She officially launched its global operations and unveiled its newly promoted website on its website, which represents the beginning of the initiative of public interests based on institutional credibility and advanced Blockchain technology. Its headquarters is located in Ireland with a legal status recognized under the European Union Law, and the Foundation is placed as a universal non -profit entity committed to reshaping the future of public trust and sustainable development by bridging governments, civil society and technical society.
The Foundation’s governance is led by a distinguished board of directors consisting of former heads of state from Europe. The council is chaired by the former Prime Minister of Ireland, the former prime minister, and a major architect of the Great Friday Convention. Among the members of the Board of Directors are Lawrence Gonzi (former Prime Minister of Malta), Peter Meadjisi (former Prime Minister of Hungary), Danilo Turk (former president of Slovenia), and Betar Stoyanov (former Bulgarian President).
The Foundation is actively expanding the World Consultative Council, which combines respected figures from all five continents – including former presidents, scholars, diplomats and cultural leaders – to direct strategic planning and enhance international cooperation in providing influential social initiatives.
At the heart of the Foundation’s mission, the commitment to the general goodness is made: global efforts in education, health care, environmental protection and humanitarian assistance are offered. The Foundation aims to build a “verified model for cooperative fame”, supported by transparent governance and the next generation technology. Its founders also assert, “It is not a specific technique that changes the world – but the common consensus on the institutions worthy of global cooperation and cooperation.”
AB Charity Foundation is technically supported by AB DAO, which provides Blockchain infrastructure that supports the institution’s operations. By automating smart contracts, 15 % to 30 % of gas fees are directed from each transaction in the AB public chain to a dedicated charity. This mechanism provides a new operating model for charitable financing-overcoming the collection of donations on the chain, automatic distribution, checking the full chain, and ensuring compliance with external parties.
In addition, 15 % to 30 % of the revenues resulting from investments will be directed by the AB Ecosystem Fund to the Foundation Group. The Fund is already supporting dozens of projects, with more initiatives in the pipeline – which leads to enhancing the financial sustainability of the institution’s mission.
By taking advantage of the inherent Blockchain transparency, it looks forward to becoming a formula for charitable infrastructure of the next generation-where each donation can be tracked, and every distribution can be verified, and every intention is honored.
