Express
Vietnam Launches National Blockchain Platform NDA Chain
Summary: Vietnam has announced the launch of the national blockchain platform NDA Chain, developed by the Vietnam National Data Association (NDA) and operated by the Data Innovation and Development Center of the Ministry of Public Security. The platform utilizes the Proof of Authority (PoA) consensus protocol, with zero-knowledge proof technology to enhance security, and has 49 ...
Vietnam has announced the launch of the national blockchain platform NDA Chain, developed by the Vietnam National Data Association (NDA) and operated by the Data Innovation and Development Center of the Ministry of Public Security. The platform utilizes the Proof of Authority (PoA) consensus protocol, with zero-knowledge proof technology to enhance security, and has 49 public-private partnership validation nodes, including government agencies and companies like SunGroup, Zalo, and Masan participating in network security maintenance. The blockchain network will provide a decentralized trust layer for e-government, finance, healthcare, logistics, and education sectors. Additionally, NDAChain will support the NDA DID decentralized identity solution for transaction counterpart identity verification and digital contract signing. The Vietnamese government stated that the NDA Key application will achieve instant identity verification to prevent fraud and digital identity theft.
