He’s using an i2c temperature sensor , and we think the PCA9517 Level-Translating I2C Bus Repeater that makes it possible is a perfect match for the RPi. This is a Texas Instruments part.
[Inderpreet’s] chosen LCD used an I2C interface, which was new to him. Rather than shy away, [Inderpreet] grabbed his Bus Pirate and dove in! I2C or Inter-Integrated Circuit serial interfaces ...