Blockchain technology is a complete, distributed, and non-tamperable ledger database technology maintained by decentralization and consensus mechanisms, which enables participants in the blockchain to To achieve a unified ledger system.
The block is a public ledger, which can be maintained at multiple points; the chain is the timestamp stamped on it, which cannot be forged. Blockchain is essentially a technology that focuses on security and credibility over efficiency.
![Analysis of the relationship between blockchain development price and functional requirements1 Analysis of the relationship between blockchain development price and functional requirements](https://www.infocodecn.com/wp-content/themes/justnews/themer/assets/images/lazy.png)
Below we introduce the price of blockchain outsourcing development, as well as the issues that need attention during development, hoping to be helpful to readers who want to develop blockchain.
There are many kinds of blockchains: public blockchains, private blockchains, and industry blockchains. Depending on which one you plan to develop, the development price of different types will also vary.
Blockchain development functions: What functions do you need for the blockchain APP software you develop? The more functions you need and the more complex they are, the higher the price will be, and vice versa.
Blockchain transaction development: The transaction function of the blockchain, the development of the transaction function in terms of docking payment interface, etc., will cost a lot of money.
Blockchain application port: APP development requires different development costs for ios, android, and pc ports.
As we all know, there are many blockchain projects, the common ones are: blockchain mobile mining, digital currency exchange, digital wallet, blockchain mall, blockchain pet development, and blockchain games.
Blockchain software development is determined based on the development method and functions. Custom development is expensive, and the functions are many and complex.
The development cost of blockchain projects is generally budgeted according to the technical difficulty, and the approximate development cost estimated by Fangwei Technology ranges from hundreds of thousands to millions. The development cost is mainly based on the number of developers invested and the working hours. If the other party has ready-made system software, the project will be implemented much faster, but the cost will not be too low, after all, they have invested in it before.
For example, blockchain digital wallet software development. There are still many types of blockchain digital wallet apps. For example, online applications can be divided into many types, including full-node wallets, light wallets, and centralized wallets. In addition, they can also be divided into single-chain wallets and multi-chain wallets. There are two types of chain wallets, while offline use can be divided into paper wallets.
Different APPs have different functional requirements, so the price will naturally be different; like an APP development project with more functional requirements, its development difficulty will be greater, which in turn will affect the development cycle and the cost required for development. Moreover, functional requirements are also an important module in the development process. Customers can have in-depth discussions with the development company, conduct market research, and then determine development requirements based on user needs.