UUID stands for Universally Unique Identifier, a software construction standard and part of the Open Software Foundation's work in distributed computing environments. A UUID is a 128-bit value generated through specific algorithms. For efficiency, commonly used UUIDs are often shortened to 16 characters. UUIDs are used to identify property types and are considered unique identifiers across all space and time. Generally, it is guaranteed that any UUID generated anywhere will never have the same value. One advantage of using UUIDs is the ability to create new identifiers for new services. The standard UUID format is: xxxxxxxx-xxxx-xxxx-xxxxxx-xxxxxxxxxx (8-4-4-4-12).