The recent advancements of femtosecond (fs) holography are introduced. The experimental requirements and the time resolution are presented. Applications of femtosecond holography to signal processing, and other femtosecond holographic techniques such as femtosecond holographic imaging and microprocessing are detailed. A potential alternative of femtosecond holography is proposed, based on the sectional interference of reference pulse with the time stretched signal pulse. (c) 2005 Elsevier B.V. All rights reserved.