PRIVACY POLICY
Last Updated
October 29 2024
Introduction
Klydo LLC ("Klydo", "We", "Us", or "Our") is committed to protecting your privacy. This Privacy Policy, together with our Terms of Service, governs our collection, use, and disclosure of your personal information when you use our website, vaultleap.com (the "Website"), and any associated services, including the Vaultleap Platform (collectively, the "Service" or "Klydo Vaultleap Platform"). By accessing or using the Service, you signify that you have read, understood, and agree to be bound by this Privacy Policy and our Terms of Service. If you do not agree with this Privacy Policy or our Terms of Service, you must not access or use the Service. We have prepared this Privacy Policy to describe to you our policies and procedures regarding the collection, use, and disclosure of your personal data when you use the Service, and to help you understand and exercise your privacy rights. Please read this Privacy Policy carefully. If you have any questions or concerns about our use of your personal data, please contact us at the information provided at the end of this Privacy Policy.
Collecting Your Personal Data
We collect the following Personal Data from you when you use Our Service: Account and Transaction Information To establish an account and access the Service, you must provide certain information about yourself, including: - Identification Information: First and last name, date of birth, email, phone number, address, government identification number, and other information necessary to verify your identity. - Financial Information: Bank account information, routing number, or credit card information. - Transaction Information: Information about the transactions you make or attempt to make using the Service, including Vault creation, allocation, and distribution. - Tax Information: Social Security Number (SSN), tax identification number, and other information necessary for tax reporting purposes. User Content We may collect Personal Data included in the User Content you submit, post, or transmit through the Service, such as text, images, audio, video, or other materials. Your Communications with Us We may collect Personal Data, such as email address, phone number, or mailing address when you request information about Our Service, register for Our newsletter, request customer or technical support, or otherwise communicate with Us. Usage Data We may collect information that your browser sends whenever you visit Our Service or when you access the Service by or through a mobile device. Third-Party Service Providers We partner with certain third parties to assist with payments, transactions, identity verification, fraud prevention, and for other legal and compliance functions. We may share Personal Data with Our third-party service providers to carry out these functions, and We and Our service providers may obtain information about you from third-party sources as required or permitted by applicable law. Data Collection and Asset Separation The Vaultleap Platform maintains strict separation between user interface data and blockchain assets: 1. Collected Information Interface Data: - Email communication credentials - Identity verification information - User interface preferences - Platform settings - Support communication records Blockchain Data: - Public address information - Transaction histories - Smart contract interactions - Public blockchain records 2. Data Separation Critical Limitations: - No private key collection or storage - No asset custody capabilities - No blockchain control mechanisms - No transaction authorization access 3. Security Architecture Data Protection: - Encrypted storage systems - Access control protocols - Regular security audits - Data minimization practices
Use of Your Personal Data
Klydo may use Personal Data for the following business purposes: - To provide, maintain, and improve Our Service. - To manage your Account and process transactions. - To contact you and provide customer support. - To detect security incidents and protect against malicious, deceptive, fraudulent, or illegal activity. - To comply with legal obligations and enforce Our policies.
Tax Reporting
We may use your Personal Data, including your SSN and other tax- related information, to comply with applicable tax laws and regulations, generate and electronically deliver necessary tax forms(such as 1099 forms), and for other tax reporting purposes.
Retention of Your Personal Data
Klydo will retain your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy.We will retain and use your Personal Data to the extent necessary to comply with Our legal obligations(for example, if We are required to retain your data to comply with applicable laws), resolve disputes, and enforce Our legal agreements and policies.
Blockchain and Smart Contracts
The Vaultleap Platform operates on blockchain technology, and transactions related to Vaults are facilitated by smart contracts.Due to the decentralized nature of blockchain, certain data and transactions may remain on the blockchain even after the termination of your Account or the removal of User Content.
Disclosure of Your Personal Data
We may share your Personal Data in the following situations: - With service providers and professional advisors to help provide the Service, comply with legal and regulatory requirements, and for other business purposes. - With affiliates, business partners, and advertising partners. - With other users when you share Personal Data or otherwise interact in the public areas with other users. - In connection with business transactions such as mergers, acquisitions, or asset sales. - To law enforcement, government officials, or other third parties, if required by law or to protect Our rights and interests.
Security of Your Personal Data
We follow generally accepted industry standards to protect the Personal Data you submit to Us, with particular attention to sensitive information such as Social Security Numbers(SSN) and other tax - related data.We implement appropriate technical and organizational measures to ensure a level of security appropriate to the risk, including encryption, pseudonymization, and strict access controls.However, 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.
Security Architecture
Security Architecture and Asset Independence The Vaultleap Platform implements distinct security domains: 1. Blockchain Asset Security User-Controlled: - On-chain asset custody - Private key management - Transaction authorization - Smart contract interaction 2. Platform Security Interface Protection: - Access control systems - Data encryption protocols - Communication security - Interface protection 3. Security Boundaries Clear Separation: - No cross-domain control - Independent security systems - Distinct authorization mechanisms - Separate operational protocols 4. Security Limitations Platform Cannot: - Bridge security domains - Override blockchain security - Access user assets - Modify blockchain state
International Transfer of Your Personal Data
Your information, including Personal Data, is processed at Klydo's operating offices and in any other places where the parties involved in the processing are located. This means that your information may be transferred to — and maintained on — computers located outside of your state, province, country, or other governmental jurisdiction, including the United States, where the data protection laws may differ from those in your jurisdiction. By using the Service, you are consenting to the transfer of your Personal Data.
Cookies
At Klydo, we utilize various tracking technologies and cookies to enhance your experience on our platform and gather valuable insights into its usage. These technologies enable us to improve and analyze our service while ensuring its functionality and security. Here's an overview of the tracking technologies we employ: Cookies: Cookies are small files stored on your device that help us track your activity on our service and store certain information. You can manage your cookie preferences through your browser settings. Please note that refusing cookies may impact certain features of our service. Web Beacons: We may also utilize web beacons, which are small electronic files embedded in certain sections of our service and emails. These beacons allow us to track user interactions, such as page visits or email opens, and gather related website statistics. Cookies can be categorized as "Persistent" or "Session" cookies: - Necessary / Essential Cookies: These cookies are essential for providing you with services available through our platform and enabling you to utilize its features. They help authenticate users and prevent fraudulent use of user accounts. - Cookies Policy / Notice Acceptance Cookies: These persistent cookies indicate whether users have accepted the use of cookies on our platform. - Functionality Cookies: Our persistent functionality cookies remember your preferences and choices while using our platform, such as login details or language preferences. They aim to provide you with a personalized experience and eliminate the need to re-enter preferences. - Tracking and Performance Cookies: Administered by third parties, these persistent cookies track information about website traffic and user behavior. The data collected may indirectly or directly identify you and is often linked to a pseudonymous identifier associated with your device. We may also use these cookies to test new features or functionalities and gauge user reactions. Your privacy and control over your data are important to us. If you have any questions or concerns about our use of tracking technologies and cookies, please contact us at support@klydo.io
Your Rights
Depending on your location and subject to applicable law, you may have the right to: - Request access to or deletion of your Personal Data. - Object to or restrict the processing of your Personal Data. - Request correction of inaccurate Personal Data. - Withdraw your consent to the processing of your Personal Data. - Request the transfer of your Personal Data to another party. To exercise these rights, please contact Us as set forth below. Consent to Electronic Delivery of Tax Forms By using the Service and providing your tax-related information, you consent to receive your tax forms (such as 1099 forms) electronically. You have the right to withdraw your consent to electronic delivery at any time by contacting Us as set forth below. If you withdraw your consent, We will provide you with paper copies of your tax forms. Retracting Consent for Electronic Delivery of Tax Forms You have the right to retract your consent for electronic delivery of tax forms (such as 1099 forms) at any time. If you wish to receive your tax forms via USPS mail instead of electronically, please contact us at support@klydo.io with the subject line "Tax Form Delivery Preference Change". Please provide your full name, account email address, and mailing address in your request. We will process your request and send future tax forms via USPS mail to the address you provide. Requesting Personal Data (GDPR) If you are a resident of the European Economic Area (EEA) or another jurisdiction with similar data protection laws, you have the right to request access to the personal data we hold about you. To exercise this right, please contact us at support@klydo.io with the subject line "Personal Data Access Request". We will respond to your request within 30 days and provide you with a copy of the personal data we hold about you in a structured, commonly used, and machine-readable format. Requesting Deletion of Personal Data (GDPR) If you are a resident of the EEA or another jurisdiction with similar data protection laws, you have the right to request the deletion of your personal data from our systems. To exercise this right, please contact us at support@klydo.io with the subject line "Personal Data Deletion Request". We will process your request within 30 days, subject to any legal obligations that may require us to retain certain information. Please note that deleting your personal data may affect your ability to use our services.
Children's Privacy
Our Service does not address anyone under the age of 18. We do not knowingly collect Personal Data from anyone under the age of 18. If you are a parent or guardian and you are aware that your child has provided Us with Personal Data, please contact Us. If We become aware that We have collected Personal Data from anyone under the age of 18 without verification of parental consent, We take steps to remove that information from Our servers.
Links to Other Websites
Our Service may contain links to other websites that are not operated by Us. If you click on a third-party link, you will be directed to that third party's site. We strongly advise you to review the Privacy Policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services.
Changes to this Privacy Policy
We reserve the right to amend Our Privacy Policy at any time and as needed. When We update Our Privacy Policy, We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date at the top of the Privacy Policy. Your continued use of the Service following the posting of changes constitutes your acceptance of such changes.
Contact Us
If you have any questions about this Privacy Policy, our data practices, if you wish to exercise your data protection rights, please contact us at: Email: support@klydo.io Mailing Address: Klydo LLC PMB 1066 447 Sutter St, Ste 405 San Francisco, CA 94108
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2023 - 2025 Klydo, LLC.