The Universial Serial Bus is a new standard for peripheral devices which was developed by leading manufacturers of the computer and communications industries. USB allows for the so called Plug and Play of peripheral devices without the need of having to install specific cards in the computer or to reconfigure certain parts of the operation system. It is expected that USB will replace conventional serial and parallel interfaces in the foreseeable future. This will also make the annoying cable mess and the constant hassle with exchanging peripheral devices become a problem of the past.
It is possible to run a maximum of 127 devices at a bandwidth of 1.5 or 12 Mbit/s (USB 1.1) and respectively 480 MBit/s (USB 2.0).
If the monitor has a USB hub listed in its specifications, you can plug devices like mouse or keyboard directly into the monitor.