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Open networks address societal problems
Open networks allow nodes to join and interact without a centralised controlling authority, facilitating unrestricted and non-hierarchical interaction, collaboration, and information sharing.
Open networks are inspired by the open standards and specifications ideas that originally created the internet. These networks have recently been deployed at national scale successfully to address societal problems This foundational digital infrastructure as a, public good, is often called digital public infrastructure (DPI).
India: The triumph of nationwide digital infrastructure for all
India has been building, nationwide digital infrastructure in a way that makes it possible for private sector innovators to address societal problems, such as financial exclusion, leakage in government payments and large informal markets.
What is digital public infrastructure?
Often touted as “digital rails” of the 21 century, DPI, as a concept is still evolving, However, it consists of three main pillars as follows:
Key Tenets of DPIs
India’s DPI combines the best of Public and Private Provision
DPI is an approach that combines the public provision of foundational digital infrastructure on top of which private sector innovation thrives.
DPI Approach has been Endorsed by G-20, Tech Leaders & Indian Start-Ups
The Indian DPI solution was endorsed in New Delhi by the G-20 in August 2023. DPIs had been previously endorsed by tech leaders such as Bill Gates of Microsoft, Sundar Pinchai of Google, Jack Ma of Alibaba and international organisations, including the IMF and the World Bank.
More importantly, the DPI approach has been endorsed by Indian entrepreneurs, paving the way for the next-gen of e-commerce.
Indian Startup Ecosystem Built On Top of DPIs is flourishing
Number of new unicorns in India, every year
100+ Startups have turned into unicorns
Indian Start Ups (July 2023)
Open Commerce the Next Level in the Digital Economy Transformation
DPIs in each category become building blocks for a Digital Economy
Creation of Beckn Protocol has made Open Commerce Possible
The Beckn Protocol specifications were authored by FIDE (previously known as the Beckn foundation) in 2019, a non-profit co-founded by Nandan Nilekani, Pramod Varma and Sujith Nair- key players in India’s digital transformation.
FIDE is headquartered in Bengaluru, the 8th largest start-up city in the world.
