CorePass is authorized to treat and process personal data pursuant to those laws and regulations and by the Swiss Federal Data Protection and Information Commissioner:https://www.edoeb.admin.ch/edoeb/en/home/deredoeb/kontakt.html
Personal Data and Data Subject
"Personal Data" refers to any information relating to an identified or identifiable natural person (“Data Subject”). This includes name, an identification number, location data, an online identifier, or factors specific to the physical, economic, cultural, or social identity of a natural person.
Sensitive Personal Data
Personal Data worthy of special protection: (i) data concerning religious, philosophical, political, or labor unions, (ii) data concerning health, the intimate sphere, race, or ethnicity, (iii) genetic data, (iv) biometric data that uniquely identify a natural person, (v) data concerning administrative and criminal prosecutions and sanctions, (vi) data concerning social assistance measures.
An individual, organization, or system that processes personal data on behalf of a Data Controller, based on the Controller's instructions.
A “Digital Asset” is a cryptocurrency or digital good, such as Core, Bitcoin, or Ether, based on the cryptographic protocol of a computer network.
The lawful legal basis for the processing of your personal data is contemplated in the applicable privacy regulations, such as the Swiss Federal Data Protection Law (“FADP”) and the European General Data Protection Regulation (“GDPR”).
At least one of these must apply whenever personal data is to be processed:
When you use our Services, we collect information about you and that device. We may ask you for this information directly. Alternatively, we may collect it automatically when you use our Services. We may also obtain information from third parties to correct our records or to prevent fraud.
We collect, process, and store Personal Data obtained from you via your use of the Service or the CorePass application. This Personal Data includes:
Additional data that we gather are specifically for operational purposes, which encompass the following:
If you contact us, we may keep a record of that correspondence.
There are several ways in which we collect your personal data:
Our platform is designed for adults aged 18 years and older. Persons under the age of 18 should interact with the CorePass application directly and not our platform.
We use your Personal Data to communicate with you, administer, deliver, improve, and personalize our Services. We generate generic data out of the Personal Data collected and use it for our purposes. We also use such data to communicate with you about other products or services offered by Ping Exchange and its partners. We do not share your Personal Data with third parties except where you have given consent or as described in this Policy, such as if requested by an Authority or by Court Order or to comply with AML/CFT regulations.
We are committed to protecting the personal information we have collected from you. We take appropriate steps to safeguard your personal information against unauthorized access, improper use or disclosure, unauthorized modification, unlawful destruction, and accidental loss.
We use various security technologies and procedures to help protect your personal information from unauthorized access and use. As effective as modern security practices are, no physical or electronic security system is entirely secure. We cannot guarantee the complete security of our storage, nor can we guarantee that the information you supply will not be intercepted while being transmitted to us over the internet.
The Personal Data we collect from you is transferred to, and stored in a sealed secure vault. The vault remains inaccessible until unsealed. To compare the data provided later, certain fingerprints and boolean values are generated and stored in our database. Data required for operational purposes, being fundamental to the functioning of the platform, cannot be stored in the vault.
The CorePass app automatically checks the accuracy of your Personal Data. If there is any discrepancy between the information stored in the CorePass app and/or your official documents, we request you notify us. You may request to update your information or ask for deletion, although we may refuse deletion in certain circumstances, such as for legal purposes. For data access, correction, or deletion requests, please, contact our Support Center with the subject “DATA INQUIRY”.
Often the law requires us to advise you of certain changes to products, services, or laws. We may need to inform you of changes to the terms or the features of our products or services. We need to process your personal information to send you these legal notifications. You will continue to receive this information from us even if you choose not to receive direct marketing information from us.
The Company will not disclose any of its clients’ or Users' confidential information to a third party, except:
The Platform will endeavor to make such disclosures on a “need-to-know” basis unless otherwise instructed by a regulatory authority. Under such circumstances, the Platform will notify the third party regarding the confidential nature of any such information.
As part of using your personal information for the purposes set out above, the Platform may disclose your personal information to the following:
any members of the Company, which means that any of our affiliates and subsidiaries may receive such information;
any of our service providers and business partners, for business purposes, such as specialist advisors who have been contracted to provide us with administrative, financial, legal, tax, compliance, insurance, IT, debt-recovery, analytics, research, or other services.
If the Company discloses your personal information to service providers and business partners, in order to perform the services requested by clients/Users, such providers and partners may store your personal information within their own systems in order to comply with their legal and other obligations.
We require that service providers and business partners who process personal information acknowledge the confidentiality of this information, undertake to respect any client’s right to privacy, and comply with all relevant privacy and data protection laws and this Privacy Notice.
Our operations are supported by a network of computers, servers, and other infrastructure and information technology, including, but not limited to, third-party service providers. We and our third-party service providers and business partners store and process your personal data in the clouds and servers located in Switzerland, Slovakia, Italy, Finland, Germany, France, Belgium, Spain, Netherlands, United Kingdom, and Poland.
Your funding of Core, Bitcoin, Ether, and other Digital Assets, may be recorded on a public blockchain. Public blockchains are distributed ledgers, intended to immutably record transactions across wide networks of computer systems. Many blockchains are open to forensic analysis which can lead to deanonymization and the unintentional revelation of private financial information, especially when blockchain data is combined with other data.
Because blockchains are decentralized or third-party networks that are not controlled or operated by Platform or its affiliates, we are not able to erase, modify, or alter personal data from such networks.
Safeguarding the privacy of your personal information is of utmost importance to us, whether you interact with us personally, by phone, by email, over the internet, or any other electronic medium. We will hold personal information, for as long as we have a business relationship with you, in secure computer storage facilities, and we take the necessary measures to protect the personal information we hold from misuse, loss, unauthorized access, modification, or disclosure.
When we consider that personal information is no longer necessary for the purpose for which it was collected, we will remove any details that will identify you or we will securely destroy the records.
However, we may need to maintain records for ten years after you cease being our client/User, unless we are requested by an Authority or Court Order to save them for a longer period of time.
As a Data Subject, you have several rights, for instance, the right to be informed, the right to access, the right to rectification, the right to erase, or the right to be forgotten.
We will answer you within a maximum of one month, although we reserve the right to extend this period for more complex requests. We also reserve the right to charge a reasonable administration fee for any manifestly unfounded or excessive requests for access to personal data and for any additional copies of personal data requested.
Pursuant to the FADP, you may also contact the https://www.edoeb.admin.ch/edoeb/it/home/deredoeb/kontakt/anzeigeformular_betroffene.html Swiss Federal Data Protection and Information Commissioner, Feldeggweg 1 CH - 3003 Berne.
Last Updated: February 7, 2024