Use and Communication of Personal Information

We take steps designed to ensure that only those employees who need access to your personal information to fulfill their employment duties will have access to it. We use and disclose your personal information mainly:

  • to operate, maintain, enhance and provide all features of the Website;

  • to provide the services and information that you request;

  • to respond to comments and questions and to provide support to users of the Website;

  • to understand and analyze the usage trends and preferences of our users, to improve the Website;

  • to develop new products, services, feature, and functionality;

  • to send you communications subject to applicable laws;

  • or for any other purposes authorized or required by law.

When we disclose your personal information to third parties, we take reasonable measures to ensure that the rules set forth in this Policy are complied with and these third parties provide sufficient guarantees to implement appropriate technical and organizational measures.

In the event of a change of ownership, sale, merger, liquidation, reorganization or acquisition of Network, in whole or in part, your personal information may be transferred as part of the transaction.

By providing your personal information, you agree that we may collect and use this information for the purposes of:

  • validating your identity and risk profile;

  • creating a verification profile using your identity and risk profile (“your Verification”) on our blockchain network (the “Ecosystem”);

  • assigning a reputation score to your Verification (“your Reputation”);

  • tracking the number of times your Verification has been re-verified on the Ecosystem (“your Verification Count”);

  • disclosing your Verification, your Reputation, and your Verification Count to registered application providers on the Ecosystem;

  • creating a personalized online account to purchase our cryptocurrency tokens that can be used in the Ecosystem;

  • allowing us to administer that account;

  • only upon your further explicit consent, transmitting your personal information which served as the source of your Verification to application providers on the Ecosystem;

  • conducting analytics on a non-identifiable basis, the results of such analytics not to be shared with third parties without your further explicit consent.

We may finally make certain automatically-collected, aggregated, or otherwise non-personally-identifiable information available to third parties for various purposes, including:

  • compliance with various reporting obligations;

  • for business or marketing purposes;

  • to assist such parties in understanding your interests, habits, and usage patterns for certain programs, content, services, and/or functionality available through the Website.

Retention of Personal Information

Your personal information may be stored and processed in any country where we have facilities or in which we engage third-party service providers. By using the Website, you consent to the transfer of information to countries outside your country of residence, which may have different data protection rules than in your country. Such information is subject to the laws of the country in which it is held and may be subject to disclosure to the governments, courts or law enforcement or regulatory agencies of such other country, pursuant to the laws of such country. However, our practices regarding your personal information will at all times continue to be governed by this Policy and, if applicable, we will comply with the General Data Protection Regulation (“GDPR”) requirements providing adequate protection for the transfer of personal information from the EU/EEA to a third country.

The Network has implemented various physical, administrative and technical safeguards designed to protect the confidentiality and security of personal information under our control. However, no security measures are absolute or wholly guaranteed. You agree to be responsible for all activities conducted through your account on the Website and your password, whether conducted by you or by third parties. If you believe personal information has been compromised, please contact us as set forth in the “Contact” section.

We will only keep your personal information for as long as reasonably necessary to fulfill the relevant purposes set out in this Policy and in order to comply with our legal and regulatory obligations. If you would like further information regarding the periods for which your personal information will be kept, please contact us as set forth in the “Contact” section.

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