Petrobras Unveils Two Cardano Blockchain Apps for Lower-Carbon Fuel Traceability

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Brazilian state-controlled energy giant Petrobras has unveiled two new Cardano-based blockchain applications focused on the traceability of lower-carbon fuels. The two applications mark the company's latest move into distributed-ledger technology for tracking its energy products. Petrobras is Brazil's state-controlled oil major, and the projects center on verifying the origin and movement of lower-carbon fuels. No financial terms or deployment timeline were disclosed.

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Petrobras unveiled two Cardano-based blockchain applications for lower-carbon fuel traceability, a concrete adoption of the Cardano network.

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