Might 6, 2025, Vietnam's high-tech firm 1 MatrixIt has been formally introduced The nation's first Layer-1 Blockchain The community is absolutely designed, constructed and operated by Vietnamese engineers. This launch Hanoi Vietnam marks a important step because it strikes in direction of full possession of its core digital infrastructure.
In distinction to most blockchain platforms developed abroad, this new community is home made – From consensus algorithms to person interfaces – Aiming for assist Public Information Programs, Digital Finance, and Authorities Providers.
1 Matrix Launch Ceremony (Picture: Vietnam Blockchain Affiliation)
1What is a matrix and why it issues
1matrix is not a typical blockchain launch. That's Strategic Members The ecosystem together with TechCombank, 1 Mount Group, Masterise Groupand Techcom Securities – Key gamers in Vietnam's monetary and technical sector. The corporate can be a member Vietnam Blockchain Affiliation (VBA) and companion Boston Consulting Group (BCG).
One matrix supported by these establishments has a long-term imaginative and prescient. Nationwide Blockchain Spine For Vietnam. The aim will not be solely to construct a blockchain, however Owns the underlying know-howfrom the protocol stage to mental property. This enables Vietnam to implement blockchain Authorities operations, digital identification, finance, logisticsand extra.
Based on Phan duc trungThe challenge, which is the chairman of 1 Matrix and head of the Vietnam Blockchain Affiliation, goals to make sure Information safety, know-how independenceand Vietnam's larger world place within the blockchain area.
On the 1-Matrix launch ceremony, Hwang Duc Thurn gave a keynote speech, formally ousting the “Vietnamese Make-up” Layer-1 blockchain community. (Picture: Vietnam Blockchain Affiliation)
Blockchain, however publicly used
Not like many blockchain initiatives that target hypothesis defi1matrix is aiming Nationwide Purposes. The Layer-1 platform is designed with compliance and interoperability in thoughts. Public Sector Workflow.
The corporate mentioned architectures will meet. Worldwide Interoperability Requirementswhich suggests you may hook up with the worldwide system throughout your keep Beneath native management. That is essential on the earth Information Safety and Digital Governance It’s at the moment linked to nationwide pursuits.
The community goals to assist it.
- Authorities Information Infrastructure
- Regulated digital property issuance
- A secure and scalable enterprise resolution
Strategic partnerships to speed up development
1Matrix matches the International Consulting Powerhouse Boston Consulting Group We’ll develop that platform. BCG brings deep expertise by working with governments and companies in digital transformation, and never solely regionally to the challenge, but additionally to International Relevance.
The strategic cooperation settlement was signed between 1 Matrix, BCG, and the Vietnam Blockchain Affiliation. Scale adoptionI wish to advise you concerning the coverage Helps ecosystem growth.
Investing in Abilities: Vietchain Abilities 2025 Contest
An essential a part of this initiative is Human useful resource growth. 1Matrix has launched a nationwide match known as “Vietchain Talents2025” Uncover and nurture blockchain builders and innovators.
in $140,000 prize poolthe competition focuses on 4 core themes.
- Layer-1 Blockchain Growth (Better of $40,000)
- Distributed and centralized alternate
- Blockchain Bridge Infrastructure
- Blockchain Traceability Options
Academic establishments additionally profit. The college the place college students acquired the very best award $8,000 institutional grant.
The competition can be open till June twentieth. Encourage younger individuals in Vietnam Take part within the blockchain motion and assist construct a sustainable native expertise pool.
Coverage assist and future authorized frameworks
The discharge of 1 Matrix is Decision 57-NQ/TW and Determined 1236/QD-TTGa key authorities technique focusing on blockchain Precedence sector For Vietnam's financial future.
that is, Ministry of Finance drafting a authorized framework Digital property and plans Begin a licensed digital forex alternate. Efforts are offered:
- Authorized safety for digital asset traders
- Blockchain-based enterprise regulation paths
- A framework for safe and compliant digital innovation
The aim is to forestall Capital Flightto safe it Tax Complianceand Unlock the worth From Vietnam's tech-savvy inhabitants – it’s already ranked within the high three on the earth for crypto possession. $120 billion inflows in 2023.
