Shaping the Future of Digital Arbitration: A Vision for Regulatory Frameworks
摘要
The paper analyzes the legislative bases and norms on digital arbitration. This paper tries to evaluate the legislations at the moment and the difficulties created by the digital environment. It also gives a strong argument for the need for a solid and clearly delineated legal structure that shall govern disputes in electronic transactions. Spatial and temporal boundaries should be defined to ensure that disputes are conducted under the rule of law and with the protection of all parties. It tallies with significant lacunae in the national laws. In this paper, there is an urgent call for reform to better optimize the codes for the speed at which technology is growing. Also, complex aspects regarding the determination of the seat of arbitration in cyberspace and also looking into the possible conflicts between national and international legal standards in the regulation of cross-border digital disputes will be discussed. In answer to these challenges, the paper is for the inclusion of state-of-the-art security measures to protect data and underscores the need for legislative amendments that have substantive provisions for digital arbitration, to make sure that digital arbitration is effective in resolving disputes while maintaining its legal integrity in continued technological progress.