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ECONEXUS FINANCE PRIVACY POLICY

1. Introduction

At EcoNexus Finance, your privacy is our priority. This Privacy Policy outlines how we collect, use, store, and protect your personal information when you use our services, applications, or interact with our platform.

As a blockchain-focused company, we are committed to safeguarding your data with the highest level of transparency, security, and compliance. This policy ensures you understand:

  • What information we collect and why;
  • How we use and protect your information;
  • Your rights and choices regarding your data.

Our practices align with international privacy laws, including the General Data Protection Regulation (GDPR), Panama Data Protection Law, and other relevant regulations. By using our services, you acknowledge and consent to the terms described in this Privacy Policy.

To ensure clarity, we have provided definitions for key terms used in this policy:

  • "Personal Data": Any information that identifies or can reasonably be used to identify an individual, such as your name, email address, or IP address.
  • "Blockchain Data": Information stored immutably on the blockchain, which may include transaction details, wallet addresses, or metadata related to decentralized applications (dApps).
  • "Processing": Any operation or set of operations performed on data, such as collection, storage, or sharing.
  • "Data Controller": The entity that determines the purposes and means of processing personal data, EcoNexus Inc.
  • "Data Processor": An entity that processes data on behalf of the Data Controller.
  • "Services": Any products, applications, or platforms provided by EcoNexus that involve user interaction or data processing.
  • "You" or "User": Refers to any individual accessing or using our services.

Due to the immutable and decentralized nature of blockchain technology, data stored on the blockchain may not be alterable or deletable. This Privacy Policy explains how we strive to balance the principles of blockchain transparency with your privacy rights.

By using our platform, you acknowledge and consent to the terms outlined in this Privacy Policy. We comply with relevant privacy laws, including the Panama Data Protection Law. If you have any questions, concerns, or requests related to your data or privacy rights, please contact us at [email protected]

2. Personal Data Processed by EcoNexus

EcoNexus is committed to protecting your personal data and ensuring its secure and lawful processing. As part of providing its services, EcoNexus may collect, process, and store the following categories of personal data:

  • a. Identification Data:
    • Full name
    • Date of birth
    • Nationality
  • b. Contact details:
    • Email address
    • Phone Number
    • Telegram ID
    • Residential country
  • c. Account and Transaction Data:
    • Web3 wallet address
    • Transaction history, including amounts deposited and transferred to projects
    • Payment methods and details
  • d. Technical Data:
    • IP address
    • Browser type and version
    • Device type and operating system
    • Log and usage data related to interactions with the platform
  • e. Communication Data:
    • Messages, feedback, emails, or inquiries sent to EcoNexus Finace
    • Responses to surveys, forms, or questionnaires
  • f. Optional Data:
    • Any additional data provided voluntarily by the user, such as suggestions for projects or feedback shared through communication channels.

3. How EcoNexus Finance Uses Your Personal Data

The personal data collected is processed for the following purposes:

  • Verifying your account and payment
  • Facilitating transactions and providing services through the platform.
  • Ensuring the security and integrity of the platform.
  • Communicating important updates, notices, and support information.
  • Improving the user experience and optimizing platform functionality.
  • Complying with legal obligations and regulatory requirements.

EcoNexus Finance ensures that your personal data is handled in accordance with applicable privacy laws, including the Panama Data Protection Law, and only processes the data necessary to provide and improve its services. For further details, refer to the complete Privacy Policy.

4. Security of Your Data

At EcoNexus Finance, the security of your personal data is a top priority. We implement industry-standard measures to protect your information from unauthorized access, use, disclosure, alteration, or destruction.

All data transmitted between your device and the EcoNexus platform is encrypted using SSL/TLS protocols to safeguard it during transit, while sensitive information is also encrypted at rest using advanced encryption standards. Access to your data is strictly limited to authorized personnel who require it for their job responsibilities, with role-based access controls and authentication mechanisms in place to ensure restricted access.

Regular security assessments, including vulnerability scans and penetration testing, are conducted to identify and address potential risks, while real-time monitoring helps detect and respond to unusual activity. Your personal data is stored securely on servers that comply with applicable data protection laws, with regular backups performed to prevent accidental loss or corruption.

Users are also responsible for securing their accounts by using strong passwords, safeguarding wallet credentials, and enabling multi-factor authentication where available. In the unlikely event of a security breach, EcoNexus has an incident response plan in place to mitigate risks, notify affected users, and restore system integrity in compliance with applicable laws. While we take every precaution to secure your data, there might be security breaches that arise from users. Users are encouraged to take additional precautions, such as securing their devices and networks, to further minimize risks.

5. Data Transmission with Third-Parties

EcoNexus may transmit your personal data to third-party service providers and legal authorities when necessary to provide services, ensure compliance with applicable laws, or protect the integrity of the platform.

For operational purposes, EcoNexus may collaborate with third-party service providers, such as KYC/AML verification partners, payment processors, and security solution providers. These providers are carefully selected to ensure they adhere to strict data protection standards and are authorized to process your data solely for the purposes of delivering their services. All data shared with third parties is encrypted and shared only to the extent necessary to fulfill these specific purposes.

Additionally, EcoNexus may transmit user data to regulatory bodies or legal authorities if required by law, court orders, or requests from government agencies. This may include cases involving suspected illegal activities, such as money laundering, fraud, or terrorism financing. EcoNexus reserves the right to share relevant data to comply with these legal obligations and to protect the platform, its users, and the community.

Users acknowledge and agree to the potential transmission of their personal data as described above by using the EcoNexus platform. EcoNexus remains committed to ensuring all data transmissions are conducted securely and in compliance with applicable privacy laws, including the Panama Data Protection Law.

6. Data Transmission to Servers Abroad

EcoNexus may transmit and store personal data on servers located outside of Panama to facilitate the operation of its services, improve performance, or comply with technical and operational requirements. By using the EcoNexus platform, you acknowledge and consent to the transfer, storage, and processing of your personal data on servers located in different jurisdictions than Panama.

EcoNexus ensures that such data transfers comply with applicable data protection regulations, including the Panama Data Protection Law, by implementing appropriate safeguards to protect your personal data. These safeguards may include contractual obligations requiring recipients of your data to maintain equivalent levels of protection, as well as adherence to international data transfer standards such as standard contractual clauses or other mechanisms approved by relevant regulatory authorities.

7. Your Privacy Rights

At EcoNexus, we are committed to ensuring that you have control over your personal data and understand your privacy rights. In accordance with applicable data protection laws, including the Panama Data Protection Law, you are entitled to the following rights regarding your personal data:

  • a. Right to Access: You have the right to request access to your personal data that we process. This includes details about the type of data we hold, the purpose of its processing, and the parties with whom it has been shared.
  • b. Right to Rectification: You have the right to request correction or updates to your personal data if it is incomplete, inaccurate, or outdated.
  • c. Right to Deletion: You may request the deletion of your personal data, subject to certain exceptions, such as when the data is required to comply with legal obligations, resolve disputes, or enforce agreements.
  • d. Right to Restrict Processing: Under certain circumstances, you can request that we limit the processing of your personal data, for example, while verifying its accuracy or if you object to its processing.
  • e. Right to Object: You have the right to object to the processing of your personal data for specific purposes, such as direct marketing or profiling, unless we have a compelling legal basis to continue processing it.
  • f. Right to Withdraw Consent: If the processing of your personal data is based on your consent, you have the right to withdraw that consent at any time. This will not affect the legality of processing based on your prior consent.

8. How Long We Keep Your Personal Data

EcoNexus retains your personal data only for as long as necessary to fulfill the purposes for which it was collected, as outlined in this Privacy Notice, to comply with legal, regulatory, and contractual obligations. The retention period for your personal data depends on the specific context in which it was collected and its intended use, including:

  1. Service Provision: Personal data required for providing our services is retained for the duration of your use of the platform and as necessary to fulfill your requests or complete transactions.
  2. Legal and Regulatory Compliance: Certain personal data may be retained for extended periods to comply with applicable legal and regulatory requirements, such as Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) laws, which may mandate that we store specific data for a prescribed period after your account is closed.
  3. Dispute Resolution: Personal data may be retained to resolve disputes, enforce our agreements, or defend against potential legal claims.
  4. Business Operations: Data used for business analytics, improving services, or marketing are retained for a 5-year period unless you request its deletion.

Once your personal data is no longer required for these purposes, it will be securely deleted, anonymized, or archived, depending on applicable legal requirements and business needs.

Amendments to This Privacy Notice

EcoNexus reserves the right to amend or update this Privacy Notice at any time to reflect changes in our practices, services, or applicable laws and regulations. Any modifications to this Privacy Notice will be effective upon their publication on our platform. We encourage you to periodically review this Privacy Notice to stay informed about how we collect, use, and protect your personal data.

If we make significant changes to this Privacy Notice, we will provide a prominent notice on our platform or notify you through other means, such as email, before the changes take effect. Your continued use of the platform and services after the effective date of any amendments constitutes your acknowledgment and acceptance of the revised Privacy Notice.

Last updated: 10.05.2025