Lition
ENDED: April 30, 2019Transparency Details
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Description
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.
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Executive Summary
Lition is an innovative Berlin Tech start-up, developing the worlds first 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. The development is done together with SAP, whose chief innovation officer Dr. Jürgen Müller is also Lition’s advisor. SAP, a company with >10.000 developers, is developing the storage and smart contract layer, with Lition providing the open consensus layer.
Lition will run the public mainnet using Lition tokens issued in a Token Generation Event (TGE) 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 energy trading dApp, there are many more use cases, with initial implementations in the energy space to build an energy ecosystem, as well as further potential in the finance sector and beyond. Further, SAP can allow easy integration into their >400.000 existing customers, immediately making them ready for blockchain use cases. It is therefore well positioned to be the standard mainnet for business applications.
Lition will run the public mainnet using Lition tokens issued in a Token Generation Event (TGE) 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 energy trading dApp, there are many more use cases, with initial implementations in the energy space to build an energy ecosystem, as well as further potential in the finance sector and beyond. Further, SAP can allow easy integration into their >400.000 existing customers, immediately making them ready for blockchain use cases. It is therefore well positioned to be the standard mainnet for business applications.
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The Team
Timeline
Sale Starts
1st January 2019The ICO/Token/Coin sale opens
Happened: 5 Years, 10 Months, 20 Days ago
Sale Ends
30th April 2019The ICO/Token/Coin sale closes
Happened: 5 Years, 6 Months, 21 Days ago
TODAY
21st November 2024