Storage Accounts
Storage accounts represent a versatile account type designed to hold balances and serve as custodial accounts for funds. These accounts can be shared among multiple users or entities and can undergo complete ownership changes. The defining feature of storage accounts is their ability to implement custom rules regarding the types of tokens they can receive and who is permitted to deposit into them.
This is achieved through Keeta’s permission system, allowing for fine-grained control over account operations. Storage accounts are particularly useful for scenarios requiring joint fund management, escrow services, or segregated fund storage with specific access controls.
Core Features
Advanced permissions: Set fine-grained rules for who can view, deposit, or withdraw funds.
Multi-entity ownership: Accounts can be shared across people, organizations, or automated systems.
Custom account logic: Enable workflows such as joint approvals, time locks, escrow, or spending limits.
Flexible transferability: Easily change or assign ownership when needed.
How Users Can Leverage Storage Account
The Keeta Network introduces an innovative approach to digital banking by allowing users to utilize a single key pair to open and manage multiple accounts across different banks. This process begins with the user generating a key pair via the Keeta Network, consisting of both a public and private key. The public key serves as a secure identifier that can be shared with various financial institutions.
When a user wishes to open an account with a bank, they simply share their public key. The bank then uses this public key to generate and open a storage account on the Keeta Network specifically for that user. This process can be repeated with multiple banks, all using the same public key. As a result, users can establish and access numerous accounts across various financial institutions without the need to generate and manage multiple sets of cryptographic keys.
This system offers significant advantages in terms of user convenience and security. It simplifies account management for individuals who maintain relationships with multiple banks or financial institutions, while still preserving the high level of security associated with cryptographic key pairs.

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