Li-Fi is a wireless optical networking technology that uses light-emitting diodes (LEDs) for data transmission. It is a bidirectional, high-speed and fully networked wireless communication technology. Li-Fi uses visible light communication and is similar to Wi-Fi but uses light rather than radio waves. The document discusses the history, working, advantages and applications of Li-Fi such as in hospitals, power plants, and dense urban environments. It provides comparisons with Wi-Fi and discusses challenges and the future scope of Li-Fi technology.