Kotlin, developed by JetBrains in 2010, was created to be a modern, concise, and effective programming language that fully interoperates with Java, allowing smoother transitions for developers moving from Java to Kotlin in Android app development. It boasts features like null safety, extension functions, and functional programming support, although it faces challenges like limited learning resources and a smaller pool of professionals. With its growing popularity and endorsement by Google, Kotlin is now widely used for server-side applications and offers capabilities to transpile to JavaScript.