There are 100 Companies in Dubai
that provide Blockchain Services!

Among other attractions, Dubai is also well known as one of the world’s leading IT and tech cities. The luxurious lifestyle, beautiful architecture, and modern technologies attracted in the last decade thousands of IT companies and investors that contribute to the city’s digital transformation. Considered one of the most innovative cities. Dubai aims to become the world’s tech leader and to become an example of how society and technology can live together and interact with each other. 

By 2020, the city already had invested in technology and IT more than $20B, which surpasses many European capitals and even most of the cities in the US or Canada. According to His Highness  Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and the Ruler of Dubai, smart technology is a catalyst for happiness. Through the widespread adoption of technologies such as the Internet of Things (IoT), the blockchain, data analytics, Hyperloop technology, commercial 3D printing, robotics, and artificial intelligence (AI), the government of Dubai is aiming to make the lives of its residents convenient and less stressful. Dubai’s goals for the future are to become a top hub for tech companies by 2033 and to become a gateway for emerging markets in the Middle East, South Asia, and Africa with a combined GDP of $7.7 trillion. 

In addition, the local government invests continuously in the creative industry and supports the development of IT companies, as well as web agencies and startups. The last ones can find support in a number of IT accelerators, incubators, and partnership programs, such as Dubai Smart City Accelerator, Turn8, Impact Hub, in5, and others. 

When it comes to the average salary of an IT professional in Dubai, according to Glassdoor, it is estimated at $16,350 - $49,050/year, or $1,362 - $4,087/month. It is probably one of the highest in the region, and it only competes with the ones from Cairo and Abu Dhabi. 

Overall, Dubai is a leading tech city in the world with real potential to surpass many EU and US cities, based on KPIs such as economic development, investments, and infrastructure.

Blockchain Service gives companies the ability to develop, host, and use their own blockchain apps, smart contracts, and other features on the blockchain infrastructure built by a vendor via cloud-based solutions.

Blockchain is one of the most rapidly evolving IT technologies. There are over 83 Million blockchain wallet users worldwide, according to Buy Bitcoin Worldwide report.

Blockchain boosts business competitiveness without investing in research, planning, or infrastructure and the advantages to choose blockchain service providers for your company are: 

• Improved safety
• Increased accountability
• Real-time tracking
• Automation
• Enhanced productivity

It's not simple to pick the best blockchain service providers to deal with. There are several things to think about:

• Location
• Price
• Team size
• Previous experience
• Turnover time
• Communication means

Blockchain technology solves urgent problems in a variety of industries, including healthcare, logistics, manufacturing, and information technology. Businesses across a range of sectors may undergo substantial transformations by combining blockchain with disruptive technologies like AI, Big Data, and Cloud.

There are almost 1,900 blockchain service providers on our platform which offer a wide variety of solutions that will enhance your ecosystem's scalability, security, and transparency. Explore their profiles and feel free to get in touch with them.

Is Blockchain Still a Trend?

Blockchain was initially created for Bitcoin, but in recent years it serves other purposes beyond cryptocurrency. It has the capabilities to provide increased safety, and minimize fraud. The security and transparency are ensured because every transaction in the Blockchain industry is grouped into blocks, then they are connected into a secure chain, creating a tamper-proof record. 

The Blockchain industry has applications in multiple areas like cryptocurrency, asset management, IoT, cross-border payments, and more. Additionally, it has the potential to define the world of tech through its:

• Interoperability and cross-chain solution

• Decentralized Finance (DeFi) 

• NFTs in intellectual property 

• Sustainability & green blockchain

• Integration with IoT

Blockchain applications have prioritized personal privacy, made it possible for smart contracts, the integration of IoT, and can be leveraged by the government, showing its potential for the future tech world.

What is a Blockchain Developer?

A Blockchain Developer is a software developer who works with Blockchain technologies for programming, developing, and testing software and systems. There are two main types of Blockchain Developers:

• Core Blockchain Developer - develops and maintains the architecture of Blockchain systems

• Blockchain Software Developer - builds applications onto existing Blockchain platforms

Some of the responsibilities of of a Blockchain Developer are:

• Keeps the data related to digital transactions secure

• Uses programming languages for building applications

• Works in the development and deployment of smart contracts

• Engages in the design and creation of Blockchain network architecture

• Troubleshot the issues in the Blockchain network

What is the Cost of Hiring Blockchain Developers in Different Countries?

The cost is dependent on the country, in Europe for example expect to pay at least $30-70 / hour for blockchain development services. TechBehemoths lists hundreds of blockchain development companies from all over the world. You can easily filter the companies by price or region.

The hourly rate it’s just one criterion to keep in mind when you look for a blockchain service provider for your business needs. There are many other aspects to consider like company location, services, team size, portfolio, etc.

TechBehmoths has an advanced matching system to help you find the right blockchain service provider for your projects.