Publication - The Financial Express
Edition - Online
Open Network for Digital Commerce (ONDC), an e-commerce organisation, and Dhiway, a Web3.0 technology-based provider, have signed a Memorandum of Understanding (MoU) to collaborate on establishing an interoperable distributed ledger network as a scoring repository. According to an official release, the MoU establishes a framework for cooperation between the two parties to leverage Dhiway’s expertise. Reportedly, support and guidance will be received from ONDC in building digital ecosystems using CORD, a distributed ledger framework. The network is envisioned as a decentralised infrastructure that will facilitate trust and reliability in the digital landscape. By leveraging CORD, the network should provide an infrastructure to enable participant interactions.
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