Abstract

This article is devoted to the analysis of the legal framework for the digitization of public procurement, doctrinal approaches to the use of smart contracts in procurement. It studies the process and technologies of formation and development of smart contracts, blockchain, contracting in ethereum, the mechanisms of using smart contracts in public procurement. It also explores aspects that need to be addressed in improving the procurement system through smart contracts and develops recommendations.

Highlights

  • Nowadays “New Uzbekistan” is taking comprehensive measures to develop the digital economy, the widespread introduction of modern information and communication technologies in all sectors and industries, especially in public administration, education, health and agriculture

  • The stage in the public procurement system is the digitalization through the transition to “smart” technologies

  • No 3832 “On measures to develop the digital economy in the Republic of Uzbekistan”, the task is given to introduce blockchain technology in public procurement from January 1, 2021 [2]

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Summary

INTRODUCTION

Nowadays “New Uzbekistan” is taking comprehensive measures to develop the digital economy, the widespread introduction of modern information and communication technologies in all sectors and industries, especially in public administration, education, health and agriculture. According to the Resolution of the President of the Republic of Uzbekistan dated July 5, 2018 No 3832 “On measures to develop the digital economy in the Republic of Uzbekistan”, the task is given to introduce blockchain technology in public procurement from January 1, 2021 [2] These days, e-shop, auction, competition, tender and single customer purchases are made almost electronically. In the process of introducing smart contract platforms in the field of public procurement, it is expedient to first implement an intelligent information system. The main task of such smart contracts is to form universal solutions for public procurement participants, to limit their direct interaction with each other, to transfer control over the implementation of the contract to intellectual technologies. The private key, on the other hand, gives you access to personal information intended only for you

CONCLUSION
The Ministry of Economic
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