Brazilian state-controlled energy giant Petrobras has announced the launch of two new applications based on the Cardano blockchain to trace low-carbon fuels. These applications focus on sustainable aviation fuel (SAF) and Diesel R, a diesel product with renewable content. Cardano technology enables the traceable allocation and verification of environmental certificates to airlines or individual passengers. This collaboration extends an existing partnership with the Cardano Foundation, which had already trained Petrobras employees in December 2023. The native ADA token was trading at approximately $0.245 with a market capitalization of around $9.3 billion, but this initiative does not mean ADA adoption as a payment method.
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