Why Blockchain?

Blockchain technology has gained immense popularity in recent years due to its transparency and enhanced security. Its decentralized nature and immutable ledger system are the main reasons behind the heightened security of Blockchain networks. Businesses across various industries can implement Blockchain to achieve cost savings and improved efficiency.
Here are some features driving Blockchain’s widespread adoption:

• ]Immutability and Transparency Data stored on a Blockchain network is immutable and transparent, ensuring reliability and accountability.
• Reduced Failure Probability The cornerstone of Blockchain technology is its decentralized network. Without a centralized location, the risk of a single point of failure is eliminated.
• Eliminates Tampering and Fraud The immutability of Blockchain data, combined with transparency, makes it nearly impossible to tamper with data or commit fraud.
• Reduced Costs Blockchain networks offer low operational and transaction costs, making them highly cost-efficient.
• Increased Efficiency Fewer chances of fraud, lower costs, and a decentralized structure make Blockchain a highly efficient technology. Businesses can implement Blockchain to enhance the efficiency of their operations and processes.
• Seamless Integration Blockchain technology offers quick acceptance and seamless integration with other technologies, making it adaptable for diverse business needs.

Why choose Virtual Employees to Build Blockchain Solutions?

Blockchain developers command a hefty salary of around $53.77/hour. When you factor in additional expenses like hiring and administrative costs, budgets can quickly spiral out of control for small and medium enterprises (SMEs). Moreover, top talent often comes with a high price tag or tends to switch jobs after gaining some experience, making it even more challenging for SMEs.
In comparison, hiring Blockchain developers from India through Remote Resource is easier and more affordable. Here’s why:

• India has a massive Blockchain talent pool—it’s the third-largest market globally.
• Lower cost of living in India compared to the USA makes top-tier talent available at competitive rates.

These factors make India an excellent destination for hiring top Blockchain developers at affordable costs. Why Choose Remote Resource®?

• Our stringent, multi-step hiring process filters out 90% of the talent pool, giving you access to the top 10%.
• We provide you with your desired candidate within a quick TAT of 48 hours.
• Plus, you get a one-week free trial to ensure the resource is the right fit before committing.

Pitfalls to Avoid for Ensuring Best Results

While hiring remote talent for Blockchain development projects offers numerous advantages, it’s important to avoid these common pitfalls:

• Communication BarriersTime-zone, language, and cultural differences can make coordination challenging. Miscommunication due to language barriers may lead to misunderstandings, potentially derailing the project flow.
• Data Security RisksData is the most vital asset in any project. Partnering with a business that lacks stringent data security practices could expose your trade secrets and mission-critical data to competitors. Such leaks may provide competitors with an unfair advantage.
• Project Management ChallengesRemote teams working on Blockchain development projects may lack proper oversight or fail to follow project management best practices. This can complicate the management of deliverables, dependencies, and timelines, leading to time and cost overruns.

How Remote Resource Ensures Smooth Project Execution?

We resolve common challenges in Blockchain project execution and ensure a smooth workflow by following a straightforward 5-step process:

• Requirement Analysis Before starting development, the Blockchain developer from Remote Resource thoroughly analyzes your project requirements, goals, and business expectations. A dedicated project manager oversees the process to prevent any glitches.
• Prototype Using a design-thinking approach, our certified Blockchain developers from India identify Blockchain opportunities and create prototypes. These prototypes are sent for approval before development begins.
• Evaluation The Blockchain development team at Remote Resource designs, brainstorms, and implements the proposed Blockchain solution. They then conduct test runs and evaluate the results to ensure feasibility.
• Testing During the testing phase, our Blockchain professionals assess the performance, scalability, and security of the Blockchain-based solution to ensure it meets your requirements.
• Implementation and Integration Finally, our Blockchain developers integrate partner systems with IT on the Blockchain, enable governance functions, and establish consensus. They also implement the Blockchain solution across the network and authorize changes or updates as needed.