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) {
    uint16_t result = 0;
    for(int i=0;str[i]!='\0';i++){
        result=(result*2)+(str[i]-'0');
    }
    return result;
}

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

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

Solving Approach