Microformats are a set of standardized formats used to mark up and structure data on web pages in a human-readable and machine-understandable way. These formats allow for the easy sharing and exchange of information between different websites and applications, making it easier for users to access and use data from various sources. Microformats are designed to be simple, lightweight, and easy to implement, making them a popular choice for developers looking to enhance the functionality and usability of their websites. By using microformats, websites can provide a more seamless and efficient user experience, making it easier for individuals to find and interact with the information they need.