There are 6 Companies in Greece
that provide Blockchain Services!

Greece is the home of democracy, modern politics, and beautiful beaches. These make the country famous for. Somewhere at the end of the line, the tech sector also makes Greece a good destination for investors who aim at the Mediterranean area. 

With an accent on the public sector, Greece never focused and consolidated its efforts around the tech sector, until 2018, when the government sought financial assistance and resources to get out of the economic crisis the country was hit with in the mid-2010s. The Greek tech ecosystem was granted over €260 million from the European Investment Fund and private investment, indicating a confident bet that this is the next disruptive and transformative sector. Since this investment, the country has seen a flurry of innovation as predicted and beyond. The number of firms in the venture capital space has quadrupled, spurring exponentially more ideas and innovation from young minds, founders, and investors in the space.

In the present day, Greece’s startup ecosystem has an annual growth rate equal to 12.1%, has over 300 startups, and is ranked #19 in Western Europe, remaining stable since 2024.

Why You Should Work With Greek IT Companies

The main lesson Greek companies learned from the European digital market was that they have to provide high-quality services for affordable prices in order to be competitive and attractive. But this helped not only to attract new clients but also to investments and stimulate the workforce to enroll in the IT sector and develop the country’s economy. 

Digitalizing the tourism sector and providing more accessibility to potential visitors was the first successful test that local companies have passed before going internationally. Now, in 2025, more than 80,000 workers are employed in the Greek tech sector with an average wage of 1,597 euros/mo. At this rate, Greek IT companies provide probably the lowest costs/project in the Mediterranean area, using at the same time the latest technologies and delivering decent projects to national and international customers. 

What You Should Be Aware of When Working With Greek IT Companies

On the other hand, Greek IT companies lack experience in the international market and find it difficult to compete outside the geographical area they are located. Competition in the European market is indeed tough, and few get to know the ultimate prize for fame since there is no #1 company in the world. But with all that, in 2025, not all Greek IT companies and digital agencies can compete with Western European companies. 

How Reliable Are Greek IT Companies

On the regional level, Greek IT companies are not only reliable but also among the most favored for clients. But the lack of experience and the in-development IT industry create a psychological barrier for potential clients, especially big companies.  On the other hand, taking into account the speed of progress Greek companies are registering, it is possible to see a surprise turnover where the IT sector will be at the same heights or even more developed compared to Western European countries. 

How Does the Greek IT Sector Relate to the Neighboring Countries?

Greece’s geographical position makes the country a strategic place in terms of connectivity and transition for the entire Europe. Compared to the Balkan countries, the Greek IT sector is well ahead, mainly because of funding opportunities, but also due to the government-supported policies and facilities for local IT companies.

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.