Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.

Vietnam Launches Blockchain Network to Lead Tech Strategy

Vietnam Launches Blockchain Network to Lead Tech Strategy

1Matrix, an ecosystem member of Techcombank, One Mount Group, Masterise Group, Techcom Securities, also a member of the Vietnam Blockchain Association (VBA) was founded. as well as a strategic partner of Boston Consulting Group (BCG), has announced its initiative to build a “Make in Vietnam” blockchain network.

On May 6, 2025, 1Matrix officially debuted its project before a broad audience of government regulators, technology partners, and both domestic and international stakeholders. The initiative affirms 1Matrix’s mission to develop the Vietnam Blockchain Network, aiming to empower the country to master blockchain technology and establish a foundation for significant progress in the digital age.

Financial Technology Insights: NFS Leasing Rebrands as NFS Capital for Long-Term Growth

1Matrix aims to build foundational and core technologies from consensus algorithms and data mechanisms to network security and user experience based on the legacy of previous blockchain innovations. This will be the first blockchain service network designed and operated by Vietnamese professionals, fully compliant with international interoperability standards.

“Having complete control over blockchain technology and intellectual property will not only enable Vietnam to proactively apply the technology in its digital economic, societal, and future development, but also strengthen national sovereignty over data, ensure cybersecurity, and enhance Vietnam’s position on the global stage,” affirmed Mr. Phan Duc Trung, Chairman of the Board of 1Matrix and Chairman of the Vietnam Blockchain Association, at the launch event.

Financial Technology Insights: Bhutan, Binance Pay Launch Crypto Tourism Payment System

As part of the event, strategic cooperation agreements were announced between 1Matrix, the Vietnam Blockchain Association, and Boston Consulting Group (BCG), aiming to realize the goal of building a Vietnamese blockchain network and mastering strategic infrastructure technologies.

BCG is one of the world’s leading management consulting firms, known for working with governments and major enterprises in the areas of digital transformation, technology, innovation management, and sustainable growth.

Lieutenant General Dang Vu Son, former Head of the Government Cipher Committee, emphasized: “To truly establish its name on the global digital technology map, Vietnam needs more innovators, visionary enterprises like 1Matrix, and a technology ecosystem with depth and identity.”

Financial Technology Insights: NFS Leasing Rebrands as NFS Capital for Long-Term Growth

At the event, the Government Cipher Committee, the Vietnam Blockchain Association, and 1Matrix jointly announced the launch of the competition “VietChain Talents 2025”, with total prizes amounting to USD 135,000. The competition aims to identify, nurture, and gradually develop a high-quality talent pool for Vietnam’s blockchain technology sector.

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source: PR newswire

Share With
Contact Us