Digital formats refer to the ways in which information is encoded and stored in a digital environment. Common examples include JPEG for images, MP3 for audio files, and PDF for documents. These formats allow for easy sharing, editing, and storage of data across various devices and platforms. Different digital formats serve specific purposes and can affect the quality and size of the files. For instance, GIF is often used for simple animations, while DOCX is a popular format for word processing documents. Understanding these formats helps users choose the right one for their needs.