A conformal field theory (CFT) is a quantum field theory that is invariant under conformal transformations. In two dimensions, there is an infinite-dimensional algebra of local conformal transformations, and conformal field theories can sometimes be exactly solved or classified.
Conformal field theory has important applications to condensed matter physics, statistical mechanics, quantum statistical mechanics, and string theory. Statistical and condensed matter systems are indeed often conformally invariant at their thermodynamic or quantum critical points.