ERC-827 is an Ethereum token standard that builds upon the foundation of its predecessors, including ERC-20 and ERC-223, to enhance the capabilities of cryptocurrency tokens. Introduced by Fabian Vogelsteller, this standard empowers token developers with additional functionalities and flexibility.

ERC-827 introduces various advanced features that set it apart from earlier standards. It enables tokens to have complex functionality, allowing for token transfers that involve specific conditions, such as triggering smart contract actions upon transfer. This added functionality enhances the use cases for tokens, making them more versatile in decentralized applications.

ERC-827 tokens offer a higher degree of customization. Developers can tailor tokens to suit specific use cases, allowing for various applications in areas like decentralized finance (DeFi), gaming, and tokenized assets.
Moreover, ERC-827 maintains compatibility with existing Ethereum standards, ensuring that these advanced tokens can work seamlessly with other applications, wallets, and exchanges.