Li-Fi is a wireless optical networking technology that uses light-emitting diodes (LEDs) for data transmission. It was introduced by Professor Harald Haas at the University of Edinburgh in 2011. Li-Fi works by transmitting data through illumination by controlling the state and rate of flashing of an LED light that varies faster than the human eye. It provides higher speed and more secure data transmission than traditional Wi-Fi and can be used in places where Wi-Fi is unavailable or restricted. While Li-Fi has advantages like high speed and security, it also has limitations such as an inability to pass through opaque objects and susceptibility to interference from other light sources.