Analysis

Arbitration Uniquely Situated To Benefit From Blockchain

Law360 (March 29, 2018, 8:57 PM EDT) -- International arbitration lawyers may not be known for their technological acumen, but say the word "blockchain" and you're likely to have their full attention.

Originally associated with bitcoin, blockchain has the potential to help lawyers and arbitral institutions achieve the ever-elusive goal of quicker and less expensive proceedings by eliminating so many of the tedious and protracted trappings of traditional arbitral proceedings, such as the sending and receiving of documents via courier.

But there’s another reason why international arbitration lawyers in particular are excited about the possibilities of blockchain.

“The international arbitration community is a perfect space to experiment with novel...

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