Which historic traditional market was the first to introduce a formalized vendor licensing system in the 1500s, creating a model still used in cultural markets worldwide today?

Throughout history, traditional markets have been vital hubs for cultural exchange and commerce. From bazaars of the Middle East to night markets in Asia, these retail environments have influenced modern shopping experiences while preserving cultural traditions. This poll tests your knowledge about a famous traditional market that made a groundbreaking innovation in retail history while maintaining its cultural significance.

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Grand Bazaar (Istanbul), with its revolutionary 'gedik' system that regulated trade rights
Chandni Chowk (Delhi), with its 'sanad' trading permits issued by Emperor Shah Jahan
Tsukiji Market (Tokyo), with its 'kabu' inheritance-based stall ownership model
Mercado de La Boqueria (Barcelona), with its 'gremio' guild-controlled booth allocation system