>>11973220It's a name for a kind of mathematical object which was first described by Peter Scholze, a young German mathematician who won the Fields medal recently. I couldn't tell you anything more about it without cheating (looking it up) but the funny, arbitrary name strongly suggests that it's an algebraic structure of some sort (a la groups, monoids, groupoids etc), presumably with certain properties and/or applications in analysis and/or topology, two of the other major branches of math. The utility of such an object presumably has to do with how it can be used to solve some existing mathematical problems, and then to pose new ones. This is what pure mathematicians care about, doing math for its own sake, and so frequently, the only "real world" application of any new piece of math is to be applied to other math, and not a practical application which is what you were asking about.
I wonder how far off base I was.