This document discusses Li-Fi technology, which uses visible light communication to transmit data wirelessly. It explains that Li-Fi uses LED bulbs that can be flickered on and off at extremely high speeds to transmit digital signals. The document outlines some of the key components of a Li-Fi system including light bulbs, photo detectors, and data modulation/demodulation components. It also discusses potential applications for Li-Fi in places like hospitals, aircraft, and underwater environments. The advantages are noted as being harmless to humans, more secure than Wi-Fi, and using part of the light spectrum that is more available than radio waves. Disadvantages include light not passing through opaque objects and potential interference from other light sources.