Electronic arbitration as a mechanism for resolving disputes in international trade contracts

The international commercial arbitration system is regarded as one of the most significant alternative conflict resolution processes, despite the fact that there are other alternatives to the legal system, including mediation, conciliation, and reconciliation.If classic arbitration is consistently the most popular alternative method for resolving disputes between two or more parties to an international business contract, regarding the judiciary's ability to resolve a particular dispute but when these methods evolved and became electronic, the situation remained unchanged.Contracts for e-commerce are frequently of an international commercial character.The most significant method of settling disagreements resulting from different worldwide business dealings that depend on cutting-edge communications and information technology is electronic arbitration.This happens either before or after the disagreement develops, following an agreement between the two parties to an international business transaction.Along with some restrictions unique to electronic arbitration, the most crucial of which being the means of communication between the disputing parties and the arbitrators, electronic arbitration follows the same procedures as traditional arbitration.