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SCiNet Corporation provides clients with automated operating systems and services that support global trading. The firm is known for its World Trade System (R). The online platform's Offer and Demand Database contains records on 50 million goods, commodities, and services offered by 17 million companies in 245 countries. Records include location, 16-digit tariff classification number, inventory level, price, inspection, testing, arbitration, delivery port, domestic transportation, and other information. The World Trade System provides users with bill of lading, delivery order, sea waybill, certificate of origin, and other electronic documentation. The platform includes automated payment and documentary credit support features. Importers, exporters, carriers, banks, and other system users can monitor and control operations in real time. The platform includes Global Positioning System (GPS) tracking features. Most transactions are processed within 30 minutes. SCiNet earns a 1.5 percent fee on each completed transaction. Trading participants also provide the company with an annual subscription fee. SCiNet also produces 'Mini-plant' portable assembly units. It distributes bakery, water purification, tire retreading, medical assistance, and 700 other portable production and service systems to clients across Africa, South America, the Caribbean, and Asia. The Mini-plants are fully assembled and fixed to shipping containers. The units are operational on delivery and only require connections to electric or photovoltaic power, water, or other utility supplies.
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