Governance

SETHU (Semantic Electronic Trust Harbour Utility) — A trusted digital harbour for interoperable trust services.

The SETHU platform is governed by the SETHU Foundation, a Section 8 non-profit company. Node operators are for-profit ventures. Monopoly resistance through multi-operator design, transparent accreditation, and independent oversight.

Monopoly resistance

SETHU resists capture by any single operator through multi-operator, multi-node operation; transparent accreditation criteria; portability across wallet providers and service operators; separation of powers (foundation stewardship vs competitive applications); and independent oversight (“conscience keepers”) to strengthen legitimacy and transparency.

Foundation stewardship

The SETHU Foundation (Section 8 non-profit) governs the platform. Provides standardisation, accreditation rules, compliance frameworks, ecosystem enablement, and transparency reporting. Node operators are for-profit ventures; the consortium operates the multi-node network under licensing arrangements.

Board

The SETHU Foundation board is composed of independent directors and ecosystem representatives to ensure balanced oversight. A majority of directors are independent of node operators and platform customers. Board composition, appointment procedures, and term limits are documented in the bylaws.

Board members are listed in the annual report. For current composition, contact governance@sethu.foundation.

Bylaws

The SETHU Foundation operates under bylaws that define: mission and charitable purpose; prohibition on profit distribution; board composition and election; licensing authority over node operators; and reporting obligations to stakeholders and regulators.

Bylaws are available on request to governance@sethu.foundation.

Annual reports

The Foundation publishes an annual report after each fiscal year, including: mission progress; platform usage and adoption; financial summary (revenue, costs, reserves); security incidents and remediation; and governance activities.

Reports are published on this website. For prior years or specific requests, contact governance@sethu.foundation.

On-chain governance

Council proposals and voting for protocol parameters and upgrades.

Council dashboard →