Formal Launch of M.A Blockchain, the Decentralized Global Public Welfare System

  • Blockchain
  • 05.12.2016 12:30 pm

 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.

Steven Bradley, Secretary General of the Mind Asset Global Development Foundation, introduces the global, decentralized public welfare system

In addition, Mr. Bradley revealed that in the first voting result of the decentralized M.A. Blockchain, with 54,326,163 votes (25.46% of the total votes obtained), "Greenpeace" was ranked first and became the first public service organization to win a series of donations in multiple forms, such as encrypted digital money issued by M.A. Blockchain.

Finally, Mr. Bradley disclosed that, in order to facilitate communication and interaction between philanthropic organizations, charity institutions and the participators all over the world, the international public welfare network community plan was also being prepared.

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