In this hi-tech world, the "smart coatings" have sparked significant attention among materials scientists because of their versatile applications. Various strategies have been developed to generate smart coatings in the past 2 decades. The layer-by-layer (LbL) technique is the most commonly employed strategy to produce a smart coating for suitable applications. Here, we present a smart coating with healing, antifogging, and fluorescence properties fabricated by the LbL assembly of an anionic amphiphilic block copolymer latex and cationic inorganic POSS (polyhedral-oligomeric-silsesquioxane) nanoparticles. In this case, a new anionic block copolymer (BCP), {poly(sodium styrene sulfonate)-block-poly[2-(acetoacetoxy)ethyl methacrylate]}, (PSS-b-PAAEMA) was synthesized via surfactant-free RAFT-mediated emulsion polymerization using the PISA technique. The PSS-b-PAAEMA was characterized by 1H NMR, dynamic light scattering, scanning electron microscopy, and transmission electron microscopy analyses as well as by UV-vis and photoluminescence spectroscopy. For LbL coating fabrication, an amine-modified glass was successively dipped in the anionic latex and cationic POSS solution. The transparent coating exhibited good fluorescence properties under UV light (blue color). The antifogging performance of the coating was also investigated using both cold-warm and hot-vapor techniques. Additionally, the coating surface showed a significant healing activity with a healing efficiency of >75% through ionic interaction. Thus, this finding provides a simple low volatile organic compound (VOC) water-based LbL coating with multifunctional properties that can be a potential material for versatile applications.