Mandala Chain Foundation

Based in Indonesia and founded in 2023, Mandala Chain Foundation operates as a blockchain company that focuses on developing a platform that utilizes blockchain to enable network communication and application development. In July 2025, Mandala Chain Foundation raised an undisclosed amount of venture funding from returning investor Harbour Industrial Capital. Mandalachain specializes in developing decentralized digital identity infrastructure and scalable blockchain solutions aimed at enhancing digital interactions between government, enterprises, and retail users. Their primary offerings include secure, verifiable digital identities that facilitate streamlined access to government services, alongside a suite of applications for sectors such as banking, healthcare, and logistics.

The company collaborates with local banking cooperatives to deliver inclusive financial solutions while also providing interoperable medical data management systems that prioritize patient privacy. Additionally, Mandalachain focuses on asset tokenization, enabling liquidity and fractional ownership in real-world assets such as gold and real estate. These solutions are being deployed in Indonesia, which serves as the initial market for their offerings, before expanding to other emerging markets worldwide. Mandalachain's revenue model is built around partnerships and collaborations with various sectors, facilitating transactions that focus on B2B engagements and direct services to consumers.

The company generates revenue through agreements with financial institutions, healthcare providers, and government entities, leveraging their blockchain solutions to enhance operational efficiencies and compliance. Transactions include subscription-based services for access to their digital identity platforms, as well as fees associated with the tokenization of assets and management of medical data. The company will use the July 2025 funding to support its roadmap and regional expansion.