Li-Fi is a wireless optical networking technology that uses LED light bulbs for data transmission. It can transmit data through visible light communication at speeds up to 10Gbps. Li-Fi uses light instead of radio waves to transmit information and has advantages over Wi-Fi such as higher speeds, low costs, and large bandwidth. However, it requires line of sight between the light source and receiver and cannot penetrate walls. Potential applications of Li-Fi include use in homes, offices, hospitals and aviation.