Kaffea-X Launches A Digital Marketplace For Specialty Green Coffee, Introducing Standardized Pricing And Escrow-Based Trade Security – CoffeeTalk
Kaffea-X has launched a digital marketplace for specialty green coffee aimed at addressing significant issues in global coffee trading, including price opacity, inconsistent attribute descriptions, and counterparty risk. The platform features a standardized product identification system and offers escrow-backed transaction settlements to ensure transparent price discovery and secure payment methods for its users. The official launch is timed with the World of Coffee Dubai event, where Founder and CEO Paulo Peres will host a workshop discussing the role of market structure in shaping trade transparency and value.
Paulo Peres emphasized the historical reliance on fragmented benchmarks and unstructured settlement practices that have burdened smaller producers and traders with excessive credit risk. He argued that Kaffea-X seeks to reformulate the trading structure by ensuring clear pricing based on quality, protecting origin, and facilitating secure transactions.
The platform operates under three fundamental principles:
- Standardization (KUPIC™): This system creates a framework for consistent product classification and identification, allowing for reliable attribute comparisons across various origins and markets.
- Transparency: The marketplace offers live, auditable pricing data, thereby enhancing market visibility for all stakeholders including producers, importers, exporters, traders, and roasters.
- Security: In addition to traditional settlement methods like letters of credit, Kaffea-X incorporates a third-party escrow settlement approach that mitigates counterparty credit risk for transactions outside the conventional credit systems.
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Source: Coffee Talk
