International Arbitration and Blockchain: Current State, Types, Characteristics and the Future Perspective In: Cofola International 2021. International and National Arbitration – Challenges and Trends of the Present and Future | Munispace

Cofola International 2021. International and National Arbitration – Challenges and Trends of the Present and Future

Kapitola

International Arbitration and Blockchain: Current State, Types, Characteristics and the Future Perspective

Yevhen Shcherbyna

Rok vydání: 2021

https://doi.org/10.5817/CZ.MUNI.P210-8639-2021-2

International Arbitration and Blockchain: Current State, Types, Characteristics and the Future Perspective pdf, 423KB

Abstrakt

The paper is devoted to the issues of the interplay of modern technologies such as blockchain and smart contracts with commercial arbitration: how these can be utilized together to achieve even more flexibility when it comes to the resolution of disputes that might occur between the involved parties. The emphasis is made on the so-called ‘on-chain arbitration’ that represents the technological soluti-ons that offer blockchain-based dispute resolution – an alternative to conventional commercial arbitra-tion. The pros and cons of the technology are covered in-depth.

Klíčová slova

Commercial Arbitration and New Technologies; Blockchain and International Arbitration; Smart Con-tract Use in Arbitration; On-Chain Arbitration.

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