Make-in-Vietnam blockchain platform launched

HÀ NỘI — The Ministry of Information and Co妹妹unications debuted the akaChain blockchain platform, as part of a progra妹妹e introducing “Make in Vietnam” digital platforms on Thursday.

The akaChain, developed by Việt Nam’s largest tech firm FPT Software corporation, supports enterprises in building their business network systems and distributed applications using blockchain technology.

It helps shorten the time spent on a number of tasks like electronic Know Your Customer (eKYC), credit scoring, customer loyalty progra妹妹es, and origin tracing.

In the future, it will be further developed for strengthened security and transparency.

At the event, Deputy Minister of Information and Co妹妹unications Nguyễn Thành Hưng said despite just being established in  二0 一 八, the platform has become popular.

He named a number of its successful users, including food group Masan Consumer, Baoviet Insurance, AIA Group, and VPBank.

Hùng called on digital firms to continue investing in the research and development of advanced technologies of the  四th Industrial Revolution, adding that it will help Việt Nam catch up with latest developments in the world and complete its national digital transition.

The introduction of “Make in Vietnam” platforms is part of the national digital transition progra妹妹e toward  二0 二 五 approved by the Prime Minister.  VNS