So you finally made up your mind to amalgamate your database repository with the BlockChain after getting bombarded by the benefits of BlockChain from your colleagues? But now comes the other roadblock, a question that can cause you to abandon your amalgamation process.
And the question is, how to find the best blockchain developer in the market? You in all your senses might think it’s an easy question, and I’ll google it and select the ones who offer me the best services. Right? Wrong actually! To find a vender that provides multiple Blockchain services won’t be fruitful.
It’s like you going to a mall to visit a single shop, it will take a lot of your time, and you might end up buying something different from what you need.
Instead, you need to focus on your requirements. Blockchain implementation can provide you with optimal results while being cost-efficient. Don’t worry, and we got your back with a step by step guide on how you can find the best BlockChain Developer for your database.
But first, let us understand the basics of Blockchain. What exactly is a blockchain?
Blockchain is practically a digital open and secured ledger used for storing data and records and transferring of finances across the globe very similar to transfer service.
Satoshi Nakamoto devised it in 2008. Initially, it was used for transactions of bitcoin. The sole purpose of its invention was transferring of cryptocurrency. Blockchain technology powers the cryptocurrency.
Now, since we know what Blockchain is, we must understand how to find the right blockchain developer for your requirements.
Step 1 Find The Implementation
Ask yourself what you need for Blockchain is? What purpose will it full-fill when it is implemented?
In recent years, BlockChain development has come far from being just a passion project for grads to a professional career that you can rely on for transferring your finances and storing your precious data. “ A computer program only does what you instruct it to do, and not what you want it to do” so you need to be distinct and explicit about what you need from the developer. Blockchain has three different implementations. We have outlined their usage so you can have a better idea of which one to choose.
Just as the name clears it out, Public BlockChain is meant to be fully decentralized, aiming to have no individual or company to have control over the record and transactions taking place on the BlockChain. There are thousands of nodes in a network, each node in the system is independent of each other, that is, every node has its autonomy and is not dictated by any other node in any matter.
Also, this implementation is highly censorship-resistant, making it hard to shut it down if required. Every data is stored on every node of the network, and every member can see the data of the network. So, the data can never be lost as it is not just saved on a single system but several systems. Every member also sees each transaction as they have to validate the transaction as legal or illegal.
As the name suggests, a private chain is a restricted network. They are also referred to as Permissioned blockchains. You need to have the permission of the central authority before you can join this type of Blockchain. The data, transactions, everything is secured on this Blockchain. Secret data is stored on this type of chain, like national defense data, military data, law enforcement data, etc.
Only a few people are allowed to access this secured Blockchain. We can customize all its settings according to our requirements like we can control who can read or write the data which is called restricted Blockchain, so the data and transactions can be observed only by the permitted authorities. Since there are not many nodes on this secured network, the data transfer is faster in comparison to open Blockchain.
The authority can add or remove any node or service adds to the advantage of this Blockchain. Also, the administration will have complete control of the entire infrastructure, which will give more seamless processing of the work.
A hybrid blockchain is an amalgamation of both the private as well as public blockchains. It includes the benefit of both while leaving the limitations of both. For example, we can customize the hybrid chain in such a way that it is accessible to everyone in the world like the public chain, with permitting only controlled access to the modifications by the users, like a private chain.
So, in this way, the user can customize the usage and the features of a blockchain. Generally, hybrid chains are developed by individual organizations for their usage, and it enables them to use it according to their requirements.
Step 2 Find the Development Requirement
Now you need to know your exact requirement, whether you need to develop a blockchain from scratch or you want to develop an application that runs on the Blockchain. Every element would limit the number of options in the market for you, and so, it would be easy for you to find the right developer for you. Some of the most common developers in this field are listed below.
For example, if you require to build an entire infrastructure of the Blockchain, then you should look for a stack developer. Stack developers are the one who has their expertise in developing the Blockchain from scratch. You can tell them about your requirements, like whether you would want to build a private, public or hybrid blockchain. Based on your preference and needs, they will develop the blockchain infrastructure for you.
And if your requirement is for only developing an application for your Blockchain, then you would want to meet a solidity developer. They specialize in blockchain application development.
Cryptocurrency and Wallet Developer
Similarly, there are cryptocurrency and wallet developers, they deal in blockchain wallet app development and also in platforms for transactions for mobile devices, browser applications, etc. It also deals in trading of multiple cryptocurrencies, making online purchases and examining data history.
Smart Contract Developer
They specialize in providing decentralized solutions for blockchain usage like e-commerce, real estate, finance, and online transactions.
At last, we have Ethereum developers. They are mostly individuals working on different projects as it’s open-source, so finding a developer is quite easy, but finding the one who can develop a full-fledged Blockchain process is like finding a needle in the haystack. Also, as it’s open-source, your developer needs to develop the Blockchain while keeping attacks in mind as it is a computing platform for open source public distributed Blockchain. The developers use Ethereum to build or develop decentralized apps for the Blockchain.
These were some of the blockchain development fields which are commonly used in this technology. You will have to select them based on your requirements.
Step 3 Make A budget.
In the third and final step, you will have to decide on a budget for your infrastructure development. Since blockchain technology is still growing and it has not reached its zenith, the prices of its development keep on fluctuating now and then.
It is a crucial thing. In case it is not done properly your company or firm can have a huge hole in their bank account because Blockchain development requires sharp minds and sharp minds require high pay-checks, so you need to consider all the different aspects of the development process.
The blockchain development is done by blockchain development companies and also by freelancers, who work individually and charge on an hourly basis.
So, the prices of infrastructure development would vary from developer to developer. And if you are looking for a development company for your requirements, then they would have different pricing. Since they are a company, they would charge you as per your project in comparison to the hourly basis of individual developers.
You will have to check your requirements and budget and then decide who will be better for your blockchain development.
One more thing you should do before deciding the budget is to break the process in 3 stages: Research, Implementation, and Maintenance. And then decide the allowance for each stage of the process individually that way you can see where your funds are going and what you can do to cut the extra cost.
So these are the three main steps that you need to follow to find the best BlockChain developer, which will help you to integrate the blockchain technology with your database.
In the end, we would say even if you are not thinking of using Blockchain implementation, you should consider it’s other uses as well as it’s the future tech and investing in the future tech is always beneficial and Blockchain will surely bear fruitful results.
So, folks, this was from our side. I hope this helps you in getting the right blockchain developer according to your requirements.