Convert Binary String to Integer Without strtol function or Libraries

Code

#include <stdio.h>
#include <stdint.h>

uint16_t binary_to_uint(const char *str) {
    // Your logic here
    uint16_t value = 0;
    while(*str != '\0'){
        value *= 2;
        if(*str == '1'){
            value+=1;
        } 
        str++;
    }
    return value;
}

int main() {
    char bin[20];
    scanf("%s", bin);

    printf("%u", binary_to_uint(bin));
    return 0;
}

Solving Approach