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Conflicteam
Conflicteam Overview
Conflicteam is a platform designed to enable two parties who are entangled in a financial dispute or other type of financial conflictresolve their issue online without the need for intervention from another person or entity.
Conflicteams quick-resolution, algorithm-based mechanism evaluates the compromise proposals submitted by the two sides, and if theyare compatible, the system offers the price of the compromise based on the proposals.If the compromise proposals are not compatible, the system informs the parties that the proposal failed and gives them another chance.
If after five attempts the parties are unable to reach an agreement, the system automatically suggests a compromise using its unique ability to interpret crowd wisdom to examine the proposals and provide the optimal compromise proposal. If this proposal is not accepted, the process repeats for 30 days, after which the file is closed if no compromise is reached.