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Over the years technology has been growing exponentially, and the smart home sector is not an exception. New home technologies consist of devices and services that are connected to the internet and to each other. The user can access and manage them remotely using mobile devices.
According to <a href="https://www.gartner.com/smarterwithgartner/will-5g-boost-the-adoption-of-smart-living/" rel="nofollow">Gartner</a>: &ldquo;Consumer spending on connected home devices will total $189 million in 2018, and increase 18% from 2017&rdquo;. <a href="https://www.gartner.com/newsroom/id/3598917" rel="nofollow">Analysts also predict</a> that by 2020 the number of connected things will reach 20,4 billion worldwide and 12,8 billion of them will be for the household and not for business. In 2018 we already see a rise in new home automation technology such as connected home appliances.&nbsp;
<img src="https://d12zh9bqbty5wp.cloudfront.net/ckeditor_assets/pictures/3304/content_content_statista_1.jpg" alt="" width="719" height="473" />
 &nbsp;
Forecast market size of the global smart home market from 2016 to 2022 (in billion U.S. dollars)
Source: <a href="https://www.statista.com/statistics/682204/global-smart-home-market-size/" rel="nofollow">Statista</a>
The graph above proves why many startups and enterprises are investing in new smart home technology. We all want to know that our house is properly secured and that even when we are away, we can still control and monitor our house using mobile devices. The adoption of the Internet of Things has already captured smart home enthusiasts. We noticed new smart home technologies that are appearing and leading companies are embracing these new trends.&nbsp;
In this blog post, we are going to look at some key trends in smart home app development that will transform our everyday lives in 2018 and beyond:
<h2 style="text-align: justify;">Voice assistant integration</h2>
The competition among voice assistants is getting tougher. Thanks to it, more new smart-home products that can be managed by one or more voice assistants appear on the market.&nbsp;
In the past five years, voice-based technologies have experienced rapid growth in the consumer market. Market leaders such as Amazon, Google, Apple, and Samsung continue to enhance their product lines. According to <a href="https://www.prnewswire.com/news-releases/parks-associates-30-of-us-broadband-households-very-interested-in-controlling-smart-home-and-entertainment-devices-with-same-remote-300577420.html" rel="nofollow">Parks Associates</a>, over 37% of U.S broadband users find it appealing to use voice to control smart home devices.&nbsp;
For example, Whirlpool has already started building voice assistants into its appliances. During CES 2018, the manufacturer presented numerous appliances that a person can control using Alexa or Google Assistant. You can now set and start your dishwasher remotely by your voice or change the temperature settings of your refrigerator.
With a smart home platform like <a href="https://www.insteon.com/insteon-hub/" rel="nofollow">Insteon Hub</a>, a homeowner can control lights and appliances using a voice command to Google Home.&nbsp; In the future, we expect to have a number of voice-activated smart devices in our houses. We might no longer use light switches but instead give voice commands asking to turn and off the light. The same will be with HVAC systems, TV, and any other device.&nbsp;
<h2 style="text-align: justify;">Air quality monitoring</h2>
Most of our time we spend indoors, thus it should go without saying that indoor air quality greatly influences our health. The quality of air in the home can deteriorate while cooking or cleaning. Until recently it was difficult to measure the CO2 and dust in your air. With the growth of new home technologies, the situation had changed.
Nowadays, there are several air monitoring products on the market that send messages about the air in your home. These devices can be set up in the smart home and improve the quality of the air we breathe. Take a <a href="https://foobot.io/" rel="nofollow">Footbot</a> as an example. Footbot is a smart device that is capable of tracking four different air quality measures: particulate matter, chemical pollutants, humidity, and temperature. Footbot uses light from blue to orange to indicate air quality. If the light is blue the air is good, while orange means a decrease in quality.​
Another example of a device that tracks indoor air quality via the app is <a href="https://www.getawair.com/">Awair</a>. It displays a score out of 100 and offers tips on what to do if things turn bad. The higher the score the better. Awair measures harmful chemicals through Volatile Organic Compounds (VOC). The chemicals can come from anything (detergents, glue, etc.). Awair also has a dust feature, which displays the level of dust in the air. In addition, it can also measure humidity and temperature in your apartment.&nbsp;​
<h2 style="text-align: justify;">Leak detection and control</h2>
One of the biggest concerns for most homeowners is water leaks and their consequences. Especially areas with frequent floods and hurricanes suffer from the damage caused by the leak.
Unfortunately, by the time we notice a leak, it's usually too late and the house may already be damaged. For this reason, systems of leak detectors and valve controllers sound promising, Agree, that being able to prevent your apartment and the apartment of your neighbors from unexpected leaks is what we all need in our houses. Take a look at the <a href="https://getguardian.com/">Guardian</a>, a system of leak detection and a valve controller. In case the system detects a leak, it automatically shuts off your water thus preventing further damage. The system has simple installation and navigation.&nbsp;
<h2 style="text-align: justify;">Energy consumption monitoring</h2>
According to EIA, <a href="https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_3" rel="nofollow">electricity prices have increased by nearly 20% from 2007 to 2017</a>. For this reason, many consumers are considering adding home energy monitoring systems to their homes. With the help of these devices, it becomes possible to track how much energy your home is using. Based on this information, a homeowner can consume energy more efficiently.
For instance, the Wall Plug <a href="https://www.fibaro.com/en/products/wall-plug/" rel="nofollow">Fibaro</a> that was showcased during the CES 2018, allows you to monitor and manage devices using Z-Wave technology. By connecting the Fibaro to a standard power outlet, a homeowner can monitor energy consumption. The crystal LED ring changes the color reflecting the amount of energy that&rsquo;s being consumed. In this way, you can identify which devices consume the most power. The blue color means that less amount of used energy is consumed &nbsp;(e.g. lamp), while the purple color shows that the device temperature increases (e.g. washing machine).&nbsp;
<h2 style="text-align: justify;">All-in-one-systems</h2>
Home security solutions allow residents to monitor each room. With sensors and alarms being installed throughout the house, it is possible to discover any changes in the building. Whether it is smoke detection, open doors, or motion detection, the smart home system notices users about those changes.&nbsp; Unlike most home security systems, all-in-one systems require minimal installation. Each device comprises live-streaming cameras, motion sensors, arming and disarming functionality, and integrated sirens.&nbsp; An example of such a system can be, <a href="https://ajax.systems/">Ajax</a>, a wireless security system that can be easily installed, armed and disarmed, and monitored using your mobile device. Here is another example of a <a href="https://agilie.com/success-stories/smart-home-app">home safety solution</a>. Our team has developed an app where residents are able to receive temperature and humidity data from their apartment, as well as alarms for low battery level, fire, or motion. The solution has already been awarded the CES Innovation Honoree award during CES 2017.&nbsp;
<h2 style="text-align: justify;">Temperature monitoring</h2>
A remote temperature monitor in your home ensures the comfort and protection of your family and home. A digital thermometer tracks change in temperature and then sends data using wireless technology. A user receives data from a mobile device and can control thermostats and temperature levels anytime anywhere. With a digital thermostat, you can control any area of your home: pantry, aquarium, refrigerator, wine cellar, vacant residence, etc.&nbsp;
At CES 2018 a home security provider <a href="https://alarm.com/our-story">Alarm.com</a> had presented a smart thermostat, which monitors HVAC system and prevents homeowners from possible emergencies. A user can place remote temperature sensors in any room, attic, or basement and the thermostat will notify each time when the temperature is too low or high and also balance humidity and temperature to prevent mold and ensure comfortable living. ​​
<h2 style="text-align: justify;">The future of smart home technology is getting smarter</h2>
Several years ago, the idea of controlling your home appliances and security systems remotely using smartphones would have sounded unreal. But 2017 and 2018 prove that the smart home market is gaining momentum and new innovations coming out all the time.&nbsp;
Initially, smart home technology and <a href="https://agilie.com/blog/mobile-app-security-risks-and-their-impact-on-your-business" target="_blank" rel="noopener">mobile security software</a> were used to control HVAC systems, but today the use of technology in a way that almost every electronic mechanism in the house can be included in the system. In addition to turning on and off the devices, smart home technology can monitor what&rsquo;s happening in the house when the homeowner is away.&nbsp;
By utilizing smart home devices we can automate our daily routines and make our life more comfortable. It is likely that the adaptation of smart house technologies will soon become mainstream and an integral part of every apartment. It is no doubt that the future of smart home products and platforms is promising and worth looking forward to.&nbsp;
If you have an idea to build an innovative home automation product, <a href="https://agilie.com/contacts">get in touch with our team</a> so that our experts can give you technical advice on how to build new technology for the smart home. We're offering the best&nbsp;<a href="what-can-make-your-smart-home-product-more-attractive-for-users" target="_blank" rel="noopener">mobile security solutions</a>.

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Blockchain has become a paradigm shift that changes the operations of different industries. Nevertheless, like any other disruptive technology, a lot of myths and misconceptions have appeared. We should differentiate between fact and fiction to use blockchain technology effectively and responsibly. We can better understand what blockchain is (and isn&rsquo;t), how it functions, and the varied applications it holds besides cryptocurrencies by clarifying these misconceptions.
<div id="form-description" class="form-description" data-title="Key Takeaways" data-text="Blockchain is not just about Bitcoin; it is the technology that can transform different fields. 

Blockchains are strong but not flawless, and being aware of the possible weak sections is a very important thing in keeping the network safe.

Educational investment and partnerships with software development experts are the main factors for businesses that will use blockchain technology.">
<div class="form-description-title">Key Takeaways</div>
<ul style="text-align: justify;">
<li dir="ltr" aria-level="1">
Blockchain is not just about Bitcoin; it is the technology that can transform different fields.&nbsp;
</li>
<li dir="ltr" style="text-align: left;" aria-level="1">
Blockchains are strong but not flawless, and being aware of the possible weak sections is a very important thing in keeping the network safe.
</li>
<li dir="ltr" aria-level="1">
Educational investment and partnerships with software development experts are the main factors for businesses that will use blockchain technology.
</li>
</ul>
</div>
<h2 dir="ltr" role="presentation">&nbsp;Myth 1: Blockchain and Bitcoin Are the Same</h2>
Among the most common myths about blockchain technology is the confusion between the blockchain and Bitcoin. Blockchain and Bitcoin were created simultaneously, so they are widely believed to be the same thing. However, we must understand that blockchain is a much broader term. It is the technology that created Bitcoin. While Bitcoin is indeed the first and most famous application of this technology, equating the two is like saying that Google is the Internet.
Blockchain is a decentralized digital ledger technology (DLT) that records transactions across multiple computers so that the records cannot be altered retroactively, without the alteration of all subsequent blocks and the consensus of the network.
This makes blockchain a naturally secure and transparent method of data and transaction recording.&nbsp;
Bitcoin is a type of digital currency based on blockchain technology and used for secure, anonymous, and decentralized financial transactions. The blockchain of Bitcoin acts as a public ledger for all the transactions in the Bitcoin network, thus, it is possible to transfer digital currency securely without the use of intermediaries like banks or governments.&nbsp;
Blockchain technology can be much broader than purely financial transactions. It can be used in different industries with various aims. Nowadays, many businesses are studying how blockchain can improve their operations (read more about <a href="https://agilie.com/blog/enterprise-blockchain-development-how-businesses-derive-benefits" target="_blank" rel="noopener">enterprise blockchain development</a> and <a href="https://agilie.com/blog/enterprise-blockchain-development-how-businesses-derive-benefits" target="_blank" rel="noopener">enterprise-grade blockchain development</a>).

Here are a few examples:
Healthcare: Blockchain can guarantee the safety of medical records storage and sharing. Thus, they are only available to authorized personnel and patients and lead to quicker diagnosis and treatment.​
Financial Services: Blockchain is a viable solution for international payments, real-time settlements, and improving transaction transparency and security.
Digital Identity:&nbsp; Blockchain can correct identity theft and fraud by adding digital identities that cannot be changed. For example, Estonia's e-Residency program is the first of its kind, a government-issued digital identity that allows entrepreneurs from anywhere in the world to operate and conduct business online in the EU.
Real Estate: Blockchain can simplify property transactions such as sales, leasing, and financing by reducing paperwork and improving transparency.
<a class="incut--wrap" style="transition-delay: 0s;" href="https://agilie.com/blog/the-evolution-of-blockchain-from-bitcoin-to-business-applications" target="_blank" rel="noopener" aria-label="incut"><img style="height: 344px; width: 778px;" src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716280829344.png" width="100%" height="100%" />Learn more about the evolution of Blockchain from Bitcoin to business applications.</a>
<h2 dir="ltr">Myth 2: Blockchain Transactions Are Always Anonymous</h2>
A frequent mistake people make about blockchain technology is that it is automatically anonymous to its users. However, the truth is more nuanced. Blockchain transactions are not strictly anonymous but pseudonymous.
Pseudonymity means that a user's identity is not directly tied to their blockchain transactions but rather to a digital pseudonym, typically a public key or a blockchain address. These addresses are like a sequence of letters and numbers, giving privacy but not total anonymity.
In contrast, anonymity would mean that the transactions are entirely disconnected from any identity, even a pseudonym, making them untraceable to the user. Blockchain does not usually provide this level of anonymity because the transaction history of each blockchain address is visible to anyone who accesses the blockchain.
Most blockchains are open ledgers, meaning that all transactions are visible to anyone who wishes to view them. This level of transparency ensures that while users' identities are not directly exposed, their transaction histories and patterns can be analyzed.<span style="font-size: 11pt; font-family: Roboto, sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-alternates: normal; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-position: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> 
<img src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716280901953.png" />
While basic blockchain transactions offer pseudonymity, several enhancements and tools can increase privacy:
1. Mixing Services: Services like CoinJoin allow multiple users to combine their transactions into a single transaction with multiple inputs and outputs. This mixing blurs the traceability of any single coin, making it more difficult to link wallets with identities.
2. Privacy-Focused Cryptocurrencies: Some cryptocurrencies, like Monero and Zcash, are designed specifically to enhance privacy. Monero uses ring signatures and stealth addresses to hide the transactions&rsquo; origins, amounts, and destinations. Zcash allows users to shield transactions completely through its zk-SNARKs technology, which enables transactions to be verified without revealing the sender, receiver, or amount.
3. Use of Multiple Addresses: Users can increase their privacy by using multiple wallets or addresses, dispersing their transactions across several points, which makes it more challenging to link them to a single identity.
<a class="incut--wrap" style="transition-delay: 0s;" href="https://agilie.com/blog/blockchain-tech-trends-how-to-stay-ahead-of-the-curve" target="_blank" rel="noopener" aria-label="incut"><img style="height: 344px; width: 778px;" src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716280997458.png" width="100%" height="100%" />Explore key blockchain technology trends and stay ahead in its innovation with insights and practical examples.</a>
<h2 dir="ltr">Myth 3: Blockchains Are Unhackable</h2>
The idea that blockchains are completely unhackable is a frequently held misconception that can cause a dangerous level of complacency in security measures. While blockchain technology does offer robust security features, it is not immune to vulnerabilities. Knowing the security features employed and the situations in which breaches happen is very important for anyone who wants to use blockchain for their business.
Blockchain technology secures data through several mechanisms:
Cryptography: Every transaction on a blockchain is secured using cryptographic algorithms, which ensure that data can neither be altered nor read without the appropriate cryptographic key.
Decentralization: By distributing copies of the ledger across a network, blockchain reduces the risk of a single point of failure that could compromise the entire system.
Consensus Protocols: Blockchains use various consensus mechanisms, like Proof of Work (PoW) or Proof of Stake (PoS), to agree on the validity of transactions. These protocols prevent a malicious actor from changing even a single aspect of the blockchain.
<a class="incut--wrap" style="transition-delay: 0s;" href="https://agilie.com/expertise/fintech/blockchain-software" target="_blank" rel="noopener" aria-label="incut"><img style="height: 344px; width: 778px;" src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716281102044.png" width="100%" height="100%" />Learn more about our blockchain software development services.</a>
Despite these security measures, there are scenarios where blockchains can and have been compromised.
<h3 dir="ltr">Scenarios Under Which Breaches Have Occurred</h3>
51% Attacks: This type of attack happens when a single entity gains control of more than 50% of the network&rsquo;s mining hash rate or stake, allowing them to manipulate transactions and potentially double-spend coins.&nbsp;
Code Vulnerabilities: <a href="https://agilie.com/blog/secure-smart-contract-design-best-practices-in-solidity-programming" target="_blank" rel="noopener">Smart contracts</a>, which are self-executing contracts with the terms directly written into code, can contain vulnerabilities. One of the most famous incidents is the DAO attack on the Ethereum network. Hackers exploited a vulnerability in the DAO (Decentralized Autonomous Organization) smart contract code to siphon off one-third of the DAO&rsquo;s funds.
Phishing and Social Engineering: End-user security is often the weakest link in a blockchain system. Phishing attacks can allow attackers access to blockchain assets, bypassing network security measures, to steal private keys or wallet credentials.
<img src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716281254703.png" />
<h2 dir="ltr" style="text-align: justify;">Conclusion</h2>
The blockchain technology is often seen as highly popular and muddled at the same time.&nbsp; Falsified myths are only part of the misconceptions that can mislead such a fantastic technology. Similarly, proper professional knowledge and strategy can help blockchain perform to its potential in various fields.&nbsp;<a href="https://agilie.com/blog/your-own-cryptocurrency-from-scratch-everything-you-need-to-know-to-create-your-cryptocurrency" target="_blank" rel="noopener">Building your own cryptocurrency</a> can be a strategic move for businesses seeking to innovate and tap into new digital markets.
At <a href="https://agilie.com" target="_blank" rel="noopener">Agilie</a>, we understand that dealing with a complex environment is also a significant challenge. This is why we create powerful blockchain systems and wish to educate our clients regarding the breadth of blockchain-utilizing services. Therefore, such solutions can be tailored to your industry's concrete necessities and problems.
<a class="incut--wrap" style="transition-delay: 0s;" href="https://agilie.com/contacts" target="_blank" rel="noopener" aria-label="incut"><img style="height: 344px; width: 778px;" src="https://d3pxw3l8cozu05.cloudfront.net/images/f9e66e179b6747ae54108f82f8ade8b3c25d76fd30afde6c395822c530196169-1716281316627.png" width="100%" height="100%" />Contact us to find out how our blockchain development services can help you achieve your goal.</a>

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