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Privacy Policy

Last Updated: January 11, 2025

Your Privacy Matters

BlockFraction AI ("we," "our," or "us") is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our waitlist registration service.

1. Information We Collect

1.1 Personal Information You Provide

When you join our waitlist, we collect the following information:

Data Type Examples Purpose
Identity Information First name, last name To identify you and personalize communications
Contact Information Email address, phone number (optional) To contact you about early access and updates
Professional Information Organization/company name To understand your professional context
Geographic Information Country To ensure regulatory compliance and localization
User Type Information Asset owner or investor classification To tailor our services and communications
Interest Information Asset types, investment ranges, referral source To understand your needs and improve our services
Communication Preferences Newsletter subscription status To respect your communication preferences

1.2 Automatically Collected Information

When you access our website, we automatically collect:

  • Device Information: IP address, browser type, operating system
  • Usage Data: Pages visited, time spent, interaction data
  • Technical Data: Cookies, device identifiers, referral URLs

2. How We Use Your Information

2.1 Legal Bases for Processing (GDPR)

We process your personal data based on the following legal grounds:

  • Consent: You have given explicit consent for us to process your personal data for joining our waitlist and receiving communications
  • Legitimate Interests: To improve our services, conduct analytics, and develop our platform
  • Legal Obligation: To comply with applicable laws and regulations

2.2 Purposes of Processing

We use your information to:

  1. Manage your waitlist registration and position
  2. Send you important updates about BlockFraction AI
  3. Provide early access invitations when available
  4. Send educational content and market insights (if you opted in)
  5. Improve our platform and user experience
  6. Conduct analytics and market research
  7. Comply with legal and regulatory requirements
  8. Prevent fraud and ensure platform security
  9. Respond to your inquiries and support requests

3. How We Share Your Information

3.1 Service Providers

We share your information with trusted third-party service providers who help us operate our platform:

  • Azure Functions (Microsoft): Cloud hosting and serverless computing
  • MongoDB Atlas: Database storage and management
  • SendGrid (Twilio): Email delivery and communication services
  • Analytics Providers: To understand usage patterns and improve our services

All service providers are contractually obligated to protect your data and use it only for the purposes we specify.

3.2 Legal Requirements

We may disclose your information if required by law, legal process, or government request, or to:

  • Comply with legal obligations
  • Protect our rights, property, or safety
  • Prevent fraud or illegal activities
  • Respond to emergencies involving personal safety

3.3 Business Transfers

If BlockFraction AI is involved in a merger, acquisition, or sale of assets, your information may be transferred. We will notify you before your information becomes subject to a different privacy policy.

3.4 We Do NOT Sell Your Data

We do not sell, rent, or trade your personal information to third parties for their marketing purposes.

4. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence, including the United States and European Union. These countries may have different data protection laws.

We ensure appropriate safeguards are in place for international transfers:

  • Standard Contractual Clauses approved by the European Commission
  • Adequacy decisions by the European Commission
  • Data Processing Agreements with all third-party processors
  • Privacy Shield certification (where applicable)

Your Rights Under GDPR

If you are in the European Economic Area (EEA), UK, or Switzerland, you have the following rights:

  1. Right to Access: Request a copy of your personal data we hold
  2. Right to Rectification: Correct inaccurate or incomplete data
  3. Right to Erasure ("Right to be Forgotten"): Request deletion of your data
  4. Right to Restriction: Limit how we use your data
  5. Right to Data Portability: Receive your data in a machine-readable format
  6. Right to Object: Object to processing based on legitimate interests
  7. Right to Withdraw Consent: Withdraw consent at any time
  8. Right to Lodge a Complaint: File a complaint with your data protection authority

To exercise any of these rights, contact us at: privacy@blockfractionai.com

We will respond to your request within 30 days as required by GDPR.

5. Data Retention

We retain your personal information only for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required by law.

Data Category Retention Period
Waitlist Registration Data Until platform launch + 2 years, or upon request for deletion
Communication Records 3 years from last contact
Analytics Data Aggregated and anonymized after 2 years
Legal/Compliance Records 7 years (as required by law)

After the retention period, we will securely delete or anonymize your data.

6. Data Security

We implement industry-standard security measures to protect your information:

  • Encryption: Data encrypted in transit (TLS/SSL) and at rest (AES-256)
  • Access Controls: Role-based access with multi-factor authentication
  • Regular Audits: Security assessments and vulnerability testing
  • Secure Infrastructure: Enterprise-grade cloud hosting with Microsoft Azure
  • Data Backup: Regular automated backups with secure storage
  • Incident Response: Procedures to respond to data breaches

While we strive to protect your data, no method of transmission over the internet is 100% secure. We cannot guarantee absolute security.

7. Cookies and Tracking Technologies

We use cookies and similar technologies to improve your experience:

7.1 Types of Cookies We Use

  • Essential Cookies: Required for website functionality
  • Analytics Cookies: Help us understand how visitors use our site
  • Preference Cookies: Remember your settings and preferences
  • Marketing Cookies: (Only with your consent) Track conversions and measure campaign effectiveness

7.2 Managing Cookies

You can control cookies through your browser settings. Note that disabling certain cookies may affect website functionality.

8. Children's Privacy

Our services are not intended for individuals under 18 years of age. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us immediately.

9. Your California Privacy Rights (CCPA)

If you are a California resident, you have additional rights under the California Consumer Privacy Act (CCPA):

  • Right to know what personal information we collect, use, and disclose
  • Right to delete personal information
  • Right to opt-out of the sale of personal information (we do not sell your data)
  • Right to non-discrimination for exercising your rights

To exercise these rights, contact us at: privacy@blockfractionai.com

10. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of material changes by:

  • Updating the "Last Updated" date at the top of this policy
  • Sending an email notification to registered users
  • Posting a prominent notice on our website

Continued use of our services after changes constitutes acceptance of the updated policy.

11. Third-Party Links

Our website may contain links to third-party websites. We are not responsible for the privacy practices of these external sites. We encourage you to review their privacy policies.

Contact Us

If you have questions, concerns, or requests regarding this Privacy Policy or your personal data:

Email: privacy@blockfractionai.com
General Inquiries: founders@blockfractionai.com
Phone: (+44) 121 790 0562

Data Protection Officer:
BlockFraction AI
Ability2code Ltd
Dubai International Financial Centre (DIFC)
Dubai, UAE

For EU residents: You have the right to lodge a complaint with your local data protection authority.

Your Consent

By joining our waitlist and using our services, you acknowledge that you have read and understood this Privacy Policy and consent to the collection, use, and disclosure of your information as described herein.

You can withdraw your consent at any time by contacting us or unsubscribing from our communications.

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Transforming high-value physical assets into accessible, dynamic investments through AI-powered tokenization.

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