{"id":24004,"date":"2024-09-12T12:49:22","date_gmt":"2024-09-12T07:19:22","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=24004"},"modified":"2024-09-12T12:49:24","modified_gmt":"2024-09-12T07:19:24","slug":"rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/","title":{"rendered":"RS Sharma Appointed Non-Executive Chairperson of ONDC | Key Details &amp; Impact"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#RS_Sharma_Appointed_Non-Executive_Chairperson_of_ONDC\" >RS Sharma Appointed Non-Executive Chairperson of ONDC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#Why_This_News_is_Important\" >Why This News is Important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#Key_Takeaways_from_RS_Sharmas_Appointment\" >Key Takeaways from RS Sharma\u2019s Appointment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#1_Who_is_RS_Sharma\" >1. Who is RS Sharma?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#2_What_is_ONDC\" >2. What is ONDC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#3_What_are_the_primary_goals_of_ONDC\" >3. What are the primary goals of ONDC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#4_How_does_RS_Sharmas_appointment_impact_ONDC_R\" >4. How does RS Sharma\u2019s appointment impact ONDC? R<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#5_Why_is_RS_Sharmas_previous_experience_significant_for_ONDC\" >5. Why is RS Sharma\u2019s previous experience significant for ONDC?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rs-sharmars-sharma-has-been-appointed-as-the-non-executive-chairperson-of-ondc-discover-key-details-about-his-role-ondcs-objectives-and-the-impact-of-this-appointment-on-digital-commerce\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RS_Sharma_Appointed_Non-Executive_Chairperson_of_ONDC\"><\/span>RS Sharma Appointed Non-Executive Chairperson of ONDC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Overview of the Appointment<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a significant move, RS Sharma has been appointed as the Non-Executive Chairperson of the Open Network for Digital Commerce (ONDC). Sharma, a prominent figure in India&#8217;s digital landscape, takes on this role following his extensive experience in the IT and telecommunications sectors. The appointment is expected to bolster ONDC&#8217;s mission of fostering open digital commerce in India, enhancing the accessibility and inclusivity of the digital economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>RS Sharma\u2019s Profile and Experience<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">RS Sharma is renowned for his role as the former Chairman of the Telecom Regulatory Authority of India (TRAI). Under his leadership, TRAI made significant strides in shaping India&#8217;s telecommunications policies and promoting fair competition in the sector. Sharma\u2019s extensive experience in regulatory affairs and digital infrastructure is anticipated to provide ONDC with strategic guidance and robust governance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Impact on ONDC\u2019s Objectives<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ONDC aims to democratize digital commerce by creating a unified network that allows buyers and sellers to interact seamlessly across different platforms. Sharma&#8217;s appointment is seen as a step towards achieving these objectives, given his deep understanding of regulatory frameworks and digital ecosystems. His leadership is expected to drive the growth and adoption of ONDC\u2019s platform, making digital commerce more inclusive and competitive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strategic Goals for ONDC<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under Sharma\u2019s chairmanship, ONDC is likely to focus on several strategic goals, including expanding its network, enhancing technological infrastructure, and ensuring regulatory compliance. His expertise will be crucial in navigating the complexities of digital commerce and fostering collaboration among various stakeholders in the industry.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"RS-Sharma-ONDC-appointment-details\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/09\/RS-Sharma-ONDC-appointment-details.jpeg\" alt=\"RS Sharma ONDC appointment details\n\" class=\"wp-image-24024\" width=\"494\" height=\"370\" title=\"RS Sharma ONDC appointment details\"\/><figcaption class=\"wp-element-caption\"><strong>RS Sharma ONDC appointment details<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span>Why This News is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strengthening ONDC\u2019s Leadership<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The appointment of RS Sharma as the Non-Executive Chairperson of ONDC marks a pivotal moment for the organization. His extensive experience and leadership in the digital and telecommunications sectors are expected to bring a fresh perspective to ONDC\u2019s strategic direction. This move reflects ONDC\u2019s commitment to leveraging expertise in advancing its mission of creating an open and inclusive digital commerce network.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Enhancing Digital Commerce Ecosystem<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sharma\u2019s role is crucial in driving the growth of ONDC\u2019s platform, which aims to revolutionize the digital commerce landscape in India. By promoting an open network, ONDC seeks to enhance competition and provide a level playing field for all stakeholders. Sharma\u2019s leadership will be instrumental in achieving these goals and ensuring that ONDC\u2019s objectives align with the broader vision of a digitally empowered economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Influence on Regulatory Frameworks<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sharma\u2019s background in regulatory affairs will play a significant role in shaping ONDC\u2019s approach to governance and compliance. His appointment underscores the importance of having experienced leaders who can navigate complex regulatory environments and ensure that ONDC operates within established frameworks while fostering innovation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span>Historical Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Background on ONDC<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Open Network for Digital Commerce (ONDC) was established by the Government of India to create an open digital commerce ecosystem. Its primary objective is to promote open networks developed on open-sourced methodology, reducing the dominance of major digital platforms and providing equal opportunities for all players. ONDC aims to enhance the accessibility of digital commerce and foster a competitive environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>RS Sharma\u2019s Previous Roles<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">RS Sharma\u2019s previous role as the Chairman of TRAI was marked by significant contributions to the telecommunications sector in India. TRAI\u2019s initiatives under Sharma\u2019s leadership included enhancing competition, improving service quality, and implementing fair regulatory practices. His experience in shaping policies and regulatory frameworks is expected to greatly benefit ONDC.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_RS_Sharmas_Appointment\"><\/span>Key Takeaways from RS Sharma\u2019s Appointment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial No.<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>RS Sharma has been appointed as the Non-Executive Chairperson of ONDC.<\/td><\/tr><tr><td>2<\/td><td>Sharma\u2019s previous role as TRAI Chairman highlights his expertise in digital and regulatory affairs.<\/td><\/tr><tr><td>3<\/td><td>ONDC aims to democratize digital commerce by creating an open network for buyers and sellers.<\/td><\/tr><tr><td>4<\/td><td>Sharma\u2019s leadership is expected to drive ONDC\u2019s strategic goals and enhance its platform.<\/td><\/tr><tr><td>5<\/td><td>The appointment underscores ONDC\u2019s commitment to fostering an inclusive and competitive digital commerce ecosystem.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>RS Sharma ONDC appointment details<\/strong><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Who_is_RS_Sharma\"><\/span><strong>1. Who is RS Sharma?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">RS Sharma is a prominent figure in India\u2019s digital and telecommunications sectors. He is known for his tenure as the Chairman of the Telecom Regulatory Authority of India (TRAI) and has extensive experience in regulatory affairs and digital infrastructure.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_What_is_ONDC\"><\/span><strong>2. What is ONDC?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Open Network for Digital Commerce (ONDC) is an initiative by the Government of India designed to create an open and inclusive digital commerce ecosystem. It aims to democratize digital commerce by providing a unified network for buyers and sellers to interact across various platforms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_What_are_the_primary_goals_of_ONDC\"><\/span><strong>3. What are the primary goals of ONDC?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">ONDC aims to enhance accessibility, foster competition, and provide a level playing field in the digital commerce sector. It seeks to reduce the dominance of major digital platforms and promote an open network for digital transactions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_How_does_RS_Sharmas_appointment_impact_ONDC_R\"><\/span><strong>4. How does RS Sharma\u2019s appointment impact ONDC?<\/strong> R<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">S Sharma\u2019s appointment is expected to provide strategic guidance and robust governance to ONDC. His expertise in regulatory affairs and digital ecosystems will help drive ONDC\u2019s growth, enhance its platform, and achieve its objectives of fostering an inclusive digital commerce network.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Why_is_RS_Sharmas_previous_experience_significant_for_ONDC\"><\/span><strong>5. Why is RS Sharma\u2019s previous experience significant for ONDC?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">RS Sharma\u2019s previous role as TRAI Chairman involved shaping telecommunications policies and promoting fair competition. His experience in regulatory frameworks and digital infrastructure will be valuable in guiding ONDC\u2019s strategic direction and ensuring compliance with regulatory standards.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer 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href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 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Sharma, a prominent figure in India&#8217;s digital landscape, takes on this role following his extensive experience in the IT and telecommunications sectors. The&#8230;<\/p>\n","protected":false},"author":6,"featured_media":24025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,132],"tags":[10232,15191,15190,15188,15189],"class_list":["post-24004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-appointments","tag-digital-commerce","tag-ondc","tag-regulatory-affairs","tag-rs-sharma","tag-telecom-regulatory-authority-of-india-trai"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/24004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=24004"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/24004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/24025"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=24004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=24004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=24004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}