Chainbills Payables are the missing piece for clean, reliable on-chain payments.
Set an exact amount.
Only that amount can be paid. Nothing more, nothing less.
Why this matters:
1️⃣ No overpayments or underpayments
2️⃣ Every payment is traceable to a specific request
3️⃣ No random wallets sending dust or wrong amounts
4️⃣ Cleaner accounting, better UX, and enterprise-grade control
Payables = Web3 invoices, done right.
Simple. Secure. Structured.
The Chainbills contract allows anyone to create and manage payables.
A payable is an entity that holds balances and can receive payments. A payable can represent a person, a business, a product, a foundation, a subscription, etc... anything identity you want to use for the purpose of receiving funds.
Payable owners can specify if their payables will accept open payments or if they could specify the allowed tokens and amounts of their payables.
Payable owners can also withdraw their funds at any time.
Big problems in crypto include scalability and interoperability.
Blockchains struggle to handle many transactions at once and don’t work well together, causing slow speeds, high fees, and a fragmented ecosystem.
Solving this is key to wider adoption.