OPEN NETWORK FOR DIGITAL COMMERCE (ONDC)

Aug. 12, 2022

US firm Microsoft has become the first big tech company to join the Open Network for Digital Commerce (ONDC), a Government of India backed project.

About:

ONDC is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks.
ONDC is to be based on open-sourced methodology, using open specifications and open network protocols independent of any specific platform.
It is being developed as a counter to the current duopoly in the Indian e-commerce market which is largely dictated by Amazon and Walmart-owned Flipkart.

Source : Indian Express

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