Procedures AND Legal Regulation OF Disputes in Online Arbitration

Within the context of smart contracts, ODR has the greatest potential for popularity and importance. In this regard, an International treaty should be adopted or the New York Convention should be amended, as well as national laws and the UNCITRAL Model Law, a regulation on the recognition and enforcement of ODR awards. Also, online arbitration must be described; the procedure is conducted entirely online, and parties and arbitrators are involved. Everything in digital arbitration is handled by a computer and artificial intelligence. This article examines the jurisdiction of online dispute resolution in the event of a conflict of laws rule relating to the server location or domain registration. If it's a company, the site of registration is the company's address. It is desirable if the arbitration centre linked with the ODR platform uses its authority to assure the judgment's execution, as well as the centre's approval of the decision.

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