Digital contracts in civil law of Ukraine

Abstract

Today, almost all global processes are undergoing digitalization, and jurisprudence is no exception. In this context, classical institutions of civil and contract law that use the digital space, namely contracts, are of great interest. Unfortunately, it is not very developed and not completely settled in Ukraine. At the same time, there is quite a lot of experience in regulatory control and legal regulation of these institutions in the world. The transition of law to the Internet is considered by civil scientists as the most important condition for the emergence of digital law, which in its turn is closely related to civil law. When parties enter into electronic contracts the whole contract can literally be concluded within seconds at the click of a button, so it’s easier than enter into contracts with each other interacting face to face. The traditional paper based contract law has rules that apply to matters such as jurisdiction, validity, formation of contract, modifications to contracts. In the world of online trading these are all issues that arise in online contracts and is a challenge to the traditional concepts of contract law.