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ARTICLE · 27 JUNE 2021

New Digital Dispute Resolutions Rules

Boyes Turner
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Following the publication of the Digital Dispute Resolution Rules ("the Rules") in April 2021, disputes arising from novel digital technologies including cryptoassets...

United KingdomLitigation, Mediation & Arbitration
Annabel Barons
Annabel Barons

Following the publication of the Digital Dispute Resolution Rules ("the Rules") in April 2021, disputes arising from novel digital technologies including cryptoassets, cryptocurrancies, fintech applications, smart contracts, blockchain and distributed ledger technology will have a specialised arbitration process which can be used to resolve disputes.

In November 2019 the UK Jurisdiction Taskforce published its 'Legal Statement on the Status of Cryptoassets and Smart Contracts' which expressed the view that cryptoassets were property and smart contracts were contracts under English law. Subsequently, extensive consultations have been underway in order to devise a new set of Rules by which to arbitrate these technological disputes. 

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