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Cardano Foundation Partners With Brazil’s State-Owned Oil Company for Blockchain Education – Yahoo Finance

Posted on August 22, 2024August 22, 2024 By blockchain expert

Cardano Foundation Partners With Brazil’s State-Owned Oil Company for Blockchain Education

The Cardano Foundation has announced a strategic partnership with Petrobras, Brazil’s state-owned oil company, to provide blockchain education and explore technology use cases in the energy sector.

Founded in 1953, Petrobras is the largest corporation in Brazil and South America, with revenues of $124.7 billion in 2022. The partnership marks a significant milestone for the Cardano Foundation, demonstrating the growing demand for blockchain education and the expanding reach of the Cardano ecosystem.

The education program will cover a wide range of blockchain applications and use cases, along with interactive quizzes to enhance learning. To mark the launch of the program, two workshops were conducted in the metaverse, focusing on blockchain regulations in Brazil and around the world.

Frederik Gregaard, Cardano Foundation CEO, stated: “We are excited to partner with Petrobras and look forward to working together to educate and explore new use cases for blockchain technology.”

Participants who complete the blockchain training will receive a certificate. Additionally, the first 500 participants will be rewarded with unique non-fungible tokens (NFTs) co-created with the Petrobras Education Board. These NFTs will dynamically change to reflect each participant’s progress and milestones throughout the training.

The Cardano Foundation’s partnership with Petrobras aligns with one of Cardano’s key five-year objectives, unveiled in 2021: to strengthen relationships with Fortune 500 companies, increase diversity in on-chain activity, and expand blockchain use cases to a wider range of industries.

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