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LEGAL GROUNDS OF ONLINE ARBITRATION: A COMPREHENSIVE ANALYSIS

Nodirakhon Abdurakhmanova

Tashkent State University of Law
Science-Conference.com
Volume: 2
Issue: 1
Date: June 25, 2024
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Abstract

Online arbitration has become a crucial mechanism for resolving disputes in the digital era, offering a private, efficient, and accessible alternative to traditional court systems. This article explores the legal foundations of online arbitration, examining its integration with traditional arbitration principles, the influence of international treaties such as the UNCITRAL Model Law and the New York Convention, and adaptations in national legislation. The benefits of online arbitration, including accessibility, efficiency, and cost-effectiveness, are weighed against challenges such as jurisdictional issues, enforceability, and cybersecurity. Through analysis of regulatory and institutional responses, including the development of technology standards and cybersecurity protocols, this article highlights ongoing efforts to address these challenges and suggests future directions for the continued evolution of online arbitration.

Keywords

Online arbitration, alternative dispute resolution, UNCITRAL Model Law, New York Convention, jurisdiction, enforceability, cybersecurity, digital dispute resolution, arbitral institutions, international arbitration

References

1. Resolution of the President of the Republic of Uzbekistan No. PP-3832 “On measures for the development of the digital economy in the Republic of Uzbekistan” dated 03.07.2018 ((National Database of Legislation, 04.07.2018, No. 07/18/3832/1452). 2. Civil Code of Republic of Uzbekistan, 21.12.1995 (Bulletin of the Oliy Majlis of the Republic of Uzbekistan, 1996, Appendix No 2; 1997 г., No 2, article 56; 1998, No 5-6, article 102, No 1, article 20, No 9, article 229; 200, № 1-2, article 23; 2003, No 5, article 67). 3. The Law of the Republic of Uzbekistan “On Electronic Government” No. 395 dated 09.12.2012, Collection of Legislation of the Republic of Uzbekistan, 2015, No. 49, Article 611 4. The Law of the Republic of Uzbekistan “On Electronic Commerce” No. 613-II dated 29.03.2004, The Collection of Legislation of the Republic of Uzbekistan, 2004, No. 20, Article 132. 5. ABDURAKHMANOVA, Nodirakhon. “Legal Regulation of Smart Contracts.” Periodica Journal of Modern Philosophy, Social Sciences and Humanities 21 (2023): 64-65. 6. Abdikhakimov I. Balancing Innovation and Privacy in Artificial Intelligence Technologies. 7. Ugli M. B. M. Contractual-Legal Regulation Of Foreign Banks’ Activities. INTERNATIONAL SCIENTIFIC AND CURRENT RESEARCH CONFERENCES, 1 (04), 30–33. – 2021.