Ethernet was invented in the 1970s at Xerox PARC and was later commercialized. It is a widely used wired networking technology that uses bus topology and CSMA/CD protocol to allow multiple devices to share bandwidth on the same network. Li-Fi is a new wireless technology that uses visible light communication through LED lights to transmit data, providing a potential alternative to Wi-Fi that has benefits like higher speeds, more bandwidth availability, and better security. It was introduced in 2011 and companies are working to commercialize Li-Fi products and networks. Potential applications include use in places where radio signals cannot be used safely or are restricted.