About Cask Protocol
What is Cask Protocol and how does it work? What are the key features and benefits of Cask Protocol? How can I learn more about Cask Protocol and stay up-to-date?
Cask Protocol is a decentralized non-custodial protocol for managing recurring payment agreements (subscriptions) between a consumer and a provider in addition to generating yield on held funds. Cask provides both consumers and providers greater assurances than traditional recurring payment processing systems. Consumers are not subject to providers being able to charge them whenever and whatever amount as is possible in the current credit card-based system. Providers are assured of instant payment settlement without the risks of chargebacks from consumers. Both of these improvements are made possible by the Cask protocol smart contracts facilitating the recurring payment flow.
