great, because they cut the middle man, run on a trusted platform, apply logic to the blockchain where already economic assets are running and thus allow peer to peer trade.

an amazing way to create new applications. Those applications run entirely separated from other applications on the platform and allow for logical interactions. They can't access any funds to add an additional layer of trust.

a new way of applying logical operations for banks and big financial institutions. This way they can reduce the staff while operating at increased security.