The document discusses distributed hash tables (DHTs) and describes the Chord protocol as an example of a DHT. It explains that a DHT distributes a hash table among nodes in a network, allowing items to be stored at specific nodes based on their hash key. The Chord protocol constructs a DHT by having nodes form a ring, assigning each node an ID, and storing each item at the successor node of its hash key on the ring. Lookups are routed around the ring to the item's successor using finger tables to speed up routing. The ring is maintained through periodic stabilization to update successor and predecessor pointers when nodes join or leave.