Problem

The fintech startup company needed to automate the creation of joint savings accounts by building a Solidity smart contract that accepts two user addresses. The smart contract would use ether management functions to implement a financial institution’s requirements for providing the features of the joint savings account.

Solution

We created a Solidity smart contract that accepted two user addresses and allowed them to control a joint savings account. Our team used ether management functions to implement the financial institution’s requirements for providing the features of the joint savings account, such as depositing and withdrawing funds from the account.

Impact

Increased efficiency in creating joint savings accounts
Improved security through blockchain technology
Reduced costs for financial institutions through automation

Team

Team Member #1 - Blockchain Developer
- Built and tested the Solidity smart contract for joint savings accounts
- Implemented ether management functions for depositing and withdrawing funds from the account
Team Member #2 - Project Manager
- Oversaw project timeline and deliverables
- Liaised with stakeholders to ensure project met their requirements and expectations

Automating Joint Savings Accounts with Solidity