Smart Contracts and Arbitration: Addressing Arbitrability and Enforcement

Schoenherr experts Katharina Michl and Maša Samardžić recently published an article analysing smart contracts in the field of arbitration. 

Smart contracts are self-executing digital agreements that operate on blockchain technology, using conditional logic to automatically perform tasks when specific conditions are met. They aim to enhance transactional security and transparency by removing the need for intermediaries. However, their rise introduces new challenges for dispute resolution, particularly concerning the role of arbitration. This includes issues around on-chain and off-chain mechanisms, the validity of coded arbitration clauses, due process, and the enforceability of awards under the New York Convention.

Read the full article here. 

authors: Katharina Michl, Maša Samardžić