New Technologies in International Arbitration: A Game-Changer in Dispute Resolution?

International dispute resolution in general and international arbitration, in particular, is highly affected by the emergence and fast development of innovation-driven technologies. On the one hand, such technologies are cost and time-effective. To name a few, they allow online filing of a case, collecting of e-evidence and remote hearings, among others. On the other hand, they also may lead to some challenges that need to be addressed. The primary concerns comprise e-arbitration agreements and e-awards, as well as cybersecurity and data protection. Therefore, this begs the question of whether such new technologies will significantly impact the dispute resolution landscape and thus become a game-changer therein. This analysis leads to the conclusion that the emergence of new technologies provides an opportunity to establish a long-lasting new standard for international arbitration.

Automated summary

International dispute resolution, especially international arbitration, is greatly influenced by innovative technologies. These technologies offer cost and time advantages, but also pose challenges. The emergence of new technologies presents an opportunity to establish a long-lasting new standard for international arbitration.