Vietnam’s Vietnam Blockchain Platform Uses Blockchain to Secure Data Nationwide

• Vietnam unveils Vietnam Blockchain Platform to secure national data via blockchain.
• Hybrid public-private design tackles centralized system flaws.

On April 25, 2025, Cointelegraph reported that Vietnam unveiled the Vietnam Blockchain Platform (VBP), a national blockchain platform designed to secure and verify data across government and private sectors. The platform reportedly addresses the shortcomings of traditional centralized data systems, including vulnerabilities, limited scalability, and restricted global compatibility.

The National Data Corporation (NDC) developed the platform, which is now operated by the Center for Data Innovation and Exploitation within the Ministry of Public Security's National Data Corporation. The platform employs a hybrid public-private design with 40 validator nodes, which are collaboratively managed by government entities and major corporations such as the National Data Corporation, Viettel, FPT, TC Motor, and Masan.

To improve efficiency and scalability, VBP utilizes a Proof-of-Authority (PoA) consensus mechanism. In addition, it incorporates advanced cryptographic technologies like zero-knowledge proofs to bolster security, an approach that allows for secure data verification while ensuring privacy.

The platform supports two key services: VBP DID and VBP Trace. VBP DID is a digital identity solution that enables individuals to use the VNeID application for authenticating contracts and accessing services. Meanwhile, VBP Trace facilitates product traceability by assigning unique, GS1-compliant identifiers to products, which helps exporters and consumers easily verify their origins.

The Vietnamese government plans to fully integrate VBP into the National Data Corporation's operations by the end of 2025, with a broader rollout to provincial authorities and universities scheduled for 2025. This initiative places Vietnam alongside other nations like China and the European Union, which have developed similar national blockchain infrastructures such as China's Blockchain-based Service Network (BSN) and the EU's European Blockchain Services Infrastructure (EBSI).