International Commercial Arbitration in the Digital Era: Balancing Efficiency and Compliance in Online Arbitration
Main Article Content
Keywords
online arbitration, efficiency enhancement, compliance challenges
Abstract
In the post-epidemic era, the normalization of remote working has accelerated the process of online and offline integration and development of international commercial arbitration. This article focuses on the application of online arbitration in the field of international commercial arbitration. It aims to explore how to effectively give full play to its efficiency advantages and avoid compliance risks to promote the in-depth application of online arbitration. By combining the development process of online arbitration, it can be seen that it has gradually changed from a simple online conference tool to a comprehensive dispute settlement platform. Efficiency improvement and cost reduction are its core advantages. However, online arbitration also faces significant compliance risks. It mainly includes procedural justice questions raised by the digital environment and the difficulties in the execution of rulings caused by differences in the degree of acceptance in different jurisdictions. In response to this, China applies rule innovation, technology support and other models, walking out on a unique balanced road. Finally, the article puts forward the three-dimensional proposal of establishing unified standards at the transnational level, promoting the transnational application of blockchain and artificial intelligence technology, and keeping the ethical bottom line of technology application. Hope to build an efficient, fast, stable and reliable online arbitration global ecology.
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