According to ChainCatcher, citing Coin Track Daily, Vietnam has launched an ambitious project called 1Matrix, aimed at developing the country's first domestically developed layer-one blockchain. The project is driven by prominent institutions such as Techcombank, Techcom Securities, Masterise Group, and One Mount Group, and has now collaborated with the Vietnam Blockchain Association (VBA).
Unlike Ronin, the layer-one blockchain platform previously developed by gaming startup Sky Mavis, 1Matrix is designed as a multi-functional blockchain intended to serve strategic priorities across multiple industries in Vietnam. The project is not only technically significant but also carries a nationalistic undertone, with the goal of enhancing data sovereignty, strengthening cybersecurity, and elevating Vietnam's position on the global stage.
As a core project under the "Made in Vietnam" concept, 1Matrix has received high-level support, including from Major General Dang Vu Son, the former head of the government's cryptography committee, and has established a strategic alliance with Boston Consulting Group.
