The serialize() method is a utility method of the jQuery library that allows you to serialize data from a DOM element and return it in a format that can be used by other libraries.
This is useful when you want to pass data between different libraries or frameworks, or if you want to create a custom API that can be used by other developers. For example - if you want to pass JSON data from your application to a third-party API, you can use the serialize() method to serialize the data and then pass it to the API. This way, the API knows how to handle the data, and you don't have to worry about the format of the data.