Announcement, Vconomics News

Vconomics privacy and security policy

First of all, Vconomics would like to thank you for your trust and support for the decentralized digital economy. With the “Privacy and Privacy Policy” below, Vconomics wants to help you understand our approach to the use of your personal data in order to optimize the utility for users.

We understand that each user’s personal information is extremely important, so we make every effort to securely store and handle the information you share. By submitting your personal data to us, you will be deemed to have agreed to the “Privacy and Privacy Policy” of Vconomics as shown in the following text.

1. Purpose of data collection

Your basic information fields (including name, age, address, phone number, email…) will be collected by us.

By registering Vconomics account with Gmail and Facebook, You have the right to register, login and experience the application through Facebook and at the same time agree to allow the Vconomics application to access and obtain relevant information about your full name, profile avatar and your UID of personal Facebook page during using service.

The registration by connecting Facebook is not compulsory. You are able to disconnect Vconomics application anytime without interruption by referring to guildeline here. That means Vconomics no longer collects your personal information.

Any requests relating to your data deletion, kindly send to email [email protected] to support.

This data is used to provide necessary services or improve the application in accordance with the needs of the user. We will use your personal information to:

  • Respond to queries or requests submitted by you
  • Processing and calculating credit scores, thereby meeting your requirements related to the financial — banking industry
  • Anticipate, solve problems about products and services that we provide
  • Create new products or upgrade existing products to fit your wants and needs in the digital economy.

Vconomics is a decentralized digital economy, so accompanying services such as NFT production, NFT transactions, credit score calculation, etc. are only performed when the system has your basic information. We respect each user’s privacy, therefore Vconomics will only use your personal data for this purpose when you already know it. If necessary, we will ask for your consent before using personal data for direct marketing.

If you do not wish to receive the utilities of Vconomics (including those that require personal information), you can contact us. Vconomics will immediately stop using your information for such purposes (Note: However, if you stop allowing us to access your personal information, you have partially restricted the use of your information functionality of the application, reducing its experience with Vconomics)

These third parties will not use your personal information for any purpose other than what we have agreed with them. We ensure that the working terms between Vconomics and third parties are completely transparent, safe for you — the residents of the Vconomics ecosystem.

Except as set forth in this privacy policy, we will not disclose any personally identifiable information without your permission unless we have a legal right or need to do so (for example, where disclosure is required to a third party for investigation purposes in accordance with applicable law) or if we believe such action is necessary to protect rights, property, or safety individual of our customers/partners/users/organizations.

Rest assured that we will not use your information for any purpose that is illegal or beyond the scope of the application.

2. The contents of the privacy policy

2.1. Information data collecting

2.1.1. Automatic collection

We will collect your IP address and other standard web information such as browser type, pages you visit while using the service, information about computers & network devices, etc. The purpose of information analysis is to serve security and keep the system safe.

2.1.2. Collect from your surveys

The information you submitted to us in use such as installation, account registration, account authentication … will also be stored by us for later customer care.

2.1.3. Information data collection through cookies

We use cookies to learn more about how you interact with our content and to help us improve your experience when visiting the official Vconomics website.

We will not use cookies to collect your personally identifiable information. However, in the event that you wish to refuse to provide cookies to us, you may remove or block the cookies set by Vconomics or the websites of any third-party vendors by changing your browser settings.

(*) Note that most browsers automatically accept cookies. If you do not want cookies to be used, you need to actively delete or block cookies.

(*) If you refuse to use cookies, you will still be able to access our website and applications, however, some product functions will not be able to perform their best.

2.1.4. Collecting and storing information data in the past

The personal information you provide may be modified to suit your needs. We will still save the altered information to prevent fraud.

2.2. Store and protect information

Your personal information will be stored in our database. Vconomics is responsible for the absolute protection of personal data such as passwords, firewalls, encryption, and other appropriate forms. In the case of data retrieval, we only authorize access and data processing to the appropriate objects (for example, yourself or the employees responsible for processing information with you through the suitable steps of identification).

2.2.1. Information usage

Your information will be automatically collected by blockchain, Big Data and AI systems to:

· Process data and provide you with effective financial solutions

· Provide customer service and support

· Handling complaints, solving problems (if any)

· Prevent risk from prohibited or illegal behavior

· Send you information about marketing programs, announcements & promotions.

· Compare the accuracy of your personal information during third-party checks.

2.3. Sharing information with third parties

We will not share your personal information, financial information, etc., with third parties unless we have your consent or when we are required to comply with the law or when requested from the Competent Authority.

2.3.1. Privacy policy change

This Privacy Policy may change from time to time. We will not reduce your rights under this Privacy Policy without your consent. We will post any Privacy Policy changes on this page. If there are significant changes, we will notify in a more formal manner (For example, by email notification of changes to the Privacy Policy)

2.3.2. Contact us

You can contact us to update your preferences, correct your information, submit a request or send us a question at:

· Email: [email protected]

· Address: New Horizon Building, Ground Floor, 3 1/2 Miles Philip S.W. Goldson Highway Belize City, Belize.

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Email: [email protected]

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