Seems to be useful for representing and trading assets. See all the ERC20 tokens and all the Decentralized Finance applications built around them. Or the ERC72

Seems to be useful for representing and trading assets. See all the ERC20 tokens and all the Decentralized Finance applications built around them. Or the ERC721 token interface for representing in-game assets that can move across gaming worlds. Adoption of these open standards means a large number of applications can be accessed from the same wallets.