Legal Regulation for Resolving Smart Commercial Contract Disputes through Smart Arbitration in Jordanian law

Abstract

The tremendous development in smart technologies has made its entry inevitable in various fields, and one of these fields is contracting through smart methods that are characterized by unconventional methods based on artificial intelligence techniques. Therefore, the matter requires unconventional (smart) methods for alternative means of litigation, which is through smart arbitration. this paper examines these smart technologies and their future risks to ensure their proper application and address the expected problems. it discusses arbitration development, the nature between smart contracts and smart arbitration, smart arbitration for smart contracts disputes settlements, Smart arbitration technology for smart contracts more transparent and confidential, the mechanism of smart contracts working on the Block Chain system in smart arbitration, Oracle as an auxiliary and supportive system for smart arbitration and Admission of rulings issued by smart arbitration.