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Tech company Made Open form strategic partnership with Timebanking UK

Cornwall based design and technology company Made Open have announced a strategic partnership with the UK’s leading timebanking organisation – Timebanking UK.

Timebanking is a time-based currency which facilitates the exchange of skills and knowledge within a community. Sometimes perceived as the domain of small-scale community initiatives, both Timebanking UK and Made Open are witnessing a surge of interest from large-scale timebanking programmes spanning both place-based and purpose-based communities.

The aim of the partnership is to combine the technical capability of Made Open’s community platform with the international reputation of Timebanking UK as leaders in their field. Timebanking UK provide advice, training and resources that enables timebanks to operate safely and fairly, following industry best practice and in a way that creates networks of mutual support. Made Open provide a social networking platform with the ability for members to earn time credits and exchange them for skills.

Speaking about the partnership, Sarah Bird, CEO of Timebanking UK, says,

“Partnering with Made Open brings a wealth of new tech options to existing and new time banks. We have always recognised that each time bank has a unique way of working and are increasingly diversifying in their operations and activities. Combining the expertise and professionalism of both our organisations will enable the timebanking movement to continue to grow across our nation and beyond.”

Made Open and Timebanking UK envisage that the partnership will help to grow the global timebanking movement.

As Robert Woolf, Director of Made Open, explains,

“We’ve already seen with our first two timebanking platforms – Torbay Together and Hexitime – how timebanking can be a relevant proposition to both local and professional business networks. I think the reason is quite simple – at the heart of timebanking is people adding more and more value to their community by sharing their skills with one another without any money changing hands. What’s not to like?”

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