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.
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.
Co-founder and CEO of Lition