Holographic Versatile Disc (HVD) is a new optical storage technology that can store massive amounts of data - up to 1-4 terabytes in a sugar cube sized crystal - using holography. It provides storage capacities far greater than current technologies like DVDs and Blu-ray discs. HVDs store data throughout their volume using interference patterns from laser beams, rather than just on the surface. While offering significant advantages in capacity and speed, HVDs still face challenges in manufacturing complexity and cost that must be addressed for the technology to become mainstream.