Vietnam Rolls Out NDAChain to Power National Digital Identity System
Main Idea
Vietnam has launched NDAChain, a blockchain platform combining centralized and decentralized technology, to support its national digital identity system and improve transaction verification.
Key Points
1. NDAChain is designed to enhance reliability and systems for Vietnam's national digital identity system (NDA DID).
2. The platform uses 49 validator nodes operated by government bodies and major private companies like SunGroup, Zalo, Masan, MISA, Sovico, and VNVC.
3. NDAChain aims to enable secure digital interactions without exposing personal details through the NDAKey app, allowing quick identity confirmation.
4. The network combines centralized and decentralized technology to achieve its goals.
Description
Vietnam has launched a national blockchain system to support the digital tools and services used across the country.
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