Cardano Secures Major Partner from Brazil: Oil Giant Brings Aviation Fuel to Blockchain! Here Are the Details

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Developed by Petrobras, the system represents each sustainable aviation fuel characteristic with a standardized token on Cardano. Tokens can be created, transferred, and permanently retired once the environmental benefit has been used up. This aims to prevent the same emission reduction from being claimed a second time.

Passengers can also enter their departure and arrival airports into the system to calculate the environmental benefit associated with their flight. They can then receive a verifiable document linked to a source fuel certificate.

The second project focuses on Diesel R, a product containing renewable raw materials such as vegetable or animal fats. The plan is to record data on Cardano throughout the fuel’s production, transportation, and usage phases. This data can help companies report indirect emissions from their suppliers and customers.

Both studies are still in the research phase. Neither Petrobras nor the Cardano Foundation has announced a date for large-scale commercial use of the systems. The amount of fuel being monitored and whether the projects will have a direct impact on ADA usage have also not yet been specified.

*This is not investment advice.

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