Li-Fi, or light fidelity, is a wireless technology that uses visible light communication for high-speed data and audio transmission, offering speeds up to 224 gigabits per second. It provides advantages over Wi-Fi, such as increased security, better bandwidth, and the ability to operate in dense environments without interference from radio frequencies. Li-Fi technology, developed by Harald Haas in 2011, has significant applications in various fields including healthcare, transportation, and industrial automation.