Step 1: Recall the donor rule.
A universal donor should not have major antigens on the red blood cell surface, because those antigens can trigger a reaction in the recipient.
Step 2: Apply ABO and Rh grouping.
O group has no A or B antigen. Rh negative has no Rh antigen. So O negative has the least antigen risk during emergency transfusion.
Step 3: Pick the answer.
Therefore, O negative is known as the universal donor blood group.
\[ oxed{ ext{Option 3: O negative}} \]