What is the governance model of the Qiy Trust Framework?
The model is built on the concept of the trias politica: the division of powers into three branches, each with separate and independent powers and areas of responsibility so that the powers of one branch are not in conflict with the powers associated with the other branches. The typical division of these three branches is into a legislative, an executive and a judiciary branch.
The Qiy Trust Framework is managed by the Qiy Foundation, an independent and international trust, in its role as Trust Framework Authority. The governance model foresees that at national or regional levels, a Regional Trust Framework Authority will be responsible for the implementation of the Qiy Trust Framework At all times the independence of the Qiy Trust Framework Authority and the Regional Trust Framework Authorities shall be warranted. Also, at all times the Qiy Trust Framework shall be open and non-discriminatory. To ensure this, appropriate audit mechanisms and sanctions will be in place at both the national or regional as well as at the international level.