About ONDC

In India, more than 12 million sellers earn their livelihood by selling or reselling products and services. However, only 15,000 of these sellers (0.125% of the total) have enabled e-commerce. E‑retail has been out of reach for the majority of sellers, especially from small towns and rural areas.

ONDC recognises the unique opportunity to increase e‑retail penetration from the existing 4.3% to its maximum potential in India. Our mission is to dramatically increase e-commerce penetration in the country by enabling population-scale inclusion of all types and sizes of sellers.

ONDC is a network that enables location-aware, local digital commerce stores across industries to be discovered and engaged by any network-enabled applications. It is neither a super aggregator app nor a hosting platform. All existing digital commerce apps and platforms can voluntarily choose to adopt and be a part of the ONDC network. In addition, the responsibility for onboarding of sellers and buyers and the management of the end-to-end order lifecycle will also continue to reside with the network-enabled applications.

About the prize track

Your mission, should you choose to accept it, is to build products with the potential to increase transaction volume on ONDC using the Solana blockchain. 

This might mean…..

1. A marketplace for coupons & offers with a funding mechanism for buyers and sellers.

2. A negotiation engine for enhanced logistics services through an order book system. 

3. An ads exchange that tokenizes inventory making it freely tradeable across network apps. 

4. Asset tokenization to enable recurring fractional purchases for precious metals like gold.  

5. Skilling ecosystem to manage certificates and job listings across ONEST and ONDC NPs.

6. Seller blacklisting mechanism to identify repeat offenders across the network. 

7. Your own idea for increasing volume on ONDC

​​Projects will be evaluated based on usability, innovative blockchain use, adoptability, and compliance with local data & other laws.

Resources

1. ONDC website

2. Colosseum website