Petrobras wants to undermine Bitcoin

Petrobras, one of the largest oil companies in the world, launched a research and development project to experiment with Bitcoin mining and other areas of emerging technology. Tokenization and web3 are also an integral part of this Petrobras initiative.

Through LinkedIn, Marcelo A. Curi, specialist in Tokenization and Web3, Indian That the Petrobras research project is focused, among other things, on Bitcoin mining and applications in other consensus mechanisms. “In addition to studies on business/processes modeling with a powerful innovative framework, in favor of value networks in the transition to a low carbon,” he said.

The project will be led by the specialist Rodrigo Chaves, while Curi will work as head of implementation and alternate coordinator. Different entities will participate, including the Center for Research, Development and Innovation (CENPE) and the Petrobras University. The Ledgerlabs company will also form the project. According to Curi, all those involved “are working together to create the future.”

“The research and development project barely begins. Information about the project results will be communicated in due time, “said Curi, who said that” it is always important to see interest in the subject and that people are trained. It is a growth field of qualified professional activity. ”

According to Curi, that Petrobras is oriented towards the exploration of the emerging ecosystem “is not a coincidence”, remembering that Brazil It is one of the pioneer countries in the regulation of cryptocurrencies.

Now, it is not the first time that a Latin American oil company demonstrates interest in getting involved in the Bitcoin mining business. In Argentina, Tecpetrol, Plus Petrol and Fiscal Petroleum Plus Argentina (YPF Argentina) Bitcoin began to undermine using gasiferous surpluses of its oil production, as reported by cryptootics.

The participation of companies in the oil sector in Bitcoin mining has a significant importance. This counteracts the narrative that this activity contaminates the environment. By using natural gas surpluses that are normally released to the atmosphere, these companies are not only finding a new source of income, but also They are reducing greenhouse gas emissions.

Instead of burning, gas can be used to feed Bitcoin miners. Source: Pixabay.

Bitcoin mining with these resources can transform a byproduct of the oil industry into an energetically efficient operation and less harmful to the environment.

This Petrobras project represents another step in the integration of disruptive technologies in traditional industries. Bitcoin mining, which demands large amounts of energy, finds in the oil industry a potential ally to use energy that would otherwise be wasted. This opens the door to new synergies between sectors that have traditionally been separated.

The Petrobras initiative also reflects a global trend towards innovation and sustainability in the energy industry. The exploration of technologies such as Tokenization and Web3 suggests that Petrobras is not only looking towards the future of energy, but also towards new ways of managing and valuing their assets.

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