ONDC : Open Network for Digital Commerce

The Government has formed a panel to deliberate on ONDC or open network for digital commerce platform. It will be based on open protocol. It will promote local e-commerce. Currently, e-commerce is platform-centric and buyer and seller use the same platform to complete a business transaction. Once the apps are connected to open network, buyers and sellers can proceed with their transactions, irrespective of the platform they use. ONDC backed by the government will curb digital monopolies. ONDC will support micro, small and medium enterprises (MSMEs). It will help them to be online. This will make e-commerce a level playing field. The sellers’ credentials will be checked to avoid cheating of the consumers. ONDC will digitise the entire value chain.

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