Remarks by Governor Michael Dukakis on the Launch of the AIWS Bank and Finance Ecosystem Initiative Under the Boston Finance Accord

by Editor BGF | May 26, 2025 | News

May 27, 2025, 10:00 AM EDT, Boston, MA

Good morning, distinguished guests, colleagues, and friends from around the world,

It is with immense pride and optimism that I stand before you today, on behalf of the Michael Dukakis Institute, the Boston Global Forum, and AI World Society, to announce the launch of the AIWS Bank and Finance Ecosystem—a transformative initiative that marks a new era in global finance, rooted in ethical AI, blockchain innovation, and a deep commitment to humanity.

For decades, we at the Boston Global Forum have worked tirelessly to harness technology for the greater good. From the Social Contract for the AI Age to the AIWS Cinema Summit: Top 100, our mission has been to unite humanity through innovation that is compassionate, transparent, and equitable. Today, we take a monumental step forward with the AIWS Bank and Finance Ecosystem, a global standard financial ecosystem that surpasses existing models in digital and AI-driven finance.

This ecosystem is built on five pioneering components, enhanced by cutting-edge bank features:

• The AIWS AI-Finance Platform (AIFP), which uses quantum AI to ensure financial access for the underserved by 2029. Its blockchain platform meets the standards of top banks, and it introduces open banking APIs, allowing seamless integration with third-party fintechs for personalized financial products, alongside AI-driven virtual assistants for 24/7 customer support.
• The AIWS Global Blockchain Network (AGBN), a decentralized network spanning countries worldwide by 2028. The AGBN meets top blockchain standards and offers embedded finance solutions, integrating financial services into non-financial platforms like AIWS City, with real-time transaction monitoring via AI.
• The AIWS Ethical Finance Charter (AEFC), which ensures fairness in AI decisions and mandates carbon-neutral crypto operations by 2027, embodying our principles of transparency and equity, and now includes green banking initiatives with eco-friendly loans and biodiversity credits.
• The AIWS Digital Asset and Crypto Hub (ADACH), a marketplace for Bitcoin, CBDCs, and NFTs, enhanced by tokenized securities for social impact investments.
• The AIWS Investor and Innovation Network (AIIN), connecting global investors with projects, now featuring a platformization model where partners co-create financial and non-financial services, reducing development cycles significantly.

I am particularly proud to remind everyone of the Boston Finance Accord for AI Governance 24/7, a cornerstone of our work at BGF, which ensures that AI in finance operates with ethical oversight around the clock. The AIWS Bank fully integrates this accord, ensuring that every transaction, decision, and innovation aligns with our commitment to ethical governance, protecting users worldwide while fostering trust and inclusion.

Our leadership team, co-chaired by myself and Nguyen Anh Tuan, with many others, alongside our colleagues at BGF, AIWS, and the Boston Finance Accord for AI Governance 24/7. Together, we will steer this ecosystem to establish AIWS Bank as the foremost leader in digital and AI-driven finance.

We invite you to join us at the AIWS Cinema Summit: Top 100 on January 9, 2026, in Boston and Nha Trang, to witness our progress and explore partnership opportunities. This is not just a financial ecosystem—it is a movement to ensure that technology serves humanity with compassion, integrity, and innovation.

Thank you for joining us on this historic day. Together, let us build a future where finance unites us all.

Four Pillars Roundup:Trump says he’ll delay a threatened 50% tariff on the European Union until July

by Editor BGF | May 26, 2025 | News

President Donald Trump said Sunday that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling.

“I told anybody that would listen, they have to do that,” Trump told reporters on Sunday in Morristown, New Jersey, as he prepared to return to Washington. Von der Leyen, Trump said, vowed to “rapidly get together and see if we can work something out.”

In a social media post Friday, Trump had threatened to impose the 50% tariff on EU goods, complaining that the 27-member bloc had been “very difficult to deal with” on trade and that negotiations were “going nowhere.” Those tariffs would have kicked in starting June 1.

https://apnews.com/article/donald-trump-trade-tariffs-european-union-f335ba9aa9d0b36cfe483f6f045c9b01