Vietnam Announces Launch of National Blockchain Platform NDA Chain

By: theblockbeats.news|2025/07/25 21:42:14
0
Share
copy

BlockBeats News, July 25th, according to Cointelegraph, Vietnam has announced the launch of the national blockchain platform NDA Chain. NDAChain is developed by the Vietnam National Data Association (NDA) and operated by the Data Innovation and Development Center of the Vietnamese Ministry of Public Security. The platform adopts the Proof of Authority (PoA) consensus protocol, is equipped with zero-knowledge proof technology to enhance security, and has 49 public-private partnership validation nodes, including government agencies and companies such as SunGroup, Zalo, and Masan participating in network security maintenance.

This blockchain network will provide a decentralized trust layer for areas such as e-government, finance, healthcare, logistics, and education. At the same time, NDAChain will support the NDA DID decentralized identity solution for transaction counterparty identification 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.

You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

How to exit after asset tokenization?

Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

How does the GENIUS Act reshape the stablecoin landscape?

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com