Petrobras developed two Cardano-based applications to track sustainability claims tied to aviation fuel and renewable diesel as part of an ongoing research collaboration. 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. The application uses a Book-and-Claim model, which allows the environmental benefit to be separated from the physical fuel and assigned to an airline, company or passenger even if the SAF is used elsewhere. Read more
Input Output Group told users to avoid its YouTube channel after it began livestreaming a suspected AI-manipulated Charles Hoskinson video promising to “double your wealth.” Input Output Group has urged users to avoid its YouTube channel, with the channel on Friday livestreaming a suspected AI-manipulated video of Cardano founder Charles Hoskinson promoting a crypto giveaway. The livestream purported to be a town hall for Project Catalyst, a decentralized community innovation fund and grant program. It was live for nearly two hours. Source: YouTube Read more
The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year. Cardano has activated its van Rossem hard fork as of Saturday, upgrading the Cardano mainnet to version 11, which is expected to lower smart contract execution costs and lay the groundwork for Ouroboros Leios, a major scalability upgrade for the protocol. Onchain data from Cardanoscan shows the network moved from Protocol Version 10 in epoch 643 to Version 11 in epoch 644. “As well as Plutus improvements and Plutus Cost Model enhancements, this upgrade lays the foundation for the next upgrade, the Dijkstra era hard fork, which will introduce Ouroboros Leios to Cardano,” Input Output wrote in a weekly development report on Friday. Read more