The Cardano Foundation is joining forces with Brazil's state-owned oil company Petrobras to provide blockchain education and explore technology use cases in the energy sector.

According to an announcement on Dec. 20, the foundation will lead blockchain education workshops for Petrobras' 45,000 employees, with Cardano Academy content available via the Petrobras University. Founded in 1953, Petrobras is the largest corporation in Brazil and South America, with revenues of $124.7 billion in 2022.

The program’s scope will cover diverse blockchain applications and use cases, as well as interactive quizzes. To mark the launch of the program, the Cardano Foundation conducted two workshops in the Metaverse, looking at blockchain regulations in Brazil and around the world.

“Our partnership with Petrobras—a Fortune 500 company and one of the largest public companies in the world—highlights both the appetite from enterprise for blockchain education as well as the growing reach of the Cardano Foundation and its mission. We are excited to partner with Petrobras and look forward to working with them, both to educate and to explore new use cases for blockchain technology,” said Cardano Foundation CEO Frederik Gregaard.

Participants will receive a certificate upon completion of the blockchain training. In addition, the first 500 participants at the training will be gifted unique nonfungible tokens (NFTs), created in collaboration with the Petrobras Education Board. The NFTs will dynamically change to reflect each participant's progress and milestones throughout the training, serving as a digital tracker and showcase of their individual achievements.

The Cardano Foundation is dedicated to supporting and promoting the Cardano blockchain ecosystem. The foundation plays a key role in driving the platform’s development and adoption.

The partnership aligns with one of Cardano’s key five-year objectives, unveiled in 2021. At the time, the foundation announced its strategy to strengthen relationships with Fortune 500 companies, seeking to increase diversity in on-chain activity, as well as expanding blockchain use cases to a wider range of industries.

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