This paper aims to show that Li-Fi now reached a state, where it can be considered a reliable wireless communication solution for future technologies. Currently, the Internet can be accessed using Wi-Fi, but it has its limitations too. It is sufficient for current Internet services but insufficient with IoT and cloud-based services. In the upcoming decade, hard drives will be obsolete and everything will be on the cloud. Modern Web applications i.e., 4K & 8K videos, games, high-resolution photos, etc. require fast bandwidth. Li-Fi opens a reliable door for the end-users to access future technology-based services at high speed.