21 Apr ENIGMA FINALE – the beginning of Blockchain era in Vietnam

ENIGMA, the #1 blockchain business contest, came to a close with the final event on April 9th, 2017, at Dreamplex 2, Binh Thanh District, Ho Chi Minh City, Vietnam. The finalists’ presentations allowed hundreds of tech enthusiasts from numerous backgrounds to witness blockchain technology and its application through interactive work and discussion.

The ENIGMA auditorium was filled with participants from different backgrounds.


The applicants worked rigorously on polishing their business plans in only a short amount of time. A strong team of 30 local and international mentors and trainers offered hands-on support through the entire 6-week intensive bootcamp on blockchain technology & business planning which included frequent rehearsals and demonstrations. With different projects created involving industries ranging from agriculture to healthcare and education, the ENIGMA contest showcased the many promising ways blockchain technology can provide unprecedented technical and business solutions.

BKIT – Smart Agricultural Products Exchange

Fund & Stock –  Blockchain Funding Management System

Turing –  Blockchain Healthcare System

Ha Noi Team – Vietnam Education Technology with Blockchain Technology

Nong san team – Provenance Tracking System Using Blockchain technology

Smart Resources – Computer Resource Sharing based on Docker and Blockchain Technology

Drop Deck – investment matching platform leveraging blockchain technology


During the final round, each team had five minutes to  pitch their project idea followed by 5 minutes of Q&A with the panel of judges from Microsoft, Bosch Vietnam, TMA Solutions, Ho Chi Minh City Computer Association, Ho Chi Minh University Of Technology (Bach Khoa University), SPC Vietnam, and Infinity Blockchain Labs. The Drop Deck project was eventually announced as the champion of 2017 ENIGMA Contest with huge applause from the judges and audience.


The DropDeck concept combines blockchain & AI technology to solve trust problems between startups, investors and service providers. While AI ensures the reliability of each stakeholder and produces viable recommendations, blockchain technology contributes a shared and reliable registry for the three parties to ensure transparency, reduce operation costs, and protect the investee in case the investor breaches the contract.

The top 3 teams of ENIGMA 2017 on the stage with Junya Yamamoto – President of CARDANO Lab/Infinity Blockchain Labs and Ms. Nicole Nguyen – Head of Corporate Marketing, CARDANO Lab/Infinity Blockchain Labs


Nicole Nguyen – Head of Corporate Marketing, Infinity Blockchain Labs closed the curtain on the ENIGMA contest by announcing the rebranding of CARDANO Labo to Infinity Blockchain Labs (IBL). This change is effective from April 1st, 2017 and derives from the corporate vision of capitalizing on infinite and cross-border business opportunities for blockchain technology research and development.

Ms Nicole Nguyen dropped the curtain of ENIGMA Final Round event with her closing speech.


Overall, the participants greatly enjoyed creating and witnessing innovative business plans. The event showcased a groundbreaking platform that can unite entrepreneurs and enthusiasts from IT and Fintech industries while enabling the sustainable development of a blockchain ecosystem in Vietnam. Hopefully, more people will form partnerships and realize their full potential to make Vietnam the blockchain hub of the world.


Mr Vu Anh Tuan – General Secretary of Hochiminh City Computer Association shared that “this is the first ever blockchain business contest in Vietnam and it was well-prepared in every tiny detail. All the finalists are such talented and brilliant individuals. Though blockchain is still nascent in [the] Vietnam market, I highly believe in the significant growth of this technology in the near future.”


Mr Huynh Bao Toan – Technical Evangelist of Microsoft Vietnam said “At first, I [was] quite concerned about the ideas since applicants only had a 6-week intensive training to understand about blockchain. However, after judging all the presentation, I am really impressed with how they can apply Blockchain to solve various problem in healthcare, agriculture, finance”


Mr Hong Tran – Vice President of TMA Solutions Vietnam said “Blockchain is currently the trendy technology in the world and it is going to develop rapidly in Vietnam in the near future. The more Blockchain Contests like ENIGMA [are] organized, the more chances the students and tech savvy will have to fully understand about this potential technology”.


About ENIGMA – #1 Blockchain business contest in Vietnam

Embracing the world’s enthusiasm for blockchain technology, its market potentials and the many talented young people in Vietnam, we organized the first ever blockchain-based project contest to promote the technology to the public through pragmatic, innovative and unprecedented use cases and applications. In coordination with major local innovators and entrepreneurs, the event was also the first step in creating an innovative blockchain ecosystem in Vietnam that will lead in the blockchain movement that is sweeping the world.

We are privileged enough to have SPC as our premium partner alongside with silver partner Microsoft. ENIGMA also received support from over 30 leading banks, financial institutions and tech companies throughout Vietnam including ACB, Timo, TMA Solutions, Silicon Straits, GetLinks and Bosch Vietnam. Thanks to top startup communities from the North to the South including Toong & Up coworking space (Hanoi), DNES (Da Nang), CirCO, SHIELD and Saigon Innovation Hub (HCMC) plus top tech and business universities in the country including Bach Khoa Ho Chi Minh city, Bach Khoa Da Nang, Duy Tan, University of Economics in Da Nang, Vietnam – UK Institution of Research and Education, Binh Duong university, Vietnam Academy of Science and Technology (V.A.S.T) and Can Tho university, we have reached out to 500+ students and major startup communities in 4 key cities of Vietnam.

Mr Junya Yamamoto presented bouquets & crystal trophy to ENIGMA partners


Huge thanks to our local and other international partners Intrepid Ventures, JetView SEAsia, the Ventures and Emerging Innovation for making ENIGMA a truly vibrant rendezvous for local and international blockchain enthusiasts!

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