Vietnam has made significant progress in its digital transformation by launching the national blockchain platform NDAChain on July 25, 2025. This initiative is part of a broader strategy to create a secure and efficient digital infrastructure.
Why Does Vietnam Need a National Blockchain?
Vietnam's digital economy is rapidly expanding, with over 100 million individuals generating vast amounts of data daily. However, traditional centralized systems are vulnerable to cyberattacks and data leaks. Blockchain provides a secure and transparent method for storing and validating data.
How NDAChain Works
NDAChain is a permissioned Layer 1 blockchain that allows data authentication only for approved users. The network utilizes 49 validator nodes operated by businesses, including Zalo and MISA. NDAChain uses a Proof-of-Authority (PoA) system, making it faster and less energy-intensive compared to previous protocols. It supports up to 3,600 transactions per second.
Real-World Uses of NDAChain
One of the significant use cases is NDA DID, a digital identity solution that allows citizens to securely verify their identity during online transactions. Another key feature is NDATrace, a product traceability system that assigns a unique code to each item, ensuring authenticity.
In conclusion, NDAChain will play a crucial role in Vietnam's digital infrastructure, integrating into the national system and supporting various economic sectors. Despite facing challenges in terms of technical integration and public trust, the platform holds potential for transforming the country's digital landscape.
