Top Blockchain App Development Companies In Sweden 2022 (Compared)

Top Blockchain Development Companies In Sweden

When looking for a Blockchain Technology business, you may run into a variety of issues. Finding the correct business with expertise in your sector, communication troubles with the development team owing to language hurdles, and not being able to reach the development team with no actual information about their experience are just a few examples. Furthermore, some people have difficulty getting accurate and timely project updates, as well as a lack of quality work owing to financial limits.

When it comes to finding a Blockchain Development Company, there are a few things that you should keep in mind. First and foremost, make sure that the company you choose is experienced in this field, has a good reputation, and is licensed and insured as there is a risk of cybercrime when it comes to this technology. Finally, asking plenty of questions and getting a detailed proposal before signing any contracts is also important.

As a result, finding a reputable Mobile App Development Company that specializes in Blockchain Technology and is familiar with its applications is critical. Finding a Blockchain Development Company can be a daunting task, and that is where GoodTroopers steps in to make the process quick and easy. 

In this article, we will be sharing a compiled list of the Top Blockchain App Development Teams based in Sweden.

Discover The Top Blockchain Developers In Your Region:

First, What Is Blockchain & Why Is It Gaining So Much Popularity?

Blockchain is a constantly updating peer-to-peer distributed ledger system.

One of the most significant advantages of Blockchain technology is that this digital record may be accessed from any location and from thousands of machines.

Blockchain technology allows actors in the financial industry to interact directly and execute transactions through the internet without the intervention of a third party. These Blockchain transactions do not reveal any personal information about the participants, and they encrypt the identifying information to create a transaction record.

The most intriguing feature of Blockchain is that it dramatically reduces the likelihood of data leakage. Unlike traditional approaches, Blockchain makes use of several shared copies of the same database, making a data breach or cyber-attack more difficult.

Because of its fraud-resistant qualities, blockchain technology has the potential to transform various business sectors by making processes smarter, safer, transparent, and efficient.

As a result, demand for blockchain applications has increased dramatically. Blockchain apps may be used by businesses and companies to track and trace their assets as they travel around the world.

TraceDonate, Burst IQ, KYC-Chain, Chainyard, and Voatz are a few examples of Blockchain Apps.

Top Blockchain Development Companies Of Sweden

Top Blockchain Development Companies In Sweden 

1. 4ire Labs

4ireLabs has been creating and deploying cutting-edge blockchain solutions since 2010. They assist their clients in navigating the future, which we believe is based on blockchain technology. With a focus on FinTech, They’ve developed a number of branded white-label products for crowdfunding, private blockchains, and other uses of this cutting-edge technology.

Founded(year) Headquarters No: of employees Avg Hourly Rate 
2010 Stockholm, Sweden 10-49 $25 – $49/hr

They offer a wide range of services, including corporate problem analysis, strategy consulting, technical vision creation, prototyping, and solution development.

2. Bacancy Technology

Since 2011, This Software Development Company is known for providing premium mobile app development services to startups, SMEs, large-scale organizations, and Fortune 500 customers around the Globe.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2011 Stockholm, Sweden 250-999 $25 – $49/hr

With their unique combination of Remote Development Services including software consulting, product engineering, and appropriate system maintenance services, they provide world-class solutions and services in top-level internet domains such as Healthcare, MVP, IoT, AI ML, and Blockchain.

3. N-iX

N-iX is an Eastern European software development company that assists companies all over the world in expanding their engineering capabilities and creating successful software solutions. Grainger, OpenText, Gogo, Lebara, Currencycloud, Fluke, Messer, Discovery Limited, and many more worldwide industry giants and Fortune 500 organizations have developed strategic collaborations with this company.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2002 Malmo, Sweden 1000-9999 $50 – $99/hr

N-iX provides solutions in cloud computing, embedded software, Internet of Things (IoT), data analytics, machine learning, business intelligence, and other digital domains to a wide range of industries, including banking, manufacturing, telecom, and supply chain management.

4. Softlabs Group

Softlabs Group provides corporate giants, small businesses, and start-ups all over the world with highly inventive, sustainable, robust, secure, and cost-effective software development and mobility solutions.

Founded(year) Headquarters No: of employees Avg.Hourly Rate
2003 Stockholm, Sweden 10-49 $25 – $49/hr

Experts in the fields of Blockchain, Big Data, Artificial Intelligence, Machine Learning, and IoT make up their Research and Development Team. They focus on certain industries like Fintech, Energy, Pharmaceuticals, Education, and others that may be better solved with next-generation technology with the support of substantial exposure in diverse areas over the previous 15 years.

5. Scandiweb

eCommerce, mobile, and startup leaders. Scandiweb has been enabling digital strategy for startups and major companies like Jaguar, Land Rover, Peugeot, New York Times, Reuters, JYSK, and 400 other customers in 35 countries since 2003.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2003 Stockholm, Sweden 50-249 $50 – $99 / hr

Scandiweb is a full-stack, vertically integrated service provider with Europe’s and America’s largest eCommerce development teams. Scandiweb’s strengths in KPI management, MarTech, Creative, and Technology can help you achieve your business’s digital strategy goals.

Find Vetted Teams For Your Project With GoodTroopers

 

6. ChromaWay

ChromaWay was created in 2014 and was one of the first companies to use “blockchain 2.0” technology. With a team of top blockchain professionals, ChromaWay offers a platform for smart contracts, asset issuance, and asset transfer via blockchain.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2014 Stockholm, Sweden 10-49 $25 – $49/hr

ChromaWay has been developing smart contract solutions for the real estate industry in collaboration with the Swedish Land Registry, as well as other institutions and financial firms. ChromaWay presented Post chain, a collaboration database, among many other achievements.

7. 10Clouds

10Clouds is a group of more than 200 professional engineers and designers who are ready to turn your digital ideas into stunning, world-changing solutions. They’ve produced and designed digital apps for over 100 companies in the United States, Canada, Western Europe, and Australia since 2009.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2009 Stockholm, Sweden 50-249 $50 – $99/hr

They offer a wide range of digital product development and design services, as well as blockchain services. To meet your business objectives and produce the finest performing solutions, they use ReactJS, Flutter, Python and Django, Machine Learning, and DevOps.

8. Blocksism

They are a small business that brings reliable software to a distributed world. Their knowledge is based on both academic education and practical experience earned via work with a variety of talents ranging from software development to blockchain integration, online applications, and prototyping.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2019 Stockholm, Sweden 1-10 $25 – $49/hr

They use Ethereum (Solidity language) with Open Zeppelin, Hyperledger Fabric, and Explorer as technologies and services (for consortia blockchain). AWS Managed Blockchain as a Service, Node.js, MongoDB, Docker, React (front-end development), and Amazon Web Services are also available (most often used cloud)

9.  Gateway Digital OY

Gateway Digital is a division of the Gateway Group that develops insight-based business models for a variety of organizations through consultation, modernization, and digital touchpoints.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
1997 Stockholm, Sweden 250-999 $25 – $49/hr

They are a cutting-edge technology partner that enables digital transformation for businesses and encourages them to become more intuitive, agile, and transparent.

10. Dev Centre House

Dev Centre House offers specialized software engineering services to help enterprise clients digitally transform their businesses. Since 2012, their employees have been creating software solutions for millions of consumers.

Founded(year) Headquarters No: of employees Avg. Hourly Rate
2012 Stockholm, Sweden 10-49 $50 – $99 / hr

The unique aspect is that they only hire Blockchain Development engineers that are passionate about what they do, and they use a Navy SEAL-style “Software Squads-as-a-Service” approach.

Comparison Of The Best Blockchain Application Development Company In Sweden

Blockchain is complicated technology and there are only a few with actual expertise in this. When you choose the blockchain development team for your application it is important to compare and analyze all the options available.

Agency No. of Employees Years of Experience Min Project Size Hourly Rate Product Type Locations
4ire Labs 50 – 249 12 $10,000+ $25 – $49  Custom Sweden, Ukraine
Bacancy Technology 250 – 999 11 $10,000+ < $25  Custom India, Australia, Canada, UAE, Sweden, USA
N-iX 1,000 – 9,999 20 $100,000+ $50 – $99  Custom Poland, Sweden, USA, Ukraine, Malta, Bulgaria
Softlabs Group 10 – 49 19 $5,000+ $25 – $49  Custom India, USA, Uk, Sweden
Scandiweb 250 – 999 19 $25,000+ $50 – $99 Custom Latvia, Sweden, Georgia, USA
ChromaWay 10 – 49 8 Not Disclosed $25 – $49 Custom Sweden
10Clouds 50 – 249 13 $10,000+ $50 – $99  Custom Poland, USA
Blocksism 3 $5,000+ $25 – $49 Custom Sweden
Gateway Digital OY 250 – 999 25 $10,000+ $25 – $49  Custom Netherlands, Finland, Germany, Iceland, Norway, Sweden, UK
Dev Centre House 10 – 49 10 $10,000+ $50 – $99  Custom Ireland, USA, UAE

How to choose a company for outsourcing with the help of GoodTroopers?

  • Hourly Requirement – Tell us about your Hourly needs and objectives, and then sit back and wait for us to find the best firm for you.
  • After analyzing your Hourly specifications, we will handpick three highly appropriate talents to satisfy your Hourly needs, based on their ‘Trust Score.’
  • Project Briefing & Proposal- Once you’ve chosen a firm, we’ll schedule a meeting between you and them to discuss the Hourly. You can also complete the Hourly milestones and payouts here if desired. 
  • After the Hourly has been locked in, you will deposit the entire sum into an escrow account with us.
  • Payments will be released as the Hourly continues and the developers begin to check off milestones.

Conclusion

The specialists at Goodtroopers compiled the list after conducting extensive research and a rigorous selection process, which includes taking into account Sweden-based Blockchain Technology Development companies’ missions and policies, services and specialties, pricing model and location, Google ranking, user ratings, and other factors. Choosing the ideal firm for your project will be a lot easier and more time-effective when combined with our vetting process and personal coaching.

The companies at the top of the list are not always better than the others. Lastly, before your final decision, we would recommend you to conduct research on your extent to eliminate any pending doubts. Finally, these companies have global rankings and reputations, but if you have another proposal for a company that should be added to our list, please let us know.

Frequently Asked Questions About Blockchain Development (FAQs)

Q- Which Industries are leading users of Blockchain Technology?

Ans- The industries in which Blockchain Technology is used are as follows Services in the Financial Sector, Manufacturing and industrial products, Utility and energy, Healthcare, Consumer and retail and Media and
entertainment.

Q- Which Blockchain Platforms are the most popular in 2022?

The most popular platforms are Hyperledger, OpenChain and Ethereum Blockchain.

Q- What is the Average cost and hours in Blockchain Application development?

Ans. The average time taken can be affected by a variety of factors, including the client’s and company’s locations, the platform and desired features.Small project take 1 to 2 months, Medium Complexity take 2 to 4 months and extreme complex system would take up to 6 months. Building a blockchain application might cost anything between $10,000 and $300,000. Cost is influenced by infrastructure, data formats, SDKs, encryption, frameworks, storage capacity, P2P networks, and other variables. Furthermore, the skill, knowledge, location, and team size of the blockchain development agency.

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