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Blockchain enables transactions that are safe, open, and untouchable. This makes it perfect for a variety of applications, including supply chain management and financial services. After crypto currencies gained substantial popularity, blockchain technology has become one of the most important tools for changing enterprises. The potential of the blockchain is now being investigated by many large and medium-sized organizations to take their businesses to the next level. Based on in-depth research, we have created a list of the top 12 blockchain development companies to watch in 2024.

1. Sphinx Solutions 

This is a blockchain application development company that offers end-to-end blockchain development services such as consulting to smart contracts development, decentralized application development, wallet development, private blockchain development, crypto exchange development, and much more. With more than 12 years of experience in the IT industry, we have deployed many blockchain solutions for our clients.

  • Rating: 4.5
  • Avg. Hourly Rate: $25 – $49 / hr
  • Employees: 50-250
  • Established: 2010
  • Location: US, India

2. Hyperlink InfoSystem

The company builds the top blockchain-based products for several domains. They provide blockchain tools to assist with practical issues that businesses confront. This blockchain development company provides blockchain solutions that are dependable, safe, and open. According to the needs of the customer, they offer customizable custom development modules. The firm offers the very best in online and mobile app development, IoT development, AR/VR, Blockchain, Salesforce development, AI solutions, Big Data Analytics, CRM Solutions, & much more.

  • Rating: 4.8
  • Avg. Hourly Rate:$25/ hr
  • Employees: 250-999
  • Established: 2011
  • Location: US, UK, India, Australia, UAE

3. ConsenSys

They are one of the leading Ethereum blockchain development services providers. They provide blockchain development services for settlements, decentralized finance, asset management, institutional financial markets, and transactions in global trade and commerce. Millions of people utilize their products, which include Codefi, Quorum, Metamask, Diligence, Truffle, Infura, etc.

  • Rating: N/A
  • Avg. Hourly Rate: $50 – $99 / hr
  • Employees: 250 – 999
  • Established:2014
  • Location: US

4. Coinfabrik

Since the advent of cryptocurrencies, Coinfabrik has gained expertise in the blockchain thanks to its experience in developing and evaluating security solutions. The services offered by this cryptocurrency development company include creating product requirements, UI and UX, QA, application development, deployment in a hybrid cloud environment, and ongoing support. The company provides blockchain & other decentralized services to several enterprises across the world.

  • Rating: N/A
  • Avg. Hourly Rate:$100 – $149 / hr
  • Employees: 10 – 49
  • Established: 2014
  • Location: Argentina

5. Labrys

As the leading blockchain & Web3 product development firm, Labrys places a high value on offering top-notch customer service. To achieve this, the team is proactive and consistent, upfront in handling client expectations, and timely in its communication. It helps business owners with idea validation, quick scalability, and iterative product-market fit analyses. Additionally, it provides technical advice to enterprises, which includes developing commercially viable solutions and reviving obsolete systems to increase output and decrease waste.

  • Rating: 5
  • Avg. Hourly Rate: $150 – $199 / hr
  • Employees: 10 – 49
  • Established: 2017
  • Location: Australia

6. TechGropse

The mission of TechGropse, a world-class blockchain software development company, is to offer the finest solutions for emerging businesses and well-established corporations. You will encounter a group of committed specialists at TechGropse who make it a point to satisfy all of their clients’ and users’ needs. As the leading brand, they have been serving several industries such as car booking, real estate, healthcare apps, & many more.

  • Rating: 4.8 
  • Avg. Hourly Rate: $25 – $49 / hr
  • Employees: 50-249
  • Established: 2015
  • Location: US, UK, India, UAE

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7. LeewayHertz

With extensive expertise in cloud services, augmented and virtual reality, artificial intelligence, IoT, and blockchain development, LeewayHertz is a pioneer in these fields. The business has been creating business apps for more than 10 years. From blockchain consultation to user interface and design to blockchain implementation, upgradation, support, and enhancements, LeewayHertz offers comprehensive blockchain solutions.

  • Rating: 4.7 
  • Avg. Hourly Rate: $50 – $99 / hr
  • Employees: 50-249
  • Established: 2007 
  • Location: US, India

8. Innovecs

A fast-growing blockchain app development company, Innovecs works to take businesses to the next level. It emphasizes cutting-edge technologies like blockchain, deep learning, AI, big data, and IoT. The company specializes in developing blockchain applications, distributed documents, money transfer services, loyalty programs, and corporate cryptocurrency systems. With a team of full-stack specialists, Innovecs has expanded its commercial activities around the globe. It helps web development companies minimize costs and grow internationally. 

  • Rating: 4.7 
  • Avg. Hourly Rate: $25 – $49 / hr
  • Employees: 250 – 999
  • Established: 2011
  • Location: US, UK, Australia, Ukraine

9. Altoros

The goal of Altoros is to assist organizations in making the switch from antiquated IT to modern technologies. They have supported the development and delivery of scalable apps for their clients ever since the dawn of the cloud-native era. Altoros exploits the cloud and digital growth of the Cloud Foundry ecosystem to offer trustworthy products to enterprises. They provide a variety of technologies, including big data, artificial intelligence, blockchain, & cloud computing.

  • Rating: 4.8 
  • Avg. Hourly Rate: $50- $99/ hr 
  • Employees: 250 – 999
  • Established: 2001
  • Location: US, Canada, Poland, Turkey

10. Empirica

Empirica has earned a strong reputation for completing numerous FinTech projects and has been acknowledged as a top blockchain development firm. They provide a platform for automated cryptocurrency trading, a website for ICO investors, the development of smart contracts, and the management of bitcoin assets.

  • Rating: N/A
  • Avg. Hourly Rate: $100 – $149 / hr
  • Employees: 10 – 49
  • Established: 2010
  • Location: Poland

11. MLG Blockchain

MLG concentrates its efforts on harnessing blockchain technology and decentralized apps to transform the world. More than ten different countries are home to its personnel. Additionally, the company assists companies with ITO liquidation, investment management, and SAFT investment agreements.

  • Rating: N/A 
  • Avg. Hourly Rate: $100 – $149 / hr
  • Employees: 50 – 249
  • Established: 2016 
  • Location: Canada 

12. SoluLab

Solulab is among the best blockchain development companies that have partnered with startups to renowned enterprises such as Walt Disney, Mercedes Benz, the University of Cambridge, and many more. They offer a variety of services in emerging technologies such as Blockchain, Metaverse, Augmented & Virtual Reality, Artificial Intelligence, Machine Learning, and more. They have served clients across different industry verticals. 

  • Rating: 4.8 
  • Avg. Hourly Rate: $25 – $49 / hr
  • Employees: 50 – 249
  • Established: 2014 
  • Location: US, India, Canada, UAE

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Final Words

The preceding list of best blockchain development companies is not all-inclusive. Even though more companies are using blockchain, the technology is still relatively new. The above-mentioned blockchain development companies have a track record of delivering safe and reliable solutions. Additionally, they have extensive knowledge and experience in creating cutting-edge blockchain application development services. Check out the list if you’re seeking a trustworthy and respected blockchain development business.

Schedule a call with our experts to get a consultation on your blockchain development project, or email us at sales@sphinx-solution.com.

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