Blockchain and Smart Contracts and the Role of Arbitration

Dick Wiegandt
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引用次数: 1

Abstract

Blockchain technology is considered one of the most disruptive technologies of our times. At the same time, by means of smart contracts stored on a blockchain, all or parts of an agreement can be executed automatically upon certain triggering events. Some consider that with smart contracts becoming more and more complete and self-executing, we will enter into an era of dispute resolution without the involvement of a neutral third party (conciliator, mediator, arbitrator) or even an entirely dispute-free environment. By contrast, it is submitted that disputes are inevitable. The question is not whether disputes arise, but which means of dispute resolution are best suited to resolve disputes arising in the context of blockchains and smart contracts. While not the only mechanism, it is submitted that arbitration is particularly well-suited for many types of disputes and, if adapted to the specific expectations and needs of (enterprise) users of blockchains and smart contracts, may play a central role in a blockchain and smart contract environment. blockchain technology, smart contracts, distributed ledger technology, decentralization, disintermediation, oracles, automation, artificial intelligence, cryptocurrencies, NFTs, Kleros, digital dispute resolution
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区块链和智能合约以及仲裁的作用
区块链技术被认为是我们这个时代最具颠覆性的技术之一。同时,通过存储在区块链上的智能合约,协议的全部或部分可以在某些触发事件时自动执行。一些人认为,随着智能合约变得越来越完整和自动执行,我们将进入一个没有中立第三方(调解人、调解员、仲裁员)参与,甚至没有完全无争议环境的争端解决时代。相反,有人认为,争端是不可避免的。问题不在于是否会出现争议,而在于哪种争议解决方式最适合解决区块链和智能合约背景下出现的争议。仲裁虽然不是唯一的机制,但它特别适合于许多类型的纠纷,如果适应区块链和智能合约(企业)用户的具体期望和需求,可能会在区块链和智慧合约环境中发挥核心作用。区块链技术、智慧合约、分布式账本技术、去中心化,去中介、神谕、自动化、人工智能、加密货币、NFT、Kleros、数字纠纷解决
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来源期刊
CiteScore
0.60
自引率
50.00%
发文量
32
期刊介绍: Since its 1984 launch, the Journal of International Arbitration has established itself as a thought provoking, ground breaking journal aimed at the specific requirements of those involved in international arbitration. Each issue contains in depth investigations of the most important current issues in international arbitration, focusing on business, investment, and economic disputes between private corporations, State controlled entities, and States. The new Notes and Current Developments sections contain concise and critical commentary on new developments. The journal’s worldwide coverage and bimonthly circulation give it even more immediacy as a forum for original thinking, penetrating analysis and lively discussion of international arbitration issues from around the globe.
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