For all of Ideations contracts (NDA's, Licenses etc) we could measure the mean time between response as with a chess clock. This metric can inform us internally , could be available to the user or even made public on the member's profile. This metric will also be integrated into the Smart IP Transactions module.
There is a need for parties to a transaction to have some indication of the counterparties responsiveness particularly if there are several options for the counterparty.
This innovation simply applies the principle of the chess clock to generate a metric for responsiveness and can be usefully applied in any transactional environment.
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