Bibliographie sélective OHADA

This paper comprehensively analyses the potential of blockchain technology and smart contracts to revolutionise dispute resolution. As dispute resolution methods evolve, blockchain and smart contracts, which offer efficiency, transparency, and fairness, are becoming more critical. That is especially the case in mediation and construction adjudication, which are less traditionally formal and tend to be carried through much more quickly than other forms of dispute resolution. The opportunity of blockchain comes from its ability to demonstrate a tamper-proof, clear record, reducing risks of misunderstanding and bias. This facilitates the transfer and verification of evidence both in the carrying out of projects and during dispute resolution processes. Smart–digital contracts with terms coded indirectly- allow for automated contract enforcement. They execute automatically upon meeting specific conditions. This automation brings a new efficiency level, cutting the time and costs of conventional dispute resolution. Nonetheless, integrating blockchain and smart contracts in dispute resolution faces several challenges. The current limited understanding and acceptance of these technologies in the legal sector is an imminent issue. Legislative changes are necessary to provide a solid legal framework for these technologies in legal processes and to address potential inconsistencies of approach. Such reform requires strong cooperation among lawmakers, technologists, and legal experts to ensure implementation that adheres to legal and ethical norms and ensures that the technologies can be applied with confidence by the stakeholders within the process. This collective effort is crucial for seamlessly integrating blockchain and smart contracts into legal frameworks.

Publisher: Kuwait International Law School ISSN 2410-2237 https://rgu-repository.worktribe.com/output/2343788/transformative-impact-of-blockchain-technology-and-smart-contracts-on-dispute-resolution-legal-challenges-and-other-implications