Witricity is a technology that wirelessly transfers electricity between a power source and a device using magnetic induction. The document discusses the history of witricity beginning with research at MIT in 2007 that demonstrated wirelessly powering a light bulb. It works by generating oscillating magnetic fields from a transmitting coil connected to a power source, which induces a current in a receiving coil connected to a device. Advantages include eliminating wires and allowing power transfer in any direction. Limitations include inefficiency over long distances and standardization challenges. Safety is ensured because magnetic fields pass harmlessly through living tissues. Potential applications include charging phones, laptops, TVs, electric cars and powering military and medical devices wirelessly.