It is proven since billions of years, this was the main way nature took care of the CO2 balance in the atmosphere.
It can be done on a very large and global scale; demonstrations can be done on small scale and can be up-scaled infinitely.
It does not require complex, capital- and energy-intensive technologies.
The raw material olivine is abundantly available on all continents and mining sometimes does not require additional or new infrastructure as use can be made of existing nickel, magnesite, or chromite mines.
The process does not result in any harmful byproduct to the contrary.