The AB Charity Foundation, a nonprofit organization based in Ireland, has officially launched its global operations, introducing a bold new approach to philanthropy powered by blockchain technology.
With a mission to advance public good in areas like education, healthcare, environmental protection, and humanitarian aid, the Foundation is setting a new standard for transparency and trust in charitable work. At the heart of this initiative is a unique framework that combines institutional credibility with cutting-edge blockchain infrastructure.
The Foundation’s governance is led by a distinguished board of directors, including former European heads of state such as Bertie Ahern, the former Prime Minister of Ireland and architect of the Good Friday Agreement, and other prominent leaders like Lawrence Gonzi (Malta), Péter Medgyessy (Hungary), Danilo Türk (Slovenia), and Petar Stoyanov (Bulgaria). This high-profile leadership underscores the Foundation’s commitment to fostering global cooperation and trust.
Blockchain for a better world
The AB Charity Foundation is supported by AB DAO, a blockchain infrastructure that ensures every donation is traceable, every distribution verifiable, and every action transparent. Through smart contract automation, 15% to 30% of the gas fees from transactions on the AB public chain are funneled into a dedicated charity pool. This innovative funding model also integrates returns from the AB Ecosystem Fund, which has already supported numerous projects and promises to sustain the Foundation’s mission for years to come.
This blockchain-backed approach allows the Foundation to create a “verifiable model of cooperative goodwill,” ensuring that donors, governments, and civil society can trust the process. By leveraging blockchain’s inherent transparency, the Foundation is redefining how charitable organizations operate, making every step of the process—from fundraising to fund distribution—completely auditable and compliant with third-party standards.
A global vision for public good
The Foundation’s ambitions extend far beyond Europe. Its global advisory board includes respected figures from all five continents, such as former presidents, scientists, diplomats, and cultural leaders. Together, they aim to guide the Foundation’s strategic planning and foster international collaboration on impactful social initiatives.
As the Foundation’s founders emphasize, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation.” This philosophy drives their efforts to build a scalable model for next-generation philanthropy, one that bridges the gap between governments, civil society, and the tech community.
With its innovative use of blockchain technology and a leadership team of global visionaries, the AB Charity Foundation is poised to transform the future of philanthropy. By ensuring that every donation is used effectively and transparently, the Foundation is setting a new benchmark for trust and accountability in the nonprofit sector.
Sources:
- https://chainwire.org/2025/04/11/ab-charity-foundation-launches-global-operations-with-blockchain-backed-public-good-framework/
