NTP daemon (ntpd)

The Network Time Protocol daemon (ntpd) is a software program that helps keep computers synchronized to the correct time over a network. It connects to time servers, which are accurate time sources, and adjusts the computer's clock based on their time. This ensures that all connected devices show the same time, which is crucial for tasks like data logging, scheduling, and communication. By maintaining accurate time, ntpd helps prevent errors that can arise from time discrepancies in various applications, including financial transactions and network operations.