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It is used for bug tracking, issue tracking, and project management. The name JIRA is actually inherited from the Japanese word Gojira which means Godzilla. The basic use of this tool is to track issues, and bugs related to your software and mobile apps. It is also used for project management.
A JIRA project is a collection of issues. Your team could use a JIRA project to coordinate the development of a product, track a project, manage a help desk, and more, depending on your requirements. A JIRA project can also be configured and customized to suit the needs of you and your team.