Balanced ternary is a numeral system that uses three digits: -1, 0, and +1. Unlike the standard binary system, which uses only two digits (0 and 1), balanced ternary allows for a more flexible representation of numbers. Each digit in a balanced ternary number represents a power of three, with the coefficients being -1, 0, or +1. In balanced ternary, numbers can be easily manipulated and represented without the need for negative signs. This system is particularly useful in certain computing applications and theoretical mathematics, as it simplifies arithmetic operations and can lead to more efficient algorithms compared to traditional binary systems.