Lition develops the next generation Blockchain Infrastructure - Token Sale for
Under the terms of the agreement
To achieve this, Lition works closely with SAP whose Global Head of Blockchain, Torsten Zube, announced the Lition-SAP partnership in SAP's keynote speech at the Consensus
To ensure adoption and obtain first-hand experience, Lition has developed and rolled out a decentralised application ('dApp') for peer-to-peer Energy trading, with revenue and customers from more than 10 cities at this time. This is the world's first use-case of a blockchain-powered decentralised application to be made available to a mass market of over 41 million households.
Lition will run the public mainnet and the Lition tokens will be used for transaction execution, staking and sidechain creation. The Lition token sale has now commenced its first phase, targeting institutional buyers by invitation only. The total funding target for the project is
The Directors of
For further information, please contact:
Eddy Travia, Chief Executive Officer +44 (0) 20 3889 4312
Guy Miller / Mark Anwyl +44 (0) 207 469 0930
Notes to Editor
Coinsilium is a blockchain venture builder, advisor and investor that finances and manages the development of early-stage blockchain technology companies. It does this through its consortium of top-tier investors, industry thought leaders and executive managers. Coinsilium's focus is on driving innovation in fintech and blockchain technologies, enabling businesses to take advantage of growth opportunities. Coinsilium also provides advisory services to companies planning token generation events.
Coinsilium shares are traded on NEX Exchange Growth Market, the primary market for unlisted securities operated by NEX Exchange, a Recognised Investment Exchange under the
For further information about Coinsilium please visit http://www.coinsilium.com
Lition is a blockchain infrastructure developer, with approx. 20 employees mostly out of Berlin. Lition's new blockchain infrastructure addresses key commercial and business issues that hindered blockchains to reach mainstream adoption so far. With its scalable public-private blockchain with 'deletable' data features it allows businesses and large enterprises to bring blockchain applications into mass-market adoption in a legally compliant way. Lition also developed and rolled out a use-case on P2P energy trading which is the world's first commercially live in a mass market with revenues and customers in over 10 cities.
For further information about Lition please visit: https://www.lition.io/
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