Gi-Fi is a next generation wireless technology that was developed in Australia to offer faster data transfer rates than existing technologies like Bluetooth and Wi-Fi. Gi-Fi operates at 60GHz and can transfer data at up to 5 gigabits per second, compared to 800Kbps for Bluetooth and 11Mbps for Wi-Fi. It also has lower power consumption than these other technologies. Potential applications of Gi-Fi include wireless transfer of video and audio files, wireless connectivity for devices in smart homes and offices, and inter-vehicle communication systems. Gi-Fi is expected to become the dominant wireless technology within the next 5 years as its integrated transceiver chips become more widely available at lower costs.