Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel

Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel

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Brazilian state-controlled oil company Petrobras has developed two blockchain applications using Cardano to track sustainability data for sustainable aviation fuel (SAF) and its Diesel R renewable fuel.

According to a Wednesday announcement from the Cardano Foundation, the first application, developed with PUC-Rio’s Ledger Labs, tokenizes environmental attributes associated with SAF into digital tokens designed to prevent the same claim from being used more than once.

Related: Brazil puts tokenized cows to work as loan collateral: Report Shell has also used blockchain to track environmental attributes associated with sustainable aviation fuel through Avelia, a Book-and-Claim platform launched in 2022 that uses blockchain to track claims and prevent double counting.

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