Bluetooth is a wireless technology standard for exchanging data over short distances. It was initially developed in 1994 by Ericsson with the goal of wireless connectivity between devices. Major versions of Bluetooth technology have provided improvements in areas such as data transfer rates, power reduction, and operating range. Potential future applications of Bluetooth include improved audio streaming, device tethering, and use in military communications and tracking systems. Ultra-wideband is being explored as a possible next generation wireless technology standard.