Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. Designed with Lition's live P2P trading use case, and co-innovated with SAP. Lition, in co-innovation with SAP, is a foundation that develops the next generation blockchain infrastructure designed for businesses to bring blockchain applications from their currently predominant Proof-of-Concept stage into commercial products with mass-market adoption in a legally compliant way. Our infrastructure is the only scalable public-private blockchain with deletable data features. SAP, a company with >400.000 customers and the power of >10.000 developers, is developing the decentral ledger and smart contract layer, with Lition providing the open consensus layer.
Closed 6 months, 2 weeks ago
|Token Sale||03/01/2019 midnight - 03/31/2019 11:59 p.m.|
Qinwei HaoMANAGING DIRECTOR LITION CHINA
Jan-Patrick SchulzUX/UI EXPERT
Sang-Seop LeeADVISOR BLOCKCHAIN & ENERGY USE CASES
|Soft cap||2,000,000 USD|
|Hard cap||8,000,000 USD|
|Restricted countries||No restrictions|
|Know Your Customer||Yes|
Licensing process for electricity supplier initiated'
Alpha version of app;
First partnership initiated.
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).
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.
Use case for electric vehicles piloted (with Chinese
Use case for P2P applied for energy retailing piloted (with
Leading energy partners onboarded;
Lition staff grows to 25 (internal and external);
Lition representative office opened in China;
Technical whitepaper released;
Development with leading tech partner starts.
Commercial readiness for electric vehicle charging use case
(with Chinese partner);
Launch of time-sensitive tariffs for customers with smart
Expansion to Asian partners with P2P use case;
Testnet MVP ready;
Testnet blockchain API;
Testnet Dev. Toolkit, Dev&Admin release.
Expansion of P2P trading use case also for large industrial
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;
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;
Large-scale use case migration.
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.
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