Comment by samoit
It is supposedly an open source standard that do not requires internet connection to work, and can use regular wifi (2,4ghz) networks as a means to connect devices so you do not need to buy a hub for them. You can create your own hub with a mini pc for instance with a regular wifi card. No need for specific hardware
All of this can be done with ZigBee. It is open and local mesh over 2.4ghz.