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Digital Asset | 12 Months Ended
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Dec. 31, 2021
Digital Asset |
Digital Asset |
5. | Digital Asset
Digital asset holdings were comprised of the following: Schedule of Digital Asset
|  | December 31, 2021 |  |  | December 31, 2020 |  |  | September 30, 2020 |  |  | September 30, 2019 |
USDC |  | $ | 5,000,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Total |  | $ | 5,000,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Additional information about USDC: The following table presents additional information about USDC for the year ended December 31, 2021, the period of three months ended December 31, 2020 and for the years ended September 30, 2020 and 2019 respectively: Schedule of Additional Information About USDC
|  | December 31, 2021 |  |  | December 31, 2020 |  |  | September 30, 2020 |  |  | September 30, 2019 |
Opening balance |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Collection from isuance of new shares |  |  | 5,000,000 |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 5,000,000 |  |  | $ | - |  |  | $ | - |  |  | $ | - |
For the year ended December 31, 2021, the Company did not consider it necessary to recognize any allowance for the impairment of the USDC.

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