Various factors have given encourage to the
transformation from the industrial economy to the new
digital economy. Building confidence and security in ecommerce
transactions represents one of the most
important issues. The development of the digital
economy also depends on the elimination of obstacles
(such as legal uncertainty regarding the execution of
electronic contracts, protection of privacy and personal
data, copyrights, etc.) that interfere with transactions in
the electronic environment. An appropriate regulatory
framework that is adjusted and corresponding to the
electronic environment is very important because it can
increase: the growth and development of SMEs;
workforce with appropriate IT skills, sustainability and a
significant number of highly-skilled workforce; growth
and greater use of the Internet; significant coverage of the
broadband Internet, and self-regulation, especially when
it comes to using the Internet [8].