1Matrix

What 1Matrix does

1Matrix (Công ty Cổ phần 1Matrix) is a privately-held Vietnamese information technology company founded in 2025 and headquartered in Hanoi that develops and operates a domestically-developed Layer 1 blockchain network under the "Make in Vietnam" initiative. The company's technology stack includes the multi-chain Vietnam Blockchain Service Network (VBSN), a proprietary Blockchain-as-a-Service (BaaS) platform, decentralized data standardization mechanisms, and full ownership of underlying intellectual property. It positions itself as the first fully domestic Layer 1 blockchain operator in Vietnam, with architecture designed to meet international technical and legal standards for security, scalability, and data protection.

The company monetizes through subscription and usage-based BaaS access, custom blockchain solution development, digital transformation strategy consulting, system integration, and training programs. Revenue is generated primarily from government organizations and private enterprises in Vietnam, with a secondary focus on startups and developer communities served through the VietChain Talents platform. Distribution combines direct enterprise sales, strategic technology and consulting partnerships (OneMount, BCG, ABAII), and community-led engagement via the company's leadership role in the Vietnam Blockchain and Digital Assets Association.

1Matrix is led by Chairman Phan Đức Trung, who also chairs the Vietnam Blockchain and Digital Assets Association. Notable operational milestones include recognition of its VBSN at the 1st National Party Congress on October 13, 2025, and the public commitment to serve more than 30 million customers directly and indirectly by 2030. The company has 51-100 employees, operates solely within Vietnam, and has not disclosed funding rounds, revenue figures, or external institutional investors.

Name

1Matrix

Legal name

Công ty Cổ phần 1Matrix

Website

https://1matrix.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

51–100 employees

Short description

1Matrix is a Hanoi-based Vietnamese blockchain infrastructure company that builds and operates a domestic Layer 1 blockchain network and Blockchain-as-a-Service platform, serving government agencies, private enterprises, and startups in Vietnam.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Software Publishers (5132), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Layer 1 Base Protocols & Consensus (execution, consensus, security, clients) (FSAPAAAA)

akta.pro secondary industries

Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Delegation, Representation & Voting Power Markets (FSAPAHAG), Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade) (FSAPAIAI)

Keywords

• Layer 1 blockchain infrastructure
• Blockchain-as-a-Service platform
• Decentralized data standardization
• Digital transformation consulting
• Web3 ecosystem development

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Blockchain-as-a-Service (BaaS): Subscription and usage-based revenue from providing blockchain infrastructure and platform services to enterprises, government organizations, and startups. Clients pay for access to the proprietary Layer 1 blockchain network and associated services.
2. Blockchain Solutions Development: Custom blockchain solution design, construction, and deployment services tailored to specific enterprise and organizational needs, including system integration.
3. Digital Transformation Consulting: Strategic consulting services including roadmap planning, blockchain application development, system integration, training, and technology transfer to ensure effective investment returns for clients.
4. Training and Education Programs: Organizing training programs, seminars, events, and community activities on blockchain and digital assets, contributing to awareness raising and practical blockchain adoption.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

1Matrix develops, owns, and operates Vietnam's first fully domestically-developed Layer 1 blockchain network ("Make in Vietnam") with complete intellectual property rights. The company delivers Blockchain-as-a-Service (BaaS), custom blockchain solution design and deployment, and digital transformation consulting to government agencies, private enterprises, and startups. It also runs the multi-chain Vietnamese Blockchain Service Network (VBSN) and the VietChain Talents talent development platform.

Product overview

1Matrix operates as a comprehensive blockchain platform providing both infrastructure and services. The core offerings include the 'Make in Việt Nam' Layer 1 blockchain network (Mạng Blockchain 'Make in Việt Nam'), the Vietnamese Blockchain Service Network (Mạng VBSN), and Blockchain-as-a-Service (BaaS) capabilities. Supporting these are VietChain Talents (a talent development platform), full-cycle blockchain solutions services, and digital transformation strategic consulting. The platform focuses on serving enterprises, government organizations, and startups across essential sectors including banking, healthcare, education, logistics, and public services.

Differentiator

Problem solved

Functional benefit

Brands

• VietChain Talents: Blockchain talent search platform offering prizes exceeding 3.5 billion VND
• VBSN (Vietnam Multi-Chain Blockchain Service Network)

Products and services

• "Make in Vietnam" Layer 1 Blockchain Network (Mạng Blockchain 'Make in Việt Nam') Proprietary Layer 1 blockchain network developed and operated entirely by Vietnam with complete technology ownership and intellectual property rights. Serves as the foundational infrastructure for the national blockchain ecosystem, providing stability, scalability, and security for enterprises and government organizations.
• Blockchain-as-a-Service (BaaS) Subscription and usage-based platform providing secure, efficient, and easily deployable blockchain services for enterprises, government organizations, and startup ecosystems. Clients access the proprietary Layer 1 blockchain network without building their own infrastructure.
• VBSN - Vietnamese Blockchain Service Network (Mạng VBSN) Multi-chain blockchain service network developed by 1Matrix, providing comprehensive blockchain services for businesses and government organizations. Recognized at the highest government level as part of Vietnam's national blockchain infrastructure.
• VietChain Talents Talent platform connecting and developing Vietnamese blockchain talent, with a prize pool exceeding 3.5 billion VND in cash prizes and additional valuable awards. Functions as a community engagement and ecosystem development channel for 1Matrix.
• Custom Blockchain Solutions (Giải pháp Blockchain toàn diện) Design, build, and deployment of customized blockchain solutions and services tailored to the diverse needs of individual enterprises and organizations. Includes system integration and implementation support across verticals such as finance, healthcare, education, logistics, and public services.
• Digital Transformation Strategic Consulting (Tư vấn chiến lược Chuyển đổi số) Comprehensive consulting services including strategic planning, blockchain application planning, system integration, training, and technology transfer, ensuring effective investment returns for clients undertaking blockchain-based digital transformation.

Quantifiable outcome

• Targeting 30+ million customers served by 2030
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• OneMountcoreStrategic or Co-development Partner · 1 January 2025Technology and development partner supporting 1Matrix in building blockchain infrastructure and ecosystem solutions for the Vietnamese market.
• BCG (Boston Consulting Group)coreStrategic or Co-development Partner · 1 January 2025Strategic consulting partnership for market development and solution design, bringing global best practices to Vietnam blockchain ecosystem development.
• ABAII (Viện Công nghệ Blockchain Trí tuệ Nhân tạo)coreStrategic or Co-development Partner · 1 January 2025Research and development partnership with the Institute of Blockchain and AI Technology, supporting innovation and technical advancement in blockchain solutions.
• Vietnam Blockchain and Digital Assets Association (Hiệp hội Blockchain và Tài sản số Việt Nam)coreStrategic or Co-development Partner1Matrix Chairman Phan Đức Trung serves as Chairman of the Association, and Business/Marketing Block Director Nguyễn Vân Hiền serves as Vice Chairman/General Secretary, providing leadership in industry development.
• VBSN (Vietnam Blockchain Service Network)coreStrategic or Co-development PartnerMulti-chain blockchain service network developed by 1Matrix, serving as Vietnam's national blockchain infrastructure with government recognition.
• Techcom Securities (Chứng khoán Kỹ Thương)minorStrategic or Co-development PartnerNguyễn Thị Dịu, Independent Board Member at 1Matrix, also serves at Techcom Securities, supporting fintech/blockchain integration in financial services.
• VietChain TalentscoreGTM or Marketing PartnerBlockchain talent development initiative with 3.5+ billion VND in prizes, serving as both community engagement and talent pipeline for the 1Matrix ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hyperledger (Linux Foundation): Open-source consortium of enterprise blockchain frameworks (Fabric, Besu, Indy). Comparable as permissioned/enterprise L1 infrastructure targeting consortia and regulated industries — directly overlapping with 1Matrix's VBSN multi-chain service network positioning.
• FPT Blockchain Labs: FPT Software's blockchain division providing enterprise blockchain solutions in Vietnam. Direct domestic competitor — 1Matrix's Solutions & Architecture Director Đỗ Văn Thuật previously led development at FPT Blockchain Labs, and both firms target enterprise and government customers in Vietnam.
• VeChain: Public Layer 1 blockchain focused on enterprise supply chain and tokenization use cases. Comparable as an enterprise-grade L1 with a similar 'V' branding and similar sovereign-infrastructure narrative targeting regulated verticals — although VeChain operates globally rather than within a single country.
• ConsenSys: Enterprise blockchain infrastructure and Ethereum tooling provider offering Infura, MetaMask, and bespoke enterprise solutions. Comparable as a full-stack enterprise blockchain services and infrastructure provider competing for government and large enterprise mandates.
• Polygon Labs: Layer 2/scaling infrastructure and enterprise chain solutions (Polygon CDK, Polygon PoS). Comparable as enterprise-grade blockchain infrastructure provider with sovereign-chain offerings competing for the same enterprise and government customers.
• Avalanche: Public Layer 1 with subnet architecture enabling custom app chains and enterprise deployments. Comparable as a high-performance L1 with customizable subnets that compete for tokenization and enterprise blockchain workloads.
• R3 (Corda): Enterprise distributed ledger platform purpose-built for regulated financial institutions and consortia. Comparable as a permissioned enterprise blockchain offering focused on financial services and inter-bank settlement — overlapping with 1Matrix's stated finance and settlement use cases.
• Hedera Hashgraph: Enterprise-focused distributed ledger with a governing council of multinational corporations. Comparable as a permissioned-style L1 with council governance and enterprise orientation — directly relevant to 1Matrix's VBSN consortium model.
• Ontology: Public Layer 1 focused on identity, data, and regulated enterprise applications. Comparable as an enterprise-oriented L1 with similar identity and decentralized data standardization capabilities.

Regional players

• Klaytn (Kakao / Ground X): South Korea-based Layer 1 blockchain with strong enterprise backing and a service-centric governance model. Comparable in architecture and target customer (large enterprise and government mandates), though it serves the Korean market rather than Vietnam — making it a regional rather than direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/VNblockchainnetwork
• Xx.com/1MATRIXVN
• LinkedInlinkedin.com/company/1matrix-vietnam-blockchain-network

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1Matrix