Blockchain Underpinning Much of Germany’s Renewable Energy Evolution
Cointelegraph spoke to Richard Lohwasser, the co-founder and CEO of Lition Energie — a Berlin-based greentech startup that has launched a blockchain-based marketplace allowing consumers to choose between multiple energy providers — to discuss how DLT is being used across Germany’s evolving energy sector. After being founded in late 2017, Lition was licensed as an energy supplier by German regulators in March of the next year and began providing power to customers the following month.
RT: Lition provides a platform where consumers can directly connect to a producer of choice, while producers can sell their energy at more favorable prices. Besides the energy business, Lition is also providing consultations and a technological framework to the businesses that want to take their first steps into the blockchain sphere.
