GiFi is a new wireless technology that operates at 60 GHz frequency band to allow wireless transfer of audio and video data at speeds up to 5 Gbps. It was developed by Professor Stan Skafidas to have higher data transfer rates than Bluetooth and WiFi while using lower power. GiFi uses time-division duplex and its 60 GHz frequency band allows for high integration on a single chip and immunity from interference. It is well-suited for applications in wireless homes, offices, video transfer and more due to its high speeds, security, and small/low-cost devices. GiFi is expected to become the dominant wireless technology within five years.