Big news comes from the crypto world of Vietnam. Kucin, one of the largest worldwide crypto fairs, has joined the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix with teams. According to Wu Blockchain, the three forces are joining to make blockchain technology stronger, to help grow digital assets and support the digital economy of Vietnam.
Three groups, one goal
This collaboration brings three groups together that each do something important. Kucin offers technology and global experience. 1Matrix knows the local market well and processes the infrastructure. Just like his Vietnam Blockchain Multi-Chain Service Network (VBSN), which helps to quickly set up blockchain systems. VBA deals with policy and rules to ensure that everything fits in with Vietnam’s National Blockchain plan for 2025-2030.
All together, these three teams want to make blockchain in Vietnam safer, easier to use and more competitive all over the world.
What they want to achieve
They have a few big goals. First, they want to build local platforms where people can easily and easily trade digital assets. They are also planning to create a blockchain-based payment system that can make transactions faster and easier for everyone. Another of the goals is to develop safe digital ID systems, so that people can prove who they are online. Finally, they will set up tools to handle the risks and to ensure that transactions are safe and reliable.
All these efforts support Vietnam’s blockchain strategy and show that the country is serious about the use of technology to grow its economy.
Kucin’s dedication
Kucin is enthusiastic about the partnership. The CEO, Johnny Lyu, said that the company wants to help people to trust digital assets, teach them about blockchain and support local startups. Kucin has more than 41 million users in more than 200 regions, so it offers a lot of experience.
Kucin also has top security certifications and is recognized by Forbes as one of the best crypto fairs. That means that the company takes safety very seriously and helps new markets to grow.
VBA’s role
VBA is the first official blockchain organization of Vietnam, founded in 2022. It investigates Blockchain, states standards and ensures that projects follow national policy. With VBA in the partnership, the projects are well guided and remain safe for users.
1Matrix: Building local systems
1Matrix focuses on blockchain infrastructure in Vietnam. The VBSN platform supports digital IDs, data management and public services. Working with Kucin and VBA, helps to make the blockchain practical for daily use in companies, government and citizens.
Look forward
This collaboration is a big step for Vietnam. Combining technology, local knowledge and policy guidelines can make Vietnam a leader in blockchain in Southeast Asia.
For companies and citizens it promises faster, safer and more reliable digital services. It also shows how blockchain can help people’s daily life and not just large companies. For the global crypto community it shows that local and international teams can work together to grow blockchain in a responsible manner.
Why it matters
The Kucoin, VBA and 1Matrix deal is more than a business agreement. It is a sign that Blockchain becomes a fairly important part of the future of Vietnam. By working together, these groups open ways for new ideas, education and growth.
This collaboration could get more companies and investors who are interested in Vietnam’s digital economy. It also shows how technology, local knowledge and clear rules are a need. And how the blockchain can make safe, easy and useful for everyone to use. In the coming years, this team work could even motivate other countries to try such projects. Making blockchain easier for people around the world to use.