In an exciting leap towards digitization, Vietnam has officially launched NDAChain, a pioneering blockchain initiative that promises to reshape the nation’s digital identity and service landscape. This state-backed project aims to integrate seamlessly with existing national digital services, making it a cornerstone of Vietnam’s digital economy for years to come. On July 25, the Data Innovation and Exploitation Center under the Ministry of Public Security announced this groundbreaking development, highlighting its significance for the nation.
So, what exactly is NDAChain, and why should we care? This platform is Vietnam’s first permissioned Layer 1 blockchain, designed to bolster the country’s digital infrastructure and data management capabilities. Operating under a hybrid model that intertwines elements of centralization with decentralization, NDAChain is poised to enhance both security and efficiency in handling sensitive data across various sectors.
With a Proof-of-Authority consensus model at its core, NDAChain ensures that transactions are verified by a network of 49 validator nodes, backed by a consortium of leading public and private entities including SunGroup, Masan, Zalo, Sovico, and VNVC. Notably, the blockchain is equipped with zero-knowledge proofs, enabling it to process up to an impressive 3,600 transactions per second. Such capabilities highlight Vietnam’s commitment to maintaining a dynamic and responsive digital economy.
“Vietnam has chosen a hybrid data architecture that blends centralized and decentralized components,” said Nguyen Huy, Head of Technology at the National Data Association. “NDAChain acts as a protective layer for the nation’s live data, critical to our digital society and economy.” This protection is particularly vital as the blockchain supports advanced frameworks like the decentralized identity framework (NDA DID) and NDATrace, a product traceability solution.
NDA DID will facilitate secure identity verification for digital contracts and online transactions, while NDATrace will provide unique identifiers for products, ensuring authentication and tracking across borders. Both of these systems are designed to integrate seamlessly with Vietnam’s existing national ID services and adhere to globally recognized standards such as GS1 and W3C DID. This commitment to international standards sets the stage for more robust digital identity verification and traceability, not just within Vietnam, but also in the global arena.
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Significantly, NDAChain places Vietnam alongside other nations that are embracing blockchain technology as a foundation for public services and data governance, following in the footsteps of models such as China’s BSN, the EU’s EBSI, and South Korea’s Klaytn. By the end of 2025, NDAChain is set to be rolled out across provincial agencies and educational institutions, enhancing the reach and functionality of government services and potentially positioning Vietnam as a leader in innovative digital infrastructure within Southeast Asia.
What lies ahead for NDAChain and Vietnam’s digital landscape? Experts are watching closely, as the platform is expected to expand its capabilities to support Layer 2 applications and foster collaboration with international partners. This will not only enhance the functionality of NDAChain but also integrate Vietnam more closely into the global blockchain ecosystem.
As we look to the future of NDAChain, several questions arise: How does this initiative stack up against similar projects like China’s BSN or the EU’s EBSI? While China’s blockchain operates under stringent centralization and the EU’s effort focuses on regulatory harmony, Vietnam’s hybrid model combines both state and private nodes, enabling more robust interactions across various platforms. Additionally, the adherence to international standards like W3C DID and GS1 will allow NDAChain systems to interface smoothly with global services, paving the way for broader acceptance and utility.
The launch of NDAChain goes hand-in-hand with Vietnam’s broader digital infrastructure strategy, which aims to support startups, nurture Layer 2 applications, and enhance regional implementation through 2026. As Vietnam steps into the future with this ambitious blockchain initiative, stakeholders are urged to engage, grasp the implications of these advancements, and partake in shaping the digital economy of tomorrow.
For more insights into global blockchain initiatives, check out resources from organizations like GS1 and W3C, which play pivotal roles in establishing standards that support various blockchain applications worldwide.