Latest news with #artisanal
Coin Geek
2 hours ago
- Business
- Coin Geek
BSV for supply chain provenance in artisanal industries
Getting your Trinity Audio player ready... In artisanal industries like fair-trade coffee, organic textiles, and handmade jewelry, transparency and trust are paramount. Consumers increasingly demand proof of ethical sourcing and authenticity, yet traditional supply chain systems often lack the granularity to provide it. BSV, with its scalable blockchain, low-cost transactions, and tamper-proof data storage, offers a powerful solution for recording supply chain provenance in these niche markets. By enabling small producers to document origin, certifications, and production processes on-chain, BSV fosters consumer confidence and eliminates costly intermediaries. This article explores how BSV transforms artisanal supply chains and its potential to empower small-scale producers. The provenance problem in artisanal markets Artisanal industries face unique supply chain challenges. Small producers, such as coffee farmers or weavers, often lack the resources to verify ethical practices or certifications, leaving them vulnerable to exploitation by middlemen. Consumers, meanwhile, struggle to distinguish genuine fair-trade or organic products from greenwashed alternatives. For example, only 10%-20% of 'fair-trade' coffee sales directly benefit farmers, per industry reports. This highlights the need for a supply chain that is both transparent and supporting of its producers. Blockchain technology promises to address these issues by recording immutable provenance data, but most blockchains are too expensive or limited for small-scale applications. BSV's high throughput and affordability uniquely suit artisanal industries, where low margins and frequent transactions demand cost-effective solutions. BSV's technical fit for provenance BSV blockchain is designed for high-volume data recording. Its unbounded block size—reaching 4GB in tests—supports 1,000,000 TPS, enabling real-time tracking of supply chain events, from harvest to retail. Transaction fees below $0.00011 allow small producers to log data points—like organic certification or fair-trade compliance—without breaking the bank. BSV's immutable ledger ensures that provenance records, once recorded, cannot be altered, providing verifiable proof of authenticity. BSV's data storage capabilities are particularly valuable for artisanal markets. Producers can embed detailed metadata into the blockchain, such as farm GPS coordinates, worker wages, or carbon footprint. Consumers can access this data via QR codes on product packaging, using apps to verify claims. This transparency provides a way for producers to ensure truth in relation to their buyers. Niche applications: Artisanal empowerment BSV's provenance capabilities shine in artisanal contexts. In fair-trade coffee, farmers can record harvest dates, processing methods, and certifications on-chain, allowing roasters and consumers to verify ethical sourcing. Cooperatives in regions like Ethiopia could use BSV to pool data, reducing costs and increasing market access. Similarly, organic textile producers can document dye sources or labor conditions, appealing to eco-conscious buyers. Often sold in niche markets, handmade jewellery benefits from BSV's ability to tokenize individual pieces. Artisans can create digital certificates of authenticity, linking physical items to blockchain records that detail gemstone origins or craftsmanship details. This builds trust in markets plagued by counterfeit goods. BSV's micropayment functionality also enables producers to receive direct payments from consumers, bypassing exploitative distributors. The future: Scaling artisanal trust BSV's potential to transform artisanal supply chains is already taking shape. Projects are developing platforms to integrate provenance tracking into small-scale production, while the BSV Association promotes adoption in developing regions. As consumer demand for ethical products grows—projected to reach $150 billion by 2030—BSV's scalable infrastructure could become a standard for artisanal markets. Conclusion BSV's scalable blockchain, low fees, and immutable data storage make it a game-changer for artisanal supply chain provenance. By enabling small producers to document ethical practices and authenticity, BSV builds consumer trust and reduces reliance on middlemen. From fair-trade coffee to handmade jewelry, its niche applications empower producers and align with the growing demand for transparency. As artisanal markets expand, BSV is poised to redefine supply chain trust, proving blockchain can deliver equitable benefits for small-scale industries. Watch: Unpacking Bitcoin sustainability at the London Blockchain Conference 2024 title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> Artisanal Products Bitcoin SV BSV Blockchain Coffee Supply Chain Tokenized
Khaleej Times
a day ago
- Entertainment
- Khaleej Times
Rediscover Eid fragrance: Azha Perfumes' Memoire collection unveiled
Azha Perfumes, the young artisanal house born from legacy and imagination, invites you this Eid to rediscover fragrance as memory. With its Memoire Collection, Azha presents six unisex perfumes that are more than compositions — they are emotion bottled, waiting to be unwrapped with meaning. Every bottle in Memoire is a chapter. Inspired by the moments that shape us — the warmth of childhood, the scent of a market stall, a whispered conversation in the desert — each fragrance invites the wearer to experience scent as a personal journey. Take Sands of Time, for instance. It begins with a medley of bergamot, cardamom, elemi, and thyme — bright and spicy, like sunrise over dunes. The heart swells with incense, saffron, and cistus, drawing us into sacred, nostalgic warmth. It closes on a luxurious base of sandalwood, leather, osmanthus, and raspberry — grounding, textured, unforgettable. Then comes Velvet Whispers, a composition wrapped in tenderness. It opens with blackcurrant and sorbet laced with pepper — cool yet playful — then reveals a heart of velvety rose and creamy vanilla. The dry down of patchouli, cashmere wood, and musk leaves a soft echo that feels like the trace of a love letter. For those who lean gourmand, Baklava is a feast. Pistachio, cardamom, and lavender open this delectable scent, before it melts into orange blossom and cedarwood. Its finish — vanilla, moss, tonka — is deliciously addictive, paying homage to the Middle Eastern dessert but with refinement and sophistication. Bedouin, on the other hand, is raw, dark, and nomadic. Syrupy davana and rum create a rich opening, while rose and suede in the heart nod to both softness and edge. Oud, dry woods, and musk in the base anchor the scent with power — it's bold, unapologetic, and haunting. Oasis Mist offers contrast — mineral freshness, pepper, and bergamot meet the unusual twist of mushroom accord and clary sage. Its base of cedar, patchouli, and moss feels grounded in the earth, perfect for those who prefer serenity over sweetness. Each perfume in Memoire is extrait de parfum — highly concentrated, long-lasting, and designed to evolve intimately on the skin. Crafted with precision in France and the UAE, this collection stands at the intersection of artistry and identity. Packaged in sleek bottles that reflect Azha's contemporary take on tradition, Memoire makes for a deeply personal Eid gift — whether to commemorate a moment, honor a memory, or simply indulge in something extraordinary. This Eid, choose a fragrance that speaks your story. Choose Azha Memoire.
Arab News
2 days ago
- Business
- Arab News
Saudi artisanal boom marks ‘Year of Handicrafts'
Monsha'at, Saudi Arabia's Small and Medium Enterprises General Authority, has released its latest quarterly SME Monitor, providing a detailed overview of the latest trends and developments shaping the Kingdom's dynamic SME ecosystem. This edition highlights a 48 percent y-o-y increase in new commercial registrations in Q1, key trends in the local and global handicrafts sector, and the many ways in which Saudi Arabia is empowering its next generation of artisanal SMEs. The report sheds light on the rich heritage of Saudi handicrafts, several of which have been listed in UNESCO's list of Intangible Cultural Heritage. In addition to well-known mainstays such as Al-Sadu weaving, Al-Qatt Al-Asiri wall decoration, Bisht tailoring, Jambiya daggers, and Madinah pottery, the report also features insights into the cultural and economic significance of Saudi handicrafts. For these reasons and others, 2025 has been designated the 'Year of Handicrafts.' Thanks to a steady increase in tourism, e-commerce, and consumer interest in authentic Saudi arts and crafts, the report shows, rural female entrepreneurs in particular also stand to gain from a sector expected to be worth $1.3 trillion by 2028. The recent launch of the Saudi Artisanal Company is an example of the sector's promise. In addition to aiming to create 9,000 new handicrafts jobs by 2030, SAC hopes to serve 15 percent of the domestic handicrafts market by then, the report shows. Thanks to a raft of recent government initiatives to empower handicrafts SMEs, from the Heritage Commission to the Royal Institute of Traditional Arts, opportunities for artisanal entrepreneurs are rife. In addition to its coverage of handicrafts trends and developments in Saudi Arabia, the latest SME Monitor also has a special section on global developments in the sector. Chief among these are a greater emphasis on sustainability and eco-friendliness, e-commerce expansion, new technology, and a desire for cultural preservation. Artisans in Uganda, the report shows, have transformed banana waste into valuable handicrafts such as rugs and lampshades, while designers elsewhere have found ways to use 3D printing with biodegradable materials to create customized garments. In its survey of broader SME developments across Saudi Arabia, the report also reveals a remarkable increase in commercial registrations in Q1 2025, a key indicator of the country's booming entrepreneurial landscape. In addition to 154,638 new registrations, sectors like e-commerce reached 41,322 active registrations in that quarter, with an impressive six percent y-o-y increase. In a show of technological advancement, the number of active cloud-computing registrations shot up by 33 percent. Thanks to a wide variety of enablement, financing, and business development programs offered by Monsha'at, more than 22,000 SMEs benefited from Saudi Arabia's leading SME enabler in Q1 2025, the report shows.
Yahoo
25-05-2025
- Business
- Yahoo
Tariffs Are Challenging the Cachet of Luxury Goods From Europe
The trade war has turned a spotlight on the artisanal clusters behind glamorous goods, inviting fresh scrutiny of one of the industry's key selling points.
Arab News
21-05-2025
- Entertainment
- Arab News
Tradition drives the contemporary at Downtown Design Riyadh fair
RIYADH: Design is always evolving, but at Riyadh's first Downtown Design fair, it is tradition that is shaping the contemporary. For the latest updates, follow us on Instagram @ From elegant, oversized rugs to gleaming light fixtures and bold statement chairs, artisanal pieces line up the exhibition halls at Riyadh's JAX District, showcasing a medley of heritage pieces that are redefining what modern design looks like. A post shared by Downtown Design (@downtowndesignd) Trame Paris' collaboration with Maison L. Drucker brings new meaning to Parisian cafe bistro chairs. The 'Enlace' collection utilizes an algorithm to generate unique digital patterns that make every customizable chair a one-of-a-kind piece. Ismail Tazi, founder of Trame, said they were 'continuing this conversation between technology and craftsmanship.' A post shared by Downtown Design (@downtowndesignd) He added that as an Arab he was 'very proud because 'algorithm' is derived from Al-Khwarizmi — a Muslim scholar who was born in today's Uzbekistan. 'So it's really something that represents me today and how I'm looking to balance my own heritage and still be part of this cultural revolution and define a new Arab aesthetic within this digital revolution.' Iwan Maktabi, a brand that specializes in contemporary takes on antique rugs, displayed a number of eye-catching carpets — particularly a piece called 'The Noorah.' Made of handwoven wool and silk, the black base of the wall rug stands out with pink, orange, and silver accents, embellished with gold motifs; and is inspired by traditional Saudi Arabic textiles. Jordan-based Naqsh Collective centralizes the concept of engravings, which is one of the first forms of art. Blending architecture and design with traditional embroidery methods, their work becomes a mode for storytelling. One of the pieces on display is derived from the embellishments on women's thobes, specifically around the collar. A post shared by Downtown Design (@downtowndesignd) Nermeen Abudail, co-founder of the collective, said: 'In this piece, we talk about how the ladies did their embroidery in the backyards. They sat together collectively creating motifs inspired by their flora and fauna. 'Each pattern comes from a region. Amulets, flowers, cyprus trees — each holds a name, comes from a region and tells a story of why it was embroidered.' Each piece is hand-cut, inlaid, and finished with solid brass on walnut wood. The four-day event, running until May 23, showcases collectible works and ultra-high-end collections presented by international galleries, independent designers and manufacturers.
