Technology

The expansion of mobile arbitration platforms is set to revolutionize the field of international arbitration in the coming years. This trend is driven by the increasing ubiquity of mobile devices and the growing demand for flexible, accessible dispute-resolution mechanisms. As more people rely on smartphones and tablets for their professional and personal lives, integrating arbitration processes into these devices makes …

Smart contracts are becoming increasingly significant in international arbitration, fundamentally altering the landscape of dispute resolution. These self-executing contracts, with the terms of the agreement directly written into code, are stored and executed on a blockchain. Their integration into commercial transactions promises efficiency, transparency, and automation, which is particularly advantageous in the globalized economy. The core appeal of smart contracts …

Blockchain technology, initially popularized by cryptocurrencies like Bitcoin, is a decentralized and immutable digital ledger that records transactions across multiple computers in a way that ensures security and transparency. Each block in the chain contains a list of transactions linked to the previous block through cryptographic hashes. This technology’s decentralized nature eliminates the need for intermediaries, making transactions faster, cheaper, …

In the digital age, the field of international arbitration has increasingly embraced technological advancements to streamline processes and improve efficiency. However, the integration of technology also brings heightened risks to data protection and privacy. This necessitates robust cybersecurity measures to safeguard sensitive information and maintain the integrity of arbitration proceedings. The Importance of Cybersecurity in Arbitration International arbitration often involves …

The global pandemic has significantly transformed many sectors, and international arbitration is no exception. One of the most profound changes has been the widespread adoption of virtual hearings. While initially driven by necessity, this shift has revealed several advantages and challenges that are likely to influence the future of arbitration. This blog post delves into the impact of virtual hearings …