What is CellBlocks?


CellBlocks is one of the most unique forms of cryptocurrency available, not because of what it is but how it is used. CellBlocks was created to help make financial transactions between inmates become more accurate and more uniform. CellBlocks is the only decentralized cryptocurrency to make its way to the United States prison system. Because of how the cryptocurrency is used, transactions are much smoother and easier to monitor and a detailed record of each transaction is created and stored within the public blockchain.

Because of our functionality, we believe CellBlocks has the capability of becoming the first and only digital currency used in the United States prison system. As a decentralized currency, CellBlocks provides inmates with an accurate and efficient way to handle their financial affairs. Since the system is a completely virtual network, no actual currency changes hands and inmates can control their digital wallet from almost any electronic device they have access to or through a CellBlocks kiosk in the prison.

 

State Prisons in America
1,719

 ​

hold over 1.7 million inmates as of January 2017. These inmates have to rely on the same system that put them in prison to hold their money.

Federal Prisons in America 
102

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hold over 300,000 inmates as of January 2017. These prisons have never had access to see the money flow from inmate to inmate.

Revolutionizing Prison Payments
 

Our system will take a slow, outdated, untrusted system and rehabilitate it into a real-time, digital, tamper-proof system.
 

  • Transparent System: 
    Prison administrators can see the flow of transactions through their prison walls.
     

  • Real-time Transactions:
    Transactions are completed in seconds rather than days or weeks.
     

  • 100% Safe and Secure: 
    CellBlocks can’t be stolen by other inmates.
     

  • Reducing Violence in Prison:
    Through decentralization, assets in prisons will shift to digital assets, reducing violence.
     

  • Labor Reduction: 
    Save prisons hundreds of thousands of dollars each year in manual labor.
     

  • Inmate Package-Delivery Services:
    Digital payments speed up delivery time to inmates by 83%.

© 2019 CellBlocks Trust Company, LLC All Rights Reserved. 

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