Privacy Policy for Qubetics Labs LLC Wallet
Introduction
Welcome to the Qubetics Labs LLC (hereafter “Qubetics”, “We”, “Us” or “Our”) wallet Your
privacy is our priority, and this privacy policy explains how we collect, use, protect, and manage
your data while using our decentralized wallet and how we will use it in a responsible manner.
This privacy notice applies to the sites (including subdomains), applications, products and
services on or in which it is posted, linked, or referenced in all cases.
By using the Qubetics wallet you agree to the terms outlined herein.
1. Consumer Rights
We are committed to protecting your rights regarding your personal data and we take care to
protect the safety, security and privacy of Qubetics users, and to provide users the ability to
control and configure their wallet to meet their personal needs and as a user, you have the right
to the following:
- Transparency: Access clear and understandable information about data collection and
usage.
- Access & Control: View, modify, or delete any personal data associated with your wallet.
- Security & Encryption: Benefit from industry-standard encryption to secure your data.
- Anonymity: Use Qubetics without providing personally identifiable information unless
so required by law.
- Opt-Out Options: Disable certain analytics or tracking features via your privacy settings.
- Compliance: Exercise your rights under global data protection laws such as GDPR.
2. Consumer Choices
We offer various options to enhance your privacy:
- Permission Settings:Customize security and privacy preferences.
- Third-Party Sharing: Your data will not be shared with third parties unless required by
law or explicitly permitted by you.
- Transaction Privacy: Features like stealth addresses and coin mixing enhance anonymity.
- Backup & Recovery: Select your preferred backup method, whether local storage or decentralized encryption.
- Regulatory Compliance: Users in specific regions may have additional legal obligations regarding data protection.
3. Data Collection & Usage
We minimize data collection and ensure full transparency:
- Minimal Data Collection: We only gather essential data for wallet functionality, such as blockchain transaction records.
- No Centralized Storage: Your private keys and sensitive financial information remain stored locally on your device.
- Analytics: We may analyse anonymised data to enhance wallet features while preserving user privacy.
- Personal Information will not be collected or retained unless necessary to provide you
the services such as account or profile creation, e.g., email address, name, password,
mobile number etc, we do not collect other Personal Information that we do not need
other than preferences and settings to provide the service which you may disable or
opt-out of at any time. Data will be collected for feedback and survey responses where a
user chooses to provide this information at their own discretion and choice, also for
marketing related information whereby a user ‘opts-in’ to share such information. If you
have ‘opted-in’ to receive device related information by agreeing to receive notifications,
we will retain your device identifier to facilitate notifications, you may disable this
feature at any time.
- IP address may be processed only where required for some of our Services (depending
on your application settings) to provide the best possible experience, this includes for
example, the prevention of DDoS attacks, run third-party through proxy infrastructure,
where we are required to do so by law and to ensure safety and security. For users
wishing to further limit the collection of their device and usage information they should
consider the use of a VPN (Virtual Private Network)
- Cookies & Associated Technologies for when you access the service where we may
collect personal Information via cookies, pixel tags, or similar technologies (collectively
referred to as “Cookies”).
4. How Information is Used
- To create your account or profile, to provide our services required for basic functionality,
personalisation to customize our services, product improvements, access to 3rd party
platforms and to respond to your requests via communication channels such as phone, email, text or chat provision. We may also contact you for service updates and
enhancements, security issues and any changes to policies including privacy.
- For administrative and legal purposes such as for compliance purposes including
enforcing out terms of use. As required by applicable laws and regulations or requested
by any judicial process or governmental agency, and to comply with our legal obligations
and internal policies as permitted by law, such as preventing the services to be accessed
by individuals in sanctioned territories, or by sanctioned individuals, and for security and
safety factors in relation to violations and the protection of our services from malicious
intent.
- We may disclose Personal Information about you to our affiliates and subsidiaries, if any,
for the purpose of providing the Services and conducting business. We work with third
parties for the purpose of providing the services such as hosting, maintenance, network
management, cybersecurity and support, these third parties may have access to or
process your Personal Information as part of providing those services to us
5. Security Measures
Your security is our priority. We implement:
- End-to-End Encryption: Secure transmission and storage of sensitive data.
- Multi-Factor Authentication: Optional security layers to enhance wallet protection.
- Smart Contract Security: Ensuring compliance with best practices in smart contract
implementation.
6. Third-Party Services
To improve user experience, we may interact with third-party services:
- External Integrations: Users will be notified if their data interacts with external services.
- APIs & Plugins: Any third-party extensions must adhere to strict security protocols.
- The service enables you to interact with certain third-party services, decentralized
applications, and third-party platforms, this privacy notice does not address, and whilst
reasonable care is taken by us, we are not responsible for the privacy practices of any
third parties, and any such links do not imply that we endorse any practices. Any such
use of 3rd-party platforms and those 3rd-party use of your Personal Information is subject
to their respective terms of use and privacy notice (if any) and is not subject to this
privacy notice.
7. Compliance & Legal Obligations
We comply with legal and regulatory standards:
- Regulatory Adherence: Our operations follow applicable financial and data protection
regulations.
- Law Enforcement Requests: We will only disclose information if legally required by
governing authorities in the relevant jurisdictional location.
- Your Rights to access the personal information we hold about you and to request how
this is processed. You have the right to request deletion of your information or provide
accurate alterations, to object to our data processing of your personal information, to
restrict our usage and to receive our records held about you. You may withdraw your
consent at any time or lodge a formal complaint with the relevant authority in your
jurisdiction. For any such requirement above, please contact us on
[email protected]
- Legal Obligations will be adhered to by Qubetics where we have to process your
personal information upon demand by a recognised authority such as tax and
accounting, AML, KYC if and when relevant.
8. Data Retention Policy
Storage Duration: We will retain your Personal Information for the period necessary to fulfil the
purposes outlined in this Privacy Notice to make the Services available to you, or as instructed
by you, unless a longer retention period is required or permitted by law. We may also keep your
data for as long as it is needed in relation to a legal claim, complaint, litigation or regulatory
proceedings.
- Deletion Requests: Users can request data deletion per applicable laws.
9. Consent & User Agreement
- User Consent: By using Qubetics you consent to data processing as outlined within this
privacy notice.
- Withdrawal of Consent: Users may modify privacy settings or discontinue use.
10. Cross-Border Data Transfers
If applicable:
- International Compliance: Data transferred across jurisdictions will comply with relevant
laws at all times appropriate for the relevant jurisdiction and will ensure that the correct
safeguards are in place.
- User Notification: Users will be informed of any significant implications.
11. Automated Decision-Making & Profiling
If automation is involved:
- Transparency: Users will be informed about AI-driven processes that may affect their
security or transactions.
12. Incident Response & Breach Notification
- Security Measures: We actively monitor for breaches and implement rapid response
protocols as a matter of priority.
- User Notification: Users will be promptly informed in the event of unauthorized access.
13. Third-Party Integrations & APIs
- External Services: Integration with third-party services will be transparent and secure.
- User Control: Users may limit or disable third-party connections if required.
14. Children’s Privacy
If applicable:
- Age Restrictions: The Qubetics wallet is not intended for minors under applicable laws.
- Child Privacy Protections: We comply with regulations such as COPPA.
15. Governing Law & Jurisdiction
- Applicable Law: This Privacy Policy shall be governed by and construed in
accordance with the laws of Belize.
- Dispute Resolution: Legal matters will be resolved under applicable laws.
- Complaints should be addressed to the Security Officer using the
[email protected]
email address.
16. Changes to This Policy
- Updates: We may modify this privacy policy and major changes will be communicated.
- Continued Use: Users accept updated terms by continuing to use the Qubetics wallet
17. Contact & Support
If you have concerns or wish to exercise your rights, please contact us at
[email protected]