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Property and Equipment

12 Months Ended

Dec. 31, 2014

Property and equipment consist of the following at December 31, 2014 and December 31, 2013:

	December 31, 2014			December 31, 2013
Equipment	$	14,189		$	4,000
Computer		3,469			-
Transaction verification servers		194,891			-
		212,549			4,000
Accumulated depreciation		(22,359	)		(444	)
Property and equipment, net	$	190,190		$	3,556

Depreciation expense is approximately $21,915 and $444 for the year ended December 31, 2014 and for the period from July 28, 2013 (inception) through December 31, 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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