The Data Economy: A Race No Enterprise Can Sit Out
Data has become a strategic asset no less important than financial capital or human resources. According to IDC, the total volume of global data reached 175 zettabytes in 2025, a fivefold increase compared to 2018. In Vietnam, the digital economy contributed approximately 16.5% of GDP in 2023, with a roadmap to grow to 20% of GDP by 2025 under Decision 1131/QĐ-TTg, and up to 30% of GDP by 2030.
🔑 Read more: National Blockchain and the Move to Build Trust Infrastructure in the Data Economy Era
However, data only creates value when it is trustworthy. A PwC survey reveals that 49% of CEOs globally confirm that the lack of trust between parties is the largest barrier holding back growth. The costs of data verification, transaction reconciliation, and risk management account for 5–10% of the value of every commercial transaction—a hidden fee that many enterprises accept as a matter of course.
The Data Paradox: More Data, Less Trust
Enterprises are collecting ever more data, but the ability to verify the origin and integrity of that data has not grown correspondingly. Traditional database systems allow data to be modified without leaving a trustworthy audit trail. When two enterprises wish to share data, both must rely on a third party to ensure accuracy, which increases costs, lengthens timelines, and reduces operational efficiency.
This is precisely the issue that Blockchain Layer 1 infrastructure resolves comprehensively: creating a shared, immutable authentication layer where all participating parties can verify data without needing to trust one another.
Why Do Enterprises Need a Layer 1 Blockchain Infrastructure—Rather Than a Layer 2 or a Private Chain?
Not all blockchains serve the same purpose. To understand why Blockchain Layer 1 is the strategic choice for large enterprises, it is necessary to clearly distinguish three common architectures.
1. Private Chain: Fast but Isolated
A private chain is operated by a single organization and is suitable for internal processes. However, a private chain cannot generate cross-organizational trust. Data on a private chain is only valuable within the scope of that organization and cannot be used as legal evidence or for reconciliation with external partners. Enterprises that own a private chain still face verification costs when conducting cross-organizational transactions.
2. Layer 2: Scalable but Dependent
Layer 2 solutions are built on top of an existing Layer 1, helping to increase speed and reduce transaction costs. However, Layer 2 is entirely dependent on the security and sovereignty of the underlying Layer 1. If the foundational Layer 1 is a foreign public chain, Vietnamese enterprises cannot control the operating rules, consensus mechanism, or data storage policies.
3. National Layer 1: Sovereignty, Trust, and Scale
Blockchain Layer 1 is the foundational layer where transactions are validated directly, consensus rules are established, and data is stored immutably. A nationally led Blockchain Layer 1 infrastructure delivers three advantages that no other architecture can match:
Data sovereignty: Enterprise and citizen data is stored on infrastructure operated by Vietnamese stakeholders and compliant with Vietnamese law.
Cross-organizational trust: A public–private consensus mechanism ensures that no single party can unilaterally alter data.
Network effects: The more enterprises participate, the greater the value of data on the network—growing exponentially, not linearly.
🔑 Read more: What is Blockchain Layer 1? Operating Mechanism and Pivotal Role in the Blockchain Ecosystem
Tangible Benefits: How Does Blockchain Layer 1 Generate ROI for Enterprises?
1. Reducing Verification and Reconciliation Costs
According to research from the World Economic Forum (WEF) and IBM, applying blockchain in supply chains reduces operating costs related to verification, reconciliation, and dispute management by 20–40%. For Vietnamese enterprises with revenue in the trillions of VND, these savings are equivalent to hundreds of billions of VND each year.
2. Accelerating Cross-Organizational Transactions
On a Blockchain Layer 1 infrastructure, EVM-compatible smart contracts enable automation of reconciliation processes, conditional payments, and transaction confirmation. Reconciliation times are reduced from weeks to minutes, freeing up cash flow and accelerating business cycles.
3. Elevating Brand and Reputation
Enterprises participating in validation on the national Blockchain Layer 1 will elevate their standing in Vietnam—becoming trusted partners in the eyes of customers, investors, and regulators. This is an intangible advantage with a direct impact on the ability to raise capital, expand markets, and sign major contracts.
4. Proactive Legal Compliance
Resolution 57-NQ/TW on breakthroughs in science and technology development, Decision 3090/QĐ-BKHCN, and the Law on Digital Technology Industry 2026 all identify blockchain as critical digital infrastructure. Enterprises that participate early will be in a proactive position when regulations on data authentication, origin tracing, and digital signatures on blockchain become mandatory.
The Validator Model: The Gateway for Enterprises to Join Layer 1
Unlike public blockchains where anyone can operate a network node, a national Blockchain Layer 1 operates under a Validator model in which validator nodes are licensed, ensuring both performance and legal accountability.
1. What Is a Validator and Why Should Enterprises Become One?
A Validator is a node that authenticates transactions on the Blockchain Layer 1 network. Each Validator participates in the consensus mechanism, confirming the validity of data before it is written to the chain. Enterprises that become Validators receive five strategic benefits:
National-standard data authentication: Data validated by the enterprise is recognized across the entire network.
Transparent reconciliation: Every transaction carries cryptographic proof, reducing commercial disputes.
Data sovereignty: Enterprises directly participate in protecting their own data and that of their partners.
Shaping industry standards: Validators have a voice in establishing the operating rules of the network.
Brand elevation: Validator status on the national blockchain infrastructure is a credential of credibility that no marketing campaign can replace.
NDAChain: National Layer 1 Blockchain Infrastructure for Vietnamese Enterprises
In the context of Vietnam's need for a Blockchain Layer 1 infrastructure mastered by Vietnamese stakeholders, NDAChain has been launched with the vision: "The State leads, enterprises participate, citizens benefit."
🔑 Read more: NDAChain: Vietnam's Layer 1 Blockchain Infrastructure
1. An Architecture Built to Serve Enterprises
NDAChain is developing a network of 49 public–private validator nodes, combining State agencies and leading enterprises. The system supports EVM-compatible smart contracts, enabling enterprises to deploy applications on the platform without having to build infrastructure from scratch.
The current Validators include some of the largest names in Vietnam's economy: SunGroup, Zalo, Masan, MISA, Sovico, VNVC, and more—evidence that multi-sector corporations have already recognized the strategic value of participating in the national blockchain infrastructure.
2. Three Target Enterprise Groups
Technology corporations: Integrate NDAChain into their product ecosystems, from identity authentication and customer data management to providing blockchain-as-a-service to smaller enterprises.
Multi-sector enterprises: Apply it in supply chain management, product origin tracing, intercompany reconciliation, and loyalty customer data management across the ecosystem.
Tech startups: Build applications on the NDAChain platform with low infrastructure costs, leveraging the network effects of the existing Validator ecosystem.
Real-World Applications: What Problems Does Blockchain Layer 1 Solve?
1. Transparent Supply Chains
Enterprises exporting agricultural products, food, or pharmaceuticals must prove product origin to international partners. On Blockchain Layer 1, every stage of production—from input materials to finished goods—is recorded with an immutable timestamp. Importing partners verify directly on the chain, without going through inspection intermediaries.
2. Cross-Organizational Financial Reconciliation
Multi-sector corporations with dozens of member companies currently spend weeks on internal accounts payable/receivable reconciliation processes. Smart contracts on Blockchain Layer 1 infrastructure automatically reconcile in real time, reducing errors and eliminating data disputes between parties.
3. Customer Data Management
In the data economy era, enterprises that collect customer data must ensure compliance with personal data protection regulations. The national Blockchain Layer 1 provides a transparent audit layer that records who accessed what data, when, and for what purpose—thereby meeting legal requirements and building consumer trust.
🔑 Read more:Vietnam's Blockchain Layer 1: When Vietnamese Stakeholders Master Core Technology
Blockchain Layer 1 – The Digital Trust Infrastructure for Prosperous Enterprises
In the data economy, speed and trust are two life-or-death factors. The enterprises that own digital trust infrastructure earliest will hold the most sustainable competitive advantage. NDAChain – the national Blockchain Layer 1 mastered by Vietnamese stakeholders – is more than a technological solution; it is a strategic platform that helps optimize the value of data and create breakthrough business models. Join NDAChain in pioneering the construction of national digital infrastructure.
Explore now: The architecture and ecosystem supporting Vietnamese enterprises at https://ndachain.vn
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