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Cardano Foundation Teams Up with Petrobras for Blockchain Education and Expansion in Energy Sector

Algoine News
Summary:
The Cardano Foundation is partnering with Petrobras, Brazil's state-owned oil company, to offer blockchain education through workshops for Petrobras' 45,000 employees. Additionally, they aim to explore new blockchain applications specific to the energy sector. The collaboration is aligned with Cardano's strategy to strengthen ties with Fortune 500 companies and broaden the use of blockchain technology across different industries.
In a collaboration with Petrobras, Brazil's government-run oil firm, the Cardano Foundation is gearing up to impart blockchain knowledge and delve into its potential applications within the energy industry. A public statement released on December 20th revealed that the foundation will spearhead blockchain educational workshops for Petrobras' robust workforce of 45,000. The instructional content from Cardano Academy will be provided through Petrobras University. Petrobras, established in 1953, stands as South America's and Brazil's largest enterprise, boasting revenues amounting to $124.7 billion in 2022. The sphere of the program encompasses a variety of blockchain functions and usage scenarios, and incorporates interactive tests. The initiation of the program witnessed the Cardano Foundation hosting two workshops in the Metaverse, focusing on blockchain regulations locally in Brazil and internationally. "Joining forces with Petrobras— a Fortune 500 entity and one of the world's mega public companies— underscores the demand from businesses for blockchain tutelage, and signifies the expanding influence of the Cardano Foundation and its mandate. We eagerly embark on this partnership with Petrobras, keen to both enlighten and ascertain fresh uses for the blockchain technology," commented Frederik Gregaard, the CEO of Cardano Foundation. Attendees who successfully complete the blockchain course will be awarded certificates. Furthermore, the inaugural 500 trainees will acquire special nonfungible tokens (NFTs), conceived in sync with Petrobras Education Board. These NFTs will dynamically modify to document the individual progress and achievements of each participant throughout the course, giving a digital log and display of their personal accomplishments. The Cardano Foundation is committed to endorsing and fostering the Cardano blockchain ecosystem. The foundation commands a crucial role in propelling the platform’s growth and acceptance. The affiliation corresponds with one of Cardano’s key five-year goals, unveiled in 2021. The foundation had then disclosed its strategy to enhance ties with Fortune 500 firms, aspiring to diversify on-chain activity and broaden the applicability of blockchain across numerous sectors.Magazine: Decoding crypto — Zero-knowledge proofs exhibit potential beyond finance to voting.

Published At

12/20/2023 6:02:40 PM

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