On December 3rd a press conference to introduce M.A Blockchain, the decentralized public welfare system, was held in Montreal, Canada by the Mind Asset Global Development Foundation, at which public-spirited people and representatives of more than ten worldwide public-benefit organizations were present.

Since its initial foundation by a young group of self-described "geeks", M.A Blockchain has been dedicated to the exploration of the Internet technology of "blockchain". In his speech, Steven Bradley, MAGDF's Secretary General, said that, "resolving the issue of trust through technical means" is one big characteristic of the blockchain. Accordingly, the development and maintenance teams of the M.A Blockchain give full play to the tech by applying it to future public welfare programs. Also, Mr. Bradley expressed the willingness of the Foundation to provide the decentralized global public welfare system with technical and promotional support. Based on the open, transparent and irreversible features of the blockchain, all the processes and results concerning the commonweal cause will be put under the attention and monitoring of all sectors of society, which will promote progress of philanthropic programs by providing transparency, thereby allowing mainstream society to attach more importance to and take a more active part in it.