Over 2 million inmates housed in this country's prisons make purchases with a financial system that has not always worked as designed. In 2014, ConCoin (acquired by CellBlocks in 2017) was developed as an effective alternative to a quickly failing financial network. State and federal inmates need a payment system that is secure, fast, and efficient. The CellBlocks system will provide inmates with the means to receive and spend their tokens. These tokens have a limited right of use on the CellBlocks network.
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Q3 2017CellBlocks acquires ConCoin for 3% tokens in CellBlocks.
Q4 2017Letters from prisons, package mailing companies, and inmates start showing up in support.
Q1 2018CellBlocks prepares for ICO.
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