May 6, 2025, Vietnam’s high-tech company 1 MatrixIt has been officially announced The country’s first Layer-1 Blockchain The network is fully designed, built and operated by Vietnamese engineers. This release Hanoi Vietnam marks a critical step as it moves towards full ownership of its core digital infrastructure.
In contrast to most blockchain platforms developed overseas, this new network is homemade – From consensus algorithms to user interfaces – Aiming for support Public Data Systems, Digital Finance, and Government Services.
1 Matrix Release Ceremony (Image: Vietnam Blockchain Association)
1What is a matrix and why it matters
1matrix is not a typical blockchain launch. That’s Strategic Members The ecosystem including TechCombank, 1 Mount Group, Masterise Groupand Techcom Securities – Key players in Vietnam’s financial and technical sector. The company is also a member Vietnam Blockchain Association (VBA) and partner Boston Consulting Group (BCG).
One matrix supported by these institutions has a long-term vision. National Blockchain Backbone For Vietnam. The goal is not only to build a blockchain, but Owns the underlying technologyfrom the protocol level to intellectual property. This allows Vietnam to implement blockchain Government operations, digital identity, finance, logisticsand more.
According to Phan duc trungThe project, which is the chairman of 1 Matrix and head of the Vietnam Blockchain Association, aims to ensure Data security, technology independenceand Vietnam’s higher global position in the blockchain space.
At the 1-Matrix launch ceremony, Hwang Duc Thurn gave a keynote speech, officially ousting the “Vietnamese Make-up” Layer-1 blockchain network. (Image: Vietnam Blockchain Association)
Blockchain, but publicly used
Unlike many blockchain initiatives that focus on speculation defi1matrix is aiming National Applications. The Layer-1 platform is designed with compliance and interoperability in mind. Public Sector Workflow.
The company said architectures will meet. International Interoperability Standardswhich means you can connect to the global system during your stay Under local control. This is important in the world Data Security and Digital Governance It is currently linked to national interests.
The network aims to support it.
- Government Data Infrastructure
- Regulated digital assets issuance
- A safe and scalable enterprise solution
Strategic partnerships to accelerate growth
1Matrix matches the Global Consulting Powerhouse Boston Consulting Group We will develop that platform. BCG brings deep experience by working with governments and businesses in digital transformation, and not only locally to the project, but also to Global Relevance.
The strategic cooperation agreement was signed between 1 Matrix, BCG, and the Vietnam Blockchain Association. Scale adoptionI would like to advise you about the policy Supports ecosystem development.
Investing in Talents: Vietchain Talents 2025 Contest
An important part of this initiative is Human resource development. 1Matrix has launched a national tournament called “Vietchain Talents2025” Discover and nurture blockchain developers and innovators.
in $140,000 prize poolthe contest focuses on four core themes.
- Layer-1 Blockchain Development (Best of $40,000)
- Distributed and centralized exchange
- Blockchain Bridge Infrastructure
- Blockchain Traceability Solutions
Educational institutions also benefit. The university where students received the highest award $8,000 institutional grant.
The contest will be open until June 20th. Encourage young people in Vietnam Participate in the blockchain movement and help build a sustainable local talent pool.
Policy support and future legal frameworks
The release of 1 Matrix is Resolution 57-NQ/TW and Decided 1236/QD-TTGa key government strategy targeting blockchain Priority sector For Vietnam’s economic future.
this is, Ministry of Finance drafting a legal framework Digital assets and plans Start a licensed digital currency exchange. Efforts are provided:
- Legal protection for digital asset investors
- Blockchain-based business regulation paths
- A framework for secure and compliant digital innovation
The goal is to prevent Capital Flightto secure it Tax Complianceand Unlock the value From Vietnam’s tech-savvy population – it is already ranked in the top three in the world for crypto ownership. $120 billion inflows in 2023.