This document discusses Li-Fi technology, which uses visible light communication to transmit data wirelessly using LED light bulbs. Li-Fi was coined by Professor Harald Haas as an alternative to Wi-Fi that uses radio frequencies. It provides bidirectional and fully networked wireless connections at high speeds. Potential practical uses of Li-Fi include use in traffic lights, hospitals, airplanes, and underwater communications. Compared to Wi-Fi, Li-Fi has benefits like higher speed and more secure communication, but also faces limitations such as inability to pass through solid objects and interference from other light sources. Future developments could allow Li-Fi to still function in daylight and at night by modulating light intensity.