IBM receives patent for "self-aware token" for recording offline transaction events

According to Cointelegraph January 28 news, technology giant IBM has been awarded a patent for the development of a "Self-Aware token," which is designed to record offline transaction events. The patent, issued on January 7 by the United States Patent Office, outlines a ledger-based payment system that makes it easier for individual users, businesses, and governments to track transactions made using cryptocurrencies.