Why Outsource Blockchain Development
โฆif you can get your own top-10% Blockchain software development team, C-suite, office, and everything necessaryโin your up-and-running Software R&D Center
- 10+ elite engineers in 2 months, 100+ in a year
- Up to 40% cost savings
- No-entity 100% compliant employment
- Fully managed back-office: payroll, benefits and more
- No buy-out costs or hidden fees
- Your direct management and corporate culture
Mexico
Colombia
Argentina
Chile
Poland
Romania
Ukraine
BulgariaOutsourcing Canโt Compete Against
Your Own Blockchain Development Team
Can an Blockchain Outsourcing Provider Guarantee
2.5 years
average tenure of developers
Cultural alignment
with your company values
Pricing transparency
no hidden or buy-out fees
Legal & compliance
and other needed operational support
Exceptional dedication
itโs literally your own team
Long-term partnership
shared responsibility & commitmentGet any tech talent
Your Own Blockchain Development Can
Software R&D Center
Contact usOperational Support
- Procurement & office rent
- Insurance provision
- IT support
- Employer branding
- HR services
Employer of Record
- 100% compliance
- Onboarding/offboarding
- Payroll & accounting
- Remitting remuneration
- Benefits management
Key Things about Outsourcing Blockchain Development
When is it Better to Outsource Blockchain Development?
You own a non-tech company
Outsourcing Blockchain development services is a good way out for companies that donโt specialize in software development but have a tech project to complete. Rather than building a full-time in-house team, businesses can outsource tasks like website development or mobile app creation to external programmers with the right expertise and resources, ensuring fast and cost-effective results. Cooperation with an outsourcing Blockchain development company also offers the added benefit of delegating the entire development process, which is only a plus for non-tech companies that are focused on getting the end product.
You have a short-term project
If you have a side project or non-core tasks, outsourcing software development can be a viable temporary fix. Not only can you save money and time on hiring additional tech staff, but also focus on your core business activities, as the vendor handles team management and project execution. Using the services of an outsourcing Blockchain development team also allows companies to test the waters with a new project without significant upfront investment.ย
You have limited time to market
Software development outsourcing can be an optimal solution for businesses and startups with limited resources and a need to enter a market swiftly. Such companies can scale their development teams up or down based on workload or project needs without spending resources on long-term commitments.
However, itโs essential to remember that outsourcing Blockchain developers can be damaging for companies with their own tech products, as itโs never a good idea to expose your IP to a third-party vendor. Plus, investors often prefer companies with in-house engineering teams, meaning that engaging with outsourced Blockchain developers can negatively impact your funding opportunities.ย
Thus, if you own a tech product company and you need additional staff to take your software development to the next level, consider scaling the team with your own Blockchain developers. Continue reading to discover an all-in-one solution for team expansion.ย
Top Blockchain Outsourcing Destinations in LATAM
Latin America is a booming region for outsourcing software development, with its IT services market volume set to hit $74 billion by 2029, according to Statista. It offers access to about 1.75 million software developers, celebrated for their strong STEM education and outstanding tech expertise, ranking in the global top 40 for technology and data science skills on Coursera. Whatโs more, senior LATAM developers charge 2-3 times less than their American counterparts. Combined with overlapping time zones, strategic location, and robust infrastructure, LATAM has all the right ingredients for successful Blockchain development outsourcing. Here are its leading software outsourcing hubs:
Mexico
- Talent pool: 800,000+
- Senior developer salary: $57,600
- Tech stack: JavaScript, Java, Python, SQL, and C++
- Coursera tech skills rating: #3 in LATAM
- English proficiency: #20 in LATAM
- Tech businesses: 12,900 companies and 1,151 startups
- Tech hubs: Mexico City, Monterrey, Guadalajara, and Mรฉrida
- Time zone: UTC-6
Colombia
- Talent pool: 150,000+
- Senior developer salary: $54,700
- Tech stack: JavaScript, Python, C#, SQL, and Ruby
- Coursera tech skills rating: #5 in LATAM
- English proficiency: #17 in LATAM
- Tech businesses: 11,000 companies and 1,720 startups
- Tech hubs: Bogotรก, Medellรญn, Cali
- Time zone: GMT-5
Argentina
- Talent pool: 115,000+
- Senior developer salary: $53,500
- Tech stack: Python, Cloud APIs, TensorFlow, SQLย
- Coursera tech skills rating: #8 in LATAM
- English proficiency: #1 in LATAM
- Tech businesses: 5,900 companies and 1,356 startups
- Tech hubs: Buenos Aires, Cรณrdoba, Mendoza
- Time zone: GMT-3
Chile
- Talent pool: 61,000
- Senior developer salary: $54,500
- Tech skills: Java, Python, PHP, Node.js, and ASP.NET
- Coursera tech skills rating: #4 in LATAMย
- English proficiency: 8th in LATAM
- Tech businesses: 4,000+ companies and 609 startups
- Tech hubs: Santiago, Valparaรญso, and Concepciรณn
- Time zone: GMT-3
Top Blockchain Outsourcing Destinations in EE
Eastern Europe is another thriving region for outsourced Blockchain development. Its pool of over 1.7 million software engineers stands out for a Silicon Valley-caliber tech competence, shared Western mentality, and advanced English proficiency. Believe it or not, this skilled top talent comes at 2-3 times lower costs than developers in the USA or Western Europe, with standout savings in Ukraine and Bulgaria. Add to this developed infrastructure, tech business incentives, and success cases like Grammarly, UiPath, People.ai, Allegro, and DocPlanner, and itโs no wonder Eastern Europe continues to attract foreign tech businesses. Just have a look at its major outsourcing locations:ย
Poland
- Talent pool: 650,000+
- Senior developer salary: $75,600
- Tech skills: JavaScript, Java, Python, Ruby, Shell, TypeScript, PHP, C#
- Coursera tech skills rating: #1 in EE
- English proficiency: #15 out of 116
- Tech businesses: 60,000 companies and 3,300 startups
- Tech hubs: Warsaw, Krakow, Wroclaw, Poznan, Lodz, Tri-cityย
- Business climate: A2
- Time zone: GMT+1
Romania
- Talent pool: 250,000+
- Senior software developer salary: $72,000
- Tech skills: JavaScript, Java, PHP, C#, Python, React, Angular
- Coursera tech skills rating: #7 in EE
- English proficiency: #12 in out of 116
- Tech businesses: 7,930+ companies and 1,600 startups
- Tech hubs: Bucharest, Cluj-Napoca, Iasi
- Business climate: ะ3
- Time zone: GMT+2
Ukraine
- Talent pool: 346,000+
- Senior developer salary: $63,000
- Tech skills: JavaScript, Java, Python, C#, C++, PHP
- Coursera tech skills rating: #5 in EE
- English proficiency: #40 out of 116
- Tech businesses: 5,600+ companies and 2,000 startups
- Tech hubs: Kyiv, Lviv, Odesa, Dnipro, Kharkiv
- Business climate: C
- Time zone: GMT+2
Bulgaria
- Talent pool: 126,000+
- Senior software developer salary: $65,000
- Tech skills: C#, JavaScript, Java, Python, SQL, PHP, .NET
- Coursera tech skills rating: #4 in EE
- English proficiency: #16 out of 116
- Tech businesses: 10,000 companies and 800 startups
- Tech hubs: Sofia, Burgas, Plovdiv
- Business climate: ะ3
- Time zone: GMT+2
Alternatives to Outsourcing Blockchain Development
When companies lack tech expertise or need talents with rare skill sets for their projects, staff augmentation offers a flexible, cost-effective way to bridge the talent gap. This model enables businesses to scale development teams on demand, integrating external talent with diverse programming experience and qualifications. Unlike outsourced developers, augmented staff works under your management, enabling direct communication and workflow alignment. However, challenges like developersโ integration, possible external team indifference, and hefty buy-out fees for talent retention are commonly encountered.
Managed services and a dedicated team are similar but tend toward more long-term cooperation. Managed services are more focused on consulting and strategic task management while leaving project control on the client’s side. In contrast, a dedicated team model assumes complete project and team supervision, enabling communication via a middleman. Despite some benefits, these models, like staff augmentation, can carry risks of long-term overpricing and other outsourcing pitfalls.
Your Own Blockchain Development is Better
Doing Blockchain development with your own team of software engineers is the ultimate alternative to traditional outsourcing models. Tech companies like yours can easily tap into the potential of Latin American or Eastern European markets via a tech R&D center solution.
Alcor’s 360-degree approach seamlessly covers Silicon Valley-caliber talent hiring, Employer of Record services, and operational support. Your reliable partner, Alcor, provides all of this.
Our team of 40 tech recruiters fills senior positions in 2-6 weeks, providing perfectly fit hires with an average tenure of 2.5 years. Meanwhile, our lawyers, account managers, and back-office staff handle legal compliance, payroll, onboarding/offboarding, and operational needs like office leasing and equipment procurement to make your expansion seamless and stress-free.
Result? Your own fully integrated R&D team in LATAM or EEโaligned with your culture from day oneโwithout the hassle of opening a legal entity and paying buy-out fees!
Expand With Your Own Blockchain Development
Alcor is your tech expansion accelerator for global growth
- From 0 to 100+ engineers in one key talent pool
- Employer of recordโno entity compliant employment
- Comprehensive in-country support
- No buy-out or other hidden fees
- Your team from day one. Your management. Your culture.
R&D Center vs. Outsourcing Blockchain Development
Software R&D Center
- Maximized savings Your own development team plus office costs 40% cheaper. Because you hire and get no buy-out fees & markups.
- Simplified recruiting Product creation and the feeling of ownership draw developers like moths to a flame. Hence, more loyalty to your company.
- Own branded office & rules You get your own physical office for ideation, innovation, and growthโwithout intermediaries.
- Intellectual property under control With direct agreements, you fully own your product and its source code, keeping unique expertise in-house.
- Easy investment attraction Establishing your own R&D center with a dedicated team will enhance your appeal to investors.
IT Outsourcing
- Cloudy pricing Gear up to pay way more than you initially expected: providers will only let you in on the total costs in the end.
- Frequent team changes Skilled software engineers are allocated between other projects, so you never know if your A-players will be snatched away.
- No corporate culture & employer branding Your offshore developers work under your outsourcing providerโs brand. Thus, no room for your corporate culture and policies is left.
- Shared intellectual property You share your IP with developers that come and go to other projects. As a result, the source code is never between you & team only.
- Not investment material Itโs tough to get investors onboard if you delegate your unique product creation to developers who will soon leave your team.
Companies Scaling with Alcor
Alcor is a reliable partner that meets our hiring needs. We finally hired experienced software engineers in Eastern Europe with strong tech skills and business acumen. Account Managers are awesome!
With Alcor’s all-in-one solution, we got a software R&D office with 15 senior PHP devs and a compliant operational coverage. I really appreciated their transparent pricing structure and deep expertise.
We interviewed a lot of EoR platforms and companies, but Alcor was the only one that provides a combo package of EoR and Recruting offerings. Alcor helped us build a full stack team in 1.5 month.
We wanted to switch from our outsourcing provider, and Alcor has become really game-changing for us. Within a mere 6 months, we got a fully-fledged team of 30 engineers in our own R&D office.
Alcorโs R&D solution eclipses full-cycle recruitment, EOR service, and operational support for our offshore team. Their ‘all-in-one place’ approach is far more cost-effective than I could’ve imagined.
I value their commitment to going the extra mile. We evolved from an outstaff project into an independent company, and Alcor’s support was crucial. They hired and ondoarded 15+ professionals for us.
Thanks to Alcor, we hired four engineers and a designer that strengthened our team. Beside stellar recruitment, Alcor flawlessly handled our payroll. Their approach was seamless and swift.
Alcor closed our 4 QA positions in a month and more than doubled the team in a year! We chose Alcor because of their communication style, cost, scope of services, and ideas to help us be successful.
FAQ
1. What should I do to start building a Blockchain development team with Alcor?
First, choose a tech hub where you want to set up your Blockchain team. It could be either in Latin America or Eastern Europe. Next, define the skill set and number of developers you need for your software product. The Alcor team can prepare talent availability and salary reports in a chosen location so you can have a better understanding of the local market. Then, you should decide if you require a physical office and additional operational support. If so, Alcor can easily cover all those for your R&D center to run smoothly. If you donโt have a legal entity abroad, no worriesโAlcorโs Employer of Record handles compliant onboarding and offboarding of your developers, as well as payroll, compliance, and benefits management.
2. What locations does Alcor provide services in?
When extending your team with Alcor, you can choose between two dynamic regions. Opt for nearshoring in Latin AmericaโMexico, Colombia, Argentina, or Chileโor offshoring in Eastern EuropeโPoland, Romania, Ukraine, or Bulgaria. Both regions offer access to 1.7+ tech talents, 2-3 times lower developer salaries, developed infrastructure, and tech-friendly incentives. Contact us to get a free report on market specifics, talent availability, and pay scales to pick the best destination for your future Blockchain R&D team.
3. How fast can Alcor build a Blockchain development team?
We can establish a fully backed Blockchain R&D team within 2-3 months. The time it takes to hire tech talents depends on the level of their expertise, skill sets, and numbers you need. However, we guarantee to hire senior software developers within 2-6 weeks, with 98.6% of our hires successfully passing probation. As your reliable R&D service provider in LATAM and EE, we handle Employer of Record services and operational functions to ensure your offshore Blockchain team operates seamlessly.
4. Can you headhunt C-suite for Blockchain development?
Yes, our team of 40 tech recruiters possesses hands-on experience in headhunting lead and C-level experts in the tech field. On average, it takes us 2-6 weeks to headhunt an IT manager who perfectly matches our clientโs needs and requirements.
5. What about payroll, accounting, and office lease?
Beyond tech recruitment, Alcorโs tech R&D center solution includes Employer of Record services and operational support. The former covers legal onboarding/offboarding of developers, compliance with local and international laws, monthly payroll and accounting, and benefits management. Since we have our legal entities in Latin America and Eastern Europe, there is no need for you to set up one abroad. If you need a physical office, our team will find the perfect office premises to meet your needs, negotiate the lease, and handle IT infrastructure setup and procurements.
6. What else does an R&D center model include?
Need extra services? We are here to provide you with visas, developer relocation, stock options, tax planning, and insurance provision. If your employer branding needs a boost in the local market, we can also launch a powerful campaign to increase awareness about your company. At Alcor, we deliver a turnkey tech R&D center solution, ensuring you enter a new market with total peace of mind.