Privacy policy

Publication date: May 18th 2018

Definitions

Account:

The contractual arrangement wherein a wownity registrar has accepted our Terms of Use and Privacy Policy, and received approval to use the wownity Services, including the purchase and sale of fida and to perform associated transactions.

Wownity Platform:

Hardware and software technologies used by wownity to provide the Service as set out in our Terms of Use and Whitepaper.

Personal Information:

Information that identifies an individual, such as name, address, e-mail address, trading information, and banking details. “Personal Information” does not include anonymized and/or aggregated data that does not identify a specific user.

Service(s):

The technological platform, functional rules and market managed by wownity b.v. to permit Buyers to perform purchase transactions of fida.

General

This Privacy Policy, together with our Terms of Use, governs wownity’s collection, processing and use of your Personal Information according to GDPR.

As used in this Privacy Policy, "wownity" refers to the company wownity b.v. including, without limitation, its owners, directors, investors, employees or other related parties. Depending upon the context, "wownity" may also refer to the services, products, websites, content or other materials (collectively, "wownity Services") provided by wownity.

"Personal Information" refers to information that identifies an individual, such as name, address, e-mail address, trading information, and banking details. “Personal Information” does not include anonymized and/or aggregated data that does not identify a specific user.

Wownity (hereinafter, "wownity", "we", "us" or "our") is committed to protect and respect your privacy.

The purpose of this Privacy Policy is to describe:

  • The types of Personal Information we collect and how it may be used;
  • Our use of cookies and similar technology;
  • How and why we may disclose your Personal Information to third parties;
  • The transfer of your Personal Information within and outside of the European Economic Area (“EEA”);
  • Your right to access, correct, update, and delete your Personal Information;
  • The security measures we use to protect and prevent the loss, misuse, or alteration of Personal Information; and
  • Wownity’s retention of your Personal Information.

Collection and use of personal information

Personal Information wownity collects

Wownity collects the Personal Information you provide directly to us when you registrar yourself or use wownity Services. This may include:

  • Contact information, such as name, home address, and email address.
  • Account information, such as username and password.
  • Financial information, such as bank account numbers, public blockchain keys, and trading information.
  • Residence verification information, such as Utility bill details or similar information.

Wownity also automatically collects certain computer, device, and browsing information when you access the wownity websites or use wownity Services. This information is aggregated to provide statistical data about our users' browsing actions and patterns and does not personally identify individuals.

This information may include:

  • Computer or mobile device information, including IP address, operating system, browser type.
  • Website usage information.

Use of cookies and similar technology

The wownity site is using cookies. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

Cookies are typically stored on your computer's hard drive. Information collected from cookies is used by us to evaluate the effectiveness of our Site, analyze trends, and administer the Platform. The information collected from cookies allows us to determine such things as which parts of our Site are most visited and difficulties our visitors may experience in accessing our Site. With this knowledge, we can improve the quality of your experience on the Platform by recognizing and delivering more of the most desired features and information, as well as by resolving access difficulties.

We also use cookies and/or a technology known as web bugs or clear gifs, which are typically stored in emails to help us confirm your receipt of, and response to, our emails and to provide you with a more personalized experience when using our Site.

We use third party service provider(s), to assist us in better understanding the use of our Site. Our service provider(s) will place cookies on the hard drive of your computer and will receive information that we select that will educate us on such things as how visitors navigate around our site, what products are browsed, and general Transaction information. Our service provider(s) analyses this information and provides us with aggregate reports. The information and analysis provided by our service provider(s) will be used to assist us in better understanding our visitors' interests in our Site and how to better serve those interests. The information collected by our service provider(s) may be linked to and combined with information that we collect about you while you are using the Platform. Our service provider(s) is/are contractually restricted from using information they receive from our Site other than to assist us.

How wownity uses your personal information

We may use your Personal Information to:

  • process and use only for the purpose(s) for which it has been provided to us.
  • verify your identity which is more in detail described in our Terms of use.
  • personalize your wownity Services experience.
  • analyze wownity’s website usage, and improve our website and website offerings.
  • help us respond to your customer service requests and support needs.
  • contact you about wownity Services. The email address you provide may be used to communicate information and updates related to your use of the wownity Services. We may also occasionally communicate company news, updates, promotions, and related information relating to similar products and services provided by wownity.

We do not perform behavioral tracking of a customer's activities on our Website or across different Websites, nor do we allow third-party data collection through our Service. If you wish to stop receiving marketing communications from us, please contact us at info@wownity.com to opt-out.

Disclosing and transferring personal information

We may disclose your Personal Information to third parties and legal and regulatory authorities, and transfer your Personal Information outside the EEA, as described below.

Disclosures to Third Parties

In processing your transactions, we may share some of your Personal Information with third party service providers who help with our business operations. Your information will not be sold, exchanged, or shared with any third parties without your consent, except to provide wownity Services or as required by law. By using our Services and accepting our Terms of Use you consent to the disclosure of your Personal Information as described in this Privacy Policy.

Non-personally identifiable visitor information may be provided to third parties for marketing, advertising, or other uses.

Wownity’s third party service providers are contractually bound to protect and use such information only for the purposes for which it was disclosed, except as otherwise required or permitted by law. We ensure that such third parties will be bound by terms no less protective those described in this Privacy Policy, or those we are subject to under applicable data protection laws.

Disclosures to Legal Authorities

We may share your Personal Information with law enforcement, data protection authorities, government officials, and other authorities when:

  • Compelled by subpoena, court order, or other legal procedure.
  • We believe that the disclosure is necessary to prevent physical harm or financial loss.
  • Disclosure is necessary to report suspected illegal activity.
  • Disclosure is necessary to investigate violations of this Privacy Policy or our Terms of Use.

International transfers of personal information

We store and process your Personal Information in data centres around the world, wherever wownity facilities or service providers are located. As such, we may transfer your Personal Information outside of the EEA. Such transfers are undertaken in accordance with our legal and regulatory obligations.

External Websites

Wownity makes no representations whatsoever about any external or third-party website you may access through our website. Occasionally, the wownity website may provide references or links to other websites ("External Websites"). We do not control these External Websites or third-party sites or any of the content contained therein. You agree that we are in no way responsible or liable for the External Websites referenced or linked from the wownity website, including, but not limited to, website content, policies, failures, promotions, products, opinions, advice, statements, prices, activities and advertisements, services or actions and/or any damages, losses, failures or problems caused by, related to, or arising from those sites. You shall bear all risks associated with the use of such content.

External Websites have separate and independent terms of use and related policies. We request that you review the policies, rules, terms and regulations of each site that you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of items such as viruses, worms, Trojan horses and other items of a destructive nature.

Access rights to personal information

You have the right to access your Personal Information to correct, update, and block inaccurate and/or incorrect data. To exercise this right, contact us at info@wownity.com.

Wownity will respond to your request only where this is not inconsistent with our Terms of Use and other legal and regulatory obligations. Within 40 days of receipt of your written, we will provide you with your Personal Information, including the purposes for which it was used and to whom it was disclosed to in accordance with your rights.

Security of personal information

We use a variety of security measures to ensure the confidentiality of your Personal Information, and to protect your Personal Information from loss, theft, unauthorized access, misuse, alteration or destruction. These security measures include, but are not limited to:

  • Password protected directories and databases.
  • Secure Sockets Layered (SSL) technology to ensure that your information is fully encrypted and sent across the Internet securely.

All financially sensitive and/or credit information is transmitted via SSL technology and encrypted in our database. Only authorized wownity personnel are permitted access to your Personal Information, and these personnel are required to treat the information as highly confidential. The security measures will be reviewed regularly in light of new and relevant legal and technical developments.

Retention of personal information

We retain Personal Information for as long as necessary to fulfil purposes described in this Privacy Policy, subject to our own legal and regulatory obligations. In accordance with our record keeping obligations, we will retain Account, Registration and other Personal Information for at least five years after an Account or registration is closed.

Update to this privacy policy

This Privacy Policy may be revised, modified, updated and/or supplemented at any time, without prior notice, at the sole discretion of wownity. When we make changes to this Privacy Policy, we will notify all users on our website, and make the amended Privacy Policy available on our website.

Contact Us

Please contact us with questions, comments, or concerns regarding our Privacy Policy and/or practices at info@wownity.com.

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