👉 A payable fluid, often abbreviated as PF, is a type of digital asset designed to facilitate transactions in decentralized applications (dApps) and smart contracts. It represents a token that can be used to pay for goods, services, or transactions within these platforms. Unlike traditional cryptocurrencies that are typically used for direct peer-to-peer transactions, PF is specifically structured to interact with smart contracts, which are self-executing agreements with the terms of the contract directly written into code. This means that when a PF is used to pay for something, the smart contract automatically executes the transaction, often transferring assets or services as agreed upon. Payable fluids are particularly popular in the cryptocurrency and NFT (Non-Fungible Token) ecosystems, providing a secure, transparent, and efficient way to manage payments in decentralized environments.
