AB Charity Foundation Expands Worldwide with Blockchain-Enabled Public Good Initiative

**Exciting News from Dublin, Ireland: April 11th, 2025! The Chainwire AB Charity Foundation is thrilled to announce the launch of its global operations and the unveiling of its newly revamped website at www.ab.org. This marks the start of a public-interest initiative grounded in institutional credibility and cutting-edge blockchain technology. Based in Ireland and recognized under EU law, the Foundation is dedicated to transforming public trust and promoting sustainable development by connecting governments, civil society, and the tech community.**

**The Foundation is guided by an esteemed board of directors, featuring former heads of state from Europe. Leading the board is Bertie Ahern, who served three terms as Prime Minister of Ireland and played a pivotal role in the Good Friday Agreement. Other notable 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).**

**In its mission to foster impactful social initiatives, the Foundation is actively expanding its global advisory board, bringing together respected leaders from all five continents—ranging from former presidents to scientists, diplomats, and cultural icons. Together, they will guide strategic planning and encourage international collaboration. At the core of the Foundation’s mission is a strong commitment to the public good, focusing on advancing global efforts in education, healthcare, environmental protection, and humanitarian aid. The Foundation aspires to create a “verifiable model of cooperative goodwill,” driven by transparent governance and next-generation technology. As the founders put it, “It is not a specific technology that changes the world—but the shared consensus around trustworthy institutions and global cooperation.”**

**The AB Charity Foundation is technically supported by AB DAO, which provides the blockchain infrastructure essential for its operations. Thanks to smart contract automation, 15% to 30% of the gas fees from every transaction on the AB public chain will flow into a dedicated charity pool. This innovative approach creates a new model for charitable funding, combining on-chain fundraising, automated distribution, full-chain auditability, and third-party compliance assurance. Additionally, 15% to 30% of the returns generated from investments by the AB Ecosystem Fund will also contribute to the Foundation’s pool. With dozens of projects already supported and more on the horizon, the Foundation is enhancing the financial sustainability of its mission.**

**By harnessing the transparency of blockchain technology, the Foundation aims to set a scalable example for next-generation philanthropic infrastructure—ensuring that every donation is traceable, every distribution is verifiable, and every intention is honored.**

**About AB Charity Foundation: The AB Charity Foundation is a nonprofit organization based in Ireland, operating under EU legal status, and is committed to making a positive impact on the world.**

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