100% financial technology startup founded by Vietnamese engineers reached the semi-finals of VietChain Talents 2025

Đức Vân |

2 solutions with national digital infrastructure of financial technology startups founded by 100% of Vietnamese engineers have reached the semi-finals of "VietChain Talents 2025".

The contest "Searching for Vietnamese Blockchain Talent: VietChain Talents 2025" has just officially announced the list of 51 entries to the semi-finals.

Ms. Nguyen Van Hien, Vice President of the Vietnam Blockchain Association, Head of the Organizing Committee of the VietChain Talents 2025 Competition, emphasized: 51 entries were selected for the semi-finals based on 4 criteria, including: Practice value, creativity, sustainability - expansion capability, and overall quality of the project.

The entries to the semi-finals were evaluated and voted by a Board of Judges, a prestigious professional council from many leading agencies and units such as the Government Equipment Committee, Vietnam Blockchain Association, 1 Matrix Company, Ministry of Science and Technology, Institute of cryptography, Institute of Advanced Mathematical Research (VIASM), Institute of cryptography Science and Technology and many large corporations such as Boston Consulting Group, Sotatek Technology Joint Stock Company, Viettel Cyber Security, AlphaTrue, ... and development partners.

At the VietChain Talents 2025 competition, Wikex stands out as a financial technology startup founded by 100% of Vietnamese engineers, attracting attention with two creative entries that all convincingly reached the semi-finals.

First is eVND Stablecoin, a digital currency backed 1:1 by the Vietnamese Dong, which plays a bridging role between traditional and non-central finance (DeFi). This digital currency is designed to ensure stability, transparency, and support DeFi applications such as lending, money transfers, and value chain payments on blockchain.

Behind eVND is SOVN Chain, a sovereign blockchain platform Layer-1 developed by Vietnamese people on the Substrate platform, supporting more than 10,000 transactions/second, integrating ZK technology to ensure security and high expansion capability.

This is a platform solution designed to serve key national applications such as digital identification, public asset management, public administration and interconnected financial transactions.

In the second competition, Wikex introduced the standardized digital asset trading floor model. This is considered the first platform in Vietnam to combine blockchain technology and domestic legal compliance. Wikex.vn aims to digitize, standardize and trade assets such as bonds, startup stocks, real estate, property rights... in the form of token, also known as Real World Assets (RWA). This is a breakthrough in forming a transparent, legal, low-cost digital asset market and easy to access for ordinary investors.

Wikex's two solutions are not independent but connect in a complete digital financial ecosystem, including DeFi products such as eVND-Lend, eVND-Bond, eVND-Remit and DAO governance model. All products are designed according to the philosophy of "taking advantage of design right from the design", easily integrating with national systems such as RAR Center (C06), commercial banking, population data platform and electronic identification.

VietChain Talents is the largest blockchain contest ever, up to 3.5 billion VND, with the first prize of the Layer 1 theme worth 1 billion VND in cash, the remaining 3 topics worth 500 million VND/tournament.

After 2 months of launching, the contest received more than 300 ideas from 220 teams, recording 138 official entries submitted. 51 semi-final entries will go through a live presentation to the Jury from July 21 to July 31, to select promising projects to enter the final round.

Đức Vân
RELATED NEWS

The benchmark for Information Technology in 2025 is from 14 points

|

Currently, many universities have announced the threshold to ensure input quality (landing point) for a series of training majors, including Information Technology.

National Strategy on Digital Assets Seminar

|

HCMC - On the morning of July 15, Lao Dong Newspaper organized a National Strategy seminar on digital assets: Policy for innovation and global integration.

More and more countries ban DeepSeek

|

The Czech Republic is the latest country to ban DeepSeek from all government agencies and organizations, citing cybersecurity concerns.

Famous Australian candy found to contain foreign objects, Ministry of Health immediately intervenes

|

After Australia urgently recalled a number of Allen's iNSiDE OUTS candies due to the discovery of plastic foreign objects, the Ministry of Health requested a review and suspension of business of this product.

Stock market liquidity unexpectedly drops sharply

|

The stock market still maintained green color but liquidity was quite low with a trading value of less than 14,000 billion VND in the trading session.

Overview of the 692 billion VND road connecting 2 expressways in Phu Tho

|

Phu Tho - The 2.7km longer route connecting Noi Bai - Lao Cai expressway with Tuyen Quang - Phu Tho expressway is in the process of being completed.

Official exam questions and answers for Literature subject of the 10th grade exam in Ho Chi Minh City

|

On the afternoon of June 5, the Ho Chi Minh City Department of Education and Training (GDĐT) announced the official exam questions and answers for Literature in the 10th grade entrance exam for the 2026-2027 school year.

Ministry of Education appoints many directors and principals of directly affiliated universities and colleges

|

The Ministry of Education and Training has completed nearly 95% of the plan to consolidate heads at affiliated educational institutions, with 51/54 units completing the arrangement of leadership personnel.

The benchmark for Information Technology in 2025 is from 14 points

Trang Trang |

Currently, many universities have announced the threshold to ensure input quality (landing point) for a series of training majors, including Information Technology.

National Strategy on Digital Assets Seminar

Nhóm PV |

HCMC - On the morning of July 15, Lao Dong Newspaper organized a National Strategy seminar on digital assets: Policy for innovation and global integration.

More and more countries ban DeepSeek

NGUYỄN ĐĂNG |

The Czech Republic is the latest country to ban DeepSeek from all government agencies and organizations, citing cybersecurity concerns.