COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

The total future minimum lease payments under the non-cancellable operating lease with respect to the office and the dormitory, as well as hardware trading platform as of September 30, 2016 are payable as follows:

Remaining 2016	$	139,507
Year ending December 31, 2017		856,829
Year ending December 31, 2018		500,849
Year ending December 31, 2019		85,403
Year ending December 31, 2020		14,996
Year ending December 31, 2021		14,996
Year ending December 31, 2022 and thereafter		52,486
Total	$	1,665,066