This 24-hour time standard is kept using highly precise atomic clocks combined with the Earth's rotation.
A STANDARD, NOT A TIME ZONE
UTC is the time standard commonly used across the world. The world's timing centers have agreed to keep their time scales closely synchronized - or coordinated - therefore the name Coordinated Universal Time.
ATOMIC AND SOLAR TIME
Two components are used to determine UTC:
UT STARTED IN 1884
Universal Time (UT) was created at the Washington Meridian Conference in 1884. This is the basis for the 24-hour time zone system we know today.
At the time, Greenwich Mean Time (GMT) was chosen as the world's time standard. The reference line or starting point, the Prime Meridian, was determined to be the transit circle at the Royal Observatory in Greenwich, London. The transit circle is a part of the telescope's mechanics and it is still cited as the Prime Meridian's original reference.
FROM GMT TO UTC
In 1960, the International Radio Consultative Committee formalized the concept of UTC, and it was put into practice the year after. The name Coordinated Universal Time was officially adopted in 1967.
UTC was adjusted several times until 1972, when leap seconds were introduced to keep UTC in line with the Earth's rotation, which is not entirely even, and less exact than atomic clocks.
GMT IS NOW A TIME ZONE
Until 1972, Greenwich Mean Time (also known as Zulu time) was the same as Universal Time (UT).
Since then, GMT is no longer a time standard. Today, Greenwich Mean Time is only the name of a time zone that is used by a few countries in Africa and Western Europe, including the UK during winter and all year in Iceland.