What is IBM MDM used for?

Could you please elaborate on the uses and applications of IBM Master Data Management (MDM)? As a seasoned professional in the field of cryptocurrency and finance, I'm curious to understand how this technology could potentially benefit our industry, specifically in terms of managing and integrating data across various systems and platforms. Additionally, I'm interested in knowing if IBM MDM has any specific advantages over other similar solutions in the market, and how it can help streamline processes and enhance data quality for businesses operating in the crypto and financial sectors.