An event-driven architecture is one where the application is driven by the production and consumption of events, which are messages that represent changes in the state or behavior of the system or its components. The events are published by event sources, such as sensors, user actions, or timers, and are consumed by event processors, such as services, functions, or workflows, that perform some actions or transformations based on the events. The events are transmitted through event brokers, such as message buses, queues, or streams, that provide reliable and asynchronous communication between the components. This style is reactive, scalable, and decoupled, as it allows for dynamic and flexible interaction between the components, and supports parallel and distributed processing of events. However, it also poses some challenges, such as complexity in event handling, tracking, and debugging, as well as increased network traffic and latency. An event-driven architecture is suitable for projects that have high-volume and real-time data streams, and need to support multiple platforms and technologies.