Blockchain increases trust, security, transparency, and the traceability of data shared across a business network — and delivers cost savings with new efficiencies
https://www.ibm.com/au-en/topics/benefits-of-blockchain
Benefits of smart contractsOnce a condition is met, the contract is executed immediately. Because smart contracts are digital and automated, there's no paperwork to process and no time spent reconciling errors that often result from manually filling in documents.
https://www.ibm.com/au-en/topics/smart-contracts