Multi-Valued Logic is an extension of traditional Boolean logic, which uses only two truth values: true and false. In contrast, Multi-Valued Logic allows for more than two values, such as true, false, and unknown, or even a range of values. This flexibility makes it useful in various fields, including computer science, philosophy, and mathematics. One common application of Multi-Valued Logic is in fuzzy logic, which deals with reasoning that is approximate rather than fixed and exact. This approach can better model real-world situations where information is incomplete or uncertain, making it valuable in areas like artificial intelligence and control systems.