Netcycler
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Netcycler
Netcycler was an online service for consumers that facilitated Swapping (barter), swapping, giving away and Trade, trading pre-owned goods between users. The service was not only for direct person-to-person swaps, but also enabled trade rings of up to five persons. Trade rings were supported using in-house developed technology. The company was founded in February 2008 by D.Sc. Juha Koponen and M.Sc. Jussi Koskinen. Netcycler was launched in Finland in March 2010. Netcycler Germany was launched in October 2010. Netcycler UK launched in May 2011. In August 2012 the company acquired Swap.com in the USA, and it launched the Swap.com Valet Service in October 2012. The Valet Service focuses on trading kids' items. In Netcycler, swapping, giving and receiving items were all free of charge. For sales transactions and shipping services Netcycler charged a fee. Developing Netcycler had been possible with the support of Tekes (agency), TEKES (The Finnish Funding Agency for Technology and Innov ...
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Swapping (barter)
In trade, barter (derived from ''baretor'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and an ...
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Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ...
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Tekes (agency)
Business Finland is a public organization under the Finnish Ministry of Employment and the Economy. It was established on 1 January 2018, with the goal of attracting trade, tourism and foreign investment to Finland as well as providing funds for innovation. And as such, Business Finland is also involved in funding Finnish space researches, under the ''New Space Economy'' program, as well as startup companies, under ''Young Innovative Company funding'' program among other projects. The organization is made up of two entities: Innovaatiorahoituskeskus Business Finland (a government agency) and Business Finland Osakeyhtiö, Oy (a government-owned corporation controlled by the agency). History The predecessor of the agency was ''Tekes – the Finnish Funding Agency for Technology and Innovation'' (Finnish: ''Innovaatiorahoituskeskus Tekes''), while the predecessor of the corporation was Finpro Oy. Tekes was founded in 1983 through the President of Finland, Mauno Koivisto, wh ...
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Collaborative Consumption
Collaborative consumption is the set of those resource circulation systems in which consumers both "obtain" and "provide", temporarily or permanently, valuable resources or services through direct interaction with other consumers or through a mediator. It is sometimes paired with the concept of the " sharing economy". Collaborative consumption is not new; it has always existed (e.g. in the form of flea markets, swap meets, garage sales, car boot sales, and second-hand shops). In 2011, collaborative consumption was named one of ''Time'' magazine's 10 ideas that will change the world. Definition The first detailed explanation of collaborative consumption in the modern era was in a paper from Marcus Felson and Joe L. Spaeth in 1978. It has regained a new impetus through information technology, especially Web 2.0, mobile technology, and social media. A June 2018 study, using bibliometrics and network analysis, analyzed the evolution of scholarly research on collaborative consum ...
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Second-hand
Used goods mean any item of personal property offered for sale not as new, including metals in any form except coins that are legal tender, but excluding books, magazines, and postage stamps. Risks Furniture, in particular bedding or upholstered items, may have bedbugs, if they have not been examined by an expert. Benefits Recycling goods through the secondhand market reduces use of resources in manufacturing new goods and diminishes waste which must be disposed of, both of which are significant environmental benefits.Another benefit of recycling clothes is for the creation for new pieces of clothing from combings parts of recycled clothes to make a whole new piece. This has been done by multiple fashion designers recently and has been growing in recent years. However, manufacturers who profit from sales of new goods lose corresponding sales. Scientific research shows that buying used goods reduces carbon footprint and emissions significantly compared to the complete product ...
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Recycling Organizations
Recycling is the process of converting waste materials into new materials and objects. The recovery of energy from waste materials is often included in this concept. The recyclability of a material depends on its ability to reacquire the properties it had in its original state. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions. It can also prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, reducing energy use, air pollution (from incineration) and water pollution (from landfilling). Recycling is a key component of modern waste reduction and is the third component of the " Reduce, Reuse, and Recycle" waste hierarchy. It promotes environmental sustainability by removing raw material input and redirecting waste output in the economic system. There are some ISO standards related to recycling, such as ISO 15270:2008 for plastics waste and ISO 14001:2015 for enviro ...
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Online Retailers Of Finland
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: " online identity", " online predator", " online gambling", "online game", " online shopping", " online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", " cybercrime", " email", and " ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopp ...
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