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Digital Technologies for Sustainable Development: Legal Challenges. Conference Review
 
PIIS123456780015715-7-1
DOI10.18254/S123456780015715-7
Publication type Article
Status Published
Authors
Valeriia Ermolaeva 
Occupation: Master Student, the Department of Business Law, Lomonosov Moscow State University (Russia)
Affiliation: Lomonosov Moscow State University
Address: Russian Federation, Moscow
Journal nameLaw & Digital Technologies
EditionVolume 1 № 1
Pages46-51
Abstract

This is a conference review of Digital Law Conference dedicated to the legal challenges of digital technologies for sustainable development. It was held at the Department of Business Law of Lomonosov Moscow State University (Russia, Moscow, November 26, 2020). The Sustainable Development Goals (SDGs) officially known as Transforming Our World: the 2030 Agenda for Sustainable Development are 17 goals for international cooperation recognized by the UN. The purpose of this conference was to share, learn, and discuss main approaches to legal regulation of "end-to-end" digital technologies in Russia and elsewhere in the world, taking into account that implementation of the leading technologies should contribute to achieving SDGs. There has been considered the legal issues of the application of various digital technologies through the prism of achieving SDGs: the promotion of sustained, inclusive, and sustainable economic growth and digital technologies; the legal aspects of democratization of access to financial markets and tokenization of economy; the legal issues of implementation of the Internet of Things; the legal support for sustainable industrialization and innovation using Artificial Intelligence and other digital technologies; the use of digital technologies to promote an open society for sustainable development, access to justice for everybody, and so on. The contribution of digital technologies for sustainable development was well-illustrated, and many actionable solutions were proposed.

Keywordssustainable development goals, SDGs, digital technologies, blockchain, artificial intelligence
Received30.06.2021
Publication date02.07.2021
Number of characters29554
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1 The Digital Law Conference "Digital Technologies for Sustainable Development: Legal Challenges" was held at the Department of Business Law of Lomonosov Moscow State University (Russia, Moscow, November 26, 2020), attracting more than seventy legal scholars from eight countries. This conference featured vast topics and diverse contents presented in sixteen reports.
2 The Sustainable Development Goals (SDGs) officially known as Transforming Our World: the 2030 Agenda for Sustainable Development are 17 goals for international cooperation recognized by the UN. The purpose of this conference was to share, learn, and discuss main approaches to legal regulation of "end-to-end" digital technologies in Russia and elsewhere in the world, taking into account that implementation of the leading technologies should contribute to achieving SDGs. The conference reports discussed such issues as the promotion of sustained, inclusive, and sustainable economic growth and digital technologies; the legal aspects of democratization of access to financial markets and tokenization of economy; the legal issues of implementation of the Internet of Things; the legal support for sustainable industrialization and innovation using Artificial Intelligence and other digital technologies; the use of digital technologies to promote an open society for sustainable development, access to justice for everybody, and so on.
3 The first keynote Digital Technologies for Sustainable Development: Legal Mechanisms for Adaptation by Professor Yulia Kharitonova from the Department of Business Law of Lomonosov Moscow State University (Russia) opened the conference. She considered digital technologies as a rather promising tool for achieving the SDGs. Professor Kharitonova analyzed Russia's national practices in the use of blockchain to achieve the SDGs. Primarily goals such as health and well-being, industry/innovation/infrastructure, responsible production and consumption, justice, and effective institutions were applied. Numerous practical examples of the use of blockchain technology were given to show the legal problems (the Novgorod region government blockchain project to monitor the circulation of pharmaceutical products and their provision; Russian Railways (RZD) blockchain solutions in the course of the Digital Railway project).
4 The federal project "Regulatory Regulation of the Digital Environment" as part of the national project "Digital Economy of the Russian Federation" sets the task of providing the legal framework for integrating innovative technologies in the financial market. Several law acts were passed in 2019-2020 to ensure that this goal is achieved. Professor Kharitonova concluded her report by suggesting that the formation of a regulatory framework for the blockchain industry should be based on a complete understanding of the technical nature of blockchain and taking into account the economic characteristics of the new economic benefits arising from the use of blockchain.
5 The keynote by Professor of The Russian Academy of Sciences Larisa Sannikova, the Head of the Center for Legal Research of Digital Technologies, the State Academic University for the Humanities, GAUGN (Russia) focused on The Role of Cryptoassets in the Development of the Blockchain Industry. She considered cryptocurrencies and tokens an essential part of the blockchain industry.
6 Cryptocurrencies are imperative for the functioning of blockchain technology and, on their basis, for the construction of "blockchain apps" that provide different types of services. Payment tokens operating with blockchain applications provide the possibility of payment for different services, as well as the turnover of digital assets (for example, so-called "digital art sale") and enable other options. The economic effects of the introduction of new technologies have led to the "tokenization" of assets. "Tokenization" refers to the release of security tokens representing the value of a real asset. Utility tokens perform applied functions in the crypto asset system.
7 Professor Sannikova presented the legal typology of cryptoassets. This typology covered most current types, groups and kinds of cryptocurrency and tokens and demonstrated their complex relationship. The introduced typology made it possible to highlight the signs and properties of cryptoassets which are imperative for legal regulation. Being a kind of digital assets, cryptoassets have such features as virtuality, turnover, and extraterritoriality. In addition, such properties of cryptoassets as emergence and fluidity were identified. The emergence property is manifested in the constant appearance of new types of cryptoassets and changes in their design. The property of fluidity arises in cryptoassets due to the expansion of their functionality as long as the number of users is growing.
8 In the keynote on International Trade and Sustainable Growth: The Role of AI in Improving Circular Economy Professor Carlo Amatucci from the University of Naples Federico II (Italy) pointed out that the Circular Economy is the main trend in the European Union policy. The use of artificial intelligence in trade would help reduce environmental damages, including carbon dioxide. The policy documents of the European Union provide for a number of measures to reduce the volume of discarded plastic containers. Artificial Intelligence would allow us to eliminate gaps in processing and disposal of materials (including electronics, food production, and much more) with minimal risks to human health and the environment.

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