DIGITAL TRANSFORMATION IN BUSINESS LAW: CHALLENGES AND OPPORTUNITIES IN THE REGULATORY FRAMEWORK

DIGITAL TRANSFORMATION IN BUSINESS LAW: CHALLENGES AND OPPORTUNITIES IN THE REGULATORY FRAMEWORK

DIGITAL TRANSFORMATION IN BUSINESS LAW: CHALLENGES AND OPPORTUNITIES IN THE REGULATORY FRAMEWORK

AUTHOR – ANIRUDH SRIVASTAVA* & DR. AXITA SRIVASTAVA**

* LLM (BUSINESS LAW) SCHOLAR AT AMITY LAW UNIVERSITY

** ASSISTANT PROFESSOR AT AMITY LAW UNIVERSITY

BEST CITATION – ANIRUDH SRIVASTAVA & DR. AXITA SRIVASTAVA, DIGITAL TRANSFORMATION IN BUSINESS LAW: CHALLENGES AND OPPORTUNITIES IN THE REGULATORY FRAMEWORK, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (6) OF 2025, PG. 98-100, APIS – 3920 – 0001 & ISSN – 2583-2344.

Abstract

The digital transformation of businesses, driven by ground-breaking technologies like blockchain, artificial intelligence (AI), and e-commerce platforms, has significantly altered traditional business models. This shift challenges existing legal frameworks that govern contracts, intellectual property, data protection, and consumer rights, necessitating a re-evaluation of their adequacy in the digital age. While these technologies offer immense potential for innovation, they also pose complex legal and regulatory dilemmas. This paper examines these challenges and explores potential reforms to business law to align with the dynamics of the digital economy. Through this analysis, it becomes evident that legal systems must adapt to foster innovation while ensuring equitable and transparent regulatory practices.

Key words-Digital transformation ,Blockchain , Artificial Intelligence , Intellectual Property