Cardano tapped by Brazil’s state oil giant to track cleaner jet fuel and diesel
Brazil's state oil company, Petrobras, is testing the Cardano blockchain to track sustainable aviation fuel and renewable diesel. The project aims to provide transparent provenance and traceability for carbon emissions reductions.
Why it matters
This represents a significant enterprise-level adoption of blockchain technology for environmental sustainability and supply chain transparency.
One covers sustainable aviation fuel, a lower-carbon alternative to conventional jet fuel that can be used in existing aircraft and airports. The other covers Diesel R, Petrobras’ diesel made partly from renewable materials such as vegetable oils or animal fats.
“Brazil has been one of the most consistent adopters of Cardano, from SERPRO in government to SENAI in industry. It's great to see Petrobras, one of the largest firms in the region, continue to see value in on-chain provenance and traceability,” Frederik Gregaard, chief executive of the Cardano Foundation, told CoinDesk.
“Institutional interest in Cardano keeps growing, especially with x402 arriving on Cardano and Fireblocks adding support for Cardano Native Tokens. It's never been a better time for enterprises to consider what this technology offers,” Gregaard added.
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