This Privacy Policy ("Policy") explains what you can expect from us and what we need from you in relation to your personal data. Kindly read this Policy carefully as this is legally binding when you use BLOX Services, without regard to how you access or use, including through mobile devices.
The following terms used in this Policy are defined as follows:
"Digital Asset"
is a digital representation of value (also referred to as "cryptocurrency," "virtual currency," "digital currency," "crypto token," "cryptoasset," or "digital commodity"), which is based on the cryptographic protocol of a computer network that may be (i) centralized or decentralized, (ii) closed or open-source, and (iii) used as a medium of exchange and/or store of value."BLOX Account"
means a user-accessible account offered via the BLOX platform to enable access to various blockchain-based financial services."BLOX," "BLOX,"
"We," and "Us" refers to BLOX and its wholly owned subsidiaries (also referred to collectively as "we," or "us")."Personal Information"
or"Personal Data"
refers to any information relating to you, as an identified or identifiable natural person, including your name, an identification number, location data, or an online identifier or to one or more factors specific to the physical, economic, cultural or social identity of you as a natural person.BLOX provides various blockchain-based financial services. BLOX is your data controller, and is responsible for the collection, use, disclosure, retention and protection of your personal information in accordance with our global privacy standards, this Privacy Policy, as well as any relevant local privacy laws and regulations.
BLOX uses encryption to protect your information and store decryption keys in separate system. Data controllers process and retain your personal information on our servers where our data centers are located.
Where we have a legal obligation to do so, we have appointed Data Protection Officers (DPOs) to be responsible for privacy program for the respective data controllers. If you have any questions about how we protect or use your Personal Information, you can contact our DPOs by pail at legal@BLOX.us.
We are serious about guarding the privacy of your Personal Information and work hard to protect BLOX and you from unauthorized access to, or unauthorized alteration, disclosure, or destruction of Personal Information we collect and store. Measures we take include encryption with SSL; the availability of two-factor authentication (2FA) at your discretion, and periodic review of our Personal Information collection, storage, and processing practices.
We restrict access to your Personal Information only to BLOX pployees, affiliates, and subcontractors who have a legitimate business need for accessing such information. We continuously educate and train our pployees about the importance of confidentiality and privacy of customer information. We maintain physical, electronic, and procedural safeguards that comply with the relevant laws and regulations to protect your Personal Information from unauthorized access.
Unfortunately, despite best practices and technical safeguards, the transmission of information via the internet is not completely secure. Although we do our best to protect your Personal Data, we cannot guarantee the security of your Personal Data during transmission, and any acts of transmission are at your own risk.
When using the BLOX Services, we may collect and use the following data about you as part of our Know-Your-Client (KYC) procedure
e.g.,
driver's license, passport, or government-issued identity card);Account Information.
Information that is generated by your BLOX account activity including, but not limited to, instructions regarding funding and disbursment, orders, trades, and account balances;Log Information.
Information that is generated by your use of BLOX Services that is automatically collected and stored in our server logs. This may include, but is not limited to, device-specific information, location information, system activity and any internal and external information related to pages that you visit, including the full Uniform Resource Locators (URL) clickstream to, through and from our Website or App (including date and time; page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), and methods used to browse away from the page;Location Information.
Information that is automatically collected via analytics system providers to determine your location, including your IP address and/or domain name and any external page that referred you to us, your login information, browser type and version, time zone setting, browser plug-in types and versions, operating system, and platform;Correspondence.
Information that you provide to us in written or oral correspondence, including opening a BLOX account, and with respect to ongoing customer support; and logging of phone numbers used to contact us.We may receive information about you if you use any of the other websites we operate or the other services we provide. We are also working closely with third parties and may receive information about you from thp. For example:
Personal Information you provide during the registration process may be retained, even if your registration is left incomplete or abandoned.
In providing the personal data of any individual (other than yourself) to us during your use of the BLOX Services, you promise that you have obtained consent from such individual to disclose his/her personal data to us, as well his/her consent to our collection, use and disclosure of such personal data for the purposes set out in this Privacy Policy.
Below we set forth in a table format, a description of all the ways we use your personal data as stated above, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are, where appropriate.
Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us at legal@BLOX.us if you need details about the specific legal ground we are relying on to process your personal data where more than one ground has been set out in the table below.
| What we use your personal information for | Type of information | Our reasons | Our legitimate interests |
|---|---|---|---|
| To provide the BLOX Services:
|
Submitted Information | Fulfilling contracts
Our legitimate interests Our legal obligation |
Being efficient about how we fulfill our legal and contractual duties.
Our commercial interest in providing you with a good service. Complying with regulations that apply to us. |
| Submitted Information
Device Information Third Party Information |
Our legitimate interests
Our legal obligation |
Complying with regulations that apply to us. | |
|
To combat against fraud:
|
Submitted Information
Device Information Third Party Information |
Fulfilling contracts
Our legitimate interests Our legal obligation |
As part of BLOX’s efforts to keep our Services safe and secure. |
| To help BLOX provide services that interest you:
|
Submitted Information
Device Information Third Party Information |
Our legitimate interests | Developing products and services for existing customers and any applicable fees in relation to thp. Defining types of customers for new products or services. Being efficient about how we fulfil our legal and contractual duties. Seeking your consent when we need it to contact you. |
| To keep the BLOX Services available and properly functioning;
To administer internal operations necessary to BLOX Services, including troubleshooting, data analysis, testing, research, statistical, and survey purposes; To notify you about changes to our service, changes to our terms and policies, and as part of our efforts to keep the BLOX Services, safe and secure. |
Submitted Information
Device Information |
Fulfilling contracts
Our legitimate interests Our legal obligation |
Being efficient about how we fulfill our legal and contractual duties.
Complying with regulations that apply to us. |
Our operations are supported by a network of computers, servers, and other infrastructure and information technology, including, but not limited to, third-party service providers.
We may use Automated Decision Making (ADM) to improve your experience or help fight financial crime. For example, so that we can provide you with a fast and efficient service, we may use ADM to verify your identity documents, or to confirm the accuracy of the information you have provided to us. None of our ADM processes have legal effects on you. In any event, no decision with legal effects on you shall be made solely on the basis of automated processing without your informed and express consent.
Funding your account BLOX account may be recorded on a public blockchain. Public blockchains are distributed ledgers, intended to immutably record transactions across wide networks of computer system. Many blockchains are open to forensic analysis which can lead to deanonymization and the unintentional revelation of private financial information, especially when blockchain data is combined with other data.
As BLOX is subject to various legal, compliance and reporting obligations, we are required by law to store some of your personal and transactional data beyond the closure of your account with us. Your data is only accessed internally on a need-to-know basis, and it will only be accessed or processed if absolutely necessary. We will delete data that is no longer required by any relevant law or jurisdiction in which we operate.
You have the right to correct any personal information We hold on you that is inaccurate, incorrect, or out of date.
You have the right to ask us to delete your data when it is no longer necessary, or no longer subject to a legal obligation to which BLOX is subject to.
You may have the right to transfer certain personal data between data controllers, for example, to move your account details from one online platform to another.
You may be able to stop the collection of location information through your device settings or by following the standard uninstall process to rpove our applications from your device; however, because such data is used by us to meet legal requirements, as well as for ongoing fraud and risk monitoring purposes, choosing to rpove or disable location services may interfere with your use and functionality of the BLOX Services.
Subject to applicable laws, you may have the right to access information we hold about you. Your right of access can be exercised in accordance with the relevant data protection legislation. For further information, please contact support@BLOX.us.
Any changes we may make to our Privacy Policy will be posted on BLOX’ Site and applications and, where appropriate, notified to you by pail. Kindly monitor periodically the Site to see any updates or changes to our Privacy Policy.
We welcome any questions, comments and requests regarding this Privacy Policy and should be addressed to legal@BLOX.us.