This is a really beautiful colourful Mala Bracelet
The number 108 is considered a sacred number in traditions such as Buddhism & Hinduism. Buddhist prayer beads or malas are a traditional tool used to count the number of times a mantra is recited, breaths while meditating, counting prostrations, or the repetitions of a buddha's name. Still used by many yogis today, malas are used to recite mantras while practicing meditation. Other people wear mala beads today as a symbol and reminder of their own journey, whatever it may be.