Recently, AB Charity Foundation announced its official launch and launched a new official website www.ab.org , marking the official launch of a global public welfare network based on "institutional trust" and "technology-driven". AB Charity Foundation is an international non-profit organization headquartered in Ireland with independent legal status. It aims to work with global governments, public welfare organizations and technology communities to reshape the future public welfare trust mechanism and promote sustainable development.
The governance structure of AB Charitable Foundation is composed of politicians from many countries. Bertie Ahern, former three-time Irish Prime Minister and the main promoter of the Northern Ireland Peace Agreement, is the Chairman of the Board of Directors. The board members include Lawrence Gonzi, former Prime Minister of Malta, Peter Medgyessy, former Prime Minister of Hungary, Danilo Turk, former President of Slovenia, and Peter Stoyanov, former President of Bulgaria.
AB Charity Foundation is continuously building a senior advisory team, including well-known politicians, scientists and celebrities from five continents, who will join the team to provide the foundation with global policy docking and charity activities. Focusing on public missions, the foundation will use technology to empower a new paradigm of global public welfare.
As the initiator and technical supporter of the AB Charity Foundation, AB DAO provides underlying blockchain infrastructure support. The AB public chain automatically injects 15%-30% of the gas fee of each transaction into the charity fund pool through smart contracts, and realizes the transparent governance of the whole process of "charity fundraising on the chain + automatic distribution + full chain traceability + third-party audit". In addition, the AB Ecological Fund has currently invested in dozens of high-quality projects, and will continue to incubate and invest in more high-quality projects in the future. 15%-30% of the investment income generated by all projects will also be injected into the AB Charity Foundation fund pool.
The core mission of AB Charity Foundation is to promote public services such as education, medical care, environmental protection, and humanitarian aid around the world, and to explore a "verifiable goodwill collaboration model" based on transparent and credible governance mechanisms and technical paths. The Foundation emphasizes that "it is not a certain technology itself that changes the world, but the consensus of credible systems and global cooperation", which is the general cognitive consensus of the founding members.
