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/biz/ - Business & Finance


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14584946 No.14584946 [Reply] [Original]

"Co-innovation" is just using some SAP engine called Leonardo. Fucking KEK. The other project that did the same was Modum, which died a slow and agonizing death.

>> No.14584987

>>14584946
Huh this looks like decent FUD

I'm a brainlet so can anyone smarter tell me if this anon is onto something? I know modum is a dead project

t.2k litlet

>> No.14585005

Article here:

https://www.pcmag.com/news/361209/consensys-deloitte-and-sap-tip-enterprise-blockchain-moves

>> No.14585008

>>14584987
In for explanation as well. 50/50 vidt and lit rn

>> No.14585062
File: 233 KB, 1439x1483, 1562258077124.jpg [View same] [iqdb] [saucenao] [google]
14585062

>>14584987
>>14585008
https://www.sap.com/dmc/exp/2017_04_coil_directory/index.html

You know what else is fishy? When you google 'SAP Lition', all you get is hits on the Lition websites, Lition twitter and cryptosites re-posting these things.

There is absolutely NO official SAP acknowledgement whatsoever.

>> No.14585073

Lition signs a Co-innovation Agreement with SAP. The technology partners are exploring the development of a public-private blockchain for business.

The technology partnership was first announced at the Consensus Conference in New York City in May 2018 by Torsten Zube, Head of Blockchain at SAP.

Blockchain experts know the limitations of current-generation blockchain technologies, such as
* the secure exchange of private data in distributed environments
* scalability (block confirmation time and transaction costs)
* compliance to regulatory requirements like deletion of data (GDPR compliance) hinder a mass market adoption of blockchain technology.
Both companies have therefore been validating these topics in a series of workshops over the last half year. SAP is exploring a private, permissioned, decentralized technology for verifiable exchanges of data while Lition is focusing on a public, permission-less blockchain. Both companies strive to integrate these two parts to allow for private communication and publicly verifiable claims.

Currently, SAP and Lition blockchain developers are collaborating in design-thinking workshops, laying the foundation for the worlds first public-private blockchain with deletable data features for all business.
"Helping our customers solve their business challenges is always at the very center of what we do", said Torsten Zube, Head of Blockchain at SAP. "With this cooperation, we intend to explore better options to facilitate the value-adding adoption of blockchain or blockchain-influenced applications for real business use cases."

Dr. Richard Lohwasser, Lition's CEO commented, "This partnership is based on the distinct strengths of each company, bringing together Litions expertise of public blockchain requirements, agile mindset and high market launch velocity with SAP's strong development resources and powerful innovation capabilities. SAP is the ideal partner to co-innovate and create the go to blockchain standard for business.

>> No.14585117

>>14585073
Source?

If this is all real quotes it seems pretty serious

>> No.14585120

>>14585073
Google this and see what the source is:

Stephan Vogel I Head of Business Development I stephan.vogel@lition.de visit: https://www.lition.io/

DODGY
O
D
G
Y

>> No.14585125

>>14585062
https://www.dgap.de/dgap/News/corporate/lition-schliesst-eine-coinnovationsvereinbarung-mit-sap-die-technologie-partner-entwickeln-eine-hybride-publicprivate-blockchain-fuer-geschaeftsanwendungen-massenmarkt/?newsID=1116851

took me 10 sec

>> No.14585144

>>14585125
https://uk.finance.yahoo.com/news/lition-signs-co-innovation-agreement-090707661.html

another 10 sec

>> No.14585164

lol fudders gtfo
https://www.youtube.com/watch?v=LRHH_MQincY

I know you just want to buy cheaper but fuck off

>> No.14585167

>>14585144
https://www.boerse-online.de/nachrichten/aktien/coinsilium-group-limited-strategic-partnership-with-the-blockchain-infrastructure-company-lition-technology-ag-for-its-us$25m-token-sale-1027586425

1 min this time

>> No.14585177

>>14585125
>>14585144
Thanks anon

I will hold

>> No.14585200

>>14585117
https://www.google.com/amp/s/uk.finance.yahoo.com/amphtml/news/lition-signs-co-innovation-agreement-090707661.html

https://m.youtube.com/watch?v=FGZlO_Y8GAU

>> No.14585217

>>14585125
>>14585144
>>14585167
Thanks for proving my points, because these are all reposts of Press Releases released by... YOU GUESSED IT:

LITION ENERGY

These are not articles by actual reporters or authors.

>> No.14585248

>>14585217
you think sap don’t have lawyers lol

fuckin retard.

>> No.14585261

>>14585217
Let alone a press release by SAP itself. Literally provide me an actual official SAP source or press release. Some YouTube video doesn't count.

The "co-innovation" is a term made up by the team to conceal the fact that they are using SAP software, yet they blow it out of proportion and scream MUH SAP PARTNERSHIP.

>> No.14585336

>>14585261
theres the video of the SAP employee publicly announcing the partnership, and the SAP cto stating it in a video himself, but if you want to continue to ignore that i suppose you could cantact them directly and ask? if they're not working together im sure SAPS legal team will be in touch with lit

>> No.14585404

>>14585261
you don’t understand how this world works from your basement fud central command.

look if lition uses the name Sap on their logo, linked in, website,press releases, white paper without approval. sap would fuck their asses up big time. it’s a registered ltd. in germany and SAP is a dax company.

and the german government is pushing blockchain with their digitalization stuff. one guy from lition met with a german minister today.

>> No.14585422

>>14585261
Its SAP policy to not announce partnerships in press releases until it is LAUNCHED. public mainnet launch is in Q3 2019. This is when the SAP announcement will be.

Why would the CTO of SAP appear on a youtube video and confirm this partnership if it wasn't real?

>> No.14585482

>just using some SAP engine

cool moves lad but watch this:

https://www.youtube.com/watch?v=lXpBRHptyKk

>> No.14585527

>>14585422
Based.
Also head of blockchain (who is prob just under the ladder of the cto) retweets sap and lition tweets only.

>> No.14585557

ultimately, nice try at FUD op but the price isn't going down. I'd suggest getting as much as you can while we're still below 10 mil