International commercial arbitration in the digital economy

Leon Trakman and Robert Walters

Chapter 9 in A Research Agenda for Global Power Shifts and International Economic Law, 2025, pp 233-250 from Edward Elgar Publishing

Abstract: This chapter examines developments in the digital economy in relation to the use of technology and digitalisation in international commercial arbitration (ICA). It considers the need to reconcile challenges in the adaptation of ICA to new technologies, such as in relation to benefits and threats of blockchain technology and smart contracts to confidential proceedings. It stresses that ICA will continue to be impacted by the digital revolution. It will render ICA speedier and more cost-effective, but will also render it vulnerable to deficiencies, such as the inefficient and disruptive use of blockchain technologies and other technological innovations. The chapter examines the risks and benefits arising from such innovations to the protection of confidentiality in arbitration proceedings.

Keywords: International commercial arbitration (ICA); New digital order; Artificial intelligence (AI); Confidentiality; UNCITRAL Model Law (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035311491
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035311507.00015 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22295_10

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().