In the year of 2022 I discovered that there is a seamless way to settle transactions, create custom contracts and have an automated account management system. After 6 months I ended up creating a smart contract.

In order to make a contract I had to understand tokens and how they work, which lead me into having multiple phone calls with XRP.

The end result was that I embedded a smart contract that into my meta mask wallet that segregates funds into 3 different accounts automatically upon initiation of a transaction instantly.

Acc1: Keeps 20% - Smart contract deployed- Dividing funds 40-40-20- Any commination will work but needs to constitute of a 100% over all allocation in all accounts. E.g: 2-49-49 = 100

Acc2: Receives 40%- As payables to Creditors

Acc 3 Receives 40% - As Receivables

I saw a video of Larry Fink the CEO of Black Rock saying they are starting to transition towards tokenization.

The Main use case for this contract is towards Asset Management and using this tool to experiment how different financial transactions can flow through this is what the next phase of this project will be.

I am currently a happy Banker and work in Wealth Management I am not a stakeholder of any crypto related Business, however as a passion and interest in creating financial solution's to increase the ease of business in the industry of Cryptocurrency Asset Management I produced an end result of an account that manages payouts as per pre determined criteria's on the accounts.

If I want to custodies assets your assets what would I do?

As per norms

Acc 1 can charge the custody fee of 1%

Acc 2 Keeps- 0%

Acc 3: 99% are held in the account

If I want to create a spot transaction what would I do?

Seller initiates the transaction to Acc 1:

Acc 1: Escrow charge .025 including gas fee.

Acc 2: 0

Acc 3: Purchase Account 99.75%

Incase of a loan,

Creditor : Initiates the credit

Acc 1: Holds Crypto token as collateral+ Arrangement fee + 1%

Acc 2: Gets LTV of 74%

Acc 3: Loan settlement account- Close out level 50%