Property and equipment consist of the following at December 31, 2015 and December 31, 2014:
December 31, 2015 | December 31, 2014 | |||||||
Equipment | $ | 109,493 | $ | 14,189 | ||||
Computer | 3,086 | 3,469 | ||||||
Leasehold improvement | 242,091 | - | ||||||
Transaction verification servers | 451,281 | 194,891 | ||||||
805,951 | 212,549 | |||||||
Accumulated depreciation | (316,531 | ) | (22,359 | ) | ||||
Property and equipment, net | $ | 489,420 | $ | 190,190 |