What makes companies from various industries start to implement smart contracts?

Financial gain. Smart contracts are being used quite successfully by many industries. Investment banks alone save up to $12 billion per year by adopting smart contracts that perform actions when pre-defined conditions occur (i.e. if X does Y, then execute Z).

Reliability and security. Repeatedly duplicated contracts are encrypted and stored in the blockchain. The security of the system is guaranteed by mathematical laws and makes it unlikely that hacker attacks will prevail, as well as backdating information is nearly impossible. For example, AssetRush strives to use smart contracts for making secure deals with clients. The use of modern blockchain technology guarantees the execution of the contract by the performer, and the reliable transfer of payments.

Accuracy. By automating and minimizing manual work, the likelihood of errors that often appear when filling out forms during the approval process and during manual execution of various operations under contracts is reduced.

Autonomy. To confirm and execute the transaction, it is not necessary to search for an intermediary in the form of a broker, a bank, a notary, etc.;