GORM is an Object Relational Mapping library for Golang that converts data between incompatible type systems using object-oriented programming languages. It provides an object-oriented layer between relational databases and object-oriented programming languages. YugabyteDB is a distributed SQL database built on a scalable and fault-tolerant design inspired by Google Spanner, offering deep integration with GraphQL projects and advanced RDBMS features like stored procedures and triggers. The example application demonstrates how to start a YugabyteDB cluster, download GORM, configure the sample project, create a table Employee, insert data into it, query the table, and verify the results using the Go code.