The Impact of Technology on Civil Contracts: A Comparative Analytical Study between Iraqi and Russian Civil Law

Abstract

Abstract: The research discusses the impact of technology on civil contracts and finding a legislative basis in Iraqi civil law for these transactions by using the updated legislation in the Russian Civil Code especially in Articles 141.1 and Paragraph 2 of Article 309 and the resulting changes in the elements of the contract. It also points to the issue of data sharing as consideration in digital contracts, which must be pointed by the Iraqi legislator, and the enhanced electronic signatures in digital platforms that prove the qualification of the contracting party, as Iraqi legislation lacks such a legal regulation to confront the rapid development in methods of contracting and fast technological transactions, in addition to the development of Online Dispute Resolution when one of the contracting parties is outside Iraq as a quick solution to resolve disputes, and the legal nature of smart contracts, blockchain technology, and means of consumer protection.