1-wire devices are commonly used in many applications. You probably are familiar with famous DS18B20 digital temperature sensor in TO92 package. They can be powered and interfaced using same single data line plus ground return of course. 1-wire originally was designed by Dallas Semiconductors Corp. which is also a major provider of 1-wire devices like temperature sensors, timers, real time clocks, memory and well known iButton. 1-wire interface is a bidirectional, half duplex slow serial communication standard. It doesn’t use any clock signal. When talking of speed, standard data rate is 15.4kbps. But there is possible to overdrive 1-wire communication to up to 125kbps.