What is the purpose of THORChain?

Could you please elucidate the raison d'être of THORChain? I'm quite intrigued by the concept but am seeking a deeper understanding of its underlying objectives. Could you perhaps explain how it differs from other blockchain platforms and what unique functionalities it brings to the cryptosphere? Additionally, I'm curious about its potential impact on the broader financial ecosystem and how it aligns with the evolving trends in the cryptocurrency industry. Your insights would be greatly appreciated.