A little-known ethereum project called Lition is quietly helping real German citizens find cheaper energy.
Launched earlier this year, Lition is already a licensed energy supplier in Germany with clients in 12 major cities (including Berlin, Hamburg and Munich) who are now using its decentralized energy market. Built on top of the ethereum blockchain, the Lition market connects consumers directly with energy producers big and small.
In total, more than 700 households across Germany are now using the decentralized platform to buy their energy, according to the company.