All you need to make this bracelet is paper scraps (mine are from Close To My Heart's Dreamin' paper pack), a metal bracelet blank from the jewelry department of your big box craft store (around $3-$4), and Liquid Glass/Glossy Accents (same product, different brands).
Here's how to make it: First, measure the openings of the bracelet sections and cut or punch pieces to fit. Squares are easiest to start with as they can be cut more exactly. Next, adhere the paper into each section using a small amount of Liquid Glass and let dry. Finally, OVER fill each section with Liquid Glass so that it is rounded high above the top of the section's bezel. As it dries, it will shrink down to be slightly rounded or even with the top of the bezels. With a small bit of practice, you will be able to get each section the same, but if they are not even you can add another layer after the first is dry.
NOTE: if you are filling a larger or deeper area, you should fill it in layers instead of all at once to prevent cracking.
Here's what the bracelet looks like once filled:
Cutters Creek blog today using some gorgeous Graphic45 paper.