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The German Tech Startup That's Shifting Power From The Energy Conglomerates To The Consumer

The energy industry is experiencing rapid transformation thanks to new technology and high rates of innovation, which in many cases is being driven by some visionary entrepreneurs, including Dr Richard Lohwasser and Dr Kyung-Hun Ha


Meet The Men Who Ditched Well Paid Jobs In Big Energy To Tackle Climate Change

For many years, Richard Lohwasser and Kyung-Hun Ha were highly paid executives at large energy utility companies in Germany.
“I was making really good money,” Ha said. He had regular 9-to-5 hours, and the firm provided him with a big BMW and ample vacation time.


Handelsblatt

Immer mehr junge Stromanbieter drängen auf den Markt. Sie wollen großen Versorgern wie Eon, Vattenfall oder EnBW die Kunden streitig machen. Ob Lition, …

Wie digitale Grünstrom-Start-ups den Markt aufmischen

deutsche-startups

Mit Lition wollen Kyung-Hun Ha und Richard Lohwasser einen neuen Energieversorger etablieren. “Wir haben ein innovatives Konzept, das unseren Kunden ermöglicht durch Blockchain-Technologie, 100 % Grünstrom zu günstigsten Abschlägen zu beziehen”

7 junge Startups, die wir ganz genau im Blick behalten

Der Blockchain-Energiemarktplatz

Kunden mit Ökostrom-Erzeugern verbinden, per digitalem Marktplatz und Blockchain-Technologie: Zwei Tech-Gründer wollen den Energiemarkt revolutionieren. Lition ist das vierte Startup in unserer Vorstellungsrunde für den Energiewende-Newcomer 2019.
12.02.2019 – Lition ist ein digitaler Energiemarktplatz, eine Energiehandelsplattform, die Stromkunden via Blockchain-Technologie direkt mit grünen Produzenten verbindet. Die funktionierende Verwendung einer Blockchain-Technologie für direkten Stromeinkauf ist weltweit einzigartig, sagen die beiden Gründer Richard Lohwasser und Kyung-Hun Ha.


Cointelegraph

Lition, a commercial blockchain, announced on Feb. 18 that Microsoft has officially brought Lition blockchain solution to its Azure cloud marketplace.  
This makes Lition one of the few public/private blockchains currently supported by a major cloud provider like Microsoft. Microsoft also became the first to bring blockchain to the cloud and continues to remain at the cutting edge of blockchain adoption.

Cloud Giant Microsoft Azure Embraces Commercial Blockchain

Die Blockchain liefert volle Transparenz

Die Blockchain-Technologie hat im Finanzsektor bereits Fuß gefasst. Im Energiesektor beginnt man erst, ihre Möglichkeiten auszuloten. Das Start-up Lition Energie zeigt, was heute schon möglich ist: Dazu vernetzt es Grünstrom-Anlagen über eine Blockchain-Plattform und bietet so Endkunden die bilanzielle Belieferung mit Erneuerbaren-Strom zum tagesaktuell günstigsten Preis. Kyung-Hun Ha, COO Lition Energie GmbH, erläuterte im Gespräch mit ener|gate Redakteur Daniel Zugehör den Stand der Dinge und Anwendungsszenarien der Blockchain in der Energiewirtschaft.


Ökostrom trifft Blockchain: Berliner Startup Lition nutzt dezentrale Datenbanken, um Kraftwerke und Endkunden zu verbinden

Bei Lition sollen alle profitieren: Ökostrom-Kraftwerke können ihre Energie zu...


Ladestrom von der Laterne

Straßenlaternen als E-Auto- Ladepunkte — die Idee hatten die Gründer von Ubitricity schon vor zehn Jahren. Doch das Unternehmen von Frank Pawlitschek und Knut Hechtfi- scher sorgte zuerst in London für Furore, nicht in seiner „Heimatstadt"Berlin. In der britischen Hauptstadt werden immer mehr Lichtmasten la- detauglich. Nun zieht Berlin nach: 1000 Straßenlaternen sollen in zwei Bezirken von Ubitricity zum Laden umge- rüstet werden, außerdem 600 Ladepunkte in Privatgebäuden.


Ethereum Energy Project Now Powers 700 Households in 10 Cities

A little-known ethereum project called Lition is quietly helping real German citizens find cheaper energy.
Launched earlier this year, Lition is already a licensed energy supplier in Germany with clients in 12 major cities (including Berlin, Hamburg and Munich) who are now using its decentralized energy market. Built on top of the ethereum blockchain, the Lition market connects consumers directly with energy producers big and small.


Lition signs a Co-innovation Agreement with SAP.

Lition signs a Co-innovation Agreement with SAP. The technology partners are exploring the development of a public-private blockchain for business in mass markets.
BERLIN, Germany, Dec. 17th 2018 - Lition, the blockchain tech start-up known for the world's first blockchain based P2P energy exchange in a mass market and SAP SE, the market leader for enterprise application software, have signed a co-innovation agreement to address current shortfalls of distributed ledger technology (DLT).
The technology partnership was first announced at the Consensus Conference in New York City in May 2018 by Torsten Zube, Head of Blockchain at SAP.
Blockchain experts know the limitations of current-generation blockchain technologies, such as
* the secure exchange of private data in distributed environments
* scalability (block confirmation time and transaction costs)
* compliance to regulatory requirements like deletion of data (GDPR compliance)
hinder a mass market adoption of blockchain technology.


When It Comes to Green Energy’s Blockchain Revolution, Lition Is Ahead of the Pack

Among the vanguard companies leading the change towards a decentralized green energy blockchain system is Germany’s Lition which is working with global technology giant SAP on its blockchain solution. Their platform was developed to connect consumers directly with green energy producers and give them more choice over where their energy comes from and how much they pay for it. Because Lition is built on blockchain technology it makes the process of buying energy directly from producers much easier, since transparent smart contracts eliminate the need for third-party brokers.


BTC ECHO


BTC-ECHO: Was war für euch der Anlass, Lition zu gründen?
Richard Lohwasser: Mein Mitgründer und ich sind zehn Jahre lang in der Energiebranche tätig gewesen. Ich war bei McKinsey, Vattenfall und zuletzt bei ExtraEnergie. Immer wieder haben wir versucht, frischen Wind in unsere Branche zu bringen. Obwohl ich zuletzt sogar Geschäftsführer war, ist es mir nicht gelungen, innovative Konzepte auszuprobieren. Es gab immer ein Nein. Die Branche ist nicht umsonst eine der rückständigsten.

Richard Lohwasser im Interview: „Die Branche ist eine der rückständigsten“

Blockchain In Energy Use Case #2: Lition

Lition is a p2p energy trading platform that connects clean energy producers and suppliers directly with end users on the blockchain. We launched our energy exchange dApp in April 2018...


Passing the test with flying colors: Securing employee accreditation through Blockchain

In today’s fast-paced world, businesses need to ensure their employees are well versed in relevant technology, regulations...


Lition: The Backstory To A $22M Syndicated Loan, Product Pivots, And Everything Else In Between

Lition has developed an enterprise public-private blockchain on top of ethereum with a deletable blockchain protocol. The company recently raised $2,000,000 from its seed investors, $900,000 during the enterprise round and then Lition went on to announce its public token sale, which sold out.


Blockchain-Stromhandel: Warum die Gasag Lition fördert

Wie viele etablierte Versorger sucht die Berliner Gasag nach neuen Geschäftsmodellen. Das Start-up Lition soll dabei helfen...


German Startup Lition Starts Fire Amidst Crypto Winter

German blockchain startup Lition has overcome the chill of the crypto winter in their ICO, reaching their first-round cap of $500k in only 13 minutes and 41 seconds! The success of their fundraise is indicative of a maturing ICO market, where successful companies are those with qualified teams and a proven track record of results.


Don’t Judge a Blockchain Startup By Its Cover

Blockchain startups have largely been expert showmen in 2018, complete with slick media campaigns, modern websites and expert presentations.
Any serious business needs professional looking marketing, and being plugged in to the latest in technology, many of these startups mastered the look.
Unfortunately, any serious endeavor also needs a serious business plan to backup all of that sweet, sweet marketing, and that is what most blockchain startups lack.s with the German government


Blockchain Needs to Remember the Right to Forget

Last week I met with the blockchain startup Lition, which promises to solve the blockchain vs. GDPR conflict on a technological layer.
Why should you care about what they have to say?

These folks cooperate with the largest German software company SAP
They launched a consumer-ready decentralized energy market place
They have recently discussed the STO regulations with the German government



German Finance Ministry Calls for Regulated Blockchain Securities Market

The bill now exists in the form of “discussion materials” and has been discussed by German lawmakers and government bodies behind closed doors, said Richard Lohwasser, the CEO of blockchain startup Lition, which has been advising Heilmann on the new legislative proposal


Lition vai lançar testnet da primeira “blockchain deletável” do mundo

A startup da blockchain Lition vai realizar o lançamento da suas testnet no dia 21 de fevereiro, com direito a live especial no YouTube. O evento tem como objetivo mostrar para o publico as capacidades técnicas da blockchain Lition.
A Lition é um projeto interessante por causa da natureza da sua rede. Ela é a primeira (e por enquanto a única) blockchain do mercado a oferecer transparência, acessibilidade e “deletabilidade”. Ela consegue realizar esse procedimento utilizando uma rede principal imutável com sidechains deletáveis. A testnet terá como objetivo garantir que toas as funcionalidades da blockchain


借力：立即部署区块链

2018年，人们纷纷看好区块链的前景。年初的比特币繁荣和崩溃让加密技术和区块链成为人们关注的焦点，此后，比特币一直是众多科技、金融和创新讨论的主要内容。主要的出版媒体争相将整个新闻团队都投入到报道加密技术， 据报道，大多数《财富》500强公司都将区块链纳入其商业模式，美国国会举行听证会，试图了解加密技术的性质。如果说2017年是比特币吸引世界关注的一年，那么在 2018年，世界将试图了解这一现象背后的技术


Power To The People: Deploying Blockchain Today

Blockchain made big promises in 2018. The Bitcoin boom and crash at the beginning of the year catapulted both crypto and blockchain into the spotlight, where it has commanded much of the tech, finance and innovation conversations ever since.


Why the Energy Sector Meets the Conditions for Decentralization

It makes sense. When Facebook is listening to your conversations and tailoring ad content accordingly, and Equifax is losing credit card and social security numbers by the millions, burning the old house to the ground seems like a plausible solution.
Blockchain startups left and right have latched onto this ethos of disruption, vowing to fundamentally redefine established industries from the bottom up.


Power to the People: How Energy Works on the Blockchain and Why Entrepreneurs Should Pay Attention

The UN’s Intergovernmental Panel on Climate Change recently issued a stern warning: End humanity’s dependence on fossil fuels within a decade or become directly responsible for not halting irreversible climate change. Clearly we have to pay attention to climate change. And, here, one of the biggest areas we can change is the power sector; that's because, currently, 33 percent of the world’s power comes from oil, while coal is responsible for 28 percent, and natural gas, 24 percent


리티온, 블록체인∙AI 결합 플랫폼…친환경 에너지 혁명 ‘속도’

[한국금융신문 김수정 기자] 리티온 (Lition)이 블록체인과 사물인터넷(IoT), 인공지능(AI) 등 기술이 결합된 플랫폼을 내세워 친환경 에너지 혁명을 가속화하고 있다. 리티온은 블록체인과 더불어 IoT, AI 기술까지 사용자에게 제공하는 세계 최초의 블록체인 P2P 친환경 에너지 거래 플랫폼이다. 지난 3월 베를린에서 출범해 에너지 공급자 라이선스를 취득했다


NEWS Lition applies Blockchain Technology and AI to accelerate the green energy revolution

While governments around the world move at a snail’s pace to implement regulations to combat climate change, consumers are starting to take things into their own hands by adopting new technologies to help them reduce their energy usage and access green energy sources on their own terms. One company that offers its users the capabilities of IoT, AI, and blockchain technologies all rolled into one is Lition, the world’s first blockchain peer-to-peer green energy trading platform


Cidades Inteligentes e a Revolução Energética Verde

O mundo está rapidamente se tornando mais urbanizado, com 60% da população global projetada para residir em cidades até 2050. A expansão urbana coloca pressões extras sobre as cidades e suas infra-estruturas, e uma das maiores dificuldades enfrentadas pelas cidades hoje é sua dependência de rede elétrica desatualizada sistemas


智能城市与绿色能源革命 (Lition)

市及其基础设施带来了额外的压力 如今城市面临的最大负担之一是其对过时电网系统的依赖。许多管辖区已经在规划“智能电网”技术形式的未来绿色能源输送解决方案。2016年，数字城市技术支出估计约为800亿美
&nbsp;


Lition veux révolutionner le secteur de l’énergie grâce à un système Blockchain pour l’échange d’énergie

Le concept de Lition : connecter l’énergie verte et les consommateurs
Le Lition Energy Exchange apporte transparence et durabilité dans le système énergétique actuellement fermé en connectant directement les producteurs d’énergie verte aux consommateurs intelligents. Grâce à la nouvelle technologie Blockchain de Lition, les producteurs d’énergie bénéficieront d’un rendement supérieur de 30 %, tandis que les consommateurs paieront 20 % moins cher. Lition rend cela possible en supprimant des intermédiaires et en mettant en place des structures d’entreprise allégées et des processus efficaces. En mars, le fournisseur d’énergie basé à Berlin a reçu des licences d’énergie difficiles à obtenir et a déjà construit une importante base de clients couvrant 11 villes allemandes.


Lition将成为绿色能源的区块链革命的佼佼者

全球司法机构正努力对可再生能源采取更加灵活的政策。7月，美国无党派政策智库外交关系委员会(CFR)发表了一份报告，阐述了区块链技术在未来十年中可能发挥的重要作用。


리션 &#8220;그린 에너지 부문 블록체인 혁신 주도&#8221;

독일 그린 에너지 블록체인 거래 플랫폼인 '리션(Lition)'이 주목받고 있다. 소비자는 리션 플랫폼에서 전력 공급자와 가격을 선택해 그린 에너지 생산자와 직접 거래할 수 있다. 블록체인 기술 특성인 '스마트 컨트랙트' 기술을 활용, 제3자 중개인이 필요 없다.
21일 리션 CEO 리하르트 로바서(Richard Lohwasser) 박사는 “현재는 에너지 공급 시스템이 효율성과 가격 경쟁력이 낮고, 또 소비자들은 공식 전력 시스템에서 공급하는 에너지에 대해 잘 모르고 구매한다”며 “뿐만아니라 전력 공급 시스템이 너무 복잡하고 불투명해 소비자들이 에너지원을 정확히 파악할 수 없다. 석탄 에너지조차 ‘그린’이라는 명칭을 달고 비싼 가격에 팔리는 실정이다"며 '리션' 플랫폼의 필요성을 설명했다.


Lition is the world’s first operational peer-to-peer energy trading platform

“Bringing power to the people,” is the motto of Berlin-based Lition, and the green energy blockchain trading platform is poised to do that globally.


리션(Lition), P2P 에너지 거래 플랫폼&#8217; 소개

친환경 에너지 블록체인 거래 플랫폼 '리션(Lition)'이 주목받고 있다. 이 플랫폼은 현재 폐쇄된 에너지 시스템에 투명성과 지속 가능성을 가져올 것으로 전망된다. 블록체인 애플리케이션을 통해 친환경 에너지 생산자와 소비자를 직접 연결하여 시너지 효과 창출에 기여한다.


리션(Lition), &#8216;P2P 에너지 거래 플랫폼&#8217; 소개

Lition &#8211; 世界初のピアツーピアエネルギー取引プラットフォーム

ベルリンを拠点とするLitionのモットーは、「人にパワーを届ける」であり、このグリーンエネルギーブロックチェーンの取引プラットフォームは、世界にその姿勢を示しています。


Gasag kooperiert mit Blockchain-Plattform

Berlin (energate) - Der Berliner Energieversorger Gasag bringt Grünstrom-Anlagen in eine Blockchain-Plattform ein. Dazu kooperiert das Unternehmen mit der Lition Energie GmbH.


Blockchain-Technologie vernetzt Konsumenten und Erzeuger direkt

Berlin (ots) - LITION verbindet Konsumenten und Erzeuger auf direktem Wege über eine eigens entwickelte Energiebörse. Die digitale Plattform basiert auf der neuen Blockchain-Technologie.


Berlin (ots) - LITION verbindet Konsumenten und Erzeuger auf direktem Wege über eine eigens entwickelte Energiebörse. Die digitale Plattform basiert auf der neuen Blockchain-Technologie. Dafür startet LITION mit Erneuerbaren Energien-Anlagen der GASAG. Die Energiebörse für Jedermann ist seit Mai 2018 auf dem Markt und kooperiert nicht nur mit nachhaltigen Erzeugungseinheiten, sondern auch bei Abrechnung und Service mit der GASAG-Gruppe.


Berlin-based energy start-up Lition brings power to the people

The company is already licensed as an energy supplier in Germany and has built up a growing client base in 11 German cities. Lition’s fully functional platform is already available to 41 million households in Germany. B


Первым делом потребитель

«Принося энергию людям» — с таким девизом блокчейн-платформа Lition, продающая природосберегающую возобновляемую энергию, начинает этим летом публичный ICO.


Lition is The World’s First Operational Peer-to-Peer Energy Trading Platform

“Bringing power to the people,” is the motto of Berlin-based Lition, and the green energy blockchain trading platform is poised to do that globally..


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