A Review of Smart Contracts Applications in Various Industries: A Procurement Perspective

Table 6

Comparison of smart contract benefits in different industries.

Industry

Benefit

1

2

3

4

5

6

7

8

9

10

11

12

Agriculture

●

●

●

●

●

●

●

●

Business

●

●

●

●

●

●

●

●

Construction & real estate

●

●

●

●

●

Education

●

●

●

●

●

Energy

●

●

●

●

●

●

●

Entertainment

●

●

●

Financial

●

●

●

●

●

●

●

●

●

●

Healthcare

●

●

●

●

●

●

●

●

ICT

●

●

●

●

●

●

●

●

Manufacturing

●

●

Public management

●

●

●

●

●

●

●

●

●

Supply chain

●

●

●

●

●

●

●

●

●

Note: 1 = Trust, 2 = Transparency, 3 = Traceability, 4 = Eliminate or reduce intermediaries, 5 = Secure transaction, 6 = Privacy protection, 7 = Prevent corruption, 8 = Simplify the process, 9 = Reduce costs, 10 = Reduce human error, 11 = Data sharing, 12 = Time-efficient.