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Cyberspace Law: Harmonization of E-commerce and its Challenges

   

Added on  2023-05-31

7 Pages1797 Words393 Views
Cyberspace Law 1
CYBERSPACE LAW
by (Student’s Name)
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Date

Cyberspace Law 2
Cyberspace Law
Over the past few years, there has been a constant expansion of the e-commerce business
and most of the investors across the globe are seeking to capitalize on the digital sales channels.
It, therefore, implies that with the harmonization of e-commerce, there will be a wide variety of
benefits obtained by such investors. The harmonization of e-commerce, therefore, entails the
development of certain legal frameworks with the aim of facilitating a smooth transition to a
digital economy all over the world. The establishment of a harmonized e-commerce law is
aimed at the creation of a conducive ICT environment for various business enterprises.
It is also intended to help build trust through the promotion of secure business
transactions across the world. It is important to note that with a harmonized e-commerce, there is
likely to be development in various regions of the world and this would be through the creation
of an enabling legal enabling environment. Such a legal enabling environment will typically
offer support to certain developments in e-commerce. There are also other elements which will
be supported through the harmonization of e-commerce and this include, cloud computing,
mobile commerce, tourism, trade facilitation, E-government initiatives, and social networking
among others.
There are a number of reasons for harmonization of e-commerce. Some of the reasons
entail, one for consumer protection and this is especially during the online transactions and hence
there would not be conned by some of the sellers of certain items. The other reason for the
harmonization of e-commerce would be to facilitate trading activities, for example, the use of a
single window system. With such a system put in place, there would be a quick and easy
submission of various regulatory requirements in relation to the transit of goods and services at a
single point of entry (Lim, Jin, and Srai, 2018 p.320). Further with harmonization of e-

Cyberspace Law 3
commerce, there will be the facilitation of e-payment which is vital for both mobile and
electronic commerce in the world.
Thus there would be cross border transactions across the globe. Also, there would the
promotion of social networking which is considered a step up to various e-commerce
opportunities from the usual website and email use and this would facilitate business activities all
over the world. Lastly, the reason for harmonization of e-commerce is that it will typically
promote outsourcing among various companies across the globe (Khan, 2017 p.140). The
establishment of different privacy laws and also the creation of certain best legislation
cybercrime practice will allow for the creation of a variety of opportunities in outsourcing which
are critical for different manufacturing companies.
Efforts of Harmonisation Towards E-commerce
There are several efforts which have been made by certain nations towards the
harmonisation of e-commerce and this has been in consideration of the key benefits associated
with the whole process. Some of the efforts entail, one the provision of support to the process
consisting of monitoring the progress of e-commerce law harmonisation on a regular basis by the
different concerned countries (Trends, Falk and Hagsten, 2015 p.20). Such an action has been
facilitated by the creation of a tool and website whose primary function is to share knowledge
and documentation of key ideas which would facilitate harmonisation of e-commerce.
The other effort has been the establishment of various workshops in different countries
with a lot of emphasis on areas of e-commerce law to help advance the harmonisation process
which is an essential priority that is cybercrime and privacy. Apart from the above mentioned
efforts, there has been training in different countries on certain legal topics.There are a variety of
international experts who have been invited all over the globe during such training to help in the

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