The document discusses holographic versatile discs (HVDs), a type of optical disc storage technology. HVDs use holography to store data in a photopolymer layer, allowing storage capacities over 3.9 terabytes. Data is written to the disc using a green laser beam and read using interference between a reference beam and the stored holograms. While offering vastly higher storage than technologies like CDs, DVDs, and Blu-ray discs, HVDs also have drawbacks like complex optical systems and high production costs that have prevented widespread adoption.