in Cryptocurrency

IBM Secures Patent for ‘Self-Aware Token’ to Record Events of Offline Transactions

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Tech giant IBM (NYSE:) has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction.

A patent document filed with the United States Patent and Trademark Office describes a system, which relates to financial data processing in an electronic currency platform, as well as to processing e-commerce tokens, which have involved offline transactions. To track and record events of offline transactions, the system incorporates a so-called “self-aware token.”

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Source: Cryptocurrency - investing.com

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