They're arguably among the most commonly used kinds of fasteners that are available in the present, along with bolts, nuts and other similar industrial and household products. Fasteners allow machines as well as equipment and components to be put together.
Since it is basically another mechanical fastener that is permanent, it is among the most frequently used. They are a particular dome head rivets for support shear loads; however they can also be used to support tension loads.
However, screws and bolts are better suited to any task that requires tension because each fastener has been specifically designed to work for specific situations.