Lition is a digital marketplace connecting consumers directly with renewable energy producers – simple, fair and inexpensive.
The objective of the project was to implement a blockchain infrastructure based trading platform for open and direct energy trading.
Lition approached instinctools with an idea of creating a platform for direct energy exchange within Lition Energy System. The goal of the project was to simplify the legal, operational and economic hurdles for green power producers while facilitating customers to buy truly green electricity at a reduced price.
An initial consulting phase ensured clarification of customer needs and purpose of the product. It helped to determine the main tasks for the *instinctools team:
Well-organized development process from goals and needs decision to solution architecture allowed to create the product with the following key features:
The platform is currently the key product of the Lition and commercially available for 41 million households in Germany. Customers from more than 30 cities save up to 20% on their monthly energy bill, and producers generate up to 30% more profit. The solution gives users a possibility to support ecological energy plants and help to save the environment.
“The expectations for the quality of the initial product were very high. I think *instinctools did a great job ensuring those expectations are met. We met the developers we were going to be working with and it quickly became apparent that they are very qualified and were able to deliver the vision that we had from our side for the product. They clearly told us what they were going to do, and if there were questions or problems along the way, they clarified them really quickly thanks to transparent communication.”
– Richard Lohwasser, Co-founder and CEO of Lition
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