A smart fenestration product comprising: - control electronics built into the fenestration product; - a battery for supplying power to the control electronics; - photovoltaic cells being connected to said said battery for recharging the battery; - at least one sensor connected to said control electronics; - at least one actuator connected to said control electronics and adapted to actuate a portion of said fenestration assembly; - at least one data communication interface connected to said control electronics; wherein said control electronics is adapted to receive and process data detected by said at least one sensor, and wherein said control electronics is further adapted to transmit said detected data via said data communication interface, and further to control said at least one actuator based on said detected data and/or based on instructions received via said data communication interface, - wherein said control electronics is adapted to receive and process instructions from a central control unit and a mobile device and is further adapted to decide whether a received instruction from said mobile device overrides a control based on said detected data and/or a control based on instructions received from said central control unit, wherein said control electronics is adapted to carry out the following sensor functionalities: - detecting and reporting the state of the fenestration product (908, 109), - detecting and reporting the state of shades, - detecting and reporting of glass breaking, - detecting and reporting internal and external temperatures, - detecting lighting, - capturing user's fingerprints, - detecting and reporting precipitation, - regular reporting on control electronics activity status and integrity, - control of ventilation dampers according to requests from the central control unit. - control electronics built into the fenestration product; - a battery for supplying power to the control electronics; - photovoltaic cells being connected to said said battery for recharging the battery; - at least one sensor connected to said control electronics; - at least one actuator connected to said control electronics and adapted to actuate a portion of said fenestration assembly; - at least one data communication interface connected to said control electronics; wherein said control electronics is adapted to receive and process data detected by said at least one sensor, and wherein said control electronics is further adapted to transmit said detected data via said data communication interface, and further to control said at least one actuator based on said detected data and/or based on instructions received via said data communication interface, - wherein said control electronics is adapted to receive and process instructions from a central control unit and a mobile device and is further adapted to decide whether a received instruction from said mobile device overrides a control based on said detected data and/or a control based on instructions received from said central control unit, wherein said control electronics is adapted to carry out the following sensor functionalities: - detecting and reporting the state of the fenestration product (908, 109), - detecting and reporting the state of shades, - detecting and reporting of glass breaking, - detecting and reporting internal and external temperatures, - detecting lighting, - capturing user's fingerprints, - detecting and reporting precipitation, - regular reporting on control electronics activity status and integrity, - control of ventilation dampers according to requests from the central control unit. - wherein said control electronics is adapted to receive and process instructions from a central control unit and a mobile device and is further adapted to decide whether a received instruction from said mobile device overrides a control based on said detected data and/or a control based on instructions received from said central control unit, wherein said control electronics is adapted to carry out the following sensor functionalities: - detecting and reporting the state of the fenestration product (908, 109), - detecting and reporting the state of shades, - detecting and reporting of glass breaking, - detecting and reporting internal and external temperatures, - detecting lighting, - capturing user's fingerprints, - detecting and reporting precipitation, - regular reporting on control electronics activity status and integrity, - control of ventilation dampers according to requests from the central control unit.