Introduction

The evolution of the financial business has opened doors for various new digital technologies; Cryptocurrency is one of them. The virtual currency regulating the economic trend at present and seems to run for long time in the future. Bitcoin, the very trendy example of digital currency. You can experience this technology customizing a Bitcoin mobile application, but a mobile app development company need to know the proper strategies and time while developing a Bitcoin mobile app. What technical needs and how much cost and time the developing process consume; you can figure out through the given study-

1. Blockchain

Technical needs

  • This is a mobile app that provides Bitcoin wallet available for Android and iOS. You can download it from Google play store easily, even though the application works on Window, Mac, and Linux.
  • It is also called hybrid app because it stores Bitcoins online. It is also moderately hard to make payment.
  • To manufacture of this app, developers require mostly Java to create backend service but sometimes they prefer Clojure and Node for backend design whereas AngularJS is used for frontend part.
  • For designing Blockchain website, designers need AngularJS, NPM, BitcoinJS, and Bootstrap etc. APIs for various languages code Python, Java, PHP, Ruby and.Net and so on.

Cost and Time Estimation

  • Development cost for Android – $27 500
  • Development cost for iOS – $25 000
  • Website designing cost – $5000
  • Designing cost – $7500
  • Backend development – $10 000
  • The total cost including other operating expenses- $79k approximately.
  • It may consume approx 550 hours of Android-based working whereas it will consume approx 500 hours for iOS development.

2.     Coinbase

Technical needs

  • The second most popular Bitcoin app which is leading mobile app development services over the entire world. It is available for Android and iOS and you can access it through web browsers too.
  • For the Coinbase – based services, developers are using several technologies and language code; they are combining Ruby, MongoDB, Node.JS, Swift (iOS) and Java (Android) etc.
  • For APIs and SDK you need to use some important elements like user and story management, Blockchain notification; therefore you can use some basic tools Google API, EDS, AWS, and others.

Cost and Time Estimation

  • Development cost for Android – $35 000
  • Development cost for iOS – $30 000
  • Website designing cost – $5000
  • Backend development – $10 000
  • Designing cost – $7500
  • The total cost including other operating expenses- $91k – $92k approximately.
  • For Android-based app manufacturing, it will take approx 700 hours for complete task whereas for iOS it may consume 600 hours.

3.     BitcoinJ

  • BitcoinJ is available only for Android system, still has the strong position in the market. In the manner, this application downloaded by 1million users on Google play store.
  • This app provides open source services, so anyone can use it for their business purpose. In some case, it is little different from other Bitcoin wallet apps.
  • If you want to develop wallet app, you need to pick up BitcoinJ API and REST API. It is performed in java but developers can use others JVM friendly code language implementing other like C++, javascript, Ruby, and python etc.

Cost and Time Estimation

  • Development cost for Android – $27 000
  • Development cost for iOS – $22 500
  • Website designing cost – $5000
  • Backend development – $10 000
  • Designing cost – $7500
  • The total cost including other operating expenses- $76k approximately.
  • For BitcoinJ Cryptocurrency, Android-based app development takes approx 550 hours whereas for iOS it may consume 450 hours.

Summary

This completely depends on your choice what services and tools you want to add in your Bitcoin application; picking your preferences you have to pay the much and more dollars how much it needs for developing the app. You can see the total estimation from the above study; approx $76k to $100k dollars will be charged if you are planning on a Bitcoin app development. Therefore you need to discuss the experts or developers to find the better outlines and mobile app solutions. Hopes, the case study would be helpful to get accurate and unique ideas.

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