As a business owner, you may be wondering if hiring a blockchain developer remotely is right for you. We’ve got some tips to help you decide.
In the past few years, blockchain technology has gained momentum, and a lot of startups are looking towards harnessing its benefits for their operations. For now, it seems like they are confined to cryptocurrencies and, more recently, NFTs, but there are still a host of applications for this tech stack. As it is still in its infancy, the innovations and the potential to reach its optimal use are something to bet on and invest in.
Cryptos and NFTs may be volatile, but the underlying blockchain technology is what this article will explore, and whether startups should hire remote blockchain developers or not.
Even though blockchain technology is quickly gaining popularity, there are currently very few (mostly remote) blockchain experts that are competent enough to oversee projects.
Blockchain is a shared, immutable ledger that enables, expedites, and simplifies the process of recording transactions and tracking assets in a business network. It can be a tangible asset; like a car, cash, goods, or intangible assets; like patents, copyrights, branding, and intellectual property. Almost anything of value can be traded on a blockchain network, which is one of the most secure and cost-effective means to do so.
It is crucial since businesses depend on information and have significant tangible and intangible assets. Their main strength is their ability to securely and quickly provide information to many parties. To maintain a competitive edge in today’s world of constant information and misinformation, a company must be able to communicate and receive data quickly, securely, and accurately. Orders, payments, accounts, production, and many other things may all be tracked via a blockchain network. Additionally, you can observe every aspect of a transaction from beginning to end since members have a single shared understanding of the truth. This gives you more assurance as well as new opportunities and efficiency.
So, after understanding the importance of blockchain technology in the ambit of running a safe and efficient business transaction, we now go on to answer why you should hire remote blockchain developers.
The reason why we keep saying remote blockchain developers is because software engineering has predominantly gone remote. A lot of startups in the United States have started to look for talent outside of U.S. borders due to several reasons pertaining to lack of needed talent. Another issue that contributes to the global scarcity of trained professionals is immigration, which affects a wide range of businesses. Those that are available are almost instantly employed by well-known IT companies like Google and Facebook, thus it is impossible to afford them. So, by broadening the talent pool, you make it easier, faster, and less expensive to find your match. Companies are realizing they can save money by not having to pay for office space, utilities, etc. That said, blockchain developers are even fewer and far between than other tech stack developers.
With remote work becoming a fast-adopted mode of work and lifestyle, the developers now want greater freedom of working from anywhere to be able to find their work-life balance. All these factors contribute to the fact that being able to cross the paths of an able and experienced blockchain developer, who would like to sit in your office to work is very slim. Your best bet is to trust the process and go remote.
Crossing paths with a remote blockchain developer isn’t always easy. Most blockchain developers don’t advertise their skills on job boards, so you’ll likely need to search them out yourself. When you find a remote blockchain developer, you’ll want to ask about his/her experience level and what he/she wants to accomplish. You also ask about payment terms and whether you’ll get access to code samples.
Trust the Process
You’ll need to trust the person you hire to complete the project. Asking questions and getting references will help you feel confident about hiring him/her. However, you shouldn’t let fear stop you from making a great hire. Remember, you’re paying for expertise, not personality.
Two possible strategies
As already discussed, blockchain projects are in their nascent stages, and might not amount to a full-time position, to begin with. So going ahead with full-time resources, only to cut the contract soon would be a folly on the startup’s part. It would only squander resources. The second approach is to do your research and find the best company that would be able to provide you with the talent you are looking for in the shortest time possible. A plug-and-play, contractual liaison which would be the path of least friction for the startup.
Choose your preferred company and describe your requirements to be able to be matched to the top talent you would have taken weeks, if not months, to hire. We have here a list of company names that could help you kick-start your research and journey to hiring the best blockchain developers.
Here is a list of places you can easily hire the best blockchain developers. They make your hiring process fast and easy and take away the whole headache of going through the hiring process and ensuring they are the right fit for your startup. Especially when they come in remote settings.
1) Mezino is a decentralized marketplace for engineering teams with a focus on blockchain, fintech, and Web 3.0. It is a remote-first company that helps other businesses harness the power of remote work via remote teams. Mezino connects top talent with clients looking to hire them. Mezino is building a global network of remote teams who can collaborate together using their platform. San Francisco, New York City, London, Singapore, Tokyo, and Seoul are the current bases of operations for Mezino. With Mezino users don’t have to pay exorbitant fees to find the right engineer for their project. It eliminates the role of a middleman that is usually needed to connect with potential hires. Most importantly, there are no transaction fees on Mezino.
2) Dream is also a platform that is solely dedicated to connecting businesses with freelance blockchain developers. The company was founded in 2017 and is headquartered in San Francisco. The site offers hourly and fixed-price projects of varying scales and timelines. Blockchain developers who work for themselves can set up profiles to display their abilities. In order to find freelancers, clients can search by skill set, geography, and experience. Before being listed on the platform, freelancer profiles are checked for authenticity. After the job is done, all payments are automatically transferred. No middlemen are involved in the entire process. Transaction fees are also 0%.
3) Codementor.io is a community of developers which offers a risk-free trial and a quick hiring process. Although they only have about 50 blockchain developers in a community of over 250,000 developers in all. You don’t need to pay anything until you’re ready to hire someone. If you decide you want to hire someone after the trial period, only then you’ll have to pay. Once you apply, you’ll receive a message within 24 hours asking you to complete some questions. After that, you’ll meet with two candidates who were matched to you based on your answers. You can then choose the best candidate for the job.Their website is clean and simple, making it easy for anyone to use.
4) Xbtfreelancer.com is also a freelance marketplace that only focuses on blockchain technology. And while posting a project is free of cost, the website charges a 60¢ fee for each transaction to support the Bitcoin network. Clients can choose from thousands of freelancers based on their skills and experience. Once a project is completed, both parties receive payment via cryptocurrency.
The simple answer to the question “Should you hire remote blockchain developers for your startup?” is yes, you should. If only to augment your in-house team and to smoothen the process of project completion. Being a comparatively new technology, there are very few blockchain developers right now. Unless more developers are added to the talent pool, the current crop would be hard to hire in-house and expend your resources in doing so, and ensuring that they work out. Your best bet? Go remote and hire through trusted platforms for your blockchain development needs.
If you want help with the hiring procedure, here’s a complete guide for you.
How do I hire a blockchain developer?
How long will it take to become a blockchain developer starting from scratch?
It can take from a few days to several years of dedicated study and practice to become a blockchain development expert. This includes learning about blockchain technology, developing applications on the platform, and working with other experts in the field. It is also important to keep up with the latest developments in the blockchain industry, as this will help you to stay ahead of the curve.
Does Google Hire blockchain developers?
Google has been working on a number of projects involving blockchain technology. In March, the company announced a new project called “Blockchain Trust and Verification Alliance” which will explore ways to use the technology for identity and security purposes. Google also partnered with Canadian financial institution Digital Finance Analytics to develop a blockchain-based payment system.
Why do companies not use blockchain?
While there are a number of reasons companies might not choose to use blockchain technology, some of the primary reasons include the lack of a clear need for it, concerns over the security and scalability of blockchain systems, and the challenge of integrating blockchain into existing business processes. In terms of the need for blockchain technology, there is still some uncertainty around its potential benefits. While some companies believe that blockchain could offer significant advantages in terms of efficiency, transparency, and security, others are less certain. With regard to scalability, blockchain systems can be difficult to implement and maintain, and they can also be slow and resource-intensive.