Digitalization in contract law, contracts, digital assets and their legal regulation

2025

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DOI 10.46914/2959-4197-2025-1-4-143-153
Data confidence 70 medium
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Abstract

This article examines the prospects of digitalization in the contract law of the Republic of Kazakhstan. The study analyzes the dynamics of digital transformation in Kazakhstan and abroad, leading to conclusions and proposals for improving legal regulation. The main goal is to identify the positive and negative aspects of digitalization in contract law and reveal existing gaps in national legislation. The article considers contract law within the framework of the national legal system, taking into account international experience and assessing current government initiatives. Given the rapid global digitalization, it is essential to form a solid theoretical basis for its effective implementation in Kazakhstan. In his address on 09/08/2025, President Kassym-Jomart Tokayev highlighted the importance of digitalization as a key factor in ensuring the country’s competitiveness and integration into the global technological order. The significance of the research lies in proposing a balanced introduction of digital technologies into private law and the creation of a unified regulatory framework for their effective application in contract law. The practical value of the study is reflected in recommendations for developing regulations aimed at legal regulation of digitalization processes in the conclusion of contracts in the Republic of Kazakhstan.