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A circular economy is an alternative to a traditional linear economy in which companies keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life.

The purpose of the circular economy which is among the targets of the European Union; is efficiency in processes by reducing waste disposal, reuse, repair, upcycle, and recycle of assets and goods to use fewer resources. in order to solve one of the Circular Economy's biggest challenge, and assets resources, Stokarti significantly reduce the waste of valuable spare parts and assets with the new ' business-to-business ' model, serving as a profitable digital aftermarket platform that allows for cross-industry technical materials and asset exchange such as construction and industry.

Stokarti brings together firms from different countries and sectors working on the same subject, enabling them to establish trade links that were not previously possible in conventional methods.

One of the key issues to extend the life of the spare parts, is to keep track of the component. Product lifecycle shoud be managed by the component producers. Stokartı also prepares the infrastructure for Part producers to add lowpower 5g sensors to the components to be tracked when stay idle in the customer warehouse. We believe that with the development of 5g low power sensors, utilization of the older generation components will increase by better warehouse management and international sales oportunities.

Circular economy