Let’s face it, when people think blockchain they think cryptocurrency and the trading market built around it. It is what gets most of the hype, publicity, and headlines around the world. Blockchain is not about cryptocurrency solely, it is an emerging technology that has the chance to radically revolutionize any industry through the use of smart contracts, public transparency, and process optimization.
At the core of this movement is the vast web of blockchain developers that grind out code after code to develop the backbone of the tokenized ecosystems and protocols that fuel the legitimacy and growth of the ecosystem. A recent report by freelancing website Upwork found just how in demand these developers are:
“Blockchain appears to be the next uncharted, highly talked about technology similar to what the ‘cloud’ was back in the mid-2000’s,” the Upwork report says. “Its growth exceeded 2,000% for three quarters in a row on Upwork.com, and in Q1 it experienced more than 6,000% year-over-year growth, making it the fastest-growing skill out of more than 5,000 skills on the site.”
As the demand for blockchain development grows, there is a clear shortage of qualified engineers that specialize in this field. The effect of this demand and overall popularity of the industry has led to blockchain startups dedicated to providing the resources and tools needed to help developers scale effectively while saving time on mundane tasks that could otherwise be automated. Below are three startups that caught our eye in their fight to providing services that can be utilized to help developers and companies better adopt and grow blockchain tech.
Buddy is a decentralized development automation platform helping put application development on auto-pilot. The company, based in Poland, recently shared more insight into its continuous delivery platform which will make smart contract implementation easy and help EOS-based decentralized applications become more efficient.
In practical terms, Buddy will streamline the release of smart contracts on the blockchain every time a change is introduced to the code. This saves a lot of time and allows EOS developers to focus more on new coding rather than running lots of commands time after time. It’s also perfect for EOS Global Hackathons when there are a lot of app iterations. Buddy’s automation also makes front-end implementation much easier, helping developers save time.
These are the kinds of solutions that do not get as much of the spotlight as they should, but are critical for growing the market through product launches. Without developers and these kinds of solutions, nothing of substance would be built. The full details and explanation of Buddy’s innovative continuous delivery platform can be found here.
2. Menlo One:
Menlo One, a company who is making a much-anticipated suite of developer tools for building decentralized apps (dApps) announced they are launching the first dApp built with their framework. The hope of Menlo One is to help developers to create dApps with improved speed and a user-friendly experience with a ready-made development framework.
Their debut dApp using the Menlo framework is called “Block Overflow”, and it’s a spin on Stack Overflow, a popular Q+A site where software developers post “how do I get this thing to work?” style questions to a developer community.
While Stack Overflow is a favorite among most developers, the wait time to get an answer can be grueling when stuck on a problem. Block Overflow’s spin is that the person who correctly answers the question get paid in tokens, and the responses are timed to incentivize responders to reply quickly. The result is a mixture of Stack Overflow and the game show Jeopardy. Menlo One is adding a caching layer to make dApps feel more like the old web. It seems like the infrastructure to make dApps ready for the mainstream is moving at an exponential rate.
3. Morpheus Labs:
Morpheus Labs, a company which provides a full stack Blockchain Platform-as-a-Service (BPaaS) recently announced it is partnering with Neurochain, blockchain’s first Machine Learning (ML) and Artificial Intelligence (AI) based infrastructure to further enhance the Morpheus and overall blockchain ecosystem.
NeuroChain allows users to create business applications that natively connect to a multitude of databases. Anyone and everyone can be represented by a Bot on the network that notes and communicates the user’s behavior on the network. With Morpheus constantly on the lookout for protocols that can add value, this specific combination will enable the platform to offer some particular use cases.
Morpheus Labs Co-Founder Bronson Lee states, “With the adoption of NeuroChain, we are building highly scalable blockchain platforms and applications to support the entire ecosystem in the blockchain era, to resolve complex real-world issues while serving enterprises and government sectors across regions.”
Overall, as more tools and resources become available, the speed at which developers can ship products will increase. The general consensus is that this will eventually lead to apps that will be widely adopted with friendly UX/UI and platforms that help change how we transact and communicate day to day. It is not surprising with this in mind that the blockchain industry is expected to grow to over $16 billion in 2024, with the potential to be much higher when taking into account the size of the cryptocurrency market cap which currently sits over $200 billion. Time will tell.Opinions expressed here by Contributors are their own.