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Vietnam has launched its self-developed 1Matrix Blockchain, aimed at enhancing digital independence.
According to Deep Tide TechFlow news on May 10, Coin Track Daily reported that Vietnam has launched an ambitious project called 1Matrix, aimed at creating the country's first self-developed Layer 1 Blockchain. This project is jointly promoted by well-known institutions such as Techcombank, Techcom Securities, Masterise Group, and One Mount Group, and has now partnered with the Vietnam Blockchain Association (VBA).
Unlike the first-layer blockchain platform Ronin developed by the Vietnamese game startup Sky Mavis, 1Matrix is designed as a multifunctional blockchain aimed at serving the strategic priorities of multiple industries in Vietnam. This project not only has technical significance but also carries a nationalist tone, aiming to enhance data sovereignty, strengthen cybersecurity, and elevate Vietnam's status on the global stage.
As a core project under the "Made in Vietnam" concept, 1Matrix has received high-level support, including from former government cryptography committee head General Dang Vu Son, and has established a strategic alliance with the Boston Consulting Group.