Blockchain technology has the potential to improve smart home automation in several ways. It can provide a more secure and flexible platform for operating smart appliances and devices remotely by storing data on a decentralized blockchain network. Each device would be assigned a unique identifier and private key, allowing users to securely access preset device configurations from any location. Embedding blockchain in IoT systems could help address security and data integrity challenges by preventing hacking and data compromise. This combination of blockchain and smart home technology is poised to significantly enhance home automation and our standard of living in the coming years.
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As everyone knows there is no such frontier to blockchain technology
for giving birth to ever constant technological progress. This
Continuous advancement of technology has been being one of the most
important endeavors so far and bettering the way we live our lives.
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Blockchain, the Irrevocable technology having its flag of victory in
various industries. Following that the real estate is on the next move,
that is the combo of blockchain and smart home with the internet of
things seems to be an upliftment to our standard of living.
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4. Obviously, in the next few years blockchain will be a dominant factor of all
the business development in the world. In this 21 century everything is
digitalized and we also more capable of handling smart devices. Although
blockchain is associated with cryptocurrency Now it becomes a flexible
platform to operate your house with smart appliances.
It is important to understand how Blockchain Can improve Smart Home,
Let us get into the topic.
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6. Smart Home is referred to as a residence or a
modern home, where appliances and devices can be
controlled by an owner remotely from anywhere in
the world with an internet connection using any
smart devices like mobile or laptop.
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7. “In 2016, the global home automation
market was estimated at about $16
million. But by 2020, the market could
be expected to reach about $80
billion, due to the adoption of
internet-enabled devices.
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8. Usually, the signals convey commands to the
corresponding devices such as when and how the
device should operate. Knowing its beneficiaries,
companies including Amazon, Apple, and Google
have released their own Smart product like Amazon
Echo, Apple HomeKit and Google Home.
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9. List of Smart Home Technologies
Smart Tv - can control video and music, which also
include voice and gesture recognition.
Smart lighting - Detect and adjust lighting when
occupants are in the room.
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10. List of Smart Home Technologies
Smart thermostats - monitor and remotely control the
home temperature. Also, learn the homeowner's behavior
and provide comfort and efficiency.
Smart locks - detect when residents are near then lock
and unlock the doors for them.
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Smart Security Cameras - monitor the home and the
smart motion sensor to identify the difference
between residents, pets, and burglars. If it found any
suspicious activities then notify authorities.
Know About the Challenges of IoT adoption in
Smart Home
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Due to data tampering, Several Smart home companies
believing that Blockchain could be the future of Smart
home.
Blockchain Technology has the potential to offer a solution
for security issues in IoT. No one needs to worry about
data hack and data compromise as Blockchain provides a
more dynamic range of automated profiles.
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In technical, Blockchain is a decentralized platform and
thus the smart home is enabled with a smart hub. This
solution allows smart appliances data to be stored on the
blockchain. A Unique identifier will be sent to each device
and the user will receive a private key that will be
accessible through their smartphones.
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With that private key users can store preset configuration
and can securely access via a blockchain ledger. Thus,
embedding blockchain in the IoT system will bring much
more secure and sophisticated use cases in the automation
industry.
Check Out the Benefits of Blockchain in IoT
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