According to Deep Tide TechFlow, Vietnam has launched a project called 1Matrix, aiming to create a self-developed Layer 1 blockchain. The project is jointly promoted by Techcombank, Techcom Securities, Masterise Group, and One Mount Group, in collaboration with the Vietnam Blockchain Association.
1Matrix is designed as a multifunctional blockchain to serve the strategic priorities of various industries in Vietnam, with the goal of enhancing data sovereignty, strengthening cybersecurity, and elevating Vietnam's position on the global stage. The project has received high-level support and has established a strategic alliance with the Boston Consulting Group.