2. Motivation
One of the main reasons for using UUIDs is that no centralized authority is required to administer them (although one format uses IEEE 802 node identifiers, others do not). As a result, generation on demand can be completely automated, and used for a variety of purposes. The UUID generation algorithm described here supports very high allocation rates of up to 10 million per second per machine if necessary, so that they could even be used as transaction IDs.
UUIDs are of a fixed size (128 bits) which is reasonably small compared to other alternatives. This lends itself well to sorting, ordering, and hashing of all sorts, storing in databases, simple allocation, and ease of programming in general.
Since UUIDs are unique and persistent, they make excellent Uniform Resource Names. The unique ability to generate a new UUID without a registration process allows for UUIDs to be one of the URNs with the lowest minting cost.