ERC-948

ERC-948 is a new Ethereum token protocol designed exclusively for subscription-based transactions. Blockchain technology is transforming business models where the interaction of both doesn’t seem to end anytime soon. This is where ERC-948 comes in. As more organizations are integrating blockchain technology, blockchain engineers and enthusiasts aim to guarantee that it can be applied to subscription models. After establishing the economic motivation for subscription-capable coins and the lack of a protocol on which tokens can be created at the moment, ERC-948 can be a good opportunity for developers wishing to construct a platform on which businesses may rely on a proven, current economic model.