POSIX is a standard for maintaining compatibility between operating systems. It defines APIs for threads, mutexes, semaphores, condition variables, and message queues to enable processes and threads to synchronize access to shared resources and communicate. The document provides details on the POSIX interfaces for thread management, mutexes, condition variables, semaphores, and message queues. It includes code examples demonstrating their use for inter-process synchronization and communication using shared memory.