Git is a powerful version control system that helps developers track changes in their code and collaborate on projects. It allows users to manage repositories locally or remotely, making it easier to share and update code. With features like branching and merging, Git supports parallel development, enabling multiple developers to work on the same project without conflicts. It is widely used in open-source communities and corporate environments due to its flexibility and efficiency. Git also supports seamless integration with platforms like GitHub, GitLab, and Bitbucket. Overall, Git is an essential tool for modern software development.