Li-Fi is a new wireless optical networking technology that uses light-emitting diodes (LEDs) for data transmission. It was invented by Harald Haas and is 100 times faster than Wi-Fi. Li-Fi transmits data using visible light communication and infrared light and can deliver speeds over 100Gbps. It provides more secure, affordable internet access and has a wider spectrum than radio frequencies used by Wi-Fi. Experts predict Li-Fi will be commercially available within two years and can transform wireless communication.