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Showing posts with the label #DigitalIndia #HowDigitalindiaworks #ONDC

How ONDC work

How ONDC Works The Open Network for Digital Commerce (ONDC) is a government initiative to create an open network for digital commerce in India. It is designed to enable buyers and sellers to interact with each other directly, without the need for intermediaries such as e-commerce platforms. ONDC works by providing a set of open standards and protocols that allow buyers and sellers to connect with each other. These standards and protocols are based on open-source technologies and are designed to be interoperable and scalable. ONDC is still in its early stages of development, but it has the potential to revolutionize the way digital commerce is conducted in India. It can help to: Reduce costs: By enabling buyers and sellers to interact with each other directly, ONDC can help to reduce the costs associated with digital commerce. Increase competition: By creating an open and competitive environment, ONDC can help to increase innovation and reduce prices for consumers. Empower small busines