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ASP.NET is an open-source server-side web application framework. It is designed to produce dynamic web pages, applications and services with support for a wide range of programming languages on the .NET platform. The framework includes a set of libraries and re-usable components that simplify the development process, improving productivity through features such as model binding, declarative data controls, caching mechanisms and built-in authentication systems. ASP.NET facilitates rapid development while ensuring security, performance optimization (through native code compilation for increased speed) and maintainability.