Vietnam has introduced a government-operated blockchain network aimed at strengthening its digital infrastructure.
Known as NDAChain, the platform will be run by the Ministry of Public Security and was developed by the National Data Association to support a wide range of applications, from finance and logistics to public services and education.
Unlike traditional public blockchains, NDAChain is a permissioned network using a hybrid model that combines centralized oversight with decentralized features. The system will rely on 49 validator nodes, operated jointly by state institutions and major private-sector companies like SunGroup, Zalo, and Masan.
The platform uses a Proof-of-Authority consensus mechanism, enhanced with zero-knowledge proofs to ensure security and privacy. It will also support digital ID verification through a new solution called NDA DID, which enables rapid identity checks and contract signing.
Officials say NDAChain will serve as a trusted foundation for the country’s digital economy, helping secure live data while reducing fraud and inefficiency. While not fully decentralized, it reflects Vietnam’s attempt to modernize its systems without sacrificing control or oversight.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/vietnam-unveils-state-blockchain-to-safeguard-national-data/