Current landscape of crypto arbitral tribunals: Obstacles and legal considerations
DOI:
https://doi.org/10.24215/25916386e133Keywords:
blockchain, crypto courts, alternative dispute resolution, KlerosAbstract
The ecosystem of new technologies that has developed in recent years has brought with it disruptive innovations that are drastically transforming law and, specifically, international arbitration. The creation of crypto arbitral courts that operate on a public blockchain is a controversial idea that generates discussion between the academic community and legal operators. However, under the principle of party autonomy, this type of arbitration is a reality that cannot be ignored. The objective of this work was to analyze the legal scope of this new way of resolving conflicts, taking the Kleros platform as a case study. It is concluded that despite the various challenges faced by crypto arbitral tribunals, they change the paradigm of administration of justice today, which adapts to this new digital age, resolving conflicts that by their nature are very unlikely to come to fruition. courts such as those related to e-sports or the metaverse.
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Copyright (c) 2022 Wendolyne Nava González, Nuria González Martín
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