In a significant leap toward embracing the digital future, Vietnam has unveiled NDAChain, its state-backed blockchain initiative designed to fortify the nation’s digital infrastructure. This innovative platform, launched on July 25, is built with the dual goals of enhancing public services and securing data governance, placing Vietnam firmly in the growing wave of countries recognizing the transformative power of blockchain technology.
NDAChain operates as a permissioned Layer 1 blockchain and is gestated under the aegis of the Data Innovation and Exploitation Center, an arm of the Ministry of Public Security. The platform not only underscores Vietnam’s commitment to digital modernization but also serves as a pivotal element in integrating national digital services and identity systems. It supports a Proof-of-Authority model upheld by 49 validator nodes, which are managed by a mix of state entities and private players such as SunGroup, Masan, Zalo, Sovico, and VNVC.
What makes NDAChain particularly intriguing is its sophisticated use of zero-knowledge proofs, enabling the platform to maintain privacy and security while processing a staggering 3,600 transactions per second. Nguyen Huy, Head of Technology at the National Data Association, emphasized the hybrid nature of the surveillance architecture: “Vietnam has chosen a hybrid data architecture that blends centralized and decentralized components,” he stated, positioning NDAChain as a crucial protective layer for the nation’s live data, essential for bolstering both the economy and the digital society overall.
But the platform does more than just fortify a central digital identity framework. It rolls out two key features: the Decentralized Identity framework (NDA DID) and a product traceability solution (NDATrace). The NDA DID facilitates secure identity verification, which is vital for digital contracts and online interactions, while NDATrace ensures that every product is traceable through unique identifiers, enhancing both validation and cross-border tracking. By adhering to widely recognized international norms such as GS1 and W3C DID, NDAChain ensures that it not only integrates smoothly with existing national ID services but also interfaces effectively with global platforms, enhancing its international viability.
🚀 Vietnam to pilot a crypto trading platform, with a legal framework expected to be submitted for government review. #Vietnam #Crypto https://t.co/xobCjQPylO— Cryptonews.com (@cryptonews) March 6, 2025
Looking ahead, Vietnam’s aspirations for NDAChain go well beyond the initial rollout. By the close of 2025, plans are in place to extend the platform’s capabilities across provincial agencies and educational institutions, laying the groundwork for future applications. The roadmap includes integrating support for Layer 2 applications and fostering international collaborations, which signals Vietnam’s ambitions in the global digital arena.
So why is this development so crucial? The launch of NDAChain solidifies Vietnam’s position among an emerging global cohort of nations harnessing blockchain for public service and data governance. Similar projects, such as China’s Blockchain-Based Service Network (BSN), the EU’s European Blockchain Services Infrastructure (EBSI), and South Korea’s Klaytn, reflect a worldwide trend. Each of these initiatives seeks to secure identity systems, enhance supply chain traceability, and standardize data interoperability, but NDAChain’s hybrid model offers a unique approach by intertwining state and private sector resources.
For those intrigued by the digital evolution of governance, NDAChain raises several questions worth pondering: How does Vietnam’s blockchain initiative stack up against its counterparts like BSN and EBSI? The answer lies in its hybrid model that straddles both state and private validator nodes, positioning it distinctively within the global landscape. How relevant are international standards like W3C DID and GS1 here? They play a vital role in enabling NDAChain to connect with global services, thereby facilitating seamless digital identity verification across borders.
Ultimately, the deployment of NDAChain is more than just a technological advancement; it ties back to Vietnam’s broader strategic vision for a robust national data ecosystem. As the nation forges ahead with innovations in blockchain and digital services, it opens avenues for startups and emphasizes the importance of scalable solutions through 2026 and beyond.
As we observe these developments unfold, one thing is clear: Vietnam is gearing up to set a precedent in the world of blockchain technology, and we will be watching closely. What do you think about NDAChain’s potential impact on Vietnam’s digital landscape? Share your thoughts in the comments below!