The emergence of blockchain has motivated a lot of companies to apply blockchain solutions to support their operation and sales. There are a lot of companies that provide blockchain solutions but it’s difficult to decide which company you should choose. Therefore, our article today will give you some factors that you need to take into consideration when choosing the most suitable blockchain solution company.

What You Need To Consider When Choosing Blockchain Solutions Company

Platforms That They Offer

Firstly you need to identify which platform the company used to be the blockchain solution.  There are some popular platforms that you need to have basic information about, including Ethereum, Near Blockchain, B.LOG, EOS Blockchain and Solana. Now we are going to take a look at each platform to identify the pros and cons that you need to consider 

The most popular blockchain platform is Ethereum Network which is one of the pioneers in the market. When using it, you will feel easier to integrate with all the apps or Blockchain solutions. Anthurium network is also considered a secured and reliable platform. However, when using this platform you may encounter low transaction speed and high costs for transactions and deployment so if you are a low-cost business and you’re looking forward to a fast and quick platform, Ethereum may not be your choice.

The next platform is Near Blockchain. This is a scalable, high-secured, trustworthy and hacking-resistant platform. Near Blockchain also offers low transaction costs and has a user-friendly interface that allows the developer to integrate other Blockchain solutions easily. However, this platform is quite new and it still has some limitations related to its development and deployment.

EOS Blockchain is famous for its speed as it can run up to 100 transactions each second. If you still don’t know how to utilize blockchain solutions, EOS also gives you the tutorials to support every step of the operation. Another bonus point of this platform is the free transaction fee, user-friendly interface and high-secured protection. However, the smart contract of this platform requires C++ programming, so you need to hire C++ developers to write it.

Solana is also a good choice as it provides enormous TPS, flexible usage and multi-language smart contracts. It is really famous for its high speed and has experience on various large projects. 

Custom Development Ability

Customizability is truly crucial as blockchain solutions need to be adjusted and designed to support different business tasks. Therefore, before deciding on the companies, you need to check whether they can customize the solutions based on the available ones otherwise you may meet obstacles when running it later.

Team’s Experience

Team experience is also a vital factor in your decision-making. The more experience that companies have, the fewer mistakes they will make and the more effective the solution becomes. Therefore, you need to take time to go through their previous projects and check carefully their profile to have the best choice.

Company Reputation

Next, you need to pay attention to the company’s reputation, which can be expressed through previous customers, previous projects, feedback and third-party reviews on the marketplace.  

Conclusion

We hope you can confidently get started to select the most suitable blockchain solutions companies for your business. If you still have concerns, you can contact SmartOSC to get more useful advice and blockchain solutions for your operation.


Contact us if you have any queries about Blockchain development services.