Ethereum Introduces ERC-8004 to Enhance On-Chain Permission Management
A new Ethereum token standard, ERC-8004, has been proposed, introducing a flexible permission model for on-chain behavior.
The standard is designed to give developers greater control over how smart contracts and accounts interact on the network.
ERC-8004 enables programmable permissions, allowing actions such as transfers, contract calls, or spending limits to be defined, restricted, or delegated on-chain.
This approach aims to improve security, composability, and user experience, particularly for wallets, DeFi protocols, and enterprise use cases.
Market observers note that ERC-8004 could support more granular access control across Ethereum applications, potentially reducing risk from unauthorized actions while enabling advanced account abstraction and automation scenarios.
