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81 sats \ 5 replies \ @globalmerchantio 28 Aug 2023
Excellent article, giving me a lot of food for thought on textiles which I'm into business wise. Thank you, Rich
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0 sats \ 4 replies \ @k00b OP 28 Aug 2023
What impact do you think AI will have on textiles? I would've never linked one with the other.
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100 sats \ 3 replies \ @globalmerchantio 28 Aug 2023
When textiles raw goods or as finished Garments are imported or exported USA I particular they are referenced to Harmon codes. Regardless if ocean containers or aur cargo shipments these are monitored by various companies selling that data for a substantial fee.
AI or manually by anybody could start cross ref to projected currencies that were part tense or possible BRICS, BTC, USD etc.
Trends could be available to anyone at anytime. I m kinda doing some baby steps in that direction. On our site collecting which ISO listings b2b people are communicating. My thinking is tie this to which importer and or exporter is using BTC.
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0 sats \ 2 replies \ @k00b OP 28 Aug 2023
Data analysis makes a lot of sense. I imagine its pretty inaccessible for the average business. We tend to take it for granted in software.
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0 sats \ 1 reply \ @globalmerchantio 29 Aug 2023
I think it's fair to say India, Vietnam, are moving fast eating into China's monopoly on textiles in general.
Here in Honolulu we deal in importing fabric from South Korea, Indonesia, Thailand and no longer China.
We're getting metal shirt hangers from Myanmar, yep Myanmar.
you can send USD to India in 30 seconds for $ 4.00 using Remitly from cell phone, THIS WILL ENTENUALLY BY BY LIGHTNING payments.
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0 sats \ 0 replies \ @globalmerchantio 29 Aug 2023
Be by Lightning is what I meant to say
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0 sats \ 0 replies \ @k00b OP 28 Aug 2023
This is a fun question because assuming you buy the hype all economic goods benefit. You're just choosing the greater ... goods.
I tend to think bio sciences will benefit from it the most. It's got to be the messiest science we have and not for lack of trying.
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