TechFlow news, on July 25, according to Cointelegraph, Vietnam has announced the launch of its national blockchain platform, NDAChain, which will serve as core infrastructure for its digital ecosystem.
Developed by the Vietnam National Data Association (NDA) and operated by the Public Security Ministry's Center for Data Innovation and Development, the platform uses a Proof-of-Authority (PoA) consensus protocol enhanced with zero-knowledge proof technology for security. It features 49 public-private partnership validation nodes, including government agencies and companies such as SunGroup, Zalo, and Masan participating in network security maintenance.
The blockchain network will provide a decentralized trust layer for sectors including e-government, finance, healthcare, logistics, and education. Meanwhile, NDAChain will support the NDA DID decentralized identity solution for counterparty authentication and digital contract signing. The government stated that the NDAKey application will enable second-level identity verification, aiming to prevent fraud and digital identity theft.
NDA technical lead Nguyen Huy said the blockchain will act as a protective layer for national real-time data, playing a crucial role in digital societal and economic development.
