INCREASING ACCESS TO INTERNATIONAL COMMERCIAL ARBITRATION WITH THE USE OF TECHNOLOGY
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Abstract
The following paper discusses the various reasons and the role played by technological advancements and improvements in increasing access to international commercial arbitration. It further delves in detail with how technology plays a pivotal role in the four main stages of an arbitration proceeding, namely, communications, storage of documents, research tools and hearing logistics. While critically analysing the use of technology in international commercial arbitration, the challenges and concerns faced due to technological advancements have also been substantially discussed along with the future of arbitration with the introduction of the AI technologies in the arbitration process. The paper attempts to establish that with few modifications, information technology enables international commercial arbitration to become the most suitable form of dispute resolution.
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