Interactive demo on-line maintenance foreign trade deals of business entities of BRICS jurisdictions

Abstract

Purpose: The purpose of the chapter it to explore approaches to creating a special Internet portal “Foreign Economic Activities of BRICS Online”. Design/methodology/approach: In the chapter, the authors prove that working Internet portal, displaying in real time on television screens and computer monitors cargo vehicles and its routes, will allow government officials and heads of business entities in on-line mode analyze and coordinate the implementation of foreign economic deals through existing international export and import channels. Based on a materialistic world view, the authors implement a systematic approach to the research of the problem. Findings: From the perspective of practical jurisprudence, the new Internet platform will contribute, in particular, to simplifying the process of proving facts of fulfilment or non-fulfilment of obligations under foreign trade contracts. Originality/value: As it will allow, to provide unshakable evidence to the judicial authorities - screen shots of specific fragments of the world map with the exact geographical coordinates of the location of the goods moving in the framework of a particular deal at a certain point in time. It is substantiated that the functioning of the Internet platform and the display of the routes of exported and imported goods in real time should be carried out with electronic technical pairing with digital smart contracts.