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On-chain subscription for monthly payments is a mechanism where recurring payments are managed directly on a blockchain network.


Created At

HackFS 2024

Project Description

It allows users to subscribe to a service or product and make regular payments using cryptocurrencies or tokens. This method leverages the decentralized nature of blockchain to automate and secure payment processes, offering benefits such as transparency, immutability, and reduced transaction costs.

How it's Made

On-chain subscription for monthly payments utilizes Solidity smart contracts on the Ethereum blockchain. It provides users with greater control over their subscriptions and eliminates the need for intermediaries, leading to increased efficiency and trust in subscription-based services.

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