Blockchain Development Services
A blockchain development company with 34 years of experience in IT, ScienceSoft offers end-to-end blockchain application development services to introduce reliable blockchain solutions.
Blockchain development services help create decentralized software with full traceability and security of data and transactions. In IT since 1989, ScienceSoft can provide your company with expert advice and full-scale practical assistance on custom blockchain app development.
Did you know?
The global blockchain technology market was valued at $11.14 billion in 2022. It is projected to reach $469.49 billion by 2030 at a CAGR of 59.9%. Blockchain has already proven its efficiency for a vast range of business use cases, which drives impressive demand for blockchain-based software across various industries. For startups and software product companies, the growing popularity of blockchain and Web3 solutions creates momentum to step into the rapidly evolving market and generate high revenue.
Blockchain Solutions ScienceSoft Delivers
Secure and scalable decentralized ecosystems with minimized downtime:
- Private blockchain networks.
- Public blockchain networks.
- Hybrid networks.
Protocols that guarantee the integrity of multi-party agreements and automatically enforce fixed obligations.
Digital wallets for storing and transacting various types of crypto assets.
Encrypted peer-to-peer applications with no single point of failure and zero downtime.
Blockchain-based platforms for collaborative decision-making across communities with no central authority.
Decentralized solutions that enable compatibility of crypto assets across different blockchain platforms.
Blockchain Use Cases ScienceSoft Supports
Unchangeable, HIPAA-compliant recordkeeping, secure transfer of sensitive data between multiple healthcare providers for quick and accurate patient diagnosis and effective treatment. Safe and easy medical record sharing with patients.
Faster validation and execution of supplier contract obligations, transparent goods provenance tracing and monitoring, enhanced supply protection, and more for a streamlined supply chain cycle with reduced disruption risks.
Immutable asset records for various industries, from media and luxury retail to real estate and additive manufacturing. It helps provide proof of ownership and prevent fraud and counterfeiting.
Irrevocable credential data and a zero-knowledge proof encryption scheme to prevent unauthorized access to the company data, networks, apps, or devices. Automated KYL/AML verification using smart contracts.
Safe document sharing, guaranteed legal compliance, easy record validation due to end-to-end traceability of document manipulations, from creation and editing to viewing and sharing.
Secure multi-seller access, immutable record of all marketplace transactions for improved order and payment traceability, faster and less costly payments.
Fast and accurate claim validation, assessment, and payment, transparent resolution of claim disputes with reduced manual work to cut claim handling costs.
Easy vote verification, secure vote storage, and transparent vote counting for credible, incorruptible voting and improved voter engagement.
Along with AI, AR/VR, and spatial computing, blockchain is the backbone of the emerging metaverse solutions spanning social media, NFTs, and immersive gaming. With proven skills in cryptotech and decades of experience in AI and 3D graphics, our team can provide full-cycle metaverse development services to help you successfully tap into the dynamic Web3 market with an innovative product.
Why Choose Blockchain Development with ScienceSoft
- Since 2020 in enterprise blockchain development and cryptotech.
- Proficiency in leading blockchain frameworks and networks: Ethereum, Hyperledger Fabric, Graphene, Substrate, Solana, Polkadot, NEAR, Polygon, etc.
- Software development expertise in 30+ industries, including BFSI, retail, healthcare, manufacturing.
Perks of Our Custom Blockchain Development Services
Flexible cooperation models
– full blockchain development outsourcing, dedicated teams, or team augmentation.
Fast blockchain development
– quick project start (1–2 weeks), frequent releases (every 2–3 weeks), MVP in 1–4 months.
High quality of the blockchain software
– due to access to the proven technology skills and multi-industry expertise of our developers.
Blockchain Development Steps
The blockchain software development process at ScienceSoft looks as follows:
If you are implementing blockchain for corporate use, ScienceSoft’s consultants analyze its feasibility for your business needs to ensure it will bring the expected payback. For blockchain startups, we research the competition, suggest the appropriate market niche, and help define a unique selling proposition.
Blockchain software design
We compose an optimal feature set for your blockchain software, decide on the fitting blockchain network type and consensus mechanism, and suggest the most effective approach to development (forking, platform-based development, or building a custom blockchain from scratch). We architect your solution for high scalability, full security, and smooth cross-chain integrations. Our UX/UI designers create a stylish and user-friendly interface for your blockchain app.
Tech stack selection
Our experts select a reliable toolkit for blockchain implementation, including networks, hosting platforms, smart contract frameworks, off-chain storage, and more. When picking a tech stack, we always focus on our client’s priorities for the project: fast development, reduced investments, minimized risks, low app maintenance costs, etc.
PoC delivery (optional)
We build small blockchain software components and sample smart contacts to prove their technical viability, usability, and compatibility with the required systems. The proof of concept’s components can be reused later on in development to speed up delivery.
A well-designed white paper for a blockchain solution helps attract early investments and prevent regulatory issues. If your planned software focuses on token issuance and distribution, we can draw a reader-friendly white paper explaining the solution’s tokenomics and operational principles to all target audiences.
Development and testing
We develop the essential blockchain software components (back end, smart contracts, APIs, oracles, cross-chain bridges, role-specific user interfaces, etc.), set up off-chain and on-chain data storage, and establish connections between the solution parts. Our QA team runs rigorous testing (functional, performance, security, and more) in parallel with development to quickly identify and fix potential issues.
Integration and deployment
We set up a blockchain software infrastructure, configure data backup and recovery procedures, implement robust network protection mechanisms, and establish a DevOps environment to speed up releases. Once your blockchain solution is deployed, we integrate it with the required corporate and third-party systems and set the ready solution live.
For more information on the specifics and duration of each stage, please visit our detailed guide to blockchain software development.
A Sample Blockchain Architecture
ScienceSoft understands how confusing and counterintuitive the blockchain concept may look at first glance even for tech-savvy persons. However, when explored from the course of traditional architectural patterns, blockchain appears not that complicated. Below, we share a sample multi-layer blockchain architecture our development experts rely on to help you get a general idea on how blockchain functions.
- Presentation layer enables user interaction with the blockchain network via web and/or mobile applications.
- Application layer (business logic) provides instructions for transactions defining, invoking, and execution.
- Distributed computing layer enables transaction e-signing, validation, execution, and recording, comprises data block hashing and auto-updates across nodes’ copies of the shared ledger.
- Platform layer ensures communication between blockchain and other applications and blockchain-to-blockchain interoperability.
- Infrastructure layer defines the type of network utilized by the blockchain, participating nodes, virtual and physical storage for the blockchain ecosystem.
Blockchain Software Development and Blockchain App Development – Feel the Difference
While both blockchain software development and blockchain application development involve creating a blockchain-based solution, the former is a much broader field and may cover the latter within the task scope.
Blockchain software development
ScienceSoft’s blockchain software development services encompass the design, implementation, and maintenance of complex blockchain-based systems that perform a wide variety of operations and may comprise a dedicated processing engine, off-chain data storage, and role-specific apps.
Blockchain software development requires the knowledge of multiple technology domains and may involve specialized skills, such as blockchain network architecture design and blockchain integration with AI and IoT systems.
Blockchain application development
Blockchain app development is a subset of blockchain software development that focuses on designing and building applications for end users to perform specific tasks like tracking certain transactions and events, making requests or payments.
Examples: a crypto wallet, a blockchain app for insurance claim filing, a blockchain app for inventory control.
ScienceSoft’s blockchain app development services are aimed to create secure and convenient dApps with valuable features and sleek visual style. We pay special attention to UX/UI design and usability testing to ensure seamless user experience with the apps we deliver.
Technologies & Tools We Use
Advanced techs to integrate with blockchain
When combined with the latest technologies used for data aggregation, interpretation, and analysis, blockchain offers high integrity, full traceability, enhanced security of data-associated transactions and events. Our blockchain software development company can power your blockchain solution with the following advanced techs:
AI-based security techs
Instant detection of inaccurate data and suspicious transactions and preventing their upload into the blockchain.
High quality of analytical results due to ML model training using the reliable and incorruptible data stored in the blockchain.
Blockchain Software Development Costs
Blockchain software development may cost $50,000–$2,000,000+, depending on the type of blockchain solution to build, requirements for its functional and non-functional capabilities, and the chosen software design patterns.
Below, we provide the approximate cost estimations based on ScienceSoft's experience in blockchain development services.
A basic dApp that comprises role-specific user interfaces and smart contracts.
A blockchain-based marketplace of average complexity.
A full-featured blockchain that comprises a private network and smart contracts.
Our team is on it!
ScienceSoft's experts will study your case and get back to you with an answer within 24 hours.
Blockchain Development FAQs
Blockchain implementation is cost-intensive. When can I expect payback?
From ScienceSoft’s experience, investments in blockchain software development typically pay off in 12–18 months. In our blockchain projects, we help our customers reveal the cost optimization opportunities and bring in our established Agile practices to speed up development and drive faster payback from blockchain implementation.
How can you ensure the privacy and security of data stored in blockchain?
Our blockchain development company devises a strategy to prevent technology risks and stay compliant with GDPR, HIPAA, PCI DSS, FINRA, ISO 27001/27002, and other relevant standards and regulations. We also enforce policies to confirm transaction validity, implement authorization controls for APIs, set up privileged access management, and apply other security-boosting strategies
How to choose the right blockchain application development company?
- Consider the vendor experienced in building the type of blockchain solution you want and serving the industry you operate in. Chances are, such a company already has clients with similar needs and thus will be able to create the solution that meets your business specifics.
- Look for a vendor that provides blockchain consulting. Such a company will help you optimize the blockchain solution design and determine the proper development approach – you get an opportunity to cut the project cost and timelines.
- Pay attention to the available skills and tech stack. A good vendor will be able to provide all necessary competencies – from BA and PM to coders and QA engineers – to cover blockchain development end to end.
- General expertise in IT matters. It helps differentiate the pros with established practices from the newbies with limited experience and a focus on quick success. A strong portfolio and customer testimonials indicate a trustworthy tech partner with a proven track record in the domain.
Business Development Manager
Owing to ScienceSoft’s expertise in Blockchain-based software development, we chose them as a technology partner for the CoolWallet SDK development project. We were pleased with the outcomes of the project, as well as with the transparent and responsive collaboration from the vendor.
CMO and Co-Founder
We wanted to build a multi-chain crypto wallet that would let users convert cryptocurrencies without commission. ScienceSoft came up with a go-to architecture, features, and tech stack for our multi-chain wallet and introduced a detailed roadmap for crypto wallet implementation. Besides, they helped us develop a corporate website to represent essential technical information and a white paper for our potential customers and investors.
Director of Technology
For our project – building a Bitcoin mobile wallet on Cordova – we needed the assistance of a skilled mobile developer. ScienceSoft promptly provided us with an expert who joined our project team and quickly got up to speed with our Scrum processes. The developer managed to quickly understand the existing code base and proceeded to modify and evolve it according to our requirements. Together, we released our app on time and on budget.