• Latest
  • Most Read
Frustrated by fake reviews on E-comm sites? They’re going away soon

Frustrated by fake reviews on E-comm sites? They’re going away soon

1 year ago
Critics’ Choices: Overrated Indian Films that did not match up to the hype

Critics’ Choices: Overrated Indian Films that did not match up to the hype

16 hours ago
Indian actors you won’t believe weren’t the first choice for the classics

Indian actors you won’t believe weren’t the first choice for the classics

16 hours ago
“7 Indian Movies That Found an Audience, Despite Critic Rejections”

“7 Indian Movies That Found an Audience, Despite Critic Rejections”

23 hours ago
The Adipurush Controversy: Is it Time to Let the Audience Decide?

The Adipurush Controversy: Is it Time to Let the Audience Decide?

23 hours ago
Indian democracy

“Go and check out for yourselves”: White House’s stern message to rabble rousers on Indian democracy

23 hours ago
Indira Gandhi's assassination celebration

Ex Indian PM Indira Gandhi’s assassination is a matter of celebration in Canada

23 hours ago
Mobile Trading: Why Security and Privacy Should Be Your Top Priority

Mobile Trading: Why Security and Privacy Should Be Your Top Priority

2 days ago
Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

2 days ago
Asur Season 2: Climax explained and the next series’ supervillain exposed!

Asur Season 2: Climax explained and the next series’ supervillain exposed!

2 days ago
Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

2 days ago
Wrestlers Amit Shah meeting

One meeting with Amit Shah and the wrestlers protest dead

2 days ago
MOJO Story hacked

Barkha Dutt’s MOJO Story was not hacked. It was a digital victim card

3 days ago
BBC tax evasion

BBC tax evasion: Income Tax Department finally crushes BBC’s pride

3 days ago
Malini Parthasarathy resigns

Malini Parthasarathy resigns The Hindu, but with a departing salvo at N Ram

3 days ago
Bollywood remake

Bollywood films remade in various languages

3 days ago
  • About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Friday, June 9, 2023
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

    Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

    Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

    Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

    Wrestlers Amit Shah meeting

    One meeting with Amit Shah and the wrestlers protest dead

    MOJO Story hacked

    Barkha Dutt’s MOJO Story was not hacked. It was a digital victim card

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Mobile Trading: Why Security and Privacy Should Be Your Top Priority

    Mobile Trading: Why Security and Privacy Should Be Your Top Priority

    Report on India: Morgan Stanley gives double thumbs up to Modinomics

    Report on India: Morgan Stanley gives double thumbs up to Modinomics

    India's GDP

    Nominal GDP Growth at 16.1%? National Statistical Office releases India’s Economic accomplishment

    Vada Pav is Just the Tip of the Iceberg: A look into the rich culinary delights of Maharashtra

    India’s Resilience: A Zero Percent Chance of Recession

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    new CBI director Praveen sood biography

    Who is Praveen Sood the New CBI Director: Professional Background, Achievements and Significance of the Appointment

    Paramjit Singh Panjwar shot dead

    Paramjit Singh Panjwar shot dead: Keep calm and trust the Indian Armed Forces

    Swarm satellites

    India’s Bold Step towards Satellite Swarm Intelligence: A New Era in Space Technology

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Indian democracy

    “Go and check out for yourselves”: White House’s stern message to rabble rousers on Indian democracy

    Indira Gandhi's assassination celebration

    Ex Indian PM Indira Gandhi’s assassination is a matter of celebration in Canada

    Modi is the boss

    Modi is the boss: “Vedic Mantras” and an ocean of crowd: PM Modi’s Australia tour will echo till eternity

    PM Modi Extends a Diplomatic Olive Branch: A Special Message for Zelensky

    PM Modi Extends a Diplomatic Olive Branch: A Special Message for Zelensky

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    5 failed Inventions

    5 Inventions that failed to serve their purpose

    What Do You Mean by Bhulekh Uttar Pradesh & Why Should You use It?

    What Do You Mean by Bhulekh Uttar Pradesh & Why Should You use It?

    5 Accidental Inventions

    5 Accidental Inventions that have become essential in our lives

    Sengol Tamil Nadu real picture

    What is Sengol: Tamil Nadu Connection, History, Significance and why it is to be installed in New Parliament

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Critics’ Choices: Overrated Indian Films that did not match up to the hype

    Critics’ Choices: Overrated Indian Films that did not match up to the hype

    Indian actors you won’t believe weren’t the first choice for the classics

    Indian actors you won’t believe weren’t the first choice for the classics

    “7 Indian Movies That Found an Audience, Despite Critic Rejections”

    “7 Indian Movies That Found an Audience, Despite Critic Rejections”

    The Adipurush Controversy: Is it Time to Let the Audience Decide?

    The Adipurush Controversy: Is it Time to Let the Audience Decide?

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

    Sam Pitroda issues Rahul Gandhi’s Report Card: FAIL

    Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

    Motilal was NRI. Patel was NRI. We are all NRIs, says Rahul Gandhi

    Wrestlers Amit Shah meeting

    One meeting with Amit Shah and the wrestlers protest dead

    MOJO Story hacked

    Barkha Dutt’s MOJO Story was not hacked. It was a digital victim card

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Mobile Trading: Why Security and Privacy Should Be Your Top Priority

    Mobile Trading: Why Security and Privacy Should Be Your Top Priority

    Report on India: Morgan Stanley gives double thumbs up to Modinomics

    Report on India: Morgan Stanley gives double thumbs up to Modinomics

    India's GDP

    Nominal GDP Growth at 16.1%? National Statistical Office releases India’s Economic accomplishment

    Vada Pav is Just the Tip of the Iceberg: A look into the rich culinary delights of Maharashtra

    India’s Resilience: A Zero Percent Chance of Recession

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    new CBI director Praveen sood biography

    Who is Praveen Sood the New CBI Director: Professional Background, Achievements and Significance of the Appointment

    Paramjit Singh Panjwar shot dead

    Paramjit Singh Panjwar shot dead: Keep calm and trust the Indian Armed Forces

    Swarm satellites

    India’s Bold Step towards Satellite Swarm Intelligence: A New Era in Space Technology

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    INS Vikrant gets historic 1961 bell of 1st warship from ex-Navy vice chief

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Indian democracy

    “Go and check out for yourselves”: White House’s stern message to rabble rousers on Indian democracy

    Indira Gandhi's assassination celebration

    Ex Indian PM Indira Gandhi’s assassination is a matter of celebration in Canada

    Modi is the boss

    Modi is the boss: “Vedic Mantras” and an ocean of crowd: PM Modi’s Australia tour will echo till eternity

    PM Modi Extends a Diplomatic Olive Branch: A Special Message for Zelensky

    PM Modi Extends a Diplomatic Olive Branch: A Special Message for Zelensky

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    5 failed Inventions

    5 Inventions that failed to serve their purpose

    What Do You Mean by Bhulekh Uttar Pradesh & Why Should You use It?

    What Do You Mean by Bhulekh Uttar Pradesh & Why Should You use It?

    5 Accidental Inventions

    5 Accidental Inventions that have become essential in our lives

    Sengol Tamil Nadu real picture

    What is Sengol: Tamil Nadu Connection, History, Significance and why it is to be installed in New Parliament

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Critics’ Choices: Overrated Indian Films that did not match up to the hype

    Critics’ Choices: Overrated Indian Films that did not match up to the hype

    Indian actors you won’t believe weren’t the first choice for the classics

    Indian actors you won’t believe weren’t the first choice for the classics

    “7 Indian Movies That Found an Audience, Despite Critic Rejections”

    “7 Indian Movies That Found an Audience, Despite Critic Rejections”

    The Adipurush Controversy: Is it Time to Let the Audience Decide?

    The Adipurush Controversy: Is it Time to Let the Audience Decide?

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
No Result
View All Result

HOME » Economy » Business » Frustrated by fake reviews on E-comm sites? They’re going away soon

Frustrated by fake reviews on E-comm sites? They’re going away soon

TFIPOST News Desk
by TFIPOST News Desk
29 May 2022
in Business
0
Frustrated by fake reviews on E-comm sites? They’re going away soon

Credits: towardsdatascience.com

14
VIEWS
Share on FacebookShare on Twitter

Most e-commerce websites try to game the consumers with fake reviews of the products and services. The customers cannot differentiate between the good products and the bad ones because the whole system is not organic.

However, the customer’s frustration with e-commerce websites in the next few years as Indian government has launched Open Network for Digital Commerce (ONDC). The cancellation of the cabs & autos on Ola & Uber to delivery of wrong products or defective ones by e-commerce companies is all set to end as the companies integrate their algorithms with ONDC.

ONDC is a multi-party protocol like UPI and will disintegrate the e-commerce operations by keeping one party limited to one task. So, all the platforms like Amazon, Flipkart, Ola or Uber will become just a product facilitating the transaction between the buyer and seller, and will not be responsible for other parts of the value chain like delivery, product promotion etc., thus the incentive for preferred selling will also end.

So, in the coming months and years, most of the e-commerce sites will be subsumed into the ocean of ONDC just like the payment apps before UPI were subsumed.

“The existing large etailers work with a captive set of users. With an open network, ONDC will enable all the buyers in the network to be discoverable to all the sellers. Therefore, existing platforms (too) will have an incentive to be part of ONDC,” Thampy Koshy, CEO of ONDC said.

The Modi government intends to break the digital monopolies built by the companies like Amazon (e-commerce), Google (Internet), Facebook (social media) with open networks. The Department of Promotion of Industry and Internal Trade appointed Nandan Nilekani, Infosys chairman and Aadhar architect on the panel that has been awarded this task.

As per the government release, ONDC “aims at promoting open networks developed on open-sourced methodology, using open specifications and open network protocols, independent on any specific platform. ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiency in logistics and enhance value for consumers”.

The DPIIT has included some of the biggest names working at the intersection of technology and policy from the government as well as private space in the panel on Open Network for Digital Commerce.

The other members of the panel include R S Sharma, National Health Authority chief executive officer, Adil Zainulbhai, Quality Council of India chairman, Anjali Bansal, Avaana Capital Founder and Chairperson, Dilip Adbe, National Payments Corp. of India CEO, and Arvind Gupta, Digital India Foundation co-founder.

The other members are Suresh Sethi, National Securities Depository head, Kumar Rajagopalan, Retailers Association of India CEO, and Praveen Khandelwal, Confederation of All India Traders secretary-general.

While the countries around the world are trying to make people and small businesses internet friendly, India has completely reversed the system and is making internet people and small businesses friendly. The countries achieved great success in this when it comes to digital payments by building an open-source payments platform (UPI), and encouraged by this, attempting the same in different sectors. Whether it succeeds in doing so in other segments is yet to be seen but if it does, the world would soon follow India in digital technology and its regulation.

ShareTweetSend
Previous Post

A Strong India-Japan Alliance will be the defining relationship of this century

Next Post

Global Big Tech wants to take over India’s FinTech but RBI has a plan

TFIPOST News Desk

TFIPOST News Desk

India’s most loved Right-Wing blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Critics’ Choices: Overrated Indian Films that did not match up to the hype

Critics’ Choices: Overrated Indian Films that did not match up to the hype

8 June 2023
Indian actors you won’t believe weren’t the first choice for the classics

Indian actors you won’t believe weren’t the first choice for the classics

8 June 2023
“7 Indian Movies That Found an Audience, Despite Critic Rejections”

“7 Indian Movies That Found an Audience, Despite Critic Rejections”

8 June 2023
The Adipurush Controversy: Is it Time to Let the Audience Decide?

The Adipurush Controversy: Is it Time to Let the Audience Decide?

8 June 2023

Popular This Week

5 Actors who ruined a Franchise as Replacement
Cinema

5 Actors who ruined a Franchise as Replacement

by TFIPOST News Desk
2 June 2023
MOJO Story hacked
Analysis

Barkha Dutt’s MOJO Story was not hacked. It was a digital victim card

by Atul Kumar Mishra
6 June 2023
Sportspersons careers
Sports

5 Indian Sportspersons Who Destroyed Their Own Careers

by TFIPOST News Desk
2 June 2023
Wrestlers Protest
Politics

Modi govt. has done what it should have done a long ago with the Toolkit Gang

by Animesh Pandey
2 June 2023
Meet SP Singla, the “mastermind” of Bhagalpur collapse
Politics

Meet SP Singla, the “mastermind” of Bhagalpur collapse

by Animesh Pandey
5 June 2023

©2023 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2023 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost