Single-wire technology refers to a method of transmitting electrical signals using a single conductor instead of multiple wires. This approach simplifies wiring systems, reduces material costs, and minimizes installation time. It is commonly used in various applications, including telecommunications and sensor networks. In a single-wire system, the return path for the current is often provided through the ground or a common reference point. This design can enhance efficiency and reliability, making it suitable for devices like smart meters and automated control systems. Overall, single-wire technology offers a streamlined solution for modern electrical and communication needs.