A Time Server is a computer or device that provides accurate time information to other computers and devices over a network. It synchronizes the clocks of connected devices, ensuring they all display the same time. This is crucial for various applications, including data logging, transaction processing, and network security. Time servers often use protocols like NTP (Network Time Protocol) to distribute time information. They can obtain time from reliable sources, such as atomic clocks or GPS satellites, ensuring high precision. Accurate timekeeping is essential for systems like financial transactions and telecommunications, where timing discrepancies can lead to errors.