BUSINESS TRANSACTION DISPUTE RESOLUTION IN THE DIGITAL ERA ONLINE (ONLINE DISPUTE RESOLUTION)

Munzaroh Munzaroh

Abstract


The development of highly advanced information technology has revolutionized the way of trading carried out in society. Traditional practices engage with sellers and buyers at physical locations certain locations have been replaced by the ability to conduct transactions from any location with the help of information technology. The emergence of e-commerce, or online trading, has experienced exponential growth and has become an integral part of individuals' daily lives especially those who live in urban areas. However, in addition to its positive impact, ecommerce  also presents certain negative consequences due to slow development regulatory laws that correspond to the rapid expansion of this form of commerce. One problem important in relation to the current state of settlement institutions. Research methodology used in this research is normative juridical legal research, which involves comprehensive examination of the law and relevant cases. From the research carried out shows that the implementation of online arbitration is almost the same as the arbitration procedure conventional, with the exception that special provisions regarding online specifications must be entered and the online arbitration Award is considered valid as long as it complies with the basic principles arbitration.


Keywords


Settlement, Dispute, Business, Digital. Online Dispute Resolution.

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References


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