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Intangible Assets

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

4.  INTANGIBLE ASSETS

The intangible assets includes patent rights, software and e-platform, of which $1.86 million was for the shared platform system of Chain Cloud Mall that completed its final development and construction stage and became intangible assets in 2020, and it was fully impaired for the year ended of December 31, 2020. 

		December 31,
		2020				2019
Cost		$	48,246			$	43,003
Less: Accumulated amortization			(7,032	)			(2,150	)
		$	41,214			$	40,853

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- References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

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