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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 …

In a recent judgment between Esso Exploration and Production Nigeria Ltd v. Nigerian National Petroleum Corporation (decided on July 8, 2022, and cited as 19-3159 (L) (2d Cir. Jul. 8, 2022)), the United States Court of Appeals for the Second Circuit (“appellate court”) unanimously affirmed the judgment of the United States District Court for the Southern District of New York …