The document discusses the CRISPR/Cas9 system. It describes how CRISPR/Cas9 uses a Cas9 protein guided by a single guide RNA to recognize and cut target DNA. The system has three stages: adaptation, expression and processing of CRISPR RNA, and interference where the Cas9 protein complex cuts the target DNA. CRISPR/Cas9 can be engineered to act as a nuclease, nickase, or inactive dead Cas9 for gene regulation applications like activation or repression. It provides a gift from nature for precise genome editing and regulation.