Vietnam announces launch of national blockchain platform NDAChain

Vietnam announced the launch of the national blockchain platform NDAChain, which will serve as the core infrastructure of its digital ecosystem.

NDAChain was developed by the National Data Association of Vietnam (NDA) and operated by the Data Innovation and Development Center of the Ministry of Public Security. The platform adopts the Proof of Authority (PoA) consensus protocol, equipped with zero-knowledge proof technology to enhance security, and has 49 public-private partnership verification nodes, including state agencies and companies such as SunGroup, Zalo, Masan to participate in network security maintenance.

The blockchain network will provide a decentralized trust layer for e-government, finance, medical care, logistics and education. At the same time, NDAChain will support the NDA DID decentralized identity solution for counterparty identity authentication and digital contract signing. The government said that the NDAKey application will achieve second-level identity authentication, aiming to prevent fraud and digital identity theft.