Automation: Smart contracts can automatically enforce contractual terms without the need for an intermediary, thus reducing the potential for error.
Transparency: Smart contracts are self-executing and transparent, allowing all parties to see code and contract execution live, thus building trust between parties.
Safety: Smart contracts are stored on a decentralized blockchain network and are as secure and resilient as possible.
Cost: By eliminating middlemen, smart contracts can reduce transaction costs, saving time and money for everyone involved.
Immutability: Once a smart contract is deployed, its terms and execution are irreversible, providing security and protection to all parties.