Here is a nice application of split-complex numbers. Let 
 and 
 be complex matrices.  Their product is defined as
      ![]()
which requires 4 real matrix multiplications. Here I will show that we can do this with 3 real matrix multiplications by using split-complex numbers.
First, by taking split-complex matrices 
 and 
 and rewriting them in basis 
 as follows 
      ![]()
we have
      ![]()
which requires only 2 real matrix multiplications. This all follows from my previous post.
Let us now define 
      
We have
      ![]()
But now, since
      ![]()
Finally, from this and the fact 
 we have 
      ![]()
EDIT: A simple implementation of this approach can be found here.