Vietnam Launches NDAChain, Its New National Blockchain

Vietnam has launched its national blockchain platform, NDAChain, as multiple nation states continue to warm up to crypto and blockchain innovation. 

SGGP, a state-run newspaper affiliated with the Vietnamese Communist Party, announced the development in a recent report. Notably, the National Data Association (NDA) built the blockchain, with management handled by the Innovation & Data Exploitation Center under the National Data Center.

Vietnam Launches National Blockchain

According to the report, NDAChain was built to provide a secure, high-performance infrastructure for sectors like e-government, healthcare, finance, logistics, and education.

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The chain introduces a hybrid architecture that combines centralized control with decentralized verification. Essentially, it acts as a security layer that authenticates civil and economic data before this information reaches Vietnam’s National Data Center. 

NDA claims that NDAChain can process between 1,200 and 3,600 transactions per second while maintaining strict security standards through Zero-Knowledge Proofs (ZKP) and encryption. The system aligns with W3C Decentralized Identifiers (DID) and adheres to GDPR compliance.

NDA Trace

Meanwhile, as part of the national rollout, NDA has launched NDA Trace, a homegrown product traceability platform integrated with NDAChain and NDA DID. NDA Trace assigns unique identification codes to products. This enables transparent tracking from production to the consumer. 

Importantly, this system captures every supply chain activity as verifiable credentials and embeds them into packaging via QR codes or RFID chips. The identifiers follow GS1 global standards and are compatible with EBSI Trace 4EU.

In addition, citizens also now have access to NDAKey, a digital identity verification tool that allows individuals to confirm counterpart identities during key online transactions. Notably, this effort would bolster protection against identity theft and fraud. 

According to Nguyen Huy, head of technology at NDA, development on NDAChain continues, and the agency has called for collaboration from government agencies, businesses, and the public to support pilot projects and expand adoption.

Vietnam’s Stance on Crypto and Blockchain

Vietnam’s push into blockchain aligns with its growing regulatory stance on digital assets. Before 2023, crypto trading and ownership existed in a legal gray zone. The government had banned crypto payments but did not regulate trading or holding of digital assets. This changed in March 2023, when anti-money laundering laws came into effect, extending oversight to crypto activities.

By October 2024, the government launched its National Strategy for Blockchain, presenting a long-term plan for integration across critical sectors by 2030. In February 2024, the government tasked the Ministry of Finance with drafting a legal framework for crypto by mid-2025. 

This effort culminated in March 2025 with a directive from the Prime Minister mandating a comprehensive legal structure for managing digital assets. The National Assembly passed the Law on Digital Technology Industry (DTI Law) in June 2025, which formally recognizes digital assets and crypto, and is scheduled to take effect on January 1, 2026.

A Growing National Trend?

Vietnam’s efforts to embrace blockchain innovation align with international trends. Other countries have also begun exploring national blockchain platforms. 

For instance, China has invested heavily in a nationwide blockchain infrastructure, targeting rollout completion by 2025. Nigeria has also revealed plans to develop its own platform called Nigerium.

Meanwhile, countries like Estonia and the UAE have already integrated blockchain systems into government processes. Estonia has used blockchain in its registries since 2012, while Dubai seeks to fully transition government workflows to blockchain by the end of 2025.