Category: Technology
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NFTs and Copyright Law: Where do we stand?
While in the last few years the technological market was taken over by cryptocurrency and blockchains, this year started with NFTs (Non-Fungible Tokens). NFTs have managed to create ripples and entered with a bang into the market with sales exceeding $2 billion in only the first quarter of 2021. Although NFTs existed long before, they…
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An Analysis into the Vires of IT Rules, 2021
The government, on 25th February 2021, notified the IT Rules 2021 via its official gazette with the objective of regulating Content on Digital media. These rules, under the pretence of promoting self-regulation, seem to have attempted to compromise the Freedom of speech of digital media. The Information Technology (Intermediary Guidelines and Digital Media Ethics Code)…
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Demystifying the conundrum surrounding non-fungible tokens
“This is the whole point of technology. It creates an appetite for immortality on the one hand. It threatens universal extinction on the other. Technology is lust removed from nature.” – Don DeLillo During the early days of Indian Parliament’s Budget Session in 2021, all eyes widened, and heads turned on the proposal to ban…
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From science fiction to criminal justice system: Ascertaining the actors and factors involved in AI liability
Introduction In August 2017, the Union Ministry of Commerce and Industry set up an Artificial Intelligence Task Force to include AI in the Legal, Political, and Economic fields. The aim was to ensure a better thought process to make India achieve its target to become the world’s leading AI-rich economy. The report presented by the…
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Designer Babies and the Cradle of Legal Framework
“With genetic engineering, we will be able to increase the complexity of our DNA, and improve the human race. But it will be a slow process, because one will have to wait about 18 years to see the effect of changes to the genetic code.” – Stephen Hawking INTRODUCTION: A designer baby could, in hypothesis,…
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Fortifying the Building of Digital Transactions – Increased Growth and Security Concerns amid Lockdown
The digital payments in India have witnessed a stupendous growth in recent years. The recent growth in volume of digital payments by a factor of 10 over five years has set an ambitious target of an additional growth of 10x in the next three years, the RBI reported. India witnessed a whopping 552.26 crore digital…