The tontine menu allows people of the same circle to create a tontine in the form of a “Cloud” in the Sara Money application. Any member can distinguish and recognise other members by identifying who is a member of the executive (“Administrator”). It is possible for all members to contribute via the application.
The payment of the kitty to the designated beneficiary is initiated by one of the administrators and validated by all administrators so that the beneficiary can collect of his or her funds.
Every member of the tontine can track the contributions of other members and all members of the board can track contributions.
