Define and/or describe the technology State the function and purpose of the tech

Define and/or describe the technology
State the function and purpose of the technology
Note: Your descriiption may include your statement of purpose
Give a brief history of the technology: Discuss the beginnings of the technology. Was it developed by a corporation or an individual? Is it a variation or evolution of another technology? Etc.
Site a current implementation of the technology. Is there a significant or well-known company using this technology?
List a few pros and cons of the technology. This may include your opinion but also state what industry thinks.