Gi-Fi, or Gigabit wireless, is a new technology enabling wireless data transfer at speeds up to 5 gigabits per second, operating at a frequency of 60 GHz. It offers significant advantages over Bluetooth and Wi-Fi, such as higher speed, lower power consumption, and a smaller physical footprint, with a projected dominance in wireless networking within five years. Applications for Gi-Fi include wireless PAN networks, inter-vehicle communication systems, and high-speed video broadcasting.