AB Charity Foundation Launches Global Operations with Blockchain-Driven Philanthropy
AB Charity Foundation Launches Global Operations with Blockchain-Driven Philanthropy
AB Charity Foundation has officially launched its global operations, introducing a groundbreaking approach to philanthropy by leveraging blockchain technology and transparent governance. Headquartered in Ireland and operating under EU law, the nonprofit aims to reshape public trust and sustainable development by bridging governments, civil society, and the tech community.
Leadership and Governance
The Foundation is led by a distinguished board of directors, chaired by Bertie Ahern, former Prime Minister of Ireland, and includes other former European heads of state. This leadership team underscores the organization's commitment to credibility and global influence. Additionally, a growing global advisory board is assembling respected figures from all continents to guide strategic initiatives and foster international collaboration.
Mission and Impact
At the core of AB Charity Foundation's mission is advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The organization envisions a "verifiable model of cooperative goodwill," powered by transparent governance and next-generation technology. Founders emphasize that the driving force behind change is not technology itself but shared consensus around trustworthy institutions and global cooperation.
Blockchain-Driven Philanthropy
Technically supported by AB DAO, the Foundation utilizes blockchain infrastructure to ensure transparency and accountability. A unique mechanism directs 15% to 30% of gas fees from transactions on the AB public chain into a dedicated charity pool. Additionally, 15% to 30% of returns from the AB Ecosystem Fund are allocated to the Foundation, enhancing its financial sustainability. This model combines on-chain fundraising, automated distribution, and full-chain auditability, ensuring every donation is traceable and every intention honored.
Vision for the Future
AB Charity Foundation aspires to become a scalable model for next-generation philanthropic infrastructure. By leveraging blockchain's inherent transparency, the organization aims to ensure that every donation is traceable, every distribution is verifiable, and every intention is fulfilled. This innovative approach positions the Foundation as a leader in the future of global philanthropy.
For more information or to support AB Charity Foundation's mission, visit their official website at www.ab.org.
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