Zhong Guo Jin Rong Xin Xi Wang·2026-01-09 11:25Core Insights - The article discusses the innovative "Coffee Production Internet Service Platform" developed by China Construction Bank's Shanghai branch, which utilizes blockchain and big data to enhance the coffee industry's operational efficiency and financial accessibility [1][2]. Group 1: Industry Challenges - Coffee importers in Shanghai face significant cash flow issues due to high upfront costs like tariffs and VAT, which can account for over 20% of the goods' value, while customer payment cycles can take several months [2]. - The coffee import trade is characterized by small transaction amounts and high frequency, leading to high costs associated with traditional payment methods and difficulties in obtaining flexible bank financing due to complex procedures and lack of collateral [2][3]. Group 2: Technological Solutions - The "Coffee Production Internet Service Platform" employs blockchain technology to create a transparent and trustworthy record of each coffee batch's journey from overseas farms to domestic warehouses, enhancing the visibility of the supply chain [3]. - The platform allows for seamless cross-border payment processes and enables banks to provide tailored financing solutions based on real-time data from the blockchain, significantly improving efficiency and reducing costs for small and medium-sized enterprises [3][4]. Group 3: Ecosystem Development - The initiative aims to create a healthier and more efficient coffee industry ecosystem by connecting government, industry, technology, and consumers through financial services [4]. - The platform not only offers financial tools but also focuses on optimizing the entire value chain from sourcing to marketing, thereby enhancing the overall coffee trade environment [4][5]. Group 4: Market Impact - Since the platform's launch, it has attracted 120 registered coffee businesses and 2,700 users, with projected transaction volumes exceeding 100 million yuan by 2025 and over 20 million yuan in credit extended to businesses in the coffee supply chain [5]. - The initiative is expected to strengthen Shanghai's position as a key coffee trading hub in the Asia-Pacific region, with plans to expand the model nationally and globally [5].