The Role and Place of Electronic Trade Systems in the Digital Economy

Abstract

This article reviews the analysis of the activities of electronic trading systems in Uzbekistan. The analysis shows the rapid development of electronic commerce, there is an increase in the number of electronic platforms and systems, which leads to a steady increase in the number of transactions and the volume of turnover. In recent years, Uzbekistan has adopted a number of legislative and regulatory documents and measures aimed at the development of EC, which have brought tangible results and revitalization in the e-commerce market. Nowadays, a number of electronic platforms and systems act as an information intermediary in Uzbekistan. To maintain the National Register of Electronic Commerce Entities in Uzbekistan, a website, which gives entrepreneurs the opportunity to voluntarily and free of charge apply for entry into the register in electronic form was developed and launched. The measures taken in Uzbekistan (legislative and regulatory, infrastructural) allowed electronic commerce to develop rapidly, which formed the basis of a market mechanism in the virtual space.