The Dhaka Times Desk Today (October 22) a discussion session titled 'ONDC (Open Network for Digital Commerce) – The New Future of Digital Commerce' was held at BASIS Conference Center in the capital.
Top officials of the Ministry of Commerce, Bangladesh Bank, SME Foundation, BASIS and other trade organizations discussed the event along with the country's largest established e-commerce platform.
T Koshi, Chief Executive Officer of ONDC India, the implementing body of India's ONDC, presented the scope, prospects and challenges of ONDC as the keynote speaker.
This time T Koshi said, this open network of digital business is going to bring a new revolution in e-commerce business. According to T Koshi, ONDC is not a new platform, it is a network or a system through which all the partners related to digital commerce communicate with each other through a common protocol. The biggest benefit from this method or network will be the small or small online traders. One of the main objectives of creating the ONDC network is to ensure that domestic and foreign large online platforms do not monopolize the e-commerce sector and deprive small entrepreneurs.
President of Basis Russell T Ahmed said that the government should work together with the private sector to implement this new network in Bangladesh like India. In this regard, BASIS is ready to provide all kinds of technical assistance to all, including the Ministry of Commerce and Bangladesh Bank.
The special guest of the program, General Manager of Payment Division of Bangladesh Bank, Majbaul Haque, said that the fraud of one or two e-commerce companies has created a lack of confidence in the entire sector. Bangladesh Bank is working to get rid of it.
Mohammad Hafizur Rahman, Additional Secretary of the Ministry of Commerce and Head of E-Commerce Cell, Chief Guest of the event, said that the ONDC network can act as a safeguard against large foreign platforms to drive away small traders from the market. The Ministry of Commerce will use the experience of other countries in this regard and will soon start the work of creating an open network policy suitable for digital commerce in Bangladesh. This policy will be developed with the input of Basis and others.
Fahim Mashroor, the former president of BASIS, acted as moderator of the meeting. Vice President of FBCCI Amin Helali, General Manager of SMEF also spoke at the event. Nazim Hasan Sattar, Pathao CEO and BASIS Director Faheem Ahmed, Mastercard Bangladesh Head and BASIS Director Syed Ahmed Mohammad Kamal, BASIS Director AKM Ahmedul Islam Babu, Chaldal Director and BASIS Digital Commerce Standing Committee Head Zia Ashraf, e-Courier Chief Executive Biplab Rahul Saha, Head of Seva Platform Adnan Imtiaz, Head of E-Commerce Rezwanul Haque Jami of A2I, Bangladesh Bank Senior System Analyst Jayant K Bhowmik, Head of Talikhata Dr. Shahadat Khan and others. News bulletins.
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