Electronic Commerce - Electronic Data Interchange (EDI) and Alternative Dispute Resolution (ADR)

Rimsha Zafar, Shayan Khan, Ankur Rajput

Abstract


E‐commerce is one of the applications of various technologies of communication to provide the exchange of automated business information. The present scenario requires an approach where the paper is replaced with technology and giving rise to EDI (Electronic data interchange). Alternative Dispute Resolution (ADR) is a mode of resolving legal disputes in online medium. The requirement of this mode is both in the business world as well as common men that requires timely justice. To so.lve the delayed justice problem and helping out people in all domains ADR plays a very important role. The project report discusses on the concept of EDI, the various processes and steps involved in EDI. The standardized formats and types of EDI have also been discussed with a case study. The drawbacks and benefits have also been listed and how does the business world look forward for growth in EDI and explanation of ADR and comparing two models named as virtual magistrate project and Wipo.

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References


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DOI: https://doi.org/10.23956/ijarcsse/V7I7/0191

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