Current landscape of crypto arbitral tribunals: Obstacles and legal considerations

Authors

DOI:

https://doi.org/10.24215/25916386e133

Keywords:

blockchain, crypto courts, alternative dispute resolution, Kleros

Abstract

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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Author Biographies

Wendolyne Nava González, Universidad Autónoma de Ciudad Juárez

Research Professor, Universidad Autónoma de Ciudad Juárez (UACJ), Mexico. D. in Law, specializing in private international law, University of Barcelona with distinction summa cum laude. Post-doctorate in Law and New Technologies at Mediterranea International Centre for Human Rights Research, Reggio Calabria, Italy. Member of the Mexican National System of Researchers, Level 1. Editor of the Revista Especializada en Investigación Jurídica.

Nuria González Martín, Universidad Nacional Autónoma de México

D. in Law from the University of Pablo de Olavide, Seville, Spain. Researcher C, Instituto de Investigaciones Jurídicas, Universidad Nacional Autónoma de México (IIJ-UNAM). Post-doctorate in Law and New Technologies, Mediterranea International Centre for Human Rights Research, Reggio Calabria, Italy. Researcher of the National System of Researchers, Level III. Ad honorem External Advisor to the Mexican Ministry of Foreign Affairs. Sor Juana Inés de la Cruz Award 2020.

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Published

2022-12-28

How to Cite

Nava González, W., & González Martín, N. (2022). Current landscape of crypto arbitral tribunals: Obstacles and legal considerations. Anales De La Facultad De Ciencias Juridicas Y Sociales De La Universidad Nacional De La Plata, 19(52), 133. https://doi.org/10.24215/25916386e133

Issue

Section

Derecho y Nuevas Tecnologías