Neutral Lition opinions
Summary:
So far,1 of opinions have been recorded for Lition. These opinions are not investment recommendations but the community's perspective on Lition. Please do not make a purchase decision based on these Lition opinions.
Submit your opinion
We look forward to an honest and authentic assessment of this crypto currency.
Lition opinion #1
The Lition (LIT) network is a block chain whose partially public layer is intended to allow the subsequent deletion of content without breaking or weakening the general consensus of the chain. The reason is to comply with the regulations proclaimed by the EU such as GDPR (General Data Protection Regulation).
In cooperation with the software house SAP, work is being done on the development of LITION. This already shows that even well-known software giants have recognised the added value of the block chain technology.
As one of the first implemented dApps, peer-2-peer energy trading has been established, which has reached the mass market with real goods and revenues.
Further business areas are conceivable with SAP's development partner, as work is underway to ensure that SAP's existing customer base can be quickly adapted to the block chain.
It should be noted, however, that the development leads to a centralised block chain and the participants are less subject to decisions about the entire ecosystem.
All in all an interesting project, but not to be understood as Value of Exchange.