Online signatures and artificial intelligence

Smart contracts are computer programs stored on a blockchain that automatically carry out actions when specific conditions are met, like transferring cryptocurrency between two parties. While they work well for simple tasks, they don’t handle complex or subjective legal situations. As technology like AI, robotics, and big data evolve, new challenges arise, including the creation of behaviors that don't follow the law even when individual actions do. This highlights the need for updated laws and regulations. In the online world, jurisdiction becomes tricky, especially when it comes to protecting consumers and determining where legal responsibility lies. Many believe that the same laws should apply both online and offline to keep things fair. However, with the rapid changes in technology, we may need to rethink traditional contract laws to address new risks and ensure legal protections are balanced in the digital age.