Artisanal Miners – Connecting Artisanal Miners Direct to Buyers through Revolutionary Ethereum Technology
Ikshit Amin is the director of Torque Holdings LLP, one of India’s leading businesses. He is passionate about social change and committed to empowering communities to unlock local talent.
An aficionado of Africa, he explored its natural beauties and inspirational cultures extensively between 2009 to 2016. During this time, he was deeply affected by the plight of the artisanal miners, who provide the world with the gift of stunning precious gems and stones while themselves fighting to survive in poverty-stricken, primitive conditions.
During his exploration of African countries, he visited over 145 artisanal mines to understand the extraction process and working conditions. Moved by the current reality for profit share from source to end buyer, he founded his vision for Artisanal Miners.
“My vision is to provide economic and social balance in the ASM sector by removing the middle agency, and empowering a more equal share of the profit at source.
I returned from Africa with a purpose, and a determination to make it happen. Every artisan should have access to a fair price for their labour, and the right to sell the precious metals and stones they have worked hard to discover.
The success of this commitment demanded 100% transparency between the Donating Entity and the Receiving Entity, with clarity throughout the process for both of the following:
- What is happening with the donation
- Where the donation is being used by which entity
In addition to increasing the share of profit for the artisanal miner, being able to guarantee that the ASM African community would pay low taxes when buying / selling its services was also key to implementing positive social change.
Blockchain Technology, with its adaptive capability and financial security, was the natural solution. Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.
As a result, Artisanal Miners was created, a partnership, app-based platform connecting artisanal miners directly to buyers, with fair and competitive pricing controlled through the innovative use of an e-commerce platform combined with blockchain technology. Free to join, open and transparent, and tackling injustice at its source.
In the same way as e-commerce platforms such as Amazon, Alibaba and Indiamart have revolutionized global trade, Artisanal Miners is the bridge between the small seller and the end buyer, with a marketplace of products available in an open and transparent way, allowing easy comparison across the sellers in terms of both quality and pricing.
Artisanal Miner’s use of blockchain technology makes every participant a responsible, part owner of the platform. The more each user engages, the more Bullion(BULL) Coins they earn, which in turn strengthens blockchain, and our user partners collectively raise the value of the company.
Our model allows all stakeholders to work together to provide more affordable solutions for gold, silver, gems and precious metals, at the same time as investing in each other and improving the lives of the artisanal miners and their families.
Our vision is to provide social protection for the artisanal miners in poverty stricken areas, improving their day to day life and right to food and clean water, by empowering a more equal share of the profit in return for their labour.
My vision is now a reality. The core strength of Artisanal Miners lies in providing the miner with a safe and regulated platform to be able to sell, with blockchain technology safeguarding stakeholders.
Together, I believe we have an opportunity to revolutionise the lives of artisanal miners around the world. Join me in building a better future for their families and their communities.”