There are 8 Companies in Vancouver
that provide Blockchain Services!

The tech sector in Vancouver is actively developing and growing, making the city the second-largest tech hub in Canada. In addition to this, Vancouver is Canada’s top city to invest in attracting talent from all around the world. 

Today, there are more than 1,100 IT companies in Vancouver and 260+ registered that you can find on Tech Behemoths. These companies are providing jobs for more than 82,940 professionals of different ages and specializations. Out of 82,940 tech and IT professionals, ⅔ or 55.000+ are active in the Metro Vancouver area. 

One of the most significant players in the local IT market, BC Tech Hub, is also located in Vancouver, which gives the city a significant advantage in the region, increasing its development potential significantly. 

Another interesting fact is that the tech and IT companies located in Vancouver generate $23B in revenue and $15B in GDP - the numbers have increased dramatically over the past 5 years due to a series of factors, such as international investments, good local policies, high education level of local young professionals but also qualified workers from all around the world working in the city. 

According to the latest statistics from Vancouver Economic, the industry growth rate is 6%/year, which, at its current size, means a lot, compared to other cities in the region.  The industry includes and provides services such as AI, SaaS, social media, business intelligence, security and fintech, e-commerce, and web technologies. 

On a side note, it is essential to note that huge corporations and international companies that are leading the IT sector globally also have offices opened in Vancouver. Microsoft, Amazon, Apple, Facebook, Cisco, SAP, and Intel are only a few to mention from the entire top list of companies that continue to invest, provide workplaces, and create new accelerator programs, startup incubators, and everything in between. 

In addition, Vancouver is an attractive place for IT companies and professionals not only due to the above-mentioned reasons but also because it has the fastest-growing tech talent in North America, it is the top 25 city for startups in the world, and it has 2nd second-lowest operational costs in North America. 

Overall, Vancouver is definitely a top destination for companies, but also for those who are seeking IT companies with a good reputation and high performance. 

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.