New Technologies are Shaping Arbitral Proceedings

The aim of this article is to analyze the impact and changes brought by new technologies in international arbitration procedures, what are the prospects for the future development of these tools in a fast-paced environment and how participants are expected to adapt in these off-the chain disputes. The results obtained through the comparative method are relevant for professionals involved in international arbitration. Furthermore, we will analyze the potential disputes arising out of the technology itself and how are these technologies going to shape decision making on a short, medium and long term. We will refer to the manner in which the leading institutions in arbitration and dispute resolution services position themselves. Lastly, we will refer to the potential issues of the parties' acceptance of the "digital justice" and the prospect of autonomous enforceable arbitral awards.