Vietnam has recently unveiled NDAChain, a groundbreaking blockchain initiative that aims to revolutionize the country’s digital infrastructure. This state-backed blockchain platform, developed by the National Data Association and operated by the Data Innovation and Exploitation Center under the Ministry of Public Security, is set to play a pivotal role in Vietnam’s digital transformation journey.
NDAChain is designed as a permissioned Layer 1 blockchain that integrates seamlessly with the national digital services and identity systems. This innovative platform leverages a mix of centralization and decentralization, with a Proof-of-Authority consensus model supported by 49 validator nodes managed by a combination of public and private entities. Notable participants include SunGroup, Masan, Zalo, Sovico, and VNVC. With the ability to process up to 3,600 transactions per second, NDAChain is equipped with zero-knowledge proofs for enhanced security.
One of the key features of NDAChain is its support for decentralized identity (NDA DID) and product traceability (NDATrace) tools. NDA DID enables secure identity verification for digital contracts and online interactions, while NDATrace assigns unique identifiers to products for authentication and cross-border tracking. These tools seamlessly integrate with existing national ID services and adhere to international standards such as GS1 and W3C DID.
By the end of 2026, NDAChain is expected to expand its reach to regional and educational systems, paving the way for the development of Layer 2 applications. This strategic roadmap aligns with Vietnam’s broader digital infrastructure plan, which aims to foster innovation, support startups, and promote regional collaboration.
Vietnam’s foray into the realm of national blockchain infrastructure places it alongside other countries like China, the EU, and South Korea, who are also investing heavily in state-backed blockchain platforms. By harnessing the power of blockchain technology, Vietnam aims to enhance data governance, secure identity systems, and streamline supply chain traceability.
As Vietnam embarks on this transformative journey, it joins a global trend towards the adoption of blockchain technology for public services and data governance. With NDAChain at the forefront of this digital revolution, Vietnam is poised to accelerate its progress towards a more secure and efficient digital economy.
The original article was published on Cryptonews and has been slightly revised for a WordPress platform. The new content retains the essence of the key points while offering a fresh perspective on Vietnam’s national blockchain initiative.