The Cardano Foundation has forged a strategic partnership with PUC-Rio, one of Brazil’s leading universities, to advance blockchain research. The collaboration, announced on April 15th, 2025, aims to develop blockchain technology applications in various sectors including finance, digital assets, decentralized organizations (DAOs), and blockchain economics. The Foundation and PUC-Rio plan to explore the application of this technology to the energy sector, working alongside Petrobras, Brazil’s national oil company. PUC-Rio’s Ledger Labs group will collaborate with the Cardano Foundation to investigate the potential of blockchain for business and finance applications. The partnership seeks to improve efficiency, security, and transparency within the energy sector, particularly with renewable energy processes.