Basis Light-front Quantization (BLFQ) is a nonperturbative approach to quantum field theory. In this paper, we report our recent progress in applying BLFQ to the positronium system in QED and to the meson and the baryon system in QCD. We present preliminary results on the mass spectrum, light-front wave functions and other observables of these systems, where one dynamical gauge boson is retained for the positronium and meson systems.