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The integration of blockchain technology in smart homes is predicted to reach a market size of USD 5815.3 million with a CAGR of 41.2% by 2030. Blockchain enhances security, efficiency, and interoperability in smart home systems by securely managing and authenticating devices, data, and transactions. It also enables autonomous and trustless exchanges of energy, resources, or services within the smart home environment. Governments are also investing in blockchain technology for smart homes.
