The Good Tech Companies - AB Charity Foundation Launches Global Operations With Blockchain-Backed Public Good Framework
Episode Date: April 11, 2025This 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.
Transcript
Discussion (0)
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,
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
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
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
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.
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.
Visit hackernoon.com to read, write, learn and publish.
