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Open Networks for Effortless Commerce

While open networks haven’t become the norm in e-commerce yet, they’re already second nature in other areas of our digital lives. Think about it: you effortlessly browse any website and connect with friends across different email platforms – that’s the magic of connected systems! Imagine transferring that same seamlessness to e-commerce, where you could effortlessly browse and buy from various stores just like making calls to friends on different phone networks.
Wouldn’t that be a game-changer?

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

While open networks haven’t become the norm in e-commerce yet, they’re already second nature in other areas of our digital lives. Think about it: you effortlessly browse any website and connect with friends across different email platforms – that’s the magic of connected systems! Imagine transferring that same seamlessness to e-commerce, where you could effortlessly browse and buy from various stores just like making calls to friends on different phone networks.

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
The success of open networks at national level are based on effective partnerships between stakeholders.

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

Learn more

Source : Foundation for Interoperability in Digital Economy (Genesis Author of Beckn Protocol), CC-BY-NC-SA 4.0

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  • Cambridge Judge Business School,
    University of Cambridge,
    Trumpington Street, Cambridge,
    CB2 1AG, UK
  • E-mail : innovation-prosperity@jbs.cam.ac.uk
  • Cambridge Judge Business School,
    University of Cambridge,
    Trumpington Street, Cambridge,
    CB2 1AG, UK
  • E-mail : innovation-prosperity@jbs.cam.ac.uk
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  • © University of Cambridge 2024
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