Table of Contents
Introduction
The blockchain has changed the way we think about data handling and digital transactions. Blockchain was first known for facilitating cryptocurrency, but its intrinsic qualities—such as decentralization, immutability, and transparency—have created a plethora of opportunities for a wide range of sectors.
Blockchain provides a safe and unalterable system for storing and exchanging information in several industries, such as banking, healthcare, and supply chain management. The decentralized design of the system eliminates the requirement for intermediaries, resulting in cost reduction and improved efficiency.
The global blockchain consulting market has shown significant growth due to enterprises and organizations’ increasing need for expert help in harnessing the revolutionary potential of blockchain technology. We anticipate significant growth in the market over the projected period, which spans from 2024 to 2031. The market has consistently grown in 2023, and we anticipate further growth due to the increasing implementation of tactics by influential participants.
Here come the blockchain technology consultants—the forces driving the adoption of this revolutionary technology. Here, we’ll cover everything you need to know about blockchain consultants and how they can help you understand distributed ledger technology. We will explore the invaluable contributions that these specialists provide, ranging from strategic planning and implementation to compliance and governance.
In addition, we will focus on the foremost blockchain consulting firms in the market, showcasing their inventive methodologies, fruitful collaborations with clients, and the significant influence they have on creating the decentralized future.
Understanding Blockchain Technology & Consulting
Since Bitcoin’s launch in 2009, the blockchain ecosystem has experienced a tremendous amount of change. Originally regarded as a risky and unconventional technology, blockchain has progressively gained acceptance in diverse industries, ranging from finance and supply chain management to healthcare and beyond.
In recent years, we have observed a shift in viewpoint as a dynamic open-source community began creating high-quality blockchain platforms for businesses. This has allowed well-known companies like Bumblebee, IBM, Walmart, and Visa to adopt this decentralized technology in their operations.
Businesses remain determined to harness the potential of blockchain technology, despite the challenges posed by the crypto winter of 2022, including volatile cryptocurrency prices and well-known scandals. Nevertheless, they currently adopt a more practical perspective, prioritizing low-risk, high-reward uses and diligently overseeing the related risks and costs.
Although there is a lot of excitement about the revolutionary potential of blockchain, understanding its technical foundations and practical applications can be challenging. Decentralization is here to stay, and companies are realizing that in order to successfully traverse this unfamiliar region, they need professional advice.
In the following sections, we will examine the crucial role of blockchain consulting companies in leveraging the capabilities of this technology. We will explore their specialized knowledge, the crucial contributions they provide, and introduce you to the biggest names in business who are influencing the development of the blockchain economy.
Who Are Blockchain Consultants and What Do They Do?
The Rise of Blockchain Consultants
Blockchain consultants are a relatively new specialty in the ever-changing field of blockchain technology. These specialists are crucial in assisting organizations in navigating the complexity of this innovative field, providing guidance in the areas of strategy, implementation, and compliance.
The Role of Blockchain Consultants
Blockchain consultants are strategic advisors who assist firms in understanding the potential effects of blockchain technology on their operations. The analysts examine the company’s current procedures, identify areas where blockchain technology might enhance productivity, and create thorough strategies for effective integration.
Key Responsibilities
A blockchain consultant has diverse tasks. They start by carrying out in-depth analyses, investigating the specifications, and spotting potential difficulties. Afterwards, they participate in continuous dialogues with executives, providing customized solutions that meet the specific requirements of the enterprise.
Blockchain consultants are responsible for supervising the creation of proof-of-concept (POC) projects to showcase the practical uses of blockchain technology in the company’s specific context. They provide smooth connections with cloud platforms and utilize pre-existing solutions to accelerate the adoption process.
Compliance and Risk Management
Effective risk management is an essential component of a blockchain consultant’s responsibilities. They offer specialized advice on reducing risks related to decentralized systems, ensuring compliance with legal and regulatory structures, and protecting financial transactions and identity management.
Essential Skills for Success
Blockchain consultants need to be highly skilled in a variety of areas, including technological expertise, analytical abilities, and a thorough grasp of the financial and legal implications of blockchain technology. Proficiency in programming, software development, creativity, and the capacity to quickly adopt new technologies are all necessary.
Catalysts of the Decentralized Future
Blockchain consultants play a crucial role in advancing this revolution by connecting state-of-the-art technology with real-world commercial uses. Their profound knowledge and skills are critical in harnessing the full capabilities of blockchain technology, leading to a more secure, transparent, and efficient world of technology.
Blockchain consultant salary
According to cryptojobslist.com, the average annual income for a Blockchain Consultant globally is $72,583. Several factors, including education level, years of experience, organization size, industry, and employment location, can influence a role’s compensation.
Best Blockchain Consulting Companies
1. Webisoft
Webisoft is a consulting organization specializing in digital transformation and product creation. They have extensive knowledge of blockchain technology and software development. They collaborate with many industries and work with companies of different sizes, including early-stage startups and large organizations.
For over ten years, they have been developing amazing blockchain and software assets that have won numerous awards.
Webisoft is the leading crypto consulting agency in Canada, focusing on providing comprehensive blockchain, web, and software development solutions for both startups and existing enterprises.
Their services encompass blockchain development and consultancy, Dapp development, and NFT development, as well as the creation of liquidity pools, staking platforms, and exchanges.
The primary focus of the Webisoft team is on developing applications and solutions for blockchains such as Solana, Ethereum, and Cosmos. Their technological framework also encompasses Rust, Solidity, Python, JavaScript, Django, React, Node.js, and React Native.
Company Details:
- Company Employees: 10 – 49 Employees
- Minimum Project Size: $5,000+
- Average Hourly Rate: $50 – $99 / hr
- Awards: Tech Behemot 2022 Award
Webisoft Services
- Blockchain
- Web Design
- Web Development
- HR Outsourcing
- Mobile App Development
- AI Development
- eCommerce Development
- Software Development
- VR/AR
- IT Services
Webisoft Clients
- Astral Media
- Proprio Direct
- Cogeco
- Genium 360
- PING CRM
- Styllar
- Edigo
2. PixelPlex
In 2007, PixelPlex launched its custom software development business. With more than 14 years of experience, they know how to work with new technologies like bitcoin, machine learning, big data, AI, augmented reality (AR), virtual reality (VR), making mobile apps, and building websites.
Key features of PixelPlex:
Expertise: They are very good at machine learning, big data, AI, AR/VR, web development, mobile app development, and blockchain consulting and development.
Experience: They’ve finished more than 300 projects in bitcoin, augmented reality (AR) and virtual reality (VR), artificial intelligence (AI), the Internet of Things (IoT), mobile apps, games, and custom software creation.
Client Base: They work with businesses of all kinds, from small startups to Fortune 500 companies and government agencies.
Services: They assist startups in launching new products by choosing the right technology stack, making financial plans, and creating minimum viable products (MVPs). They help businesses stay ahead of the competition by creating strong, safe ecosystems that can work with current systems. Small and medium-sized businesses (SMEs) can also get help from them to turn their ideas into high-ROI products.
Team: They have an innovative business culture and a team of 50 – 249 skilled engineers.
Awards and Recognition: PixelPlex is a custom software development business that has won awards and has a track record of success.
PixelPlex Services
- Blockchain
- Software Development
- AI Development
- Mobile App Development
- IT Services
- Software Testing
- Big Data Analytics
- VR/AR
- Business Consulting
- IT Compliance Solution
PixelPlex Clients
- Rise – Blockchain Platform
- Swisscom Blockchain
- Peerplays Blockchain Standards Association
- Qtum – Smart Contract Platform
- BMW
- Rio DeFi
- Proleague.gg
- Oman ICT Group
- Rinne Technologies
- LaneAxis
- Intel
- Kaikas
3. Eventyr
Eventyr is a rapidly expanding global outsourcing firm based in Lisbon, Portugal. It’s part of the Sigma Software Group. Eventyr is a reliable technical partner that provides global consulting and development services for a variety of solutions, including:
1. Game Development:
- Mobile and PC game development
- Metaverse development
- Play-to-earn game development
- 3D and 2D art creation
2. Mobile App Development:
- iOS and Android platforms
- UI/UX design
- Frontend development
- Backend development
3. Web Solutions Development
4. Other Services:
- Discovery stage development
- Business analysis
- Project management
- Quality assurance
Key features of Eventyr :
Eventyr specializes in meeting deadlines, delivering exceptional service promptly, maintaining a flexible approach, implementing robust management and delivery procedures, achieving zero project failures, ensuring rapid project launches, offering accurate estimations, and demonstrating experience in addressing clients’ objectives.
Markets: Eventyr works in game creation, travel and hospitality, social media, and fintech.
Goal: Transforming clients’ technological concepts into adaptable, transparent, comprehensive, customized solutions that cater to their company’s and target audience’s requirements.
Approach: Building lasting, mutually advantageous partnerships with customers and resolving their problems with state-of-the-art software solutions.
Company Details:
- Company Size: 100 – 249 employees
- Minimum Budget: $25,000 – $50,000
- Average Hourly Rate: $35/hr
- Founded: 2017
4. Artiffine
Established in 2020, Artiffine is a company specializing in Web3 and blockchain solutions. They provide a wide array of services for Web3 projects, which include:
1. Concept Development and Consultation:
- Conducting comprehensive concept audits to identify the strengths and weaknesses of ideas.
- Perfecting and improving project concepts and strategies.
2. Technical Solutions:
- Experienced developers specializing in smart contracts for blockchain development.
- Creating engaging user experiences through frontend, UX/UI, and web design.
3. Legal Expertise:
- Led by Dr. Jan Zibner, a highly respected authority in the field of Web3 and AI legal matters.
- Working to ensure legal compliance, developing NFT licenses, and handling various Web3 compliance matters such as KYC and GDPR.
4. Communication and Marketing:
- Developing powerful communication strategies to create a lasting impression
Key features of Artiffine :
Team: Consists of experienced developers, expert Web3 consultants, legal professionals, and communication specialists.
Extensive experience: Successfully completed numerous Web3 projects, possessing a deep understanding of the key factors that contribute to project success.
Services: Their services include concept development, consultation, custom smart contracts, web design, legal agenda, and marketing.
Clientele: Catering to a diverse array of clients, from fledgling startups to industry giants such as the Volkswagen Group.
Approach: Embracing innovative methods and pushing the limits of blockchain solutions.
Company Details:
- Founded in 2020
- 10-49 employees
- Hourly Rate: $50-$99/hr
- Minimum ticket size: $10,000
- Projects done: Less than 100
Artiffine Services
- Blockchain
Artiffine Clients
- Flow Collective
- dm
- Nola Labs
- Engine Group
- Lobkowicz
5. Beyond Enterprizes
Beyond Enterprizes is a blockchain technology consulting firm that focuses on providing strategic advice and expertise. They provide a variety of services, such as:
Strategic Advisory:
- Established in 2012, they pioneered an innovative strategic advice firm specializing in blockchain.
- They have engaged in partnerships with more than 50 blockchain initiatives, including EOS, Bancor, and HDAC.
- Areas of focus include FinTech, InsurTech, and DeFi.
Building a blockchain ecosystem:
- They established exchanges across four continents.
- They established the Blockchain Investors Consortium (BIC), a worldwide network of cryptocurrency investors and funds.
3. Technical Services:
- Offer technical assistance and expertise in the application of blockchain technology.
- They possess proficiency in domains such as blockchain, artificial intelligence (AI), machine learning, health technology, financial technology (fintech), and insurance technology (insurtech).
Key features of Beyond Enterprizes :
- As of August 2022, the projects on which they have collaborated have a combined market capitalization of $4 billion.
- They have enhanced our capabilities to provide a comprehensive 360° partnership for strategic planning, software development, and efficient execution of products and services.
- Earned global recognition for groundbreaking blockchain projects.
Company Details:
- Founded in 2012
- Fewer than 49 employees
- Minimum budget: $10,000 – $25,000
- Average hourly rate: $99/hr
- Based in Cheyenne, Wyoming
Beyond Enterprizes Services
- Social Media Marketing
- Branding
- SEO
- Package Design
- PPC
- Digital Marketing
- Video Production
- Web Development
- Web Design
- UI/UX Design
Beyond Enterprizes Clients
- Beam
- Buff
- Bancor
6. BDC Consulting
BDC Consulting is an established consulting firm specializing in blockchain and cryptocurrency. With a decade of experience, they have successfully assisted businesses in their growth. Since 2017, they have dedicated their attention to the cryptocurrency business and have effectively executed over 80 blockchain projects.
Key features of BDC Consulting :
- For more than a decade, they’ve been a growth catalyst for companies.
- Since 2017, they have focused on the cryptocurrency sector.
- They have completed the implementation of more than 80 blockchain projects.
- They have successfully secured funding exceeding $50 million for various projects.
- There is a network consisting of more than 200 funds and angel investors.
- Engaged in collaboration with researchers from Stanford and Miami Universities
Services Offered:
- Product Market Fit Validation
- Web2 to Web3 Transition
- Financial Modeling
- Fundraising & Investor Relations
- Go-To-Market Strategy
- Community Growth
- Mobile App & App Store Optimization (ASO)
Consulting Services for Crypto Projects:
- Business Concept Design
- Product-market fit validation
- Financial modeling
- Unit economics calculation
- Tokenomics
- Fundraising
- Strategy for onboarding partners
- Reputation management & credibility
- Roadshows & negotiations
- Market Entry
- Go-to-market strategy
- Community growth
- IDO/INO
- Growth & Scaling
- Strategies for B2B and B2C startups
- Influencer marketing
- Paid ads & programmatic advertising
- Social media marketing
- Research & analysis
BDC Consulting Services
- SEO
- Social Media Marketing
- Digital Marketing
- Public Relations
- CRO
- Digital Strategy
- Business Consulting
BDC Consulting Clients
- United Traders
- KARDIACHAIN
- DEIP
- Sensorium
- Waves
- Blockchain.com
- CoinsPaid
- OKX
7. Applicature
Applicature is a blockchain development company that specializes in providing strategic consultation and putting blockchain ideas into the implementation phase. They provide a wide range of services connected to blockchain and decentralized finance (DeFi), including:
Tokenization Services:
- Marketing
- Technical strategy
- Concept development
- Whitepaper creation
- Token mechanics
- Blockchain architecture
- A suite of tokenization smart contracts
- Investor dashboard
Custom Blockchain Solutions:
- Blockchain proof of concept
- Forks of different blockchains with maintenance
- Wallets and payment gateways
- Consumer applications
Initial Coin Offering (ICO), Initial Exchange Offering (IEO), and Security Token Offering (STO) Assistance:
- Assist in the technical organization of more than 30 ICO, IEO, and STO projects.
Proprietary Developments:
- Developed their own Ethereum Proof-of-Stake (PoS) blockchain
Partnerships and Memberships:
- They are members of the Enterprise Ethereum Alliance.
- Oracle Silver Partner
- They own a blockchain community in Silicon Valley.
Key features of Applicature :
- The company offers a wide range of blockchain and DeFi services, including development, marketing, funding, relationship building, and advice.
- Since 2017, they have helped more than 300 founders launch Web3 projects.
- Primary areas of interest include launch preparation programs, token economics, and crucial product development.
- They emphasize building strong ties and working closely with clients’ teams.
- The company uses its network of investors to fuel its expansion.
Company Details:
- Number of Employees: 50 – 99
- Minimum Budget: $25,000 – $50,000
- Average Hourly Rate: $200/hr
- Founded in 2010
Applicature Services
- Software Development
- Blockchain
- IT Services
- AI Development
- VR/AR
- IoT
Applicature Clients
- Solve.Care
- Darico
- DreamTeam
- ReMoneta
- SupplyBloc
- ClinTex
- Howdoo
- SLOGN
- Developeo
- Orocrypt
8. Valuebound
Valuebound is a leading business in Drupal development, focusing on providing customized online solutions for enterprises, especially in the high-tech and publishing industries. Because of their high scalability, their web apps are renowned for their extensive range of features and excellent capacity to handle millions of page views each month. At Valuebound, they leverage the full capabilities of the Drupal CMS, employing its exceptional features to create customized solutions.
Company Details:
- Number of Employees
- Under 49
- Minimal Budget
- $50,000 & Up
- Average Hourly Rate
- $50/hr
- Year Founded
- 2016
Valuebound Services
- Blockchain
- IoT
- Software Development
- DevOps Consulting
Valuebound Clients
- TIME Inc
- Landmark Group
- Cypress Semiconductor
- American Heritage
- Farm Journal Media
- Prose Media
9. Deloitte
Deloitte has been actively involved in the blockchain space for several years, providing consulting services and solutions to help organizations understand, implement, and leverage blockchain technology.
Deloitte Blockchain Services:
- Blockchain Strategy and Implementation:
- Deloitte helps clients develop blockchain strategies aligned with their business objectives.
- They assist in evaluating blockchain use cases, designing blockchain solutions, and implementing blockchain networks.
- Blockchain Prototypes and Pilots:
- Deloitte builds blockchain prototypes and conducts pilots to test blockchain applications in various industries, such as finance, supply chain, and healthcare.
- Blockchain Platforms and Solutions:
- Deloitte has developed proprietary blockchain platforms and solutions, including its Blockchain in a Box offering, which provides a ready-to-use blockchain infrastructure.
- Smart contract audits:
- Deloitte offers smart contract auditing services to identify vulnerabilities and ensure the security and compliance of blockchain-based applications.
- Blockchain Regulatory and Risk Advisory:
- Deloitte provides guidance on navigating blockchain-related regulatory and compliance challenges, as well as risk management strategies.
- Blockchain training and workshops:
- Deloitte conducts blockchain training programs and workshops to help organizations understand the technology and its potential applications.
Key features of Deloitte :
- Deloitte has a global team of experts focused on blockchain solutions, as well as a dedicated practice for blockchain and crypto assets.
- They have worked on blockchain projects in government, healthcare, financial services, and supply chain, among other things.
- Deloitte is a member of several prominent blockchain consortiums and platforms, including Hyperledger and the Ethereum Enterprise Alliance.
- They have contributed significantly to the blockchain knowledge base by publishing multiple thought leadership reports and whitepapers.
Deloitte is in a prime position to offer thorough blockchain consulting services to assist firms in exploring and implementing blockchain solutions tailored to their unique requirements.
Awards:
A few of the most recent accolades bestowed upon the firm include: Best Place to Work for Disability Inclusion 2022; LinkedIn Top Companies 2022; Most Valuable Commercial Services Brand 2022; Best Place to Work for LGBTQ Equality—HRC Triple Certification 2022; and HR Asia Best Companies to Work for in Asia 2022.
Deloitte Services
- Big Data Analytics
- Business Consulting
- Software Development
- Market Research
- Cybersecurity
- Accounting
- Cloud Consulting
- HR Outsourcing
- CRM Consulting
Deloitte Clients
- Manufacturing industry
- Telecommunications industry
- Financial industry
- IT industry
- Government Sector
10. Bitdeal
Leading digital transformation company Bitdeal focuses on offering Web3, blockchain, and AI development solutions for businesses. Their objective is to convert the digital economy into a blockchain-driven ecosystem by harnessing new technologies such as bitcoin, blockchain, NFTs, the metaverse, and AI.
- Services and Solutions:
- Game Development
- AI Development
- Cryptocurrency Exchange Development
- Enterprise Blockchain Development
- Decentralized Finance (DeFi) Development Solutions
- NFT Development Services
- Metaverse Development
- Web3 Development
- Digital Transformation Solutions
- Expertise:
- Over 250 blockchain and AI experts skilled in building cryptocurrency exchange scripts, decentralized finance platforms, NFT marketplace scripts, and more.
- Adapting to new technologies and innovations to bring revolutionary solutions.
- Industry Experience:
- Provides services to over 20+ industries, including banking, government, crypto exchanges, gaming, finance, real estate, education, and e-commerce.
- Track Record:
- Completed a 7+ year journey in providing services.
- Delivered over 500+ projects successfully with satisfied customers globally.
- Primary Solutions:
- AI Development Services
- Game Development
- Cryptocurrency Exchange Development
- Blockchain Development
- DAO Development
- Metaverse Development
- NFT Development
- NFT Marketplace Development
- Token Development
- Blockchain Game Development
- DeFi Development
- Crypto Bot Development
- Dapp Development, and more.
- Mission:
- Bringing customers’ dreams into reality by providing comprehensive blockchain and cryptocurrency development services.
Bitdeal Services
- Blockchain
- AI Development
Bitdeal Clients
- Enterprise Industry
- Gizo Digital Franchise LLC
- Gaming Industry
11. Protofire
Protofire is a group of blockchain technology experts who are committed to helping clients achieve their blockchain goals. They provide a wide variety of blockchain development services and solutions, including the following:
- Blockchain Development Services:
- Smart contract development
- Decentralized application (dApp) creation
- Developer tools
- DevOps teams
- Infrastructure and Integrations:
- Infrastructure marketplace
- Liquity Fork
- Bridges integrations
- CowSwap integration to other chains
- RPC node hosting
- Appchain platform
- Cross-chain implementation
- The Graph Services:
- Hosted service for The Graph
- Subgraph development and support (optimization, support, guidance, analytics)
- Product Design and Testing:
- Web2 to Web3 product design
- Smart contract pre-audit and audit
- QA and testing
- Tooling
- Validator and Oracle Services:
- Validator services
- Oracle solutions
- Deployment and Maintenance:
- Safe deployment and maintenance
- Insurance solutions
Key features of Protofire :
- A dynamic and agile team of blockchain experts collaborating closely with decentralized protocols and developer platforms.
- They have expertise spanning the entire spectrum of blockchain development, including DeFi and Oracle integrations.
- They have a remarkable portfolio of over 100 successful projects.
- In 2022, they received a Chainlink Community Grant for creating a Hardhat plugin that streamlined the setup of local Chainlink nodes.
- Additionally, wallets and Total Value Locked (TVL) solutions are available.
- Minimum project size: $1,000+, with an average hourly rate of $25–$49/hr.
Protofire Clients
- Maker
- Avalanche
- Chainlink
- Polkadot
- AAVE
- Gnosis
- The Graph
- Ethereum Foundation
12. Accenture
Accenture is a global professional services and consulting company that offers a wide range of solutions and services across various domains and industries. Here are the key points about Accenture:
- Company Overview:
- The corporation is a global consulting firm, boasting a workforce of more than 738,000 employees.
- They work in a wide variety of fields, such as healthcare, banking, technology, and more.
The business helps companies and organizations embrace new technology, enhance operations, and handle challenging situations.
- Services and Solutions:
- Blockchain consulting and development services
- Cloud solutions
- Digital engineering and manufacturing
- Application services
- Artificial intelligence (AI)
- Business process outsourcing (BPO)
- Supply chain management
- Finance consulting
- Metaverse solutions
- Data and analytics
- Infrastructure solutions
- And others
- Core Offerings:
- Strategy and consultation
- Outsourcing
- Interactive solutions
- Technology implementation
- Operations services
- Global Presence:
- Operates in more than 120 countries worldwide.
- The organization maintains the world’s largest network of advanced technology and intelligent operations centers.
- Workforce and Commitment:
- Employs over 500,000 professionals globally.
- We are committed to driving positive change and generating value for clients, employees, shareholders, partners, and communities.
- The organization embraces the transformative power of change to create shared success and make a meaningful impact.
- Minimum project size:
- $100,000+
Accenture is a renowned global IT services company that excels in delivering digital, cloud, and security solutions across a multitude of industries. With its extensive expertise, global reach, and commitment to innovation, Accenture helps organizations navigate complex challenges, adopt new technologies, and drive digital transformation through its comprehensive suite of consulting, technology, and outsourcing services.
Accenture Services
- Software Development
- Mobile App Development
- HR Outsourcing
- IT Services
- Accounting
- Cybersecurity
- Business Consulting
- Video Production
- BPO
Accenture Clients
- Global Apparel Retailer
- Education Non-profit
- Healthcare Firm
