Abstract

It is almost impossible to astonish anyone in the era of global digitalization and the Internet of Things. Modern digital technologies and artificial intelligence have become an integral part of everyday life. Neural networks analyze information and photographs that we post on the Internet, and artificial intelligence programs have learned to reproduce and create intellectual property objects independently. Undoubtedly, this situation contributes to an increase in cross-border disputes, and arbitration procedures are becoming more attractive for participants. The development of the information and communication environment significantly impacts the means and methods used by arbitrators and parties in arbitration. Online arbitration, video conferencing, electronic databases, systems for analyzing court and arbitration practice, and templates and document designers are used daily. Due to the wide distribution and diversity of digital tools, this area, like nothing else, needs effective regulation. In this regard, the author of this article concludes on the possibility of conducting an analysis on the implementation of the digital agenda by international commercial arbitration tribunals, identifying the main trends in the development of the arbitration procedure, and improving the legislation in this area.

Highlights

  • The world we live in is changing rapidly

  • When resolving international disputes, including those related to the circulation of intellectual property objects and the transfer of exclusive rights of intellectual activity, arbitration has long become a platform for fast and efficient proceedings

  • International commercial arbitration is an ideal platform for implementing most states' digital agenda and a policy to improve the arbitration system

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Summary

Introduction

The world we live in is changing rapidly. Thanks to modern digital technologies and ubiquitous access to the Internet, global economic ties evolve and improve. When resolving international disputes, including those related to the circulation of intellectual property objects and the transfer of exclusive rights of intellectual activity, arbitration has long become a platform for fast and efficient proceedings. The basis for any arbitration is the principle of party autonomy. Based on this principle, most of the procedural issues for holding hearings are resolved: evidence gathering and provision, hearings of witnesses, and others [1]. Most of the procedural issues for holding hearings are resolved: evidence gathering and provision, hearings of witnesses, and others [1] In this regard, international commercial arbitration is an ideal platform for implementing most states' digital agenda and a policy to improve the arbitration system.

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