracts are stored in a public database, cannot be changed and can be sent directly without a third party. 

• Cryptography 

Blockchain utilizes many cryptographic methods such as hash functions like SHA256 and KECCAK256 apart from asynchronous cryptography for generating digital signatures.

This explains why blockchain is said to be a conjunction of advanced cryptography and data structures. That said, your developers must be aware of such concepts.

Roles and responsibilities of a blockchain developer

There are two different types of blockchain developers:

1. Core blockchain developer, and

2. Blockchain software developer. 

A core blockchain developer builds a foundation which others will build upon.

They design the security and architecture of the proposed blockchain system.

One of these “others” is a blockchain software developer.

They use the core web architecture built by the core developers to create decentralized apps, web varieties, etc.

Despite having a very different set of roles, according to Betterteam, both developers share similar core responsibilities such as: 

• Collaborating with managers to determine blockchain technology needs and envisaged functionalities.
• Creating application features and interfaces by using programming languages and writing multithreaded codes.
• Applying the latest cryptology techniques to protect digital transaction data against cyberattacks and information hacks.
• Maintaining client and server-side applications.
• Optimizing and securing blockchain applications by integrating new tools and technologies.
• Educating sales personnel on blockchain features that allow secure digital payments.
• Documenting blockchain development processes and complying with best practices in data protection.
• Keeping up with current blockchain technologies and cryptography methods.

Blockchain developer salaries based on country

From learning economics, we know that excess demand and limited supply will result in a high price equilibrium. And that works in the exact same manner for blockchain developers’ salaries. This is good news for blockchain developers.

For companies, you might need to set apart a lump sum to pay your blockchain developer.

Here are some of the average blockchain developers companies can refer to before creating job postings (Source: Simplilearn):

• India: over ₹460,000
• United States: over $96,000
• United Kingdom: over £68,000
• Singapore: around S$95,865
• Canada: C$136,500 and C$78,500 for entry-level positions
• Germany: from $60,000 to $150,000 
• Switzerland: $180,000
• China: from ¥45,000 to ¥60,000 on average, and approximately ¥60,000 to ¥120,000 for managers and directors

Outsourcing vs insourcing: Which one is right for your company?

Blockchain insourcing

According to Investopedia, Insourcing is a business practice performed within the operational infrastructure of the organisation. When a company in-sources its blockchain developers, it will assign the particular project or tasks to someone who is part, or who will soon be part of the company. 

Insourcing is a viable option for a company with enough talent in its current workforce or can find suitable blockchain talents during recruitment. 

An insourced employee signs a long-term contract with the company. As they are recruited, they will become part of the company’s workforce and are bound by everything written on the employment contract. 

Advantages of blockchain insourcing

Improved communication

One of the most commonly faced problems for outsourced projects is communication issues. Because the outsourced team usually works in a separate location from your core team, you might find it difficult to arrange meetings, determine deadlines and plan schedules, etc.

This often leads to poor communication amongst members. 

As such, those preferring in-sourcing blockchain developers find it more convenient to work with them within the same location or at the very least, same geographical city or country. This could be due to them having more control over the blockchain development team.

That way, they can track progress more quickly and make alternate changes should they be needed throughout the project lifetime.

On top of that, majority team members also prefer having face-to-face meetings with their colleagues, mainly to discuss major developments and updates. Doing so allows one to read the other person’s body language and hear their voice’s inflexion, limiting miscommunication possibilities.

Speed of development.

One of the well-known disadvantages of outsourcing blockchain developers is “the 4x rule”. This translates to how it takes four times longer for an outsourced project to reach completion than estimated. 

A common reason behind this problem is improper communication between the company and the outsourced party. Besides, it’s also possible that your project isn’t the only one they are focusing on at the moment. 

This also raises possibilities that your project isn’t on top of their priority list, making development speed even longer.

More control.

If your company decides to outsource, you assign a large proportion of control to your outsourcing blockchain development partners. Hence, you’ll need to rely on them to deliver the quality of the project that you expect. 

As you are most likely not seeing the outsourced team daily, you might also find it difficult to update the project’s progress over time.

This issue can be minimized if you have an in-house development team working for you. As you’ll have complete control of the project, you’ll also be able to conduct periodic quality checks and immediately address problems, should they arise mid-development.

Minimize security issues.

By outsourcing, your company agreed to have your software developed outside your perimeter. In such circumstances, you may have concerns regarding the security of your blockchain product and your intellectual property.

Getting your outsourcing partners to sign an NDA can mitigate this risk. Nevertheless, there may be high security blockchain projects that pose too much risk for outsourcing.

In this case, insourcing might be your only option.

Blockchain outsourcing

Instead of wasting time forming and training a team of qualified blockchain developers, many companies choose to outsource their blockchain development projects to external partners. 

Outsourcing refers to the process of having someone external to your company, that is not your employee, complete a task or a business process. In the context of blockchain, your company will hand over a particular blockchain project to an external party for completion.

Also Read: 7 Activities To Bond Your Remote Team.

Advantages of blockchain outsourcing

A team instead of individual members.

When your company outsources, you are working with a full team of qualified blockchain developers. Your outsourced partner will most likely have all the skills to be on board on the project immediately. Additionally, as everyone in the team has most likely worked with everybody else, your company can limit the team members’ buffer time to adapt. 

When you are chased by time, outsourcing blockchain developers might be your best option. Besides, they can help you shape your project better as well.

Better focus on core business functions.

Nowadays, blockchain is not limited to technology companies—many operating in other industries, such as retail, pharmacy, automobile, finance, etc. are also adopting the rapidly developing technology, 

It’s a lot more efficient for these businesses to spend their time and resources working on something they’re experts at. This is because choosing to do everything yourself might stall your business growth, as the likeliness of project failure and waste of resources is relatively high.

It’s usually advised to outsource everything but your core business processes. This way, you can avoid stress, save money, spend your energy on activities you enjoy, and bring additional business revenue.

Access to more skills and expertise.

Blockchain is a young technology that’s still continuously developing. By outsourcing, you are allowing your company to be exposed to skills not just available in your geographical location, but globally, since many outsourcing partners work remote.

Your outsourcing partners are also likely to have all the needed technologies to carry out your blockchain projects, which might not be available in the location your company is operating in. This allows you to get access to a vast and skilled pool of talents without any geographical limitation.

Cost-effectiveness.

The increase in demand and a limited supply of blockchain developers have increased the cost of recruitment. Besides, there may be some training and development costs needed after your developers are recruited. 

Moreover, outsourcing blockchain developers also allows you to avoid spending on needed equipment and machines to develop blockchain software. Your company can then put more capital into revenue-producing activities, which delivers significant cost saving than the operational cost of in-house blockchain development.

How should you decide?

As we’ve seen above, both insourcing and outsourcing blockchain developers have its own pros and cons. As a company, your biggest question might be which one is the right one for you?

You should outsource if:

• This is your first blockchain project.
• You are running on an extremely tight deadline.
• There’s no blockchain developers on board in your company.
• You are not thinking of doing another blockchain project in the future.

If you choose to outsource, however, do make sure that your partners have the right skills, experience and commitment to provide optimal solutions for your projects. 

Finding the best candidate for your company

No matter insource or outsource, you need to act fast as the technology keeps evolving as we speak.

You can contact us for any assistance in your company’s blockchain developer hiring decision.

9cv9 has been trusted by both local and foreign businesses such as Pansonic, Pizza Hut, Bosch, Zalora, Toshiba, LINE, etc in recruiting the best talents out there.

Go get your free trial to enjoy the features in the 9cv9 Career Platform by clicking here.

The post Everything you need to know before hiring a Blockchain Developer appeared first on 9cv9 Career Blog.