Seafarer Exploration (SFRX) 10-Q 19 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 18, 2020
Document And Entity Information
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Current Fiscal Year End Date	--12-31
Entity File Number	000-29461
Entity Registrant Name	SEAFARER EXPLORATION CORP
Entity Central Index Key	0001106213
Entity Tax Identification Number	90-0473054
Entity Incorporation, State or Country Code	FL
Entity Address, Address Line One	14497 N. Dale Mabry Highway
Entity Address, Address Line Two	Suite 209-N, Tampa
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33618
Country Region	813
City Area Code	448-3577
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,991,518,200

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash	$ 56,381	$ 618,537
Prepaid expenses	83,543	159,510
Deposits	750	750
Total Current Assets	140,674	778,797
Property, plant and equipment, net	189,666	199,695
Right to use asset		8,001
Investment in P & S, Inc.	78,000	78,000
Total Assets	408,340	1,064,493
Current Liabilities
Accounts payable and accrued expense	295,534	287,089
Convertible notes payable, net of discounts of $0 and $17,935, respectively		33,065
Convertible notes payable, related parties, net of discounts of $0 and $57,413, respectively		19,787
Convertible notes payable, in default	308,300	328,300
Convertible notes payable, in default - related parties	527,900	399,700
Notes payable, in default	145,000	175,000
Notes payable, in default - related parties	18,500	18,500
Shareholder loan	1,500	1,500
Lease liability		8,079
Total Current Liabilities	1,296,734	1,271,020
Total Liabilities	1,296,734	1,271,020
Stockholders' Deficit
Common stock, $0.0001 par value - 9,900,000,000 shares authorized; 4,761,162,383 and 4,759,442,383 shares issued and outstanding at June 30, 2020 and December 31, 2019 , respectively	490,562	474,863
Common stock to be issued, $0.0001 par value, 7,890,490 and 11,620,000 shares outstanding June 30, 2020 and December 31, 2019, respectively	789	1,162
Additional paid-in capital	17,242,133	16,581,432
Accumulated deficit	(18,621,878)	(17,263,984)
Total Stockholders' Deficit	(888,394)	(206,527)
Total Liabilities and Stockholders' Deficit	408,340	1,064,493
Series A
Stockholders' Deficit
Preferred stock, $0.0001 par values - 50,000,000 shares authorized; 67 shares issued; Series A - 7 shares issued and outstanding at June 30, 2020 and December 31, 2019; Series B - 60 shares issued and outstanding at June 30, 2020 and December 31, 2019
Series B
Stockholders' Deficit
Preferred stock, $0.0001 par values - 50,000,000 shares authorized; 67 shares issued; Series A - 7 shares issued and outstanding at June 30, 2020 and December 31, 2019; Series B - 60 shares issued and outstanding at June 30, 2020 and December 31, 2019

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Discounts on convertible notes payable	$ 0	$ 17,935
Discounts on convertible notes payable, related parties	$ 0	$ 57,413
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	67	67
Preferred Stock, shares outstanding	67	67
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	9,900,000,000	9,900,000,000
Common stock, shares issued	4,761,162,383	4,759,442,383
Common Stock, shares outstanding	4,761,162,383	4,759,442,383
Common stock to be issued	7,890,490	11,620,000
Series A
Preferred stock, shares issued	7	7
Preferred Stock, shares outstanding	7	7
Series B
Preferred stock, shares issued	60	60
Preferred Stock, shares outstanding	60	60

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue:
Service income		$ 3,500	$ 4,200	$ 3,500
Operating Expenses
Consulting and contractor expenses	259,857	263,652	552,269	491,262
Research and development	122,883		278,309
Vessel maintenance and dockage	43,907	30,632	115,327	41,987
Professional fees	37,065	20,815	91,318	52,575
General and administrative expenses	67,565	197,099	85,787	224,863
Travel and entertainment expense	14,858	13,118	32,621	27,675
Rent expense	9,531	6,689	21,298	19,496
Depreciation expense	5,015		10,030
Total operating expenses	560,681	532,005	1,186,959	857,858
Net loss from operations	(560,681)	(528,505)	(1,182,759)	(854,358)
Other Income (Expense):
Interest expense	(56,069)	(54,246)	(143,760)	(90,279)
Loss on extinguishment of debt			(34,375)
Dividend income	1,500	1,500	3,000	3,000
Total expense, net	(54,569)	(52,746)	(175,135)	(87,279)
Net loss	$ (615,250)	$ (581,251)	$ (1,357,894)	$ (941,637)
Basic and diluted loss per share	$ 0	$ 0	$ 0	$ 0
Basic and diluted weighted average number of shares outstanding	4,855,622,457	4,125,752,387	4,836,166,036	3,904,802,596

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Preferred StockSeries A	Preferred StockSeries B	Common Stock	Common StockTo Be Issued	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Value at Dec. 31, 2018			$ 350,573	$ 2,319	$ 13,109,751	$ (14,954,819)	$ (1,492,176)
Beginning Balance, Shares at Dec. 31, 2018	7	60	3,518,252,964	23,192,857
Common stock issued for cash, Value			$ 34,607		327,243		361,850
Common stock issued for cash, Shares			346,066,667
Stock issued to convert notes payable, Value			$ 128		900		1,028
Stock issued to convert notes payable, Shares			1,284,938
Beneficial conversion feature					10,500		10,500
Stock issued for services, Value			$ 9,622		202,028		211,650
Stock issued for services, Shares			96,220,616
Stock issued for financing cost, Value			$ 500		7,000		7,500
Stock issued for financing cost, Shares			5,000,000
Net Loss						(360,386)	(360,386)
Ending Balance, Value at Mar. 31, 2019			$ 395,430	$ 2,319	13,657,422	(15,315,205)	(1,260,034)
Ending Balance, Shares at Mar. 31, 2019	7	60	3,966,825,185	23,192,857
Beginning Balance, Value at Dec. 31, 2018			$ 350,573	$ 2,319	13,109,751	(14,954,819)	(1,492,176)
Beginning Balance, Shares at Dec. 31, 2018	7	60	3,518,252,964	23,192,857
Net Loss							(941,637)
Ending Balance, Value at Jun. 30, 2019			$ 417,124	$ 350	14,277,754	(15,896,456)	(1,201,228)
Ending Balance, Shares at Jun. 30, 2019	7	60	4,183,765,834	3,500,000
Beginning Balance, Value at Mar. 31, 2019			$ 395,430	$ 2,319	13,657,422	(15,315,205)	(1,260,034)
Beginning Balance, Shares at Mar. 31, 2019	7	60	3,966,825,185	23,192,857
Common stock issued for cash, Value			$ 16,003	$ 350	427,547		443,900
Common stock issued for cash, Shares			160,028,572	3,500,000
Reclass from common stock to be issued, Value			$ 2,319	$ (2,319)
Reclass from common stock to be issued, Shares			23,192,857	(23,192,857)
Stock issued to convert accounts payable, Value			$ 700		6,300		7,000
Stock issued to convert accounts payable, Shares			7,000,000
Stock issued to convert notes payable, Value			$ 1,887		88,295		90,182
Stock issued to convert notes payable, Shares			18,869,220
Beneficial conversion feature					25,100		25,100
Stock issued for services, Value			$ 785		73,090		73,875
Stock issued for services, Shares			7,850,000
Net Loss						(581,251)	(581,251)
Ending Balance, Value at Jun. 30, 2019			$ 417,124	$ 350	14,277,754	(15,896,456)	(1,201,228)
Ending Balance, Shares at Jun. 30, 2019	7	60	4,183,765,834	3,500,000
Beginning Balance, Value at Dec. 31, 2019			$ 474,863	$ 1,162	16,581,432	(17,263,984)	(206,527)
Beginning Balance, Shares at Dec. 31, 2019	7	60	4,761,162,383	11,620,000
Common stock issued for cash, Value			$ 890		51,610		52,500
Common stock issued for cash, Shares			8,900,000
Reclass from common stock to be issued, Value			$ 1,012	$ (1,012)
Reclass from common stock to be issued, Shares			10,120,000	(10,120,000)
Stock issued to convert accrued interest on convertible notes payable, Value			$ 3,978		80,108		84,086
Stock issued to convert accrued interest on convertible notes payable, Shares			39,781,082
Beneficial conversion feature					51,000		51,000
Stock issued for services, Value			$ 535		84,895		85,430
Stock issued for services, Shares			5,348,366
Net Loss						(742,644)	(742,644)
Ending Balance, Value at Mar. 31, 2020			$ 481,278	$ 150	16,849,045	(18,006,628)	(676,155)
Ending Balance, Shares at Mar. 31, 2020	7	60	4,825,311,831	1,500,000
Beginning Balance, Value at Dec. 31, 2019			$ 474,863	$ 1,162	16,581,432	(17,263,984)	(206,527)
Beginning Balance, Shares at Dec. 31, 2019	7	60	4,761,162,383	11,620,000
Shares issued for charitable contribution, Value							9,700
Net Loss							(1,357,894)
Ending Balance, Value at Jun. 30, 2020			$ 490,562	$ 789	17,242,133	(18,621,878)	(888,394)
Ending Balance, Shares at Jun. 30, 2020	7	60	4,918,149,139	7,890,490
Beginning Balance, Value at Mar. 31, 2020			$ 481,278	$ 150	16,849,045	(18,006,628)	(676,155)
Beginning Balance, Shares at Mar. 31, 2020	7	60	4,825,311,831	1,500,000
Common stock issued for cash, Value			$ 9,110	$ 571	372,418		382,099
Common stock issued for cash, Shares			91,100,000	5,714,286
Beneficial conversion feature
Stock issued for services, Value			$ 74	$ 68	11,070		11,212
Stock issued for services, Shares			737,308	676,204
Shares issued for charitable contribution, Value			$ 100		9,600		9,700
Shares issued for charitable contribution, Shares			1,000,000
Net Loss						(615,250)	(615,250)
Ending Balance, Value at Jun. 30, 2020			$ 490,562	$ 789	$ 17,242,133	$ (18,621,878)	$ (888,394)
Ending Balance, Shares at Jun. 30, 2020	7	60	4,918,149,139	7,890,490

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,357,894)	$ (941,637)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	10,030
Amortization right of use asset	8,001	7,151
Amortization of beneficial conversion feature and loan fees	126,348	34,830
Common stock issued for services	38,266	206,252
Common stock issued for a charitable contribution	9,700
Common stock and warrants issued for non-payment of notes payable		7,500
Loss on extinguishment of debt	34,375
Decrease in:
Prepaid expenses and deposits	113,053
Increase (decrease) in:
Accounts payable and accrued expenses	8,445	(66,594)
Operating lease liabilities	(8,079)	(6,996)
Net Cash Used by Operating Activities	(1,017,755)	(759,494)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase (decrease) in bank overdraft		(2,919)
Proceeds from the sale of common stock	434,599	805,750
Proceeds from the issuance of convertible notes payable		11,000
Proceeds from the issuance convertible notes payable, related party	51,000	32,100
Payments on notes payable	(30,000)	(46,500)
Payments to shareholders		(5,048)
Net Cash Provided By Financing Activities	455,599	794,383
NET INCREASE IN CASH	(562,156)	34,889
CASH, BEGINNING OF PERIOD	618,537
CASH, END OF PERIOD	56,381	34,889
Supplemental disclosure of cash flow information:
Cash paid for interest expense
Cash paid for income taxes
Noncash operating and financing activities:
Convertible debt and accrued interest converted to common stock	84,086	91,210
Operating lease liabilities and right of use asset		22,572
Beneficial conversion feature on convertible notes payable	51,000	35,200
Stock issued for prepaid services	$ 24,000	$ 145,814

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	NOTE 1 – DESCRIPTION OF BUSINESS Seafarer Exploration Corp., was incorporated on May 28, 2003 in the State of Delaware. The principal business of the Company is to engage in the archaeologically-sensitive exploration, documentation, recovery, and conservation of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks for future generations to be able to appreciate and understand. In March of 2014, Seafarer entered into a partnership and with Marine Archaeology Partners, LLC (“MAP”), with the formation of Seafarer’s Quest, LLC for the purpose of exploring a shipwreck site off of Melbourne Beach, Florida. Under the partnership with MAP, Seafarer is the designated manager of Seafarer’s Quest, LLC, is responsible for costs of permitting, exploration and recovery, and is entitled to receive 80% and while MAP is entitled to receive 20% of artifacts recovered from the site after the State of Florida receives its share, which is anticipated to be 20% under any future recovery permits. The permits for two areas on the site, designated as Areas 1 and 2, were renewed in 2019 for an additional 3 years. There are no recovery permits for the site that have been applied for or issued as of the date of this filing and it will be necessary to be granted a recovery permit in order to recover any artifacts and treasure that are located on the site. The Company’s wholly owned subsidiary Blockchain LogisTech, LLC, was formed on April 4, 2018 and began operations in 2019. Blockchain LogisTech, LLC provides customer referrals to a blockchain related software services company. Florida Division of Historical Resources Agreements/Permits The Company successfully renewed its permits for both Areas 1 and 2 for the Melbourne Beach site. The Area 2 permit was renewed on January 14, 2019 for a period of three years. The Area 1 permit was renewed on March 1, 2019 for a period of three years. Federal Admiralty Judgement As previously noted on its form 8-K filed on November 22, 2017, Seafarer was granted, through the United States District Court for the Southern District of Florida, a final judgment for its federal admiralty claim on the Juno Beach shipwreck site. Blockchain Software Services Referral Agreement Blockchain LogisTech, LLC, has a strategic partnership to provide referrals to a blockchain software services provider and receive referral fees when the referrals lead to closed business for the blockchain software services company.

Going Concern

Going Concern	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 2 – GOING CONCERN These condensed consolidated financial statements have been prepared on a going concern basis, which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred net losses since inception, which raises substantial doubt about the Company’s ability to continue as a going concern. Based on its historical rate of expenditures, the Company expects to expend its available cash in less than one month from August 19, 2020. Management’s plans include raising capital through the equity markets to fund operations and, eventually, the generation of revenue through its business. The Company does not expect to generate any significant revenues for the foreseeable future. At June 30, 2020, the Company had a working capital deficit of $1,156,060. The Company is in immediate need of further working capital and is seeking options, with respect to financing, in the form of debt, equity or a combination thereof. Failure to raise adequate capital and generate adequate revenues could result in the Company having to curtail or cease operations. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. Additionally, even if the Company does raise sufficient capital to support its operating expenses and generate adequate revenues, there can be no assurances that the revenue will be sufficient to enable it to develop to a level where it will generate profits and cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern; however, the accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. These consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classifications of the liabilities that might be necessary should the Company be unable to continue as a going concern. Covid-19 Disclosure The COVID-19 global pandemic may seriously negatively affect the Company’s operations and business. It is possible that this ongoing global pandemic may cause the Company to have to significantly delay or suspend its operations, which would likely result in a material adverse impact on its business and financial positions. Furthermore, the Company may be unable to raise sufficient capital due to COVID-19’s effects on the general economy and the capital markets. If the Company is not able to obtain financing due to COVID-19, then it is highly likely that it will be forced to cease operations. Smaller companies such as Seafarer, who lack significant revenues, earnings and cash flows as well as who lack diversified business operations are particularly vulnerable to having to potentially cease operations due to the effects of COVID-19. If the Company were to be unable to raise capital and cease its operations then it would be very highly likely that the Company would not survive and lenders and investors would suffer a complete loss of all capital loaned to or invested in the Company.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES This summary of significant accounting policies of Seafarer is presented to assist in understanding the Company’s condensed consolidated financial statements. The condensed consolidated financial statements and notes are representations of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the condensed consolidated financial statements. Principles of Consolidation The consolidated financial statements of the Company include the accounts of the Company and Blockchain LogisTech, LLC, which is a wholly owned subsidiary. Intercompany accounts and transactions have been eliminated in consolidation. Cash and Cash Equivalents For purposes of the statements of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2020 and December 31, 2019. Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits. Research and Development Expenses Expenditures for research and development are expensed as incurred. The Company incurred research and development expenses of $278,309 and $0 respectively, for the six months ended June 30, 2020 and 2019 and$122,883 and $0 respectively, for the three months ended June 30, 2020 and 2019. Revenue Recognition Effective January 1, 2018, the Company adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 606, “ Revenue from Contracts with Customers The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The Company recognizes revenue from the referrals that Blockchain LogisTech, LLC has made to a provider of software services when payment for a referral is received from the provider of software services. Seafarer has not generated any revenues to date from its core historic and shipwreck recovery operations and at this point in time is unable to determine how revenue will be recognized due to a lack of visibility as to how the Company will be compensated for its services. Earnings Per Share The Company has adopted FASB ASC 260-10 which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity. The potentially dilutive common stock equivalents for the six months ended June 30, 2020 and 2019 were excluded from the dilutive loss per share calculation as they would be antidilutive due to the net loss. As of June 30, 2020 and 2019, there were 603,690,191 and 553,309,220 shares of common stock underlying our outstanding convertible notes payable and warrants, respectively. Fair Value of Financial Instruments The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments. Property and Equipment Fixed assets are recorded at historical cost. Depreciation is computed on the straight-line method over the estimated useful lives of the respective assets. During the year ended December 31, 2019, the Company purchased a vessel with an estimated useful life of ten years. As of June 30, 2020, this is the only capital asset owned by the Company. Depreciation expense was $10,030 and $0 respectively, for six month periods ended June 30, 2020 and 2019 and $5,015 and $0 respectively, for three month periods ended June 30, 2020 and 2019. Impairment of Long-Lived Assets In accordance with ASC 360-10, the Company, on a regular basis, reviews the carrying amount of long-lived assets for the existence of facts or circumstances, both internally and externally, that suggest impairment. The Company determines if the carrying amount of a long-lived asset is impaired based on anticipated undiscounted cash flows, before interest, from the use of the asset. In the event of impairment, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the asset. Fair value is determined based on appraised value of the assets or the anticipated cash flows from the use of the asset, discounted at a rate commensurate with the risk involved. There were no impairment charges recorded during the six month periods ended June 30, 2020 and 2019. Use of Estimates The process of preparing consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Significant estimates for the six month periods ended June 30, 2020 and 2019 include useful life of property and equipment, valuation allowances against deferred tax assets and fair value of non cash equity transactions. Segment Information Beginning in 2019, Seafarer’s wholly owned subsidiary, Blockchain LogisTech, LLC began operations, generated revenue and incurred expenses. The business of Blockchain LogisTech, LLC has no relation to the Company’s shipwreck exploration and recovery operations other than common ownership. As such, the Company concluded that the operations of Blockchain LogisTech, LLC and Seafarer were separate reportable segments (see Note 10). Convertible Notes Payable The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. ASC 470-10 addresses classification determination for specific obligations, such as short-term obligations expected to be refinanced on a long-term basis, due-on-demand loan arrangements, callable debt, sales of future revenue, increasing rate debt, debt that includes covenants, revolving credit agreements subject to lock-box arrangements and subjective acceleration clauses, and indexed debt. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt. Stock Based Compensation The Company applies the fair value method of FASB ASC 718, “ Share Based Payment Fully vested and non-forfeitable shares issued prior to the services being performed are classified as prepaid expenses. Leases In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases On January 1, 2019, the Company adopted ASU No. 2016-02, applying the package of practical expedients to leases that commenced before the effective date whereby the Company elected to not reassess the following: (i) whether any expired or existing contracts contain leases and; (ii) initial direct costs for any existing leases. For contracts entered into on or after the effective date, at the inception of a contract the Company assessed whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether it has the right to direct the use of the asset. The Company will allocate the consideration in the contract to each lease component based on its relative stand-alone price to determine the lease payments. Operating lease right of use (“ROU”) assets represents the right to use the leased asset for the lease term and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at the adoption date in determining the present value of future payments. Lease expense for minimum lease payments is amortized on a straight-line basis over the lease term and is presented on the statements of operations. As permitted under the new guidance, the Company has made an accounting policy election not to apply the recognition provisions of the new guidance to short term leases (leases with a lease term of twelve months or less that do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise); instead, the Company will recognize the lease payments for short term leases on a straight-line basis over the lease term. Recent Accounting Pronouncements All other recent accounting pronouncements issued by the FASB, did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Operating Lease Right-Of-Use As

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities	6 Months Ended
	Jun. 30, 2020
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Operating Lease Right-Of-Use Assets and Operating Lease Liabilities	NOTE 4 – OPERATING LEASE AND RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES Operating lease right-of-use assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The interest rate used to determine the present value is the incremental borrowing rate, estimated to be 6%, as the interest rate implicit in most of the Company’s leases are not readily determinable. Operating lease expense is recognized on a straight-line basis over the lease term. During the three and six month periods ended June 30, 2020 and 2019, the Company recorded $3,945 and $0 and $7,890 and $0, respectively, as operating lease expense, which is included in rent expenses on the statements of operations. The Company leases 823 square feet of office space located at 14497 North Dale Mabry Highway, Suite 209-N, Tampa, Florida 33618. The Company entered into an amended lease agreement commencing on July 1, 2020 through July 31, 2023 with base month rents of $1,475 from July 1, 2020 to June 30, 2021, $1,519 from July 1, 2021 to June 30, 2022, $1,564 from July 1, 2022 to June 30, 2023 and $1,611 from July 1, 2023 to July 31, 2024. Under the terms of the lease there may be additional fees charged above the base monthly rental fee. In adopting ASC Topic 842, Leases Right-of-use assets at June 30, 2020 are summarized below: June 30, 2020 (Unaudited) Office lease (remaining lease term of 3 months) $ 22,575 Less accumulated amortization (22,575 ) Right-of-use assets, net $ - Amortization on the right -of -use asset is included in rent expense on the condensed consolidated statements of operations. Operating Lease liabilities are summarized below: June 30, 2020 (Unaudited) Office lease $ - Less: current portion - Long term portion $ - Maturity of lease liabilities are as follows: Six month period ended June 30, 2020 $ - Less: Present value discount - Lease liability $ - Right-of-use assets at December 31, 2019 are summarized below: December 31, 2019 Office lease (remaining lease term of 12 months) $ 22,575 Less accumulated amortization (14,574 ) Right-of-use assets, net $ 8,001 Amortization on the right-of-use asset is included in rent expense on the condensed consolidated statements of operations. Operating Lease liabilities are summarized below: December 31, 2019 Office lease $ 8,079 Less: current portion (8,079 ) Long term portion $ - Maturity of lease liabilities are as follows: Year ending 2020 $ 7,968 Plus: Present value discount 111 Lease liability $ 8,079 The Company also has an operating lease for a house located in Palm Bay, Florida that it leases on a month-to-month basis for $1,300 per month. The Company uses the house to store equipment and gear and to provide temporary work-related living quarters for its divers, personnel, consultants and independent contractors involved in its exploration and recovery operations. The Company also pays a rental fee for a space in a park on an as needed basis.

Investment in Probabilities and

Investment in Probabilities and Statistics, Inc.	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Investment in Probabilities and Statistics, Inc.	NOTE 5 – INVESTMENT IN PROBABILITY AND STATISTICS, INC. The Company entered into a share exchange agreement with Probability and Statistics, Inc. (“P&S”), a privately held corporation, in August of 2018. Under the terms of the share exchange agreement, the Company agreed to issue 60,000,000 shares of its restricted common stock to P&S in exchange for 10,000 common shares of P&S, or a 1% interest. All shares issued by both parties under the agreement have all rights and entitlements as the common stock of every other shareholder of such share class. The investment in P&S was valued at $78,000 based on fair value of the Company’s shares issued to P&S on the date of the share exchange agreement and is being accounted for as a cost method investment. The Company received dividends from P&S during the six month periods ended June 30, 2020 and 2019 of $3,000, which have been presented as dividend income on the condensed consolidated statements of operations. The Company has an agreement with P&S to receive referral fees from P&S. Under the terms of the agreement, P&S has agreed to pay a 7% referral fee to the Company when P&S receives cash flows from providing blockchain software services to entities that were referred by the Company. The agreement is ongoing and has no expiration date. P&S is currently Blockchain LogisTech, LLC’s only customer.

Convertible Notes Payable and N

Convertible Notes Payable and Notes Payable	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Convertible Notes Payable And Notes Payable	NOTE 6 – CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE Upon inception, the Company evaluates each financial instrument to determine whether it meets the definition of “conventional convertible” debt under ASC 470. Convertible Notes Payable The following tables reflect the convertible notes payable at June 30, 2020 and December 31, 2019: Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable 09/04/19 03/04/20 $ - $ 25,000 6.00% 0.00300 09/04/19 03/04/20 - 26,000 6.00% 0.00300 Face value - 51,000 Less unamortized discounts - 17,935 Balance convertible notes payable $ - $ 33,065 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - related parties 09/17/19 04/17/20 $ - $ 12,000 6.00% 0.00300 11/12/19 05/12/20 - 25,000 6.00% 0.00250 11/26/19 05/26/20 - 25,200 6.00% 0.00300 12/03/19 06/03/20 - 15,000 6.00% 0.00300 Face value - 77,200 Less unamortized discounts - 57,413 Balance convertible notes payable - related parties $ - $ 19,787 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - in default 08/28/09 11/01/09 $ 4,300 $ 4,300 10.00% 0.01500 11/20/12 05/20/13 50,000 50,000 6.00% 0.00500 01/19/13 07/30/13 5,000 5,000 6.00% 0.00400 02/11/13 08/11/13 9,000 9,000 6.00% 0.00600 09/25/13 03/25/14 10,000 10,000 6.00% 0.01250 10/04/13 04/04/14 50,000 50,000 6.00% 0.01250 10/30/13 10/30/14 50,000 50,000 6.00% 0.01250 05/15/14 11/15/14 40,000 40,000 6.00% 0.00700 10/13/14 04/13/15 -   25,000 6.00% 0.00500 09/18/15 03/18/16 25,000 25,000 6.00% 0.00200 04/04/16 10/04/16 10,000 10,000 6.00% 0.00100 07/19/16 07/19/17 4,000 4,000 6.00% 0.00150 08/24/16 02/24/17 - 20,000 6.00% 0.00100 03/06/18 09/06/18 6,000 6,000 6.00% 0.00060 02/06/18 11/07/18 6,000 6,000 6.00% 0.00060 10/29/18 04/29/19 3,000 3,000 6.00% 0.00070 01/03/19 07/03/19 1,000 1,000 6.00% 0.00100 03/16/19 09/16/19 10,000 10,000 6.00% 0.00100 09/04/19 03/04/20 25,000 - 6.00% 0.00300 Balance convertible notes payable - in default $ 308,300 $ 328,300 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - related parties, in default 01/09/09 01/09/10 $ 10,000 $ 10,000 10.00% 0.01500 01/25/10 01/25/11 6,000 6,000 6.00% 0.00500 01/18/12 07/18/12 50,000 50,000 8.00% 0.00400 01/19/13 07/30/13 15,000 15,000 6.00% 0.00400 07/26/13 01/26/14 10,000 10,000 6.00% 0.01000 01/17/14 07/17/14 31,500 31,500 6.00% 0.00600 05/27/14 11/27/14 7,000 7,000 6.00% 0.00700 07/21/14 01/25/15 17,000 17,000 6.00% 0.00800 10/16/14 04/16/15 21,000 21,000 6.00% 0.00450 07/14/15 01/14/16 9,000 9,000 6.00% 0.00300 01/12/16 07/12/16 5,000 5,000 6.00% 0.00200 05/10/16 11/10/16 5,000 5,000 6.00% 0.00050 05/10/16 11/10/16 5,000 5,000 6.00% 0.00050 05/20/16 11/20/16 5,000 5,000 6.00% 0.00050 07/12/16 01/12/17 2,400 2,400 6.00% 0.00060 01/26/17 03/12/17 5,000 5,000 6.00% 0.00050 02/14/17 08/14/17 25,000 25,000 6.00% 0.00075 08/16/17 09/16/17 3,000 3,000 6.00% 0.00080 03/14/18 05/14/18 25,000 25,000 6.00% 0.00070 04/04/18 06/04/18 3,000 3,000 6.00% 0.00070 04/11/18 06/11/18 25,000 25,000 6.00% 0.00070 05/08/18 07/08/18 25,000 25,000 6.00% 0.00070 05/30/18 08/30/18 25,000 25,000 6.00% 0.00070 06/12/18 09/12/18 3,000 3,000 6.00% 0.00070 06/20/18 09/12/18 500 500 6.00% 0.00070 01/09/18 01/09/19 12,000 12,000 6.00% 0.00060 08/27/18 02/27/19 2,000 2,000 6.00% 0.00070 10/02/18 04/02/19 1,000 1,000 6.00% 0.00080 10/23/18 04/23/19 4,200 4,200 6.00% 0.00070 11/07/18 05/07/19 2,000 2,000 6.00% 0.00080 11/14/18 05/14/19 8,000 8,000 6.00% 0.00080 01/08/19 07/08/19 7,000 7,000 6.00% 0.00080 04/25/19 12/23/19 20,000 20,000 6.00% 0.00400 06/07/19 12/07/19 5,100 5,100 6.00% 0.00300 09/17/19 04/17/20 12,000 - 6.00% 0.00250 11/12/19 05/12/20 25,000 - 6.00% 0.00300 11/26/19 05/26/20 25,200 - 6.00% 0.00300 12/03/19 06/03/20 15,000 - 6.00% 0.00300 01/07/20 06/20/20 51,000 - 6.00% 0.00300 Balance convertible notes payable - related parties, in default $ 527,900 $ 399,700 Balance all convertible notes payable $ 836,200 $ 780,852 Notes Payable The following tables reflect the notes payable at June 30, 2020 and December 31, 2019: Issue Date Maturity June 30, 2020 December 30, Rate Principal Principal Notes payable - in default 04/27/11 04/27/12 $ 5,000 $ 5,000 6.00% 12/14/17 12/14/18 35,000 65,000 6.00% 11/29/17 11/29/19 105,000 105,000 2.06% Balance notes payable - default $ 145,000 $ 175,000 Issue Date Maturity June 30, 2020 December 30, Rate Principal Principal Notes payable - related parties, in default 02/24/10 02/24/11 $ 7,500 $ 7,500 6.00% 10/06/15 11/15/15 10,000 10,000 6.00% 02/08/18 04/09/18 1,000 1,000 6.00% Balance notes payable - related parties, in default $ 18,500 $ 18,500 Balance all notes payable $ 163,500 $ 193,500 New Convertible Notes Payable Issued During the Six Month Period Ended June 30, 2020 During the six month period ended June 30, 2020, the Company entered into the following Convertible Notes Payable and Notes Payable Agreements: In January of 2020, the Company entered into a convertible promissory note agreement in the amount of $51,000 with a related party who is a member of the Board of Directors. This note pays interest at a rate of 6% per annum and the principal and accrued interest is due on or before June 30, 2020. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.003 per share. Note Conversions During the six month period ended June 30, 2020: The Company issued 39,781,082 shares of restricted common stock to settle $84,086 of principal and accrued interest owed on three convertible notes payable. The remaining principal balance of all of these notes was $0 at March 31, 2020. During the six month period ended June 30, 2019: A lender converted the principal and accrued interest for a convertible promissory note outstanding with a principal balance of $1,028 into 1,284,938 shares of the Company’s common stock. Repayment of Promissory Note During the six month period ended June 30, 2020, the Company repaid a total of $30,000 of the principal of a promissory note with an original principal balance of $75,000 that was due on December 14, 2018. The remaining principal balance of the note at June 30, 2020 was $35,000. Convertible Notes Payable and Notes Payable, in Default The Company does not have additional sources of debt financing to refinance its convertible notes payable and notes payable that are currently in default. If the Company is unable to obtain additional capital, such lenders may file suit, including suit to foreclose on the assets held as collateral for the obligations arising under the secured notes. If any of the lenders file suit to foreclose on the assets held as collateral, then the Company may be forced to significantly scale back or cease its operations, which would more than likely result in a complete loss of all capital that has been invested in or borrowed by the Company. The fact that the Company is in default of several promissory notes held by various lenders makes investing in the Company or providing any loans to the Company extremely risky with a very high potential for a complete loss of capital. The convertible notes that have been issued by the Company are convertible at the lender’s option. These convertible notes represent significant potential dilution to the Company’s current shareholders as the convertible price of these notes is generally lower than the current market price of the Company’s shares. As such, when these notes are converted into shares of the Company’s common stock, there is typically a highly dilutive effect on current shareholders and it is very possible that such dilution may significantly negatively affect the trading price of the Company’s common stock.

Stockholders' Deficit

Stockholders' Deficit	6 Months Ended
	Jun. 30, 2020
Capital Stock
Stockholders' Deficit	NOTE 7 – STOCKHOLDERS’ DEFICIT Common Stock Issuances During the six month period ended June 30, 2020, the Company issued or is to issue the following shares of common stock: - 100,000,000 restricted shares for total proceeds of $434,599. - 39,781,082 restricted shares to settle $84,086 of principal and accrued interest owed on various convertible notes payable and one note payable. - 6,085,674 vested and non-forfeitable restricted shares for services provided by consultants, contractors, and other service providers. The Company determined the fair value of the shares issued using the stock price on date of issuance. Compensation expense is recognized as the services are provided to the Company. - 10,120,000 restricted shares reclassed from common stock to be issued. - 1,000,000 shares valued at $9,700 issued as charitable contribution to a separate charity. The Company determined the fair value of the shares issued using the stock price on date of issuance. During the six month period ended June 30, 2019, the Company issued the following shares of common stock: - The Company had issued or agreed to issue 506,095,239 shares for total proceeds of $805,750. - The Company issued 1,284,938 shares for the conversion of $1,000 of convertible note principal and $28 of accrued interest for a total of $1,028. - The Company issued 106,170,616 fully vested and non-forfeitable common stock shares for services provided by consultants, contractors, advisory members, board members, and other service providers. We determined the fair value of the shares issued using the stock price on date of issuance. Compensation expense is recognized as the services are provided to the Company. For the three and six-month periods ended June 30, 2019, we incurred $59,325 and $254,175 of compensation expense for stock issued for services and had prepaid expenses of $81,733 at June 30, 2019 for stock issued prior to services being performed. - The Company issued 5,000,000 shares to one of its convertible note payable lenders as a penalty for failure to repay the convertible note when due. The fair value of these shares was determined to be $7,500 based on the market price of the stock on the date it was issued in accordance with the convertible note payable agreement. - The Company issued 18,869,220 shares to settle $90,182 of accrued interest owed on fourteen convertible notes payable. - The Company issued 7,000,000 shares to settle an account payable in the amount of $7,000. Series A Preferred Stock At June 30, 2020 and December 31, 2019, the Company had seven shares of Series A preferred stock issued and outstanding. Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock. Series B Preferred Stock On February 10, 2014, the Board of Directors of the Company under the authority granted under Article V of the Articles of Incorporation, defined and created a new preferred series of shares from the 50,000,000 authorized preferred shares. Pursuant to Article V, the Board of Directors has the power to designate such shares and all powers and matters concerning such shares. Such share class shall be designated Preferred Class B. The preferred class was created for 60 Preferred Class B shares. Such shares each have a voting power equal to one percent of the outstanding shares issued (totaling 60%) at the time of any vote action as necessary for share votes under Florida law, with or without a shareholder meeting. Such shares are non-convertible to common stock of the Company and are not considered as convertible under any accounting measure. Such shares shall only be held by the Board of Directors as a Corporate body, and shall not be placed into any individual name. Such shares were considered issued at the time of this resolution’s adoption, and do not require a stock certificate to exist, unless selected to do so by the Board for representational purposes only. Such shares are considered for voting as a whole amount, and shall be voted for any matter by a majority vote of the Board of Directors. Such shares shall not be divisible among the Board members, and shall be voted as a whole either for or against such a vote upon the vote of the majority of the Board of Directors. In the event that there is any vote taken which results in a tie of a vote of the Board of Directors, the vote of the Chairman of the Board shall control the voting of such shares. Such shares are not transferable except in the case of a change of control of the Corporation when such shares shall continue to be held by the Board of Directors. Such shares have the authority to vote for all matters that require a share vote under Florida law and the Articles of Incorporation. Warrants and Options The Company did not issue any warrants or options during the six month period ended June 30, 2020. At June 30, 2020, the Company had warrants to purchase a total of 8,000,000 shares of its restricted common stock outstanding. The following table shows the warrants outstanding at June 30, 2020: Number of Shares Term June 30, 2020 Exercise Price 11/10/12 to 11/20/22 4,000,000 0.0050 09/18/15 to 09/18/20 4,000,000 0.0030 8,000,000

Commitments and Contingincies

Commitments and Contingincies	6 Months Ended
	Jun. 30, 2020
Disclosure Commitments And Contingencies Abstract
Commitments and Contingincies	NOTE 8 – COMMITMENTS AND CONTINGENCIES Agreement to Explore a Shipwreck Site Located off of Melbourne Beach, Florida In March of 2014, Seafarer entered into a partnership and ownership with Marine Archaeology Partners, LLC, with the formation of Seafarer’s Quest, LLC. Such LLC was formed in the State of Florida for the purpose of permitting, exploration and recovery of artifacts from a designated area on the east coast of Florida. Such site area is from a defined, contracted area by a separate entity, which a portion of such site is designated from a previous contracted holding through the State of Florida. Under such agreement, Seafarer is responsible for costs of permitting, exploration and recovery, and is entitled to 60% of such artifact recovery. Seafarer has a 50% ownership, with designated management of the LLC coming from Seafarer. Seafarer is handling the operations on behalf of Seafarer’s Quest, there has been no significant financial activity in Seafarer’s Quest. Certain Other Agreements See Note 4 Operating Lease Right-of-Use Assets and Operating Lease Liabilities.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Related Party Transactions	NOTE 9 – RELATED PARTY TRANSACTIONS During the six month period ended June 30, 2020, the Company has had extensive dealings with related parties including the following: In January of 2020, the Company entered into a convertible promissory note agreement in the amount of $51,000 with a related party who is a member of the Board of Directors. This note pays interest at a rate of 6% per annum and the principal and accrued interest was due on or before June 30, 2020. The note is unsecured and is convertible at the lender’s option into shares of the Company’s common stock at a rate of $0.003 per share. The Company’s Board of Directors had previously approved a compensation package including a salary for its CEO. The Company began paying the CEO a salary of $10,000 per month in April of 2020. The Company has an informal consulting agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to pay the related party limited liability company a minimum of $4,000 per month plus periodic bonuses to provide general business consulting and to assess the Company’s business and to advise management with respect to an appropriate business strategy on an ongoing basis, commenting on proposed corporate decisions, perform period background research including background checks and provide investigative information on individuals and companies and to assist, when needed, as an administrative specialist to perform various administrative duties and clerical services including reviewing the Company’s agreements and books and records. The consultant provides the services under the direction and supervision of the Company’s CEO. During the six month period ended June 30, 2020 the Company paid the related party consultant fees $25,000 for services rendered. At June 30, 2020 and December 31, 2019, the Company owed the related party consultant $0 for services rendered. The Company has an ongoing agreement with a limited liability company that is owned and controlled by a person who is related to the Company’s CEO to provide stock transfer agency services. During the six month period ended June 30, 2020, the Company paid the related party consultant fees $525 for services rendered. At June 30, 2020 and December 31, 2019, the Company owed the related party consultant $0 and $2,978, respectively, for services rendered. Shareholder Loans At June 30, 2020, the Company had a loan outstanding to its CEO in the amount of $1,500. The loan has a 2% annual rate of interest and an option to convert the loan into restricted shares of the Company’s common stock at $0.0005. At June 30, 2020, the following promissory notes and shareholder loans were outstanding to related parties: See Note 6 convertible notes payable – related parties, convertible notes payable – related parties, in default, and notes payable - related parties, in default.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Segment Information	NOTE 10 – SEGMENT INFORMATION Seafarer’s wholly owned subsidiary Blockchain LogisTech, LLC began operations in 2019 by providing referrals to P&S (please see Note 5 - Investment in Probability and Statistics, Inc.) in exchange for referral fees for closed business. Due to Blockchain LogisTech, LLC starting operations which have no relation to the Company’s shipwreck and exploration recovery business, the Company evaluated this business and its impact upon the existing corporate structure. The Company has determined that Blockchain LogisTech, LLC’s and Seafarer Exploration Corp. operated has separate segments of the business. As such, the Company has presented the income (loss) from operations during the six month period ended June 30, 2020 and 2019 incurred by the two separate segments below. Substantially all of the assets held by the Company are for its shipwreck exploration and recovery business. All proceeds received from sales of common stock and issuance of convertible notes payable and notes payable are used in the shipwreck and exploration recovery business. Blockchain LogisTech, LLC’s revenue of $4,200 was 100% of the consolidated revenue of Seafarer. Segment information relating to the Company’s two operating segments for the six month period ended June 30, 2020 is as follows: June 30, 2020 June 30, 2020 June 30, 2020 Blockchain LogisTech, LLC Seafarer Exploration Corp. Consolidated Service revenues $4,200 $0 $4,200 Total operating expenses 10,856 1,176,103 1,186,959 Net loss from operations ($6,656) ($1,176,103) ($1,182,759) Segment information relating to the Company’s two operating segments for the six month period ended June 30, 2019 is as follows: June 30, 2019 June 30, 2019 June 30, 2019 Blockchain LogisTech, LLC Seafarer Exploration Corp. Consolidated Service revenues $3,500 $0 $3,500 Total operating expenses 0 857,858 857,858 Net loss from operations $3,500 ($857,858) ($854,358)

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	NOTE 11 – SUBSEQUENT EVENTS Subsequent to June 30, 2020, the Company issued or has agreed to issue shares of its common stock as follows: (i) 57,200,000 shares of restricted common stock issued under subscription agreements for proceeds of approximately $200,200 to be used for general corporate purposes, working capital and repayment of debt; and (ii) 19,026,204 shares of restricted common stock were issued for services. Subsequent to June 30, 2020, the Company entered into an amended lease agreement for its corporate offices that commenced on July 1, 2020 and lating through July 31, 2023 with base month rents of $1,475 from July 1, 2020 to June 30, 2021, $1,519 from July 1, 2021 to June 30, 2022, $1,564 from July 1, 2022 to June 30, 2023 and $1,611 from July 1, 2023 to July 31, 2024. Under the terms of the lease there may be additional fees charged above the base monthly rental fee.

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements of the Company include the accounts of the Company and Blockchain LogisTech, LLC, which is a wholly owned subsidiary. Intercompany accounts and transactions have been eliminated in consolidation.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statements of cash flows, the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or less to be cash equivalents. There were no cash equivalents at June 30, 2020 and December 31, 2019. Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits.
Research and Development Expenses	Research and Development Expenses Expenditures for research and development are expensed as incurred. The Company incurred research and development expenses of $278,309 and $0 respectively, for the six months ended June 30, 2020 and 2019 and$122,883 and $0 respectively, for the three months ended June 30, 2020 and 2019.
Revenue Recognition	Revenue Recognition Effective January 1, 2018, the Company adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 606, “ Revenue from Contracts with Customers The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The Company recognizes revenue from the referrals that Blockchain LogisTech, LLC has made to a provider of software services when payment for a referral is received from the provider of software services. Seafarer has not generated any revenues to date from its core historic and shipwreck recovery operations and at this point in time is unable to determine how revenue will be recognized due to a lack of visibility as to how the Company will be compensated for its services.
Earnings Per Share	Earnings Per Share The Company has adopted FASB ASC 260-10 which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of an entity. The potentially dilutive common stock equivalents for the six months ended June 30, 2020 and 2019 were excluded from the dilutive loss per share calculation as they would be antidilutive due to the net loss. As of June 30, 2020 and 2019, there were 603,690,191 and 553,309,220 shares of common stock underlying our outstanding convertible notes payable and warrants, respectively.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amounts of financial assets and liabilities, such as cash and cash equivalents, receivables, accounts payable, notes payable and other payables, approximate their fair values because of the short maturity of these instruments.
Property and Equipment	Property and Equipment Fixed assets are recorded at historical cost. Depreciation is computed on the straight-line method over the estimated useful lives of the respective assets. During the year ended December 31, 2019, the Company purchased a vessel with an estimated useful life of ten years. As of June 30, 2020, this is the only capital asset owned by the Company. Depreciation expense was $10,030 and $0 respectively, for six month periods ended June 30, 2020 and 2019 and $5,015 and $0 respectively, for three month periods ended June 30, 2020 and 2019.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets In accordance with ASC 360-10, the Company, on a regular basis, reviews the carrying amount of long-lived assets for the existence of facts or circumstances, both internally and externally, that suggest impairment. The Company determines if the carrying amount of a long-lived asset is impaired based on anticipated undiscounted cash flows, before interest, from the use of the asset. In the event of impairment, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the asset. Fair value is determined based on appraised value of the assets or the anticipated cash flows from the use of the asset, discounted at a rate commensurate with the risk involved. There were no impairment charges recorded during the six month periods ended June 30, 2020 and 2019.
Use of Estimates	Use of Estimates The process of preparing consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions regarding certain types of assets, liabilities, revenues, and expenses. Significant estimates for the six month periods ended June 30, 2020 and 2019 include useful life of property and equipment, valuation allowances against deferred tax assets and fair value of non cash equity transactions.
Segment Information	Segment Information Beginning in 2019, Seafarer’s wholly owned subsidiary, Blockchain LogisTech, LLC began operations, generated revenue and incurred expenses. The business of Blockchain LogisTech, LLC has no relation to the Company’s shipwreck exploration and recovery operations other than common ownership. As such, the Company concluded that the operations of Blockchain LogisTech, LLC and Seafarer were separate reportable segments (see Note 10).
Convertible Notes Payable	Convertible Notes Payable The Company accounts for convertible notes deemed conventional and conversion options embedded in non-conventional convertible notes which qualify as equity under ASC 815, in accordance with the provisions of ASC 470-20, which provides guidance on accounting for convertible securities with beneficial conversion features. ASC 470-10 addresses classification determination for specific obligations, such as short-term obligations expected to be refinanced on a long-term basis, due-on-demand loan arrangements, callable debt, sales of future revenue, increasing rate debt, debt that includes covenants, revolving credit agreements subject to lock-box arrangements and subjective acceleration clauses, and indexed debt. Accordingly, the Company records, as a discount to convertible notes, the intrinsic value of such conversion options based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt.
Stock Based Compensation	Stock Based Compensation The Company applies the fair value method of FASB ASC 718, “ Share Based Payment Fully vested and non-forfeitable shares issued prior to the services being performed are classified as prepaid expenses.
Leases	Leases In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases On January 1, 2019, the Company adopted ASU No. 2016-02, applying the package of practical expedients to leases that commenced before the effective date whereby the Company elected to not reassess the following: (i) whether any expired or existing contracts contain leases and; (ii) initial direct costs for any existing leases. For contracts entered into on or after the effective date, at the inception of a contract the Company assessed whether the contract is, or contains, a lease. The Company’s assessment is based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether it has the right to direct the use of the asset. The Company will allocate the consideration in the contract to each lease component based on its relative stand-alone price to determine the lease payments. Operating lease right of use (“ROU”) assets represents the right to use the leased asset for the lease term and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most leases do not provide an implicit rate, the Company uses an incremental borrowing rate based on the information available at the adoption date in determining the present value of future payments. Lease expense for minimum lease payments is amortized on a straight-line basis over the lease term and is presented on the statements of operations. As permitted under the new guidance, the Company has made an accounting policy election not to apply the recognition provisions of the new guidance to short term leases (leases with a lease term of twelve months or less that do not include an option to purchase the underlying asset that the lessee is reasonably certain to exercise); instead, the Company will recognize the lease payments for short term leases on a straight-line basis over the lease term.
Recent Accounting Pronouncements	Recent Accounting Pronouncements All other recent accounting pronouncements issued by the FASB, did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Operating Lease Right-Of-Use _2

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities (Tables)	6 Months Ended
	Jun. 30, 2020
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Schedule of right-of- use assets	Right-of-use assets at June 30, 2020 are summarized below: June 30, 2020 (Unaudited) Office lease (remaining lease term of 3 months) $ 22,575 Less accumulated amortization (22,575 ) Right-of-use assets, net $ - Right-of-use assets at December 31, 2019 are summarized below: December 31, 2019 Office lease (remaining lease term of 12 months) $ 22,575 Less accumulated amortization (14,574 ) Right-of-use assets, net $ 8,001
Schedule of operating lease liabilities	Operating Lease liabilities are summarized below: June 30, 2020 (Unaudited) Office lease $ - Less: current portion - Long term portion $ - Operating Lease liabilities are summarized below: December 31, 2019 Office lease $ 8,079 Less: current portion (8,079 ) Long term portion $ -
Maturity of lease liabilities	Maturity of lease liabilities are as follows: Six month period ended June 30, 2020 $ - Less: Present value discount - Lease liability $ - Maturity of lease liabilities are as follows: Year ending 2020 $ 7,968 Plus: Present value discount 111 Lease liability $ 8,079

Convertible Notes Payable and_2

Convertible Notes Payable and Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Schedule of Convertible Notes Payable	he following tables reflect the convertible notes payable at June 30, 2020 and December 31, 2019: Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable 09/04/19 03/04/20 $ - $ 25,000 6.00% 0.00300 09/04/19 03/04/20 - 26,000 6.00% 0.00300 Face value - 51,000 Less unamortized discounts - 17,935 Balance convertible notes payable $ - $ 33,065 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - related parties 09/17/19 04/17/20 $ - $ 12,000 6.00% 0.00300 11/12/19 05/12/20 - 25,000 6.00% 0.00250 11/26/19 05/26/20 - 25,200 6.00% 0.00300 12/03/19 06/03/20 - 15,000 6.00% 0.00300 Face value - 77,200 Less unamortized discounts - 57,413 Balance convertible notes payable - related parties $ - $ 19,787 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - in default 08/28/09 11/01/09 $ 4,300 $ 4,300 10.00% 0.01500 11/20/12 05/20/13 50,000 50,000 6.00% 0.00500 01/19/13 07/30/13 5,000 5,000 6.00% 0.00400 02/11/13 08/11/13 9,000 9,000 6.00% 0.00600 09/25/13 03/25/14 10,000 10,000 6.00% 0.01250 10/04/13 04/04/14 50,000 50,000 6.00% 0.01250 10/30/13 10/30/14 50,000 50,000 6.00% 0.01250 05/15/14 11/15/14 40,000 40,000 6.00% 0.00700 10/13/14 04/13/15 -   25,000 6.00% 0.00500 09/18/15 03/18/16 25,000 25,000 6.00% 0.00200 04/04/16 10/04/16 10,000 10,000 6.00% 0.00100 07/19/16 07/19/17 4,000 4,000 6.00% 0.00150 08/24/16 02/24/17 - 20,000 6.00% 0.00100 03/06/18 09/06/18 6,000 6,000 6.00% 0.00060 02/06/18 11/07/18 6,000 6,000 6.00% 0.00060 10/29/18 04/29/19 3,000 3,000 6.00% 0.00070 01/03/19 07/03/19 1,000 1,000 6.00% 0.00100 03/16/19 09/16/19 10,000 10,000 6.00% 0.00100 09/04/19 03/04/20 25,000 - 6.00% 0.00300 Balance convertible notes payable - in default $ 308,300 $ 328,300 Issue Date Maturity June 30, 2020 December 30, Rate Conversion Principal Principal Convertible notes payable - related parties, in default 01/09/09 01/09/10 $ 10,000 $ 10,000 10.00% 0.01500 01/25/10 01/25/11 6,000 6,000 6.00% 0.00500 01/18/12 07/18/12 50,000 50,000 8.00% 0.00400 01/19/13 07/30/13 15,000 15,000 6.00% 0.00400 07/26/13 01/26/14 10,000 10,000 6.00% 0.01000 01/17/14 07/17/14 31,500 31,500 6.00% 0.00600 05/27/14 11/27/14 7,000 7,000 6.00% 0.00700 07/21/14 01/25/15 17,000 17,000 6.00% 0.00800 10/16/14 04/16/15 21,000 21,000 6.00% 0.00450 07/14/15 01/14/16 9,000 9,000 6.00% 0.00300 01/12/16 07/12/16 5,000 5,000 6.00% 0.00200 05/10/16 11/10/16 5,000 5,000 6.00% 0.00050 05/10/16 11/10/16 5,000 5,000 6.00% 0.00050 05/20/16 11/20/16 5,000 5,000 6.00% 0.00050 07/12/16 01/12/17 2,400 2,400 6.00% 0.00060 01/26/17 03/12/17 5,000 5,000 6.00% 0.00050 02/14/17 08/14/17 25,000 25,000 6.00% 0.00075 08/16/17 09/16/17 3,000 3,000 6.00% 0.00080 03/14/18 05/14/18 25,000 25,000 6.00% 0.00070 04/04/18 06/04/18 3,000 3,000 6.00% 0.00070 04/11/18 06/11/18 25,000 25,000 6.00% 0.00070 05/08/18 07/08/18 25,000 25,000 6.00% 0.00070 05/30/18 08/30/18 25,000 25,000 6.00% 0.00070 06/12/18 09/12/18 3,000 3,000 6.00% 0.00070 06/20/18 09/12/18 500 500 6.00% 0.00070 01/09/18 01/09/19 12,000 12,000 6.00% 0.00060 08/27/18 02/27/19 2,000 2,000 6.00% 0.00070 10/02/18 04/02/19 1,000 1,000 6.00% 0.00080 10/23/18 04/23/19 4,200 4,200 6.00% 0.00070 11/07/18 05/07/19 2,000 2,000 6.00% 0.00080 11/14/18 05/14/19 8,000 8,000 6.00% 0.00080 01/08/19 07/08/19 7,000 7,000 6.00% 0.00080 04/25/19 12/23/19 20,000 20,000 6.00% 0.00400 06/07/19 12/07/19 5,100 5,100 6.00% 0.00300 09/17/19 04/17/20 12,000 - 6.00% 0.00250 11/12/19 05/12/20 25,000 - 6.00% 0.00300 11/26/19 05/26/20 25,200 - 6.00% 0.00300 12/03/19 06/03/20 15,000 - 6.00% 0.00300 01/07/20 06/20/20 51,000 - 6.00% 0.00300 Balance convertible notes payable - related parties, in default $ 527,900 $ 399,700 Balance all convertible notes payable $ 836,200 $ 780,852
Schedule of Notes Payable	The following tables reflect the notes payable at June 30, 2020 and December 31, 2019: Issue Date Maturity June 30, 2020 December 30, Rate Principal Principal Notes payable - in default 04/27/11 04/27/12 $ 5,000 $ 5,000 6.00% 12/14/17 12/14/18 35,000 65,000 6.00% 11/29/17 11/29/19 105,000 105,000 2.06% Balance notes payable - default $ 145,000 $ 175,000 Issue Date Maturity June 30, 2020 December 30, Rate Principal Principal Notes payable - related parties, in default 02/24/10 02/24/11 $ 7,500 $ 7,500 6.00% 10/06/15 11/15/15 10,000 10,000 6.00% 02/08/18 04/09/18 1,000 1,000 6.00% Balance notes payable - related parties, in default $ 18,500 $ 18,500 Balance all notes payable $ 163,500 $ 193,500

Stockholders' Deficit (Tables)

Stockholders' Deficit (Tables)	6 Months Ended
	Jun. 30, 2020
Capital Stock
Warrants and Options	The following table shows the warrants outstanding at June 30, 2020: Number of Shares Term June 30, 2020 Exercise Price 11/10/12 to 11/20/22 4,000,000 0.0050 09/18/15 to 09/18/20 4,000,000 0.0030 8,000,000

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Segment Information Tables Abstract
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Segment information relating to the Company’s two operating segments for the six month period ended June 30, 2020 is as follows: June 30, 2020 June 30, 2020 June 30, 2020 Blockchain LogisTech, LLC Seafarer Exploration Corp. Consolidated Service revenues $4,200 $0 $4,200 Total operating expenses 10,856 1,176,103 1,186,959 Net loss from operations ($6,656) ($1,176,103) ($1,182,759) Segment information relating to the Company’s two operating segments for the six month period ended June 30, 2019 is as follows: June 30, 2019 June 30, 2019 June 30, 2019 Blockchain LogisTech, LLC Seafarer Exploration Corp. Consolidated Service revenues $3,500 $0 $3,500 Total operating expenses 0 857,858 857,858 Net loss from operations $3,500 ($857,858) ($854,358)

Going Concern (Details Narrativ

Going Concern (Details Narrative)	Dec. 31, 2019USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 1,156,060

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accounting Policies [Abstract]
Outstanding convertible note payable	603,690,191	603,690,191	603,690,191	603,690,191
Outstanding warrants	553,309,220	553,309,220	553,309,220	553,309,220
Research and development	$ 122,883		$ 278,309
Depreciation Expense	$ 5,015		$ 10,030

Operating Lease Right-Of-Use _3

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Office lease (remaining lease term)	$ 22,575	$ 22,575
Less accumulated amortization	(22,575)	(14,574)
Right-of-use assets, net		$ 8,001

Operating Lease Right-Of-Use _4

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities (Details 2) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Office lease		$ 8,079
Less: current portion		(8,079)
Long term portion

Operating Lease Right-Of-Use _5

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities (Details 3) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Operating Lease And Right-of-use Assets And Operating Lease Liabilities
Period ending		$ 7,968
Plus: Present value discount		111
Lease liability		$ 8,079

Operating Lease Right-Of-Use _6

Operating Lease Right-Of-Use Assets and Operating Lease Liabilities (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accounting Policies [Abstract]
Operating lease expense	$ 3,945	$ 0	$ 7,890	$ 0

Convertible Notes Payable and_3

Convertible Notes Payable and Notes Payable (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Convertible notes payable		$ 33,065
Less: Unamortized discounts, Convertible Notes - Related Parties	0	57,413
Convertible Notes Payable - Related Parties		19,787
Convertible Notes Payable - In Default[Member]
Convertible notes payable, Face Value	$ 308,300	$ 328,300
Convertible Notes Payable - In Default[Member] | August 28, 2009
Convertible notes payble, Maturity Date	Nov. 1, 2009	Nov. 1, 2009
Convertible notes payable, Face Value	$ 4,300	$ 4,300
Convertible notes payeble Rate	10.00%	10.00%
Convertible notes payable, Conversion Price	$ 0.0150	$ 0.0150
Convertible Notes Payable - In Default[Member] | November 20, 2012
Convertible notes payble, Maturity Date	May 20, 2013	May 20, 2013
Convertible notes payable, Face Value	$ 50,000	$ 50,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0050	$ 0.0050
Convertible Notes Payable - In Default[Member] | January 19, 2013
Convertible notes payble, Maturity Date	Jul. 30, 2013	Jul. 30, 2013
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0040	$ 0.0040
Convertible Notes Payable - In Default[Member] | February 11, 2013
Convertible notes payble, Maturity Date	Aug. 11, 2013	Aug. 11, 2013
Convertible notes payable, Face Value	$ 9,000	$ 9,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0060	$ 0.0060
Convertible Notes Payable - In Default[Member] | September 25, 2013
Convertible notes payble, Maturity Date	Mar. 25, 2014	Mar. 25, 2014
Convertible notes payable, Face Value	$ 10,000	$ 10,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0125	$ 0.0125
Convertible Notes Payable - In Default[Member] | October 04, 2013
Convertible notes payble, Maturity Date	Apr. 4, 2014	Apr. 4, 2014
Convertible notes payable, Face Value	$ 50,000	$ 50,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0125	$ 0.0125
Convertible Notes Payable - In Default[Member] | October 30, 2013
Convertible notes payble, Maturity Date	Oct. 30, 2014	Oct. 30, 2014
Convertible notes payable, Face Value	$ 50,000	$ 50,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0125	$ 0.0125
Convertible Notes Payable - In Default[Member] | May 15, 2014
Convertible notes payble, Maturity Date	Nov. 15, 2014	Nov. 15, 2014
Convertible notes payable, Face Value	$ 40,000	$ 40,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0070	$ 0.0070
Convertible Notes Payable - In Default[Member] | September 18, 2015
Convertible notes payble, Maturity Date	Mar. 18, 2016	Mar. 18, 2016
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0020	$ 0.0020
Convertible Notes Payable - In Default[Member] | April 04, 2016
Convertible notes payble, Maturity Date	Oct. 4, 2016	Oct. 4, 2016
Convertible notes payable, Face Value	$ 10,000	$ 10,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0010	$ 0.0010
Convertible Notes Payable - In Default[Member] | July 19, 2016
Convertible notes payble, Maturity Date	Jul. 19, 2017	Jul. 19, 2017
Convertible notes payable, Face Value	$ 4,000	$ 4,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0015	$ 0.0015
Convertible Notes Payable - In Default[Member] | March 06, 2018
Convertible notes payble, Maturity Date	Sep. 6, 2018	Sep. 6, 2018
Convertible notes payable, Face Value	$ 6,000	$ 6,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0006	$ 0.0006
Convertible Notes Payable - In Default[Member] | Februrary 06, 2018
Convertible notes payble, Maturity Date	Nov. 7, 2018	Nov. 7, 2018
Convertible notes payable, Face Value	$ 6,000	$ 6,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0006	$ 0.0006
Convertible Notes Payable - In Default[Member] | October 29, 2018
Convertible notes payble, Maturity Date	Apr. 29, 2019	Apr. 29, 2019
Convertible notes payable, Face Value	$ 3,000	$ 3,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - In Default[Member] | January 03, 2019
Convertible notes payble, Maturity Date	Jul. 3, 2019	Jul. 3, 2019
Convertible notes payable, Face Value	$ 1,000	$ 1,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0010	$ 0.0010
Convertible Notes Payable - In Default[Member] | March 16, 2019
Convertible notes payble, Maturity Date	Sep. 16, 2019	Sep. 16, 2019
Convertible notes payable, Face Value	$ 10,000	$ 10,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0010	$ 0.0010
Convertible Notes Payable - In Default[Member] | September 04, 2019
Convertible notes payble, Maturity Date	Mar. 4, 2020
Convertible notes payable, Face Value	$ 25,000
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0030
Convertible Notes Payable - In Default[Member] | October 13, 2014
Convertible notes payble, Maturity Date		Apr. 13, 2015
Convertible notes payable, Face Value		$ 25,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0050
Convertible Notes Payable - In Default[Member] | August 24, 2016
Convertible notes payble, Maturity Date		Feb. 24, 2017
Convertible notes payable, Face Value		$ 20,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0010
Convertible Notes Payable - Related Parties, in Default[Member]
Convertible notes payable, Face Value	$ 527,900	$ 399,700
Convertible Notes Payable - Related Parties, in Default[Member] | January 19, 2013
Convertible notes payble, Maturity Date	Jul. 30, 2013	Jul. 30, 2013
Convertible notes payable, Face Value	$ 15,000	$ 15,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0040	$ 0.0040
Convertible Notes Payable - Related Parties, in Default[Member] | January 09, 2009
Convertible notes payble, Maturity Date	Jan. 9, 2010	Jan. 9, 2010
Convertible notes payable, Face Value	$ 10,000	$ 10,000
Convertible notes payeble Rate	10.00%	10.00%
Convertible notes payable, Conversion Price	$ 0.0150	$ 0.0150
Convertible Notes Payable - Related Parties, in Default[Member] | January 25, 2010
Convertible notes payble, Maturity Date	Jan. 25, 2011	Jan. 25, 2011
Convertible notes payable, Face Value	$ 6,000	$ 6,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0050	$ 0.0050
Convertible Notes Payable - Related Parties, in Default[Member] | January 18, 2012
Convertible notes payble, Maturity Date	Jul. 18, 2012	Jul. 18, 2012
Convertible notes payable, Face Value	$ 50,000	$ 50,000
Convertible notes payeble Rate	8.00%	8.00%
Convertible notes payable, Conversion Price	$ 0.0040	$ 0.0040
Convertible Notes Payable - Related Parties, in Default[Member] | July 26, 2016
Convertible notes payble, Maturity Date	Jan. 26, 2014	Jan. 26, 2014
Convertible notes payable, Face Value	$ 10,000	$ 10,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0100	$ 0.0100
Convertible Notes Payable - Related Parties, in Default[Member] | January 17, 2014
Convertible notes payble, Maturity Date	Jul. 17, 2014	Jul. 17, 2014
Convertible notes payable, Face Value	$ 31,500	$ 31,500
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0060	$ 0.0060
Convertible Notes Payable - Related Parties, in Default[Member] | May 27, 2014
Convertible notes payble, Maturity Date	Nov. 27, 2014	Nov. 27, 2014
Convertible notes payable, Face Value	$ 7,000	$ 7,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0070	$ 0.0070
Convertible Notes Payable - Related Parties, in Default[Member] | July 21, 2014
Convertible notes payble, Maturity Date	Jan. 25, 2015	Jan. 25, 2015
Convertible notes payable, Face Value	$ 17,000	$ 17,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0080	$ 0.0080
Convertible Notes Payable - Related Parties, in Default[Member] | October 16, 2014
Convertible notes payble, Maturity Date	Apr. 16, 2015	Apr. 16, 2015
Convertible notes payable, Face Value	$ 21,000	$ 21,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0045	$ 0.0045
Convertible Notes Payable - Related Parties, in Default[Member] | July 14, 2015
Convertible notes payble, Maturity Date	Jan. 14, 2016	Jan. 14, 2016
Convertible notes payable, Face Value	$ 9,000	$ 9,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0030	$ 0.0030
Convertible Notes Payable - Related Parties, in Default[Member] | January 12, 2016
Convertible notes payble, Maturity Date	Jul. 12, 2016	Jul. 12, 2016
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0020	$ 0.0020
Convertible Notes Payable - Related Parties, in Default[Member] | May 10, 2016
Convertible notes payble, Maturity Date	Nov. 10, 2016	Nov. 10, 2016
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0005	$ 0.0005
Convertible Notes Payable - Related Parties, in Default[Member] | May 10, 2016
Convertible notes payble, Maturity Date	Nov. 10, 2016	Nov. 10, 2016
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0005	$ 0.0005
Convertible Notes Payable - Related Parties, in Default[Member] | May 20, 2016
Convertible notes payble, Maturity Date	Nov. 20, 2016	Nov. 20, 2016
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0005	$ 0.0005
Convertible Notes Payable - Related Parties, in Default[Member] | July 12, 2016
Convertible notes payble, Maturity Date	Jan. 12, 2017	Jan. 12, 2017
Convertible notes payable, Face Value	$ 2,400	$ 2,400
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0006	$ 0.0006
Convertible Notes Payable - Related Parties, in Default[Member] | January 26, 2017
Convertible notes payble, Maturity Date	Mar. 12, 2017	Mar. 12, 2017
Convertible notes payable, Face Value	$ 5,000	$ 5,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0005	$ 0.0005
Convertible Notes Payable - Related Parties, in Default[Member] | Februrary 14, 2017
Convertible notes payble, Maturity Date	Aug. 14, 2017	Aug. 14, 2017
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | August 16, 2017
Convertible notes payble, Maturity Date	Sep. 16, 2017	Sep. 16, 2017
Convertible notes payable, Face Value	$ 3,000	$ 3,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | March 14, 2018
Convertible notes payble, Maturity Date	May 14, 2018	May 14, 2018
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | April 04, 2018
Convertible notes payble, Maturity Date	Jun. 4, 2018	Jun. 4, 2018
Convertible notes payable, Face Value	$ 3,000	$ 3,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | April 11, 2018
Convertible notes payble, Maturity Date	Jun. 11, 2018	Jun. 11, 2018
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | May 05, 2018
Convertible notes payble, Maturity Date	Jul. 8, 2018	Jul. 8, 2018
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | May 30, 2018
Convertible notes payble, Maturity Date	Aug. 30, 2018	Aug. 30, 2018
Convertible notes payable, Face Value	$ 25,000	$ 25,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | June 12, 2018
Convertible notes payble, Maturity Date	Sep. 12, 2018	Sep. 12, 2018
Convertible notes payable, Face Value	$ 3,000	$ 3,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | June 20, 2018
Convertible notes payble, Maturity Date	Sep. 12, 2018	Sep. 12, 2018
Convertible notes payable, Face Value	$ 500	$ 500
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | January 09, 2018
Convertible notes payble, Maturity Date	Jan. 9, 2019	Jan. 9, 2019
Convertible notes payable, Face Value	$ 12,000	$ 12,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0006	$ 0.0006
Convertible Notes Payable - Related Parties, in Default[Member] | August 27, 2018
Convertible notes payble, Maturity Date	Feb. 27, 2019	Feb. 27, 2019
Convertible notes payable, Face Value	$ 2,000	$ 2,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | October 02, 2018
Convertible notes payble, Maturity Date	Apr. 2, 2019	Apr. 2, 2019
Convertible notes payable, Face Value	$ 1,000	$ 1,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | October 23, 2018
Convertible notes payble, Maturity Date	Apr. 23, 2019	Apr. 23, 2019
Convertible notes payable, Face Value	$ 4,200	$ 4,200
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0007	$ 0.0007
Convertible Notes Payable - Related Parties, in Default[Member] | November 07, 2018
Convertible notes payble, Maturity Date	May 7, 2019	May 7, 2019
Convertible notes payable, Face Value	$ 2,000	$ 2,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | November 14, 2018
Convertible notes payble, Maturity Date	May 14, 2019	May 14, 2019
Convertible notes payable, Face Value	$ 8,000	$ 8,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | January 08, 2019
Convertible notes payble, Maturity Date	Jul. 8, 2019	Jul. 8, 2019
Convertible notes payable, Face Value	$ 7,000	$ 7,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0008	$ 0.0008
Convertible Notes Payable - Related Parties, in Default[Member] | April 25, 2019
Convertible notes payble, Maturity Date	Dec. 23, 2019	Dec. 23, 2019
Convertible notes payable, Face Value	$ 20,000	$ 20,000
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0040	$ 0.0040
Convertible Notes Payable - Related Parties, in Default[Member] | June 07, 2019
Convertible notes payble, Maturity Date	Dec. 7, 2019	Dec. 7, 2019
Convertible notes payable, Face Value	$ 5,100	$ 5,100
Convertible notes payeble Rate	6.00%	6.00%
Convertible notes payable, Conversion Price	$ 0.0030	$ 0.0030
Convertible Notes Payable - Related Parties, in Default[Member] | September 17, 2019
Convertible notes payble, Maturity Date	Apr. 17, 2020
Convertible notes payable, Face Value	$ 12,000
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0025
Convertible Notes Payable - Related Parties, in Default[Member] | November 12, 2019
Convertible notes payble, Maturity Date	May 12, 2020
Convertible notes payable, Face Value	$ 25,000
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0030
Convertible Notes Payable - Related Parties, in Default[Member] | November 26, 2019
Convertible notes payble, Maturity Date	May 26, 2020
Convertible notes payable, Face Value	$ 25,200
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0030
Convertible Notes Payable - Related Parties, in Default[Member] | December 03, 2019
Convertible notes payble, Maturity Date	Jun. 3, 2020
Convertible notes payable, Face Value	$ 15,000
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0030
Convertible Notes Payable - Related Parties, in Default[Member] | January 07, 2020
Convertible notes payble, Maturity Date	Jun. 20, 2020
Convertible notes payable, Face Value	$ 51,000
Convertible notes payeble Rate	6.00%
Convertible notes payable, Conversion Price	$ 0.0030
Convertible Notes Payable [Member]
Convertible notes payable, Face Value		$ 51,000
Less: Unamortized discounts, Convertible Notes		17,935
Convertible notes payable		$ 33,065
Convertible Notes Payable [Member] | September 04, 2019
Convertible notes payble, Maturity Date		Mar. 4, 2020
Convertible notes payable, Face Value		$ 25,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0030
Convertible Notes Payable [Member] | September 4, 2019
Convertible notes payble, Maturity Date		Mar. 4, 2020
Convertible notes payable, Face Value		$ 26,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0030
Convertible Notes Payable - Related Parties [Member]
Convertible notes payable, Face Value		$ 77,200
Less: Unamortized discounts, Convertible Notes - Related Parties		57,413
Convertible Notes Payable - Related Parties		$ 19,787
Convertible Notes Payable - Related Parties [Member] | September 17, 2019
Convertible notes payble, Maturity Date		Apr. 17, 2020
Convertible notes payable, Face Value		$ 12,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0030
Convertible Notes Payable - Related Parties [Member] | November 12, 2019
Convertible notes payble, Maturity Date		May 12, 2020
Convertible notes payable, Face Value		$ 25,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0025
Convertible Notes Payable - Related Parties [Member] | November 26, 2019
Convertible notes payble, Maturity Date		May 26, 2020
Convertible notes payable, Face Value		$ 25,200
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0030
Convertible Notes Payable - Related Parties [Member] | December 03, 2019
Convertible notes payble, Maturity Date		Jun. 3, 2020
Convertible notes payable, Face Value		$ 15,000
Convertible notes payeble Rate		6.00%
Convertible notes payable, Conversion Price		$ 0.0030

Convertible Notes Payable and_4

Convertible Notes Payable and Notes Payable (Details 2) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Notes Payable, Default [Member]
Notes payable, Face Value	$ 145,000	$ 175,000
Notes Payable, Default [Member] | April 27, 2011
Notes payble, Maturity Date	Apr. 27, 2012	Apr. 27, 2012
Notes payable, Face Value	$ 5,000	$ 5,000
Notes payable, Rate	6.00%	6.00%
Notes Payable, Default [Member] | December 14, 2017
Notes payble, Maturity Date	Dec. 14, 2018	Dec. 14, 2018
Notes payable, Face Value	$ 35,000	$ 65,000
Notes payable, Rate	6.00%	6.00%
Notes Payable, Default [Member] | November 29, 2017
Notes payble, Maturity Date	Nov. 29, 2019	Nov. 29, 2019
Notes payable, Face Value	$ 105,000	$ 105,000
Notes payable, Rate	2.06%	2.06%
Notes Payable, Related Parties in Default [Member]
Notes payable, Face Value	$ 18,500	$ 18,500
Notes Payable, Related Parties in Default [Member] | Feburary 24, 2010
Notes payble, Maturity Date	Feb. 24, 2011	Feb. 24, 2011
Notes payable, Face Value	$ 7,500	$ 7,500
Notes payable, Rate	6.00%	6.00%
Notes Payable, Related Parties in Default [Member] | June 06, 2015
Notes payble, Maturity Date	Nov. 15, 2015	Nov. 15, 2015
Notes payable, Face Value	$ 10,000	$ 10,000
Notes payable, Rate	6.00%	6.00%
Notes Payable, Related Parties in Default [Member] | Februrary 08, 2018
Notes payble, Maturity Date	Apr. 9, 2018	Apr. 9, 2018
Notes payable, Face Value	$ 1,000	$ 1,000
Notes payable, Rate	6.00%	6.00%

Stockholders' Deficit (Details

Stockholders' Deficit (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Feb. 10, 2014
Common stock, shares authorized	9,900,000,000		9,900,000,000
Common stock, par value	$ 0.0001		$ 0.0001
Authorized preferred shares	50,000,000		50,000,000
Preferred stock, shares issued	67		67
Preferred Stock, shares outstanding	67		67
Warrants outstanding			$ 33,000,000
Series A
Preferred stock, shares issued	7		7
Preferred Stock, shares outstanding	7		7
Convertible shares terms	Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock.	Each share of Series A preferred stock has the right to convert into 214,289 shares of the Company’s common stock.
Series B
Authorized preferred shares				50,000,000
Preferred stock, shares issued	60		60
Preferred Stock, shares outstanding	60		60
Convertible shares terms	On February 10, 2014, the Board of Directors of the Company under the authority granted under Article V of the Articles of Incorporation, defined and created a new preferred series of shares from the 50,000,000 authorized preferred shares. Pursuant to Article V, the Board of Directors has the power to designate such shares and all powers and matters concerning such shares.

Stockholders' Deficit (Details)

Stockholders' Deficit (Details)	Jun. 30, 2020$ / sharesshares
Warrants issued	8,000,000
November 10, 2012 to November 20, 2022
Warrants issued	4,000,000
Warrants, Exercise Price | $ / shares	$ 0.0050
September 18, 2015 to September 18, 2020
Warrants issued	4,000,000
Warrants, Exercise Price | $ / shares	$ 0.0030

Segment Information (Details)

Segment Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Services revenues		$ 3,500	$ 4,200	$ 3,500
Total operating expenses	560,681	532,005	1,186,959	857,858
Net loss from operations	$ (560,681)	$ (528,505)	(1,182,759)	(854,358)
Blockchain LogisTech, LLC [Member]
Services revenues			4,200	3,500
Total operating expenses			10,856	0
Net loss from operations			(6,656)	3,500
Seafarer Exploration Corp. [Member]
Services revenues			0	0
Total operating expenses			1,176,103	857,858
Net loss from operations			$ (1,176,103)	$ (857,858)

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Base monthly rent	$ 9,531	$ 6,689	$ 21,298	$ 19,496
Subsequent Event [Member]
Base monthly rent					$ 1,611	$ 1,564	$ 1,519	$ 1,475