competition success review annual subscription
competition success review annual subscription Published this article page no 32 Enhanced Discoverability for small retailers Once a retailer lists its products or services using the ONDCs open protocol the business can be discovered by consumers on ecommerce platforms that follow the same protocol.Increasing efficiency in logistics movement It would help in standardizing operations and promote inclusion of local suppliers which would drive efficiencies in logistics and lead to enhancement of value for consumers.Ease of doing business Businesses are expected to benefit from transparent rules lightweight investment and lower cost of business acquisition. o It is also expected that the timetomarket as well as timetoscale shall also be substantially reduced.Faster adoption of digital means It would encourage easy adoption of digital means by those currently not on digital commerce networks. Way ForwardTechnical Decentralization The government should restrict its role to facilitating standards and protocols that provide open access.Minimal personal data collection Data exchange protocols should be designed to minimize friction but be based on clear rules that protect the consumer interest i.e. the platform should be built on privacy by design principles.Utilizing new technologies For instance tools like blockchain could be used to build technical safeguards that cannot be overridden without active consent.Reference application Creation of nonmandatory reference applications for organic adoption of the network similar to BHIM App can be done.Supplementing with tightlytailored regulations such as passing the data protection bill and creating an independent regulator should be a precondition competition success review annual subscription buy.
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