Open Networks for Effortless Commerce
Key Features of Open Networks
- Interoperability
- Standardized protocols for communication
- Accessibility
- Available to everyone, User-centred design
- Building blocks
- Minimal, reusable building blocks, no end to end solutions
- Data transparency
- Foster trust and collaboration
- Decentralised governance
- No central entity or central authority governs the network alone. Security and privacy depend on quality of governance
- Ecosystem driven
- Depends on implementers, facilitators, and end users
Open Networks are possible because of the existence of Protocols
Networks
Protocols
- TCP/IP HTTP
- SMTP,POP3
- GSM/SMS
Networks
- Open networks run on shared languages, sets of rules called protocols, that let different platforms and providers talk to each other.
- Think email: SMTP, POP3, and IMAP protocols let you read Gmail on Outlook or Apple Mail- that’s the power of open networks!
- Open networks run on shared languages, sets of rules called protocols, that let different platforms and providers talk to each other.
- Think email: SMTP, POP3, and IMAP protocols let you read Gmail on Outlook or Apple Mail- that’s the power of open networks!
The Beckn Protocol makes Open Commerce possible
E-commerce has been largely dominated by established closed platforms. . This limits the freedom and choice for both buyers and sellers. The Beckn Protocol is a game changer as it enables a more open and flexible system. With Beckn you can seamlessly buy from any store, regardless of their size or platform – just like exchanging emails across platforms or receiving calls from different mobile networks.
Beckn facilitates secure, direct transactions, potentially revolutionising commerce.
From Platform Thinking to Network Thinking
Source : Foundation for Interoperability in Digital Economy (Genesis Author of Beckn Protocol), CC-BY-NC-SA 4.0
- Open Networks Are Based on Strong Ecosystems
Examples of Successful Open Networks Ecosystems
Source : DPPIT is Department for Promotion of Industry and Internal Trade, India.
How Open Networks in Commerce and the Beckn Protocol Work their Magic
Source : Foundation for Interoperability in Digital Economy (Genesis Author of Beckn Protocol), CC-BY-NC-SA 4.0