1. Grid computing is a distributed computing approach that allows users to access computational resources over a network. It aims to dynamically allocate resources like processing power, storage, or software according to user demands. 2. Grid computing provides a utility-like model for accessing computing resources. Users can access resources from a grid in the same way users access utilities like power or water grids. 3. Key benefits of grid computing include maximizing resource utilization, providing fast and cheap computing services, and enabling collaboration through secure resource sharing across organizations. Grid computing has applications in scientific research, businesses, and e-governance.