About ONDCIn 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.&nbsp;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 trackYour mission, should you choose to accept it, is to build products with the potential to increase transaction volume on ONDC using the Solana blockchain.&nbsp;This might mean…..<ol><li style="color: rgb(0, 0, 0)">A marketplace for coupons &amp; offers with a funding mechanism for buyers and sellers.</li><li style="color: rgb(0, 0, 0)">A negotiation engine for enhanced logistics services through an order book system.&nbsp;</li><li style="color: rgb(0, 0, 0)">An ads exchange that tokenizes inventory making it freely tradeable across network apps.&nbsp;</li><li style="color: rgb(0, 0, 0)">Asset tokenization to enable recurring fractional purchases for precious metals like gold.&nbsp;&nbsp;</li><li style="color: rgb(0, 0, 0)">Skilling ecosystem to manage certificates and job listings across ONEST and ONDC NPs.</li><li style="color: rgb(0, 0, 0)">Seller blacklisting mechanism to identify repeat offenders across the network.&nbsp;</li><li style="color: rgb(0, 0, 0)">Your own idea for increasing volume on ONDC</li></ol>​​Projects will be evaluated based on usability, innovative blockchain use, adoptability, and compliance with local data &amp; other laws.Resources<ol><li><a target="_blank" rel="noopener noreferrer nofollow" href="https://ondc.org/">ONDC website</a></li><li><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.colosseum.org/renaissance">Colosseum website</a></li></ol>

Build on ONDC using Solana

Build on ONDC using Solana