TomoChain and Lition Strengthen Partnership to expand Blockchain Enterprise Solutions across Europe and Asia

TomoChain Publisher
TomoChain
Published in
3 min readSep 14, 2020

TomoChain and Lition are expanding on their existing relationship towards a deeper integration of both technology and business development. Our goal is to collectively extend access to enterprise-based blockchain solutions across both Europe and Asia, leveraging our respective understandings and expertise.

Lition has built up a strong network of industry participants across governments, blockchain, and the energy sector in Europe. Lition will use this expertise to help TomoChain navigate through the complex European regulatory framework in order to open new opportunities in that market. Likewise, TomoChain will share its own enterprise expertise, based on its ongoing TomoChain Japan operations to explore collaborative enterprise developments in Asia.

A core part of the updated partnership is the sharing of technical resources. TomoChain’s engineering team will be collaborating with Lition’s to help with further developing and refining Lition’s solutions while learning from their current successes in Europe as a blockchain case study for having already commercialized itself within the energy sector.

We look forward to this new phase of cooperation with Lition and in forging a stronger relationship to tackle enterprise on the blockchain together.

TomoChain CFO and co-founder Le Ho: “When it comes to enterprise adoption of blockchain, collaboration is key across technology providers. The strategic cooperation with Lition gives us access to a highly respected and trusted partner to help formalise our blockchain offering in the heavily regulated European market. By working closely across technology and business development, we will make it easier for companies to access and benefit from business-specific blockchain solutions. Ultimately, a deep and fruitful relationship between TomoChain and Lition will accelerate the business value that blockchain technology can deliver”

“We’re delighted to work with the TomoChain towards a shared vision of empowering businesses across the European and Asian markets with enterprise-ready blockchain solutions,” said Lition COO and co-founder Dr. Kyung-Hun Ha. “This collaboration presents a remarkable opportunity and it underscores our strong belief in the TomoChain team and the gateways they are building into blockchain and DeFi that are essential for mainstream adoption of the technologies.”

About Lition

Lition is developing a public-private blockchain infrastructure with deletable data features to enable businesses to bring innovative blockchain applications to the mass-market that are legally compliant with the GDPR. The solution is co-innovated with SAP, the world’s leading business Software Company.

Lition Energy is the world’s first P2P mass market energy trading platform that connects clean energy suppliers directly with end users on the blockchain. The platform gives consumers access to green energy at a cheaper price while also empowering them to choose the type and source. Lition already supplies affordable green energy to customers in over 1000 cities across Germany.

Learn more about Lition: Website | Telegram | Twitter

About TomoChain

TomoChain is a scalable blockchain-powered via the advanced Proof-of-Stake Voting consensus and used commercially by companies globally. Our mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of blockchain, all while retaining its underlying benefits.

TomoChain’s technology and DeFi-focused flagship products include:

  • Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatible
  • An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.

Learn more about TomoChain: Website | Telegram | Twitter | Forum

--

--