Over the past decade, blockchain development has changed significantly, from a hobby-like project to a well-paid career. And with this expansion of blockchain developments, the increase in cryptocurrencies and the need to integrate technology into all business fields, finding skilled blockchain developers has become a difficult task, making it nearly impossible for any small- to medium-sized business to hire an in-house developer.
Businesses are in a constant struggle to grow revenues and financial returns, decrease expenses and find new opportunities in trends. Increasingly these days, they are looking to blockchain technology for these solutions and to improve business processes, data management, security, identity management and boost financial performance. Blockchain technology provides a widely tested and proven platform with the ability to decrease IT infrastructure and increase up-time and security.
As there are very few competent blockchain developers in the world, and most are already working on their own projects, any developer with even limited experience gets recruited immediately. Blockchain technology is constantly growing and changing so quickly that, with no formal educational organisation, any developer entering the industry would be learning on the job – which can take years – and may never provide a return on investment.
Because of these setbacks, the best option is to hire an experienced blockchain development or consulting company. Before hiring, one needs to conduct research and assess the risks involved. Some individuals and companies calling themselves blockchain experts often tend to have little to no experience and are only focused on their own financial gain.
To get the best ROI from an exploration into using blockchain technology for your business, you need to find a blockchain partner that has:
- Proven experience.
- Existing blockchain applications and products that work
- A working team that has the capacity to take on your project
Blockchain Foundry Inc (CSE: BCFN), now one of Canada’s leading blockchain start-ups, is one of the most recent companies listed on the CSE (Canadian Securities Exchange). BCFN has some of the most experienced blockchain developers in the industry, with proven experience going back to 2013. Blockchain Foundry, led by CEO Dan Wasyluk, has recently increased its current team to 15 developers and is continuing to grow.
Blockchain Foundry develops on the revolutionary Syscoin platform, providing products and services which it has built and tested. Providing expertise to organisations looking to understand how they can better leverage blockchain technology, BCFN creates custom solutions for any business use-case. Working with platforms using blockchain technology ensures that critical data exists as a shared and continually reconciled database.
For your business, this means that information on the blockchain isn’t stored at a single location – keeping records public and versatile decreases the ability of hackers to corrupt a single application.
Having existing, working, real-world blockchain applications such as Blockmarket (an application which harnesses the world’s first decentralised marketplace, built on the Syscoin protocol), Syscoin API (a tool that allows any developer to include blockchain-based hardened-smart contracts to their software) and the Price Peg server (a fiat conversion tool that lets users set a fiat value to their goods and services) allows Blockchain Foundry to increase efficiency and provide cost-saving services to your company. Leading the industry with a strong development team and the continuous launch of new products and services, Blockchain Foundry has the combined knowledge and expertise to provide results.
The Blockchain Foundry team is friendly, knowledgeable, open and available for consultation or development.