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What are the major benefits that smart cards offer consumers?

Smart cards contain unique features that bring many benefits to both consumers and issuing organizations:
 

Feature Benefits
Security • chip is tamper-resistant
• information stored on the card can be PIN code and/or read-write protected
• capable of performing encryption
• each smart card has its own, unique serial number
Intelligence • capable of processing, not just storing information
• Smart cards can communicate with computing devices through a smart card reader
• information and applications on a card can be updated without having to issue new cards
Convenience • chip is tamper-resistant
• Smart cards provide a portable, easy to use form factor that many are familiar with using