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Cryptocurrency News Articles

AB Charity Foundation Launches Global Operations, Unveiling New Website and Board of Former European Heads of State

Apr 11, 2025 at 11:14 pm

AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org

AB Charity Foundation Launches Global Operations, Unveiling New Website and Board of Former European Heads of State

Dublin, Ireland, April 11th, 2025, Chainwire

AB Charity Foundation has officially launched its global operations and unveiled its newly upgraded website at www.ab.org. The Foundation, recognized under EU law and headquartered in Ireland, is a global nonprofit entity forging a public-interest initiative built on institutional credibility and advanced blockchain technology.

As its founders explained, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation. We are entering a new era where technology can be leveraged to amplify human values and共同体trust.”

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. Other board members include Lawrence Gonzi (former Prime Minister of Malta), Péter Medgyessy (former Prime Minister of Hungary), Danilo Türk (former President of Slovenia), and Petar Stoyanov (former President of Bulgaria).

The Foundation is actively expanding its global advisory board, assembling respected figures from all five continents—including former presidents, scientists, diplomats, and cultural leaders—to guide strategic planning and foster international cooperation 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.

The Foundation is technically supported by AB DAO, 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.

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 honored.

About AB Charity Foundation

AB Charity Foundation is an Ireland-based nonprofit 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 AB DAO, its blockchain infrastructure ensures traceable donations and automated, compliant distribution of funds, creating a scalable model for next-generation philanthropy.

To follow AB Charity Foundation and support its mission:

Official Website: www.ab.org

Global Community Portal: www.ab.org/community

Contact

AB DAO

contact@ab.org

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