The company is already licenced as an energy provider in germany and has engineered up a growing consumer base in eleven German cities. Lition’s absolutely useful platform is already obtainable to forty one million households in Germany. By bypassing unessential middlemen, Lition’s Energy Exchange saves customers a mean of 2 hundredth on their utility bills whereas at the same time increasing power station revenue by up to half-hour.
Meeting world energy wants nowadays is complicated and inefficient. The energy production sector is dominated by pricy transnational players with excess profit ambitions, whereas the energy transmission and distribution method is crammed with inefficient intermediaries. These factors add up to high costs for shoppers, United Nations agency can’t continuously make sure wherever their energy is sourced. The Lition platform deploys blockchain-based good contracts at the side of smart-meter IoT technology to change consumers to directly access energy services supported price and mode of production in addition as period consumption rating.
Using Lition’s easy interface, customers gain complete control and full transparency over their energy offer and consumption patterns. With many clicks, Lition customers will simply change settings to access lower costs and choose most popular suppliers that align with their environmental priorities- all whereas enjoying a seamless, reliable and uninterrupted energy offer.
Lition’s latest blockchain technology simplifies the method of shopping for energy directly from green producers of any scale by using clear sensible contracts that enable customers to bypass all of the quality of energy distribution brokers. customers also can bypass stifling territorial laws and tariffs. It’s a technology that additionally skirts difficult technical and operational barriers to potential suppliers, thereby ultimately shifting power from giant utility corporations into the hands of customers and smaller renewable energy suppliers. This adds up to unexampled client savings, all whereas guaranteeing that more cash winds up with the clean energy producer.