Final answer:
The process being depicted in the image is a chemical synapse, where signals are transferred through the release of neurotransmitter chemicals between neurons.
Step-by-step explanation:
Chemical synapse is being depicted in the image provided. A chemical synapse is a junction between two neurons where signals are transferred through the release of neurotransmitter chemicals from the presynaptic cell to the postsynaptic cell. In this process, the electrical signal is converted into a chemical signal, allowing for communication and transmission of signals between neurons.