There are 5 Companies in Salt Lake City
that provide Blockchain Services!

Salt Lake City is known more for being the home of the Mormon church and Brigham Young University, rather than for a great tech hub, but this doesn’t mean it’s not like this.  Back in 2018, Utah, and SLC as the main city was the second-fastest-growing places in the US for tech working places. The rate shows growth of 4,9%  according to a study released by the Kem C. Gardner Policy Institute.

According to the same study, 1 out of 7 workers are involved in the tech field, higher than the national level. Also, above the national average are the salaries in the tech industry in SLC - $106,000/year. Considering that it’s situated in the heart of the US, it would have been expected lower wages, compared with coastline cities, which are more recognized as being developed in the tech field. 

Around 18% of SLC domestic product, or $29,7 bn, comes from the tech industry, and $2,5 bn, comes from taxes of the same industry.  The job opportunities ratio city to country reveals that 80% of all tech jobs in Utah are available in Salt Lake City, but it is to believe that Saint George will be considered as a focus area in the future for a better industry distribution within the state. 

The difficulties come from the talent pool. Even if all local tech graduates come to Salt Lake City for a job in IT, it is still not enough to cover the entire market demand for skilled workers. Eventually, companies consider moving from SLC to other cities where they can meet more workforce. 

Nonetheless, SLC has a big chance to grow in the tech industry, and become one of the nation’s biggest IT centers. With a good IT infrastructure and a well-developed business system, local companies provide services on a probably equal rank with the ones from other locations. 

As of August 2023, there are more than 105 IT companies from Salt Lake City registered on TechBehemoths

Blockchain Service gives companies the ability to develop, host, and utilize 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. As of 2021, 2.8% of the world's population uses blockchain, with 80,025,125 wallet users, according to the 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 1000 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.

Also, if you want to become a reliable Blockchain Developer and learn more about blockchain technology, TechBehemoths has a complete guide on how to become a service provider.