Lition is developing a scalable public-private blockchain with deletable data capabilities for use in commercial products. To create a standard blockchain for business, Lition has co-innovated with SAP, the world's largest business software maker. By combining SAP's permissioned ...
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Issue Date2019-04-18
Initial Price--
Max Supply120,055,730 LIT
Total Supply120,055,730 LIT
Circulating Supply35,542,029 LIT
Algorithm--
Exchanges--
Consensus--
Events
Industry-designed toolkit for developing custom blockchains; Testnet update; Mainnet 1.5 update including data deletion; mass user migration
Growth of partner network across industries; first pilots in regulated industries outside of energy sector handling private data; Mainnet 1.0 public launch; hosting first STO; onboarding of dApp partners
Launch STO use case outside of real estate with partners; launch smart grid use case; Mainnet 1.0 private launch; use case migrate to Mainnet; start Genesis phase
Launch of banking case; launch of real estate security token use case; Testnet 1.0 public launch; first use case migrated to Lition Testnet infrastructure; dApp partners onboard; P2P transaction use case expansion also for large industrial clients; ICO (three months)
Successful completion of seed funding; commercial expansion of P2P Energy transaction use case; support for German blockchain lawmakers to enable SOT in Lition blockchain; MVP for Testnetd (private release)
P2P use case applied to energy retail pilot; 25 people in Lition; onboarding of leading energy partners; opening of Beijing office; technical WP launch; blockchain prototype; start of development with SAP
Mass market ready (greater than 41 million users); expanded connected power plant to 18GWh in Germany; smart card reader integration; specified business requirements for blockchain; blockchain architecture design; technical consulting SAP
Licensed in Germany as electricity supplier; Beta P2P energy trading application; first green power plants connected to Lition Energy Exchange; first employees on board (4 internal and 6 external)
Company Formation; Initial Fundraising; Power Provider Licensing Process Launch; Alpha App; Partnerships First
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