There are 3 Companies in Hamburg
that provide Blockchain Services!

Out of all the tech and IT hubs Germany has, Hamburg is probably the only city that took the news and media industry so seriously. According to Hamburg.com, the city has more than 110K employees and 23K companies in this field, which massively surpasses other tech hubs from Germany, such as Berlin or Munich. 

A confirmation of these facts is the presence of tech giants such as Google, Yelp, Twitter, and Facebook. In addition to these companies, Hamburg is the home of Xing’s head office and also myTaxi. So we can briefly say that the city is a networking giant in the region. 

Another field where Hamburg starts to grow is the gaming industry. With 4,000 jobs at 190 different companies — including Goodgame Studios, Bigpoint, and Innogames — Hamburg has earned its nickname of 'Gamecity'.

So, overall, we can observe three main focus areas so far in Hamburg: News, Media, and Gaming. But in order to fully compete with other German tech cities, Hamburg has to go even further and increase its development capacities by improving the digital business ecosystem and providing enough IT infrastructure for startups and companies that choose Hamburg as a new operational center.  In these regards,  Michael Westhagemann, Senator for Economics and Innovation, Andreas Dressel, Senator for Finance, and Dr. Rolf Strittmatter, Managing Director of Hamburg Invest, presented plans for a "tech hub" targeting startups, young technology companies, and research in Bahrenfeld. Hamburg is funding the project with EUR 35 million from the Economic Stabilisation Programme (HWSP) launched in the wake of the corona crisis. The Ministry of Economics has earmarked EUR 10 million for other innovation programs, e.g., in artificial intelligence. The hub will accommodate a mix of laboratories and offices in Science City Hamburg Bahrenfeld and in the immediate vicinity of the DESY Innovation Factory II. 

Hamburg also gets really close to Berlin and Munich in terms of paychecks. According to Glassdoor, the average salary in the IT industry in Hamburg and the surrounding area reached 54K Euros, or $64K/year. It is yet one of the best salaries in Europe for this industry, but also, Hamburg is one of the most expensive cities, which somehow balances the situation. 

Taking into account the intentions of local authorities and the current trends, Hamburg is yet to attract more professionals and IT companies. Most of them will probably come from the higher segment, as not every company can afford to relocate or open an office in Hamburg. However, those who choose to move there will definitely provide excellent services for their clients and improve the city’s digital notoriety.

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.