Open network for e-commerce: It’s an idea whose time has come
SummaryONDC offers a global template for using technology as a public good at population scale in an inclusive and equitable way
The fast-expanding digital economy has been one of the major supporting pillars for the country in recent times. India has the world’s highest fintech adoption rate of 87%, as compared with the global average of 64%. Three of the largest public digital platforms in the world are from India: Aadhaar is the largest unique digital identity platform, Unified Payments Interface (UPI) is the largest digital payments ecosystem, and Co-Win is the largest vaccination platform.