VBSN Sets Record With 6 Layer-1 Networks At 300K TPS

From “Make in Vietnam” Vision to a National Core Technology

The Vietnam Blockchain Service Network (VBSN) marks a major milestone in the country’s ambition to master blockchain technology. Developed by 1Matrix under the strategic consultancy of Boston Consulting Group (BCG) and guided by the Vietnam Blockchain and Digital Asset Association, VBSN aims to become a national blockchain infrastructure. Beyond technology, it represents a secure and transparent data and digital asset platform — a foundation for Vietnam’s ongoing digital transformation.
Experts view Vietnam’s decision to develop its own blockchain infrastructure, similar to initiatives in the European Union and China, as a strategic move to ensure data sovereignty, reduce dependence on foreign technologies, and strengthen its digital economy.

Impressive Performance and Multi-Chain Architecture

As of October 2025, VBSN has successfully built six Layer-1 blockchain networks capable of processing up to 300,000 transactions per second (TPS) — ranking among the fastest in the world.
Each Layer-1 can be deployed in under an hour and comes pre-integrated with a digital wallet, bridge, smart contract development tools, and RPC infrastructure. This plug-and-play design significantly reduces development costs and deployment time, allowing enterprises — even those without blockchain expertise — to adopt the technology easily. By combining scalability, speed, and accessibility, VBSN lowers the barriers for Vietnamese organizations to integrate blockchain into real-world operations.

Real-World Applications: From E-Government to Private Sector

VBSN is envisioned as the digital backbone for government data management, decentralized identity (DID), asset storage, and smart contract administration. When integrated with existing national databases, it enhances transparency, reduces network congestion, and improves the speed of digital document processing.
Da Nang City is the first locality to pilot VBSN for land management and electronic citizen identification. If successful, this model could pave the way for future smart cities across Vietnam.

In the private sector, VBSN is collaborating with major corporations and financial institutions such as MSB, SHB, T&T Group, and Dragon Capital to explore blockchain-based solutions for data governance and transaction optimization. Tech enterprises and blockchain startups are also using VBSN as a safe sandbox to develop and test decentralized applications (dApps). Thanks to its ability to scale both horizontally (across multiple independent chains) and vertically (customized for each industry), VBSN can be tailored to specific needs in finance, logistics, education, healthcare, and real estate.

A Path Toward Becoming Southeast Asia’s Blockchain Hub

According to David Chan, BCG’s Director of Partnership Development, VBSN draws inspiration from top global blockchain networks like Europe’s EBSI and China’s BSN, while adapting them to Vietnam’s unique context. It addresses key challenges such as security, scalability, and decentralization while dramatically reducing operational costs. With a strong “Make in Vietnam” vision and a fully domestically-built blockchain foundation, VBSN positions Vietnam to emerge as a regional blockchain hub in Southeast Asia in the near future.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.