The internet of LED (IoL) is a novel paradigm, proposed in this paper, where the main enabling technologies are the integration of LED identification (LED-ID) and internet technology. LED-ID is one of the promising technologies of visible light communication for identification, data transmission and illumination simultaneously. Due to the heterogeneity of two different domains, the requirements of interconnectivity between LED-ID system and the internet technologies are addressed here with varied performance expectations. The internet over VLC system is the new addition in internet of things arena for providing different kinds of smart services which are briefly introduced in this paper. We have also proposed modified MAC architecture, orthogonal latin square (OLS) based backoff scheduling, and scalable GTS allocation.