Abstract
The aim of the work is a legal risk assessment to identify subjects of civil relations in order to implement commercial transactions safely using a digital profile. The paper attempts to assess the digital transformation of civil relations and the implementation of legal regulators for the protection and security of the subjects’ digital profile of. The aspects of “digital profile’s” definition interpretation as well the legal status separate signs for citizens and business entities of the notification procedure, differentiation of both rights to dispose and to use are reflected. The law enforcement practice of civil transactions in the course of digital resources’ turnover, as well as the attraction and imposition of administrative penalties are proposed, and a number of conflicts is identified due to the latency of illegal actions, the lack of digital competent human rights bodies and digital investigative tools.
Highlights
Digital transformation of civil legal relations is caused by advantages and risks in the conditions of technological infrastructure formation in access to professional integration platforms, software products, cloud solutions
The advantage of a digital profile and its data for subjects of civil legal relations is a reduction in transaction costs for finding customers and partners for implementing digital transactions using platform constructors on the example of the "one electronic window" mode
In terms of improper security14- these are only a warning or a fine, which collectively amounts to an average of 11,500 rubles for officials and business entities, which devalues the guarantees of the legal status of the security of the digital profile
Summary
In terms of digital transformation of the economics and reforming the legal regulators, it is necessary to review the status of civil legal relations’ subjects in terms of interpretation the legal status of a digital profile, disposal and use of profile data to implement the digital transactions and to ensure the digital security of the state authorities. Digital transformation of civil legal relations is caused by advantages and risks in the conditions of technological infrastructure formation in access to professional integration platforms, software products, cloud solutions (for example, such as Counterparty of mining transactions; Counterwallet of transaction protocol, smart contracts, crowdfunding; Ethereum cont1racts, deposits, financial derivatives, and others). The advantage of a digital profile and its data for subjects of civil legal relations is a reduction in transaction costs for finding customers and partners for implementing digital transactions using platform constructors on the example of the "one electronic window" mode. Starichkov, the cost growth up to $6 billion is due to the introduction of rules to limit the volume of data in industries such as banking, financial services, and insurance (BFSI)[1], as well as bans and restrictions to ensure public safety
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