An ideal black body is an imaginary concept developed by Gustav Kirchhoff that perfectly absorbs all electromagnetic radiation that falls on it and reflects none. It plays a significant role in quantum mechanics by being a perfect emitter and absorber of thermal radiation, releasing electromagnetic radiation when heated that follows specific laws like Planck's quantum law, Wien's displacement law, and Stefan-Boltzmann law. Real blackbodies have opaque, closed surfaces that absorb radiation based on factors like temperature, emissivity, and surface area, and their radiation is used in applications like thermal imaging, optical sensors, and burglar alarms.