Li-Fi technology uses visible light communication (VLC) to transmit data wirelessly using LED light bulbs. It was pioneered by Harald Haas in 2011 and provides data rates comparable to Wi-Fi. Li-Fi uses photo detectors to receive signals from light bulbs that are modulated faster than the human eye can detect. It has applications in traffic lights, planes, underwater, and public places as it is intrinsically safe and every light can act as a connection point. However, limitations include inability to pass through opaque objects and external light interference.