Cardano inks partnership with Brazil’s state-owned IT giant SERPRO

Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil.

Serviço Federal de Processamento de Dados, or SERPRO, is a leading software company. Meanwhile, the Swiss-based Cardano Foundation is a nonprofit organization supporting the development of the Cardano (ADA) blockchain network.

The two entities announced their landmark collaboration on Mar. 6. 

Why is this important?

SERPRO is the Brazilian government’s top technology partner, powering digital solutions for over 90% of the country’s federal administration.

Joining forces with SERPRO will help Cardano accelerate blockchain adoption across Latin America, the two entities said. Key focus areas of the collaboration include innovation and blockchain education, as well as digital infrastructure integration across the public sector.

Cardano’s blockchain, combined with SERPRO’s presence and expertise in public administration, will drive the government’s adoption of blockchain technology.

Up to 2,000 devs to benefit amid Cardano Academy programs

As part of this collaboration, SERPRO will bring the Cardano Academy program to its 8,000 employees. More than 2,000 of these are developers.

“This partnership represents a significant step forward in bringing blockchain technology to the heart of public sector innovation,” said Alexandre Gonçalves de Amorim, director-president of SERPRO.

He added:

“By combining SERPRO’s extensive public sector expertise with Cardano’s blockchain infrastructure, we’re positioning Brazil at the forefront of digital government transformation.”

Frederik Gregaard, the chief executive officer of Cardano Foundation, noted that teaming up with the government is a significant step. Other than helping to modernize Brazil’s public sector via blockchain technology, integration also means enhanced transparency and improved service delivery.

The partnership with SERPRO follows Cardano’s alliance with Petrobras, Brazil’s state-owned oil giant in December 2023. The strategic partnership also focused on blockchain integration and adoption in Brazil via initiatives of the Cardano Academy.

Cardano’s ADA is one of the top cryptocurrencies that recently exploded amid news around the U.S. strategic crypto reserve.