No, it is for using Moodle to schedule face-to-face sessions in the real world.
The only Synchronous bit build into Moodle is the Chat module.
Moodle will integrate with synchronous communication tools like Elluminate, DimDim, and so on.
That makes sense because Moodle is basically a web site, and synchronous things work better with a rich client and a special sort of
server.