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OVERVIEW

PRIVACY POLICY

This privacy policy explains how we process and protect your personal data when you use our website available on https://silhouette.exchange/ (“Website”)

The Website is provided by Silhouette AG, Gartenstrasse 6, 6300 Zug, Switzerland (the "Company", "we", "our", or "us"). The Company is the controller for the data processing described below. Unless otherwise defined in this privacy policy, the definitions used in this privacy policy have the same meaning as in the Swiss Federal Act on Data Protection (FADP) or the EU General Data Protection Regulation (GDPR).

Our Policy

PERSONAL DATA WE COLLECT ABOUT YOU, THE REASONS FOR PROCESSING IT, AND THE LEGAL BASIS FOR SUCH PROCESSING

When you access, use, connect to, or interact with the Website, we may collect certain categories of personal data. This may include your (i) internet protocol (IP) address, (ii) digital-asset, smart-contract, or protocol address identifiers ("Wallet"), (iii) geolocation data, (iv) as well as the content of any communications you send to us. We process this information to provide you access to the Website and where applicable, to respond to your requests.

In addition, when you navigate or interact with the Website, our servers automatically log technical and usage data. This may include the date, time and country of access, the API endpoints accessed, as well as details about your device, operating system, browser, user agent, and the transmission protocol used. We process this information to provide you access to the Website, and, based on our legitimate interests, to maintain the security, stability, and functionality of the Website, as well as for troubleshooting, analytics, testing, research, optimisation, and internal statistical analysis purposes. In our legitimate interests, we may further use your personal data to create aggregated, anonymised, or de-identified datasets.

Finally, we may process your personal data as required to comply with legal obligations, enforce our terms and conditions, and protect the Website, our rights, and the rights of our users and others.

YOUR RIGHTS

Following relevant data protection laws, you may possess specific rights concerning your personal data. These rights may encompass the following:
  • You have the right to access your data held by the Company, understand how it's used, and know who it's shared with.
  • You can request corrections to your personal data held by the Company, pending investigation and verification of any disputed information.
  • In certain situations, you have the right to delete or remove your personal data.
  • You may object to the processing of your personal data under specific circumstances. Where the legal basis for our processing of your personal data is our legitimate interest, you have the right to object to such processing on grounds relating to your particular situation. We will abide by your request unless we have a compelling legal basis for the processing which overrides your interests or if we need to continue to process the personal data for the exercise or defence of a legal claim.
  • You can restrict the processing of your personal data to prevent its use beyond storage purposes, in certain scenarios.
  • You are entitled to data portability; the Company will strive to provide you, or a third party, with a copy of your personal data in a structured, commonly used, machine-readable format.
  • You may opt out of marketing communications anytime by utilising the unsubscribe or opt-out options provided in those communications or sending an email to team@silhouette.exchange.
  • You will be informed of any personal data breaches unless such a breach is unlikely to harm you.
  • You can withdraw your consent if the Company relies on it for personal data processing; however, this won't impact the processing of data carried out before the withdrawal or based on other legal grounds.
  • You have the right of appeal to a data protection supervisory authority if you believe that the processing of your personal data violates data protection law. The competent data protection authority in Switzerland is the Federal Data Protection and Information Commissioner (www.edoeb.admin.ch/edoeb/en/home.html). In the EU and EEA, you can exercise this right, for example, before a supervisory authority in the Member State of your residence, your place of work or the place of the alleged infringement. You can find a list of the relevant authorities here: https://edpb.europa.eu/about-edpb/board/members_en

SHARING OF PERSONAL DATA

We may share your information with third parties when you consent, when necessary for the provision of the Website, or as otherwise allowed by law. In particular, your personal data may be shared in the following situations:

  • With service providers and vendors: The Company may share your data with third parties for processing. These third parties might include blockchain analysis services, know-your-customer and screening providers, developers, content delivery services, and data analytics firms. These service providers may help us with various functions and tasks, such as assessing your eligibility for participation in certain services.

  • With professional advisors, in our legitimate interests or as required by law: As necessary, we will share your data with professional advisors such as auditors, law firms, cybersecurity specialists, data analysis organisations, and/or consulting or accounting firms.

  • To safeguard our services and business, we may share information for legal and security reasons, either in our legitimate interests or as mandated by law: This includes cooperation with law enforcement and regulatory bodies to meet legal requirements and respond to official requests for information. Additionally, in connection with activities like asset sales, mergers, bankruptcies, or other business transactions or reorganizations, we may disclose your personal data to the necessary third parties while negotiating or during any corporate restructuring, merger, or sale of assets.

  • We and/or our service providers may transfer your personal data to and process it in the following countries:
  • EU and EEA
  • UK
  • USA
  • We may use service providers partly located in so-called third countries (outside the European Union or the European Economic Area or Switzerland) or process personal data there, i.e., countries whose level of data protection does not correspond to that of the EU or Switzerland.

We safeguard your personal data per our contractual obligations and applicable data protection legislation when transferring data abroad.

  • Such safeguards may include:
  • The transfer to countries that have been deemed to provide an adequate level of protection according to the Federal Council, as well as to countries where there is an adequacy decision by the European Commission in place
  • Applying standard data protection model clauses, binding corporate rules or other standard contractual obligations that provide appropriate data protection
  • If a third country transfer takes place and there is no adequacy decision or appropriate safeguards, it is possible and there is a risk that authorities in the third country (e.g. intelligence services) can gain access to the transferred data and that the enforceability of your data subject's rights cannot be guaranteed.

RETENTION

We will retain your personal data only for so long as necessary to fulfill the purposes for which it was collected, including for the purposes of satisfying any legal, accounting or reporting requirements, or as otherwise required by law. The length of time we retain your data will depend on the nature of the data and the purpose for which it was processed. We expect to delete your personal data (at the latest) once there is no longer any legal or regulatory requirement or legitimate business purpose for retaining your data.

DATA ON THE BLOCKCHAIN

When using our Website or using any applicable blockchain in relationship with our Website, you should be aware that any transactions will be publicly and irrevocably archived on the applicable blockchain once you sign them and send them to the network. These transactions typically include information about how many tokens have been bought, sold, transferred or otherwise interacted with, a timestamp, and the involved addresses. They do not include data such as your name or e-mail address. Nonetheless, once someone knows that a particular address belongs to you, they can connect all the transactions involving that address to you.

SECURITY MEASURES TAKEN TO PROTECT PERSONAL DATA

We take reasonable technical and organisational security measures that we deem appropriate to protect your stored data against manipulation, loss, or unauthorised third-party access. Our security measures are continually adapted to technological developments. Our employees and the service providers that we engage are required to maintain secrecy and comply with applicable data protection legislation. In addition, they are granted access to personal data only insofar as this is necessary for them to carry out their respective tasks or mandate. The security of your personal data is important to us but remember that no method of transmission over the internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal data, we cannot guarantee its absolute security. We recommend using antivirus software, a firewall, and other similar software to safeguard your system.

SOCIAL MEDIA AND OTHER THIRD-PARTY WEBSITES AND LINKS

Our Website contains links to websites or apps that are not operated by us. When you click on a third-party link, you will be directed to that third party's website or app. We have no control over the content, privacy policies, or practices of any third-party websites or services. We maintain online presences on social networks. If you have an account on the same network, it is possible that your information and media made available there may be seen by us, for example, when we access your profile. In addition, the social network may allow you to contact us. As soon as we transfer personal data into our own system, we are responsible for this independently. This is then done to carry out pre-contractual measures and to fulfil a contract. For the legal basis of the data processing carried out by the social networks under their own responsibility, please refer to their data protection declarations. Below is a list of social networks on which we operate an online presence:

PERIODIC REVIEWS AND UPDATES TO POLICY

The Company may review and update this Policy from time to time. Updates to our Policy will apply only to information collected after the change date. If we make material changes to the Policy, we will update the “Last Revised” date at the top of this Policy.

CONTACT

Should you have any questions or complaints about our privacy or data protection practices, your personal data, or this Policy, you can email us at team@silhouette.exchange