The Good Tech Companies - AB Charity Foundation Launches Global Operations With Blockchain-Backed Public Good Framework

Episode Date: April 11, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/ab-charity-foundation-launches-global-operations-with-blockchain-backed-public-good-framework. ... The Foundation’s governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, fo Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #chainwire, #press-release, #blockchain-development, #crypto-charity-fund, #eu-crypto-regulation, #blockchain-and-charity, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. AB Charity Foundation is an Ireland-based nonprofit operating under EU legal status. Led by a board of former European heads of state, the Foundation supports initiatives in education, healthcare, environmental protection, and humanitarian aid. Powered by AB DAO, its blockchain infrastructure ensures traceable donations and automated distribution of funds.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. AB Charity Foundation launches global operations with blockchain-backed public good framework, by Chainwire. Dublin, Ireland, April 11, 2025, Chainwire, AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org, marking the beginning of a public interest initiative built on institutional credibility and advanced blockchain technology. Headquartered in Ireland with recognized legal status under EU law, the Foundation is positioned as a global non-profit entity committed to reshaping the future of public trust and sustainable development by bridging governments,
Starting point is 00:00:41 civil society, and the tech community. The Foundation's governance is led by a distinguished board of directors composed of former heads of state from Europe. The board is chaired by Bertie Ahern, former three-term Prime Minister of Ireland and a key architect of the Good Friday Agreement. Board members include Lawrence Gonsi, former Prime Minister of Malta, Peter Megessi, former Prime Minister of Hungary, Danilo Turk, former president of Slovenia, and Petar Stoyanov, former president of Bulgaria. The Foundation is actively expanding its global advisory board, bringing together respected
Starting point is 00:01:16 figures from all five continents, including former presidents, scientists, diplomats, and cultural leaders, to guide strategic planning and foster international collaboration in delivering impactful social initiatives. At the heart of the Foundation's mission lies a commitment to public good, advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aims to build a, verifiable model of cooperative goodwill, powered by transparent governance and next-generation technology. Greater than as its founders emphasize, it is not a specific technology that changes
Starting point is 00:01:50 the greater-than world, but the shared consensus around trustworthy institutions and global greater-than cooperation. Greater than Greater than, AB Charity Foundation is technically supported by ABDAO, which provides the blockchain infrastructure underpinning the foundation's operations. Through smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain are directed into a dedicated charity pool. This mechanism enables a new operational model for charitable funding, combining on chain fundraising, automated distribution, full chain auditability, and third-party compliance assurance. In addition, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also be directed into the Foundation's pool. The fund has already supported dozens of projects, with more initiatives in the pipeline, strengthening
Starting point is 00:02:41 the financial sustainability of the Foundation's mission. By leveraging blockchain's inherent transparency, the Foundation aspires to become a scalable model for next-generation philanthropic infrastructure, ensuring every donation is traceable, every distribution verifiable, and every intention honoured. About a B Charity F-O-U-N-D-A-T-I-O-N-A-B Charity Foundation is an Ireland-based non-profit operating under EU legal status, focused on advancing global public good through transparent governance and blockchain technology. Led by a board of former European heads of state, the Foundation supports initiatives in education, healthcare, environmental protection, and humanitarian aid.
Starting point is 00:03:22 Powered by ABDAO, its blockchain infrastructure ensures traceable donations and automated, compliant distribution of funds, creating a scalable model for next-generation philanthropy to follow a B-charity foundation and support its mission. Official website, www.ab.org Global Community Portal, www.ab.org CommunityContactAb.com Abdao contact at ab.org Tip This story was distributed as a release by Chainwire under Hacker Noon's Business Blogging Program. Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:03:59 Visit hackernoon.com to read, write, learn and publish.

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