> For the complete documentation index, see [llms.txt](https://black-paper.rgb.tech/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://black-paper.rgb.tech/application-layer/10.-possible-applications.md).

# 10. Possible applications

Bitcoin Finance:

* Corporate/project tokenized shares, issued centrally, but traded in a decentralized way;
* Loans and bonds, both centralized and decentralized;
* Bitcoin and other assets with higher programmability and confidentiality, wrapped into RGB, issued in a decentralized way (but with a semi-federated pegout)
* RGB-wrapped stablecoins, operating on the Lightning network as a means of payment; issued in a centralized or decentralized way
* Decentralized exchange;
* AMM solutions, for instance algorithmic overcollateralized stablecoins.

Non-financial applications:

* Self-sovereign identity;
* Decentralized global name registry;
* Digital ownership right management systems;
* Non-fungible collectibles and tokenized art;
* DAOs;
* Provable and verifiable audit logs.