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/biz/ - Business & Finance


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13393021 No.13393021 [Reply] [Original]

- Lition is developing the advanced scalable public-private blockchain with deletable data features, made for commercial products.

- GDPR compliant blockchain infrastructure for business.

Watch @boxmining video: https://www.youtube.com/watch?v=HAiFArPVkcU&t=46s [Embed] [Embed]

- Has a working product - P2P Energy dApp commercial since April 2018.

- Already has MVP - Live Testnet.

- SAP innovation partner.

- Lition Advisor Dr. Juergen Mueller is a SAP CTO, and also an advisor for the German government for legal framework for STOs

- Made for European regulated STOs. Designed with the Government.

- Also has a MVP for syndicate loan processing.

- Live P2P Energy exchange with customers in over 100 cities.

Amazing in depth @CryptoMedics AMA: https://medium.com/@cryptomedics/cryptomedics-ama-with-lition-98731e01ef6a

- Currently there is 26 million LIT in circulation. Low marketcap

- Do check out who their complete list of partners are and what they are into.

- Also check out their team details on Linkedin as well

>> No.13393075

this is the site of the active and working company: https://lition.de/

You can right now sell / buy green energie in about 30 German cities. Lition has a utility license since about 2 years and the business model bases on using the blockchain to offer about 10% more ROI for green energie sellers & buyers.

In fact the lition guys first did their business then wanted to use blockchain, were unhappy with ETH and so created their own...

If you want to see the working business yourself go into
https://kundenportal.lition.de/login?next=%2F

I am a customer since about half a year and it allows me to buy green energie about 6-8% cheaper than from my central provider. The best thing about it is that I can sell the additonal energie from my solar panels for about 12% more than what my provider would be obliged to buy it for on the lition market.


The business model is pretty much a decentralized ENRON for green energy.

You can try it out with a demo account:

https://demo.lition.de/login?next=%2F
User Name: demo
Password: demo1234

The blockchain stuff was born out of lack of commercially ready solution, but since SAP jumped on board i assume it will be pushed hard as SAP is unhappy with using hyperledger for their leonardo plattform (I work in SAP consulting) and they are eager to get sth going by themselves and seems like they went for lition.

the banking thing is just a test at this point if it works we will see if STOs are a big thing on this but right now you have a working blockchain solutions that is commercially ready and comlies with EU GDPR.

I dont think it will do an x20 but x3-5 is very conservative given that adoption will spread and currently < 1500 accounts even hold it.

>> No.13393097

Listen here guys while i tell you a story from all the biz scams (LINK LTO QNT FTM) this one is the most and biggest scam of them all
>every other scam made at least 5x
>this scam is BELOW ICO price
>they talk about fake partnership, SAP never mention this shitcoin, only bagholders say this is real partnership
>pump and dump groups on discord have try to pump this and even it fails this is such a shit not even a pump and dump is successful
>Why do you think there is everyday 10+ threads (hint for all you retarts pump and dump scam)
>in official telegram they said this was a pump and dump on biz
>blockchain is immutable and now these guys want to work with government and even make it deletable, come on (centralised scam)

>> No.13393127

>>13393097
Hi Bolt retard. Try making some effort next time. Btw your coin is down 15% :)

>> No.13393178

>>13393097
Sounds good sir

>> No.13393190

Fuck off pajeet