Hey all!

As Tezos continues to rise, everyone's offering a take on it. 

I could join the fray and offer yet another exhaustive opinion on the network's unique features, but instead, I thought I'd focus on how it could be useful for businesses. 

Consider the recent news that tZero and a partner have chosen Tezos on which to tokenize real-estate, it would seem that there is something to this point. In other words, they wouldn't be putting $300 million in real estate on the network if they didn't have a clear reason for doing so. 

According to a press-release from tZero three days prior to the announcement, the interest in using Tezos amounts to a growing institutional belief in both Tezos' "self-amendment" and its smart contracts. In focusing more narrowly on this interest, it's easy to see that institutions seem to like knowing that their vote will be equally counted(provided that they are a baker). Additionally, tZero and its partners reportedly believe that  Tezos' smart contracts are more secure than those of its major competitors due to formal verification. 

If you're not familiar with what this feature is, think of it like being able to prove that smart contracts will work as they should without even making them go live, even on a testnet. More precisely, the reason that such a process is effective relates to a fair bit of complex math, which gives developers an extra proof before they put smart contracts on a testnet, then a main net. Think of it like an added step for security, which we, as a blockchain industry, desperately need, given all of the hacks of the past few years.

Consider, for example, that if the DAO had formal verification in its smart contracts, then it is likely that developers would have caught the weaknesses before the hack. 

You might be asking yourself at this point: are these the reasons why, XTZ, in turn is continuously growing? To that, I'd answer first: never trust the opinion of anyone alone, all crypto investments are as risky as investing in a startup, and do your own research.

With that out of the way, however, I can share my personal opinion, which is not direct financial advices, that institutional interest is one driver in XTZ's rise. Another is consistently increasing usage from all types of users.

Think of Tezos like a social network, in one sense. The more users that join, the more valuable it is. Right now, to me, the rocket ship is showing no signs of stopping. 

- Expat

Stay tuned for my next post, in which we'll take a trip with Augur and how it could change financial markets for the better. Until then, reach out to me any time on Twitter here and connect with all of the wonderful members of the Tezos community by hash-tagging #Tezos and $XTZ as well as following some of my Tezos-focused followers.