Peptides and polypeptides are biologically important as the building blocks of proteins and other biomolecules. Peptides are short chains of amino acids linked by peptide bonds, while polypeptides have longer chains. They perform critical functions by acting as hormones, enzymes, toxins, and structural components of cells and tissues. Peptides and polypeptides are essential for biological processes and have applications including vaccines, diagnostic tools, and potential therapeutic agents.