USB 1.0 is the first version of the Universal Serial Bus standard, introduced in January 1996. It was designed to simplify the connection of peripherals like keyboards, mice, and printers to computers. USB 1.0 supports data transfer rates of up to 1.5 Mbps (Low Speed) and 12 Mbps (Full Speed), making it significantly faster than previous connection methods. This standard allowed for the connection of multiple devices through a single port, reducing the need for various cables and connectors. USB 1.0 laid the groundwork for future versions, leading to advancements in speed and functionality in later iterations like USB 2.0 and USB 3.0.