Common applications of Tezos
Here are some of the ways that people use Tezos:
NFTs on Tezos
The rise of non-fungible tokens (NFTs) has become a core arena of activity and growth in the blockchain space, where new communities are growing around artists, musicians, and other creators with the use of blockchain tokens. NFTs allow collectors and fans to hold a piece of content produced by a creator, providing proof of ownership and secure exchanges on the blockchain.
Objkt, FxHash, Teia, DNS.xyz are some of the marketplaces for Tezos art and music NFTs. They allow creators to mint and sell their work in addition to providing a platform for users to collect such works.
Tezos is also being used for other NFT-related projects, such as MoneyTrack, which is a payment platform that uses NFTs to control directed payment flows.
Enterprise and Government Uses of Tezos
Enterprises and regulatory bodies have been adopting Tezos as well.
Tezos is being used by the French Armies and Gendarmerie's Information Center to validate judicial expenses incurred during investigations and record them on Tezos.
In recent years, the concept of Central Bank Digital Currencies (CBDCs) has gained traction, with several countries around the world exploring their own CBDC projects. Société Générale carried out a series of successful tests using Tezos to explore the potential of CBDCs. In September 2020, the bank announced that it had completed a pilot program using a custom-built version of the Tezos blockchain to simulate the issuance and circulation of CBDCs. The pilot involved testing the technology's ability to handle transactions, make payments, and settle transactions in a digital environment.
The California DMV is also using Tezos for its project to put car titles on the blockchain.
Sword Group an international technology company, launched DigiSign, an open-source tool built on Tezos that enables users to digitally sign, certify, and verify the authenticity of digital documents.
Tezos in Gaming
Recently, the Tezos Unity SDK promises to make blockchain game development easier and faster. It allows for the addition of web3 features such as allowing players to link their accounts across games, mint, and trade in-game items and currencies, and show off their ranks and accomplishments on public, on-chain leaderboards.