Part 1: The Age of Surveillance - A Brief Overview

In an era where technological advancements have permeated every aspect of societal life, privacy boundaries are not exempt. There's a tool that allows for unprecedented levels of surveillance in law enforcement: body cameras. While their primary purpose remains to collect evidence, when coupled with the power of live streaming, they serve as incredibly powerful devices for transparency and accountability.

Part 2: What are Body Cameras and How Do They Work?

Body cameras, or body-worn cameras, are portable devices often attached to an officer's uniform. They are designed to record both audio and video footages of their encounters with the public. When these footages are live-streamed, the concept of real-time surveillance morphs into something far more impactful.

Live-streaming body camera footage is a relatively new concept, but its implications are already far-reaching. It involves the transmission of real-time video footage to a remote location, where it can be watched, recorded, and potentially broadcasted, thus offering an immediate account of events as they unfold.

Part 3: Exploring the Pros and Cons

Like every piece of technology, live-streaming body camera footages have their benefits and limitations. On the one hand, they promise unparalleled levels of transparency, accountability, and law enforcement monitoring. They reassure the public that their interactions with law enforcement officers are being recorded and could be scrutinized when necessary.

However, on the other hand, they raise robust concerns about privacy. The act of transmitting live footage can inadvertently share sensitive information that may contravene existing data protection regulations. Some critics have also noted the potential for misuse of real-time surveillance, leading to a whole set of ethical questions that must be addressed.

Part 4: Existing Challenges and Possible Solutions

Given these complexities, adopting live-streaming body camera technology isn't straightforward. But obstacles like privacy concerns and potential misuse don't render the technology useless; they merely highlight the areas needing further improvements.

For instance, devising proper policies around who has access to the footage can mitigate privacy risks. Implementing measures that ensure the rights of the public are not violated, much like CCTV camera usage regulations, is another possible solution.

Having an oversight committee, perhaps involving community stakeholders, can also help ensure the fair and ethical use of footage. These solutions and more require a balanced approach considering both the potential benefits to law enforcement transparency and the public's rights to privacy.

Part 5: Looking Ahead - The Future of Body Cameras

It's clear then, that while live-streaming body cameras hold immense potential, there are several thorny issues to iron out. However, as long as changes and advancements keep both benefits and risks in mind, it's a tool worth investing in.

The power of these devices to foster trust and bridge the perception gap between law enforcement officials and citizens cannot be underestimated. Therefore, despite any existing challenges or potential future obstacles, the path towards the future of law enforcement could very well be lit by the neon-blue glow of body camera lights.

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The purpose of this article was not to provide definitive answers or draw conclusive arguments, but rather, to present an exploration of this topic from various angles. May this serve as a springboard for continued discussion, as we collectively navigate the vast implications of technology in our lives.