Company incorporated; Initial Fundraising; Licensing process for electricity supplier initiated' Alpha version of app; First partnership initiated.
License as electricity supplier in Germany obtained; Energy trading platform beta-test; First green power plants connected to Lition Energy Exchange; First employees on board (4 internal and 6 external).
Lition tarrifs are available to mass-market (>41 million households); First Customers connected (household and SMEs); Scaling up connected green power plants to 18 GWh in Germany; Integration of smart reader use case;
Business requirements for blockchain infrastructure specified; Design of technical blockchain architecture initiated; Technical advisory with SAP starts.
Use case for electric vehicles piloted (with Chinese partner); Use case for P2P applied for energy retailing piloted (with Asian partner); Leading energy partners onboarded;
Lition staff grows to 25 (internal and external); Lition representative office opened in China; Technical whitepaper released; Blockchain prototype; Development with leading tech partner starts.
Commercial readiness for electric vehicle charging use case (with Chinese partner); Launch of time-sensitive tariffs for customers with smart readers;
Expansion to Asian partners with P2P use case; Testnet MVP ready; Testnet blockchain API; Testnet Dev. Toolkit, Dev&Admin release.
Expansion of P2P trading use case also for large industrial clients; Launch of smart grid use case; Launch of energy-data driven recommendation use case;
Testnet 1.0 Public release; First use cases migrated dApp Partners onboarded; Team Scale-Up.
Growth of partner network within Energy sector; First pilots of regulated industries outside Energy sector that deal with private data; Mainnet 1.0 Public release; Testnet Update; Large-scale use case migration.
Large-scale marketing for ecosystem; Worldwide commercial, large-scale use cases of industries outside of Energy (mainly Healthcare, Finance); Mainnet 2.0 Public release with full set of features.