A new global charity, the AB Charity Foundation, has launched, aiming to revolutionize how we do good around the world. The foundation is using blockchain technology to make donations more transparent and efficient.
Big Names on Board
Based in Ireland and operating under EU law, the Foundation boasts a seriously impressive board of directors. Former heads of state from across Europe, including former Irish Prime Minister Bertie Ahern, are leading the charge. They’re joined by an expanding global advisory board of former presidents, scientists, and other influential figures.
Focus on Global Issues
The Foundation is tackling major global challenges, focusing its efforts on education, healthcare, environmental protection, and humanitarian aid. Their goal is to create a system where everyone can trust that their donations are used effectively and transparently.
Blockchain for Good
The AB Charity Foundation isn’t just about good intentions; it’s about smart technology. They’re using blockchain technology, specifically through AB DAO, to track donations and automatically distribute funds. A percentage of transaction fees from the AB public chain, and investment returns from the AB Ecosystem Fund, directly support the Foundation’s work. This automated system ensures full transparency and accountability.
The Future of Charity?
The Foundation believes its blockchain-based model is the future of philanthropy. It promises a scalable, trustworthy system where every donation is traceable, every distribution is verifiable, and every intention is honored. They aim to set a new standard for global giving.
Get Involved
You can learn more about the AB Charity Foundation and support their mission by visiting their website at www.ab.org.
