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Privacy Policy

This Privacy Policy (the “Policy”) explains and sets out the basis for the collection of information through, or in association with, our website whose home page is located at www.parallelchain-lab.io (the “Site”), or otherwise through your interactions with us (the Site, content, features, pages, or applications owned or operated by us collectively, the “Services”).

Changes to the Policy

We reserve the right, at any time, to modify or update this Policy. Any such modifications, alterations, or updates will be effective upon our posting of a revised version and updating the “Last Modified” date above. Your continued use of our Services after any modification to this Privacy Policy will constitute your acceptance of such modification

Applicability Of This Privacy Note

This Policy is subject to the Terms of Service and any partner or affiliate agreements, as applicable, that govern your use of the Services. This Privacy applies regardless of the means used to access or provide information through the Services.

This Privacy Notice does not apply to information from or about you collected by any third-party services, applications, or advertisements associated with, or websites linked from, the Services. The collection or receipt of your information by such third parties is subject to their own privacy policies, statements, and practices, and under no circumstances are we responsible or liable for any third party's compliance therewith

Personal Information We Collect

We collect information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked, directly or indirectly, with a particular consumer or household (“Personal Information”). In addition, we may collect data that is not identifiable to you or otherwise associated with you, such as anonymized or aggregated data, and is not Personal Information. To the extent this data is stored or associated with Personal Information, it will be treated as Personal Information; otherwise, the data is not subject to this Policy

The types of Personal Information we collect about you depends on your interactions with us and your use of the Services. We collect the below categories of Personal Information from our users: (i) identifiers such as your name, username, email address, ID for KYC and compliance purposes, internet protocol (IP) address or other similar identifiers; (ii) information that you provide to verify your identity (e.g., images of your face, images of your government issued identification); and (iii) your use of the Services, such as your IP address, browser attributes and type, mobile device and operating system, the pages you visit on our Services, the date and time of your visits, and other clickstream data that helps us understand how you interact with the Services

How We Use Your Personal Information

We may collect and process the following types of Personal Information for the following purposes: (i) providing the Services; (ii) marketing our products and services to you; (iii) communicating with you by email and other methods of communication, about products, services, and information tailored to your requests or inquiries; (iv) Anti-money laundering (“AML”) and know-your-customer (“KYC”) compliance purposes; (v) detecting security incidents, protecting against malicious, deceptive, fraudulent, or illegal activity, and prosecuting those responsible for that activity; (vi) debugging to identify and repair errors that impair existing intended functionality; (vii) undertaking activities to verify or maintain the quality or safety of the services and to improve, upgrade, or enhance the services or devices owned, manufactured, manufactured for, or controlled by us; (viii) complying with applicable laws, regulations, rules and requests of relevant law enforcement and/or other governmental agencies, or for other purposes, as permitted or required by law, such as to ensure compliance with recruitment and employment laws, tax laws or other business obligations, to mitigate the risk of fraud and other violations of law, or as otherwise required by applicable law. We cannot provide the Services to you without such processing; and (ix) as necessary or appropriate to protect the rights, property, and safety of our users, us, and other third parties

How We Obtain Your Personal Information

When we require certain Personal Information from you, it is because we are required by applicable law to collect this information or it is relevant for specified purposes. We collect your Personal Information from the following categories of sources: (i) directly from you, such as when you submit a form, register for an account or use the Services; and (ii) automatically or indirectly from you, such as through logging and analytics tools, such as Google Analytics; device information; geolocation information from our public databases and service providers.

How We Share Your Personal Information

We may share your Personal Information with the following categories of third parties: (i) our service providers, business partners or third-party organizations that help us provide the Services to you. Such entities will be given access to your information as is reasonably necessary to provide the Service under contractual obligations at least as protective as this Policy; (ii) we may share your Personal Information if we believe that such disclosure is necessary to comply with any applicable laws, regulations, legal processes or requests by government agencies and public authorities (e.g., law enforcement, tax authorities, etc.) or to protect the integrity of the Services or our interests, rights, property, or safety and/or that of our users and others; and (iii) Public blockchain transaction information you provide will be broadcast publicly to the network necessary to confirm the transaction. Blockchain transactions are recorded on the public blockchain. Information on a public blockchain is not truly anonymous and you should never consider such transactions private.

Thirty-Party Websites and Services

We may reference or provide links to third-party websites and services, including those of unaffiliated third parties, our affiliates, service providers. When you access these third-party services, you leave our Services, and we are not responsible for, and do not control, the content, security, or privacy practices employed by any third-party websites and services. You access these third-party services at your own risk. This Policy does not apply to any third-party services; please refer to the policies for such third-party services for information about how they collect, use, and process Personal Information.

International Use

When you access or use our Services, your information may be processed in any country in which we, our affiliates or service providers maintain facilities as applicable. Such countries or jurisdictions may have data protection laws that are less protective than the laws of the jurisdiction in which you reside. If you do not want your information transferred to, processed, or maintained outside of the country or jurisdiction where you are located, you should immediately stop using the Services.

Retention

We retain Personal Information to the extent we deem necessary to carry out the processing activities described above, including but not limited to compliance with applicable laws, regulations, rules and requests of relevant law enforcement and/or other governmental agencies, and to the extent we reasonably deem necessary to protect our and our partners' rights, property, or safety, and the rights, property, and safety of our users and other third parties.

Your Choice

You have the right to inform us not to process your Personal Information for marketing purposes. You can exercise the right at any time by contacting us by email at info@parallelchain.io.

Contact Us

If you have any questions about this Privacy Policy or our Services, please contact us at info@parallelchain.io.

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