March 3, 2022 - Emerging Markets Today

Why the artisan industry needs a decentralized cross-border payment solution

March 3, 2022March 24, 2022 Ana Paula Picasso

The artisan industry is the second largest employment in the developing world, and the worldwide handicrafts market is predicted to reach $984.8 billion by 2023, according to NEST’s State of the Handworker Economy Report. So, why do so many craftspeople throughout the world, particularly in developing countries, live in poverty?

Empowering Artisan Communities with Financial Inclusion

March 3, 2022March 3, 2022 Ana Paula Picasso

I invited Eric Osuorah, the founder of AFOMA, “the goodwill token”. He wanted to empower artisans and small businesses in different African communities, so he started Sellitic – a more financial inclusive eCommerce marketplace using a crypto token called AFOMA.