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The Blockchain Story
Lition
  • Average Rating: 2
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Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. This state of the art protocol enables blockchain-based applications to step out of their current niche into commercial mainstream deployment. Blockchain development is co-innovated with SAP, whose chief innovation officer Dr. Jürgen Müller is also Lition’s
advisor. SAP, a company with >400mn users and >10.000 developers, is developing the decentral ledger and smart contract layer, and Lition is providing the open consensus layer. Lition will run the public mainnet using Lition tokens issued in an ICO for transaction execution, staking and sidechain creation. Lition is well positioned to design a blockchain infrastructure for business use, as it launched the world’s first P2P energy trading dApp that is commercially live in a mass market with real revenues and real customers in over 10 cities. Next to this already-existing P2P trading dApp, there are many more use cases with initial implementations in the green energy space, with potential to disrupt the finance sector and beyond. Furthermore, SAP can easily implement this blockchain into their existing customer base of >400.000 making them immediately ready for blockchain use cases. It is therefore well positioned to be the standard mainnet for business applications.

Sang-Seop Lee Advisor Blockchain & Energy Use Cases
Markus Bick Advisor for Research
Eddy Travia Advisor Digital Token Economy
Jürgen Müller TECHNOLOGY ADVISOR
Kelly Ford SALES & MARKETING ADVISOR
Stephan Vogel Business Development Manager
Stephan Bialek Head of Finance & Operations Manager
Benni Wörpel Blockchain Marketing Manager
Chris Kilchling Brand & Design Manager
Susanne Hößler Senior Data Analyst
Amy Xiao Marketing & Community Manager
Qinwei Hao Managing Director Lition China
Richard Lohwasse Co-Founder & CEO
Kyung-Hun Ha Co-Founder & COO
Manfred Gabriel Board Member
Jan Wiedenhaupt Board Member Legal/Finance
Reinhard Lohwasser Board Member Technology
Nastassia Metselitsa Scrum Master
Aliaksandr Zimakou Blockchain & Frontend Developer
Jan-Patrick Schulz UX/UI EXPERT
Artur Basak Lead Frontend Developer
Q4 2018
3 months ago

Commercial readiness for electric vehicle charging use case (with Chinese partner); Launch of time-sensitive tariffs for customers with smart readers; Expansion to Asian partners with P2P use case; Testnet MVP ready; Testnet blockchain API; Testnet Dev. Toolkit, Dev&Admin release.

Q1-Q2 2019
3 months ago

Expansion of P2P trading use case also for large industrial clients; Launch of smart grid use case; Launch of energy-data driven recommendation use case; Testnet 1.0 Public release; First use cases migrated dApp Partners onboarded; Team Scale-Up.

Q3-Q4 2019
3 months ago

Growth of partner network within Energy sector; First pilots of regulated industries outside Energy sector that deal with private data; Mainnet 1.0 Public release; Testnet Update; Large-scale use case migration.

2020
3 months ago

Large-scale marketing for ecosystem; Worldwide commercial, large-scale use cases of industries outside of Energy (mainly Healthcare, Finance); Mainnet 2.0 Public release with full set of features.

Q4 2017
3 months ago

Company incorporated; Initial Fundraising; Licensing process for electricity supplier initiated' Alpha version of app; First partnership initiated.

Q1 2018
3 months ago

License as electricity supplier in Germany obtained; Energy trading platform beta-test; First green power plants connected to Lition Energy Exchange; First employees on board (4 internal and 6 external).

Q2 2018
3 months ago

Lition tarrifs are available to mass-market (>41 million households); First Customers connected (household and SMEs); Scaling up connected green power plants to 18 GWh in Germany; Integration of smart reader use case; Business requirements for blockchain infrastructure specified; Design of technical blockchain architecture initiated; Technical advisory with SAP starts.

Q3 2018
3 months ago

Use case for electric vehicles piloted (with Chinese partner); Use case for P2P applied for energy retailing piloted (with Asian partner); Leading energy partners onboarded; Lition staff grows to 25 (internal and external); Lition representative office opened in China; Technical whitepaper released; Blockchain prototype; Development with leading tech partner starts.

Token : LITION
Price : 1 LITION = 0.10 USD
Tokens : 250000000
Tokentype : ERC20
Hardcap : 25,000,000 USD
Softcap : 5,000,000 USD
Platform : Ethereum
Distributed : 50%
Accepting : BTC, ETH
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