Data Protection Policy

  • Last updated: March 6, 2020
  • This Data Protection Policy in Web3 Tech, the Limited Liability Company, (hereinafter, the “Policy”) establishes the procedures of processing information related to personal data provided by the Website visitors (hereinafter, the “Users”) to the Company.
  • Using the Website and communicating with the Company shall mean the User’s unconditional consent herewith and with their personal data processing terms and conditions stated herein; in the event of disagreement on such terms and conditions, the User must refrain from using the Website or communicating with the Company.
  • In accordance with the current legislation of the Russian Federation, the Company is a Personal Data Processor. When arranging and performing personal data processing, the Company is guided by the requirements of the Russian Federal Law No. 152-FZ On Personal Data dated July 27, 2006 and by other regulations adopted in accordance therewith.

1. Within this Policy, the following Terms and Definitions shall apply:

  • Personal data privacy shall mean the responsibility of the data processor and other persons who have access to personal data for non-disclosing personal data to any third parties and non-distributing it without the personal data owner’s consent, unless otherwise provided by the federal law.
  • Rendering personal data anonymous shall mean any actions that result in making it impossible, without using any additional information, to identify any personal data as belonging to a specific personal data owner.
  • Personal data processing shall mean any action/operation or a set of actions/operations performed with or without automation tools towards personal data, including collecting, recording, categorizing, accumulating, storing, detailing (updating or modifying), extracting, using, transferring (distributing, providing, or accessing), depersonalizing, blocking, deleting, and destructing any personal data.
  • Company shall mean Limited Liability Company Web3 Tech; legal address: 6 Bersenevskaya Embankment, Bldg. 3, Floor 4, Office I, Room 9, 119072 Moscow, Russia.
  • Personal Datashall mean any information relating to a directly or indirectly determined or being determined individual (personal data owner).
  • Providing personal data shall mean any actions aimed at disclosing personal data to a certain person or a group of persons.
  • Distributing personal data shall mean any actions aimed at disclosing personal data to the public.
  • Website shall mean https://wavesenterprise.com/ru.
  • Personal data owner (s) shall mean an individual that was or is being directly or indirectly identified using personal data.
  • Personal data erasure shall mean any actions that make it impossible to restore the personal data contents within a personal data filing system and/or lead to destroying the material media of personal data.

2. General Provisions

  1. In the Company, personal data processing is based on the following principles:
  • Processing the User’s personal data on a legal and fair basis;
  • Limiting the User’s personal data processing to the achievement of specific, pre-determined and legitimate goals;
  • Conformity of the contents and amounts of the User’s personal data to be processed with the stated purposes of processing thereof; no redundancy of the personal data to be processed, as related to the processing purposes;
  • Inadmissibility of combining databases containing personal data to be processed for incompatible purposes;
  • Ensuring the accuracy of personal data, its sufficiency, and, where necessary, its relevance to the purposes of personal data processing; and
  • Storing personal data in a form that allows identifying the personal data owner no longer than this is required by the purposes of personal data processing, unless the period for retaining personal data is stated by a federal law or by an agreement in which the personal data owner is a party, a beneficiary, or a guarantor. The User’s personal data is kept confidential.
    1. The Company may transfer personal data to its affiliates 1 in Russia. The Company shall also be entitled to transfer the User’s personal data to third parties in the following cases:
      1. Such transfer is required for the User to use a certain service or to execute a certain agreement or contract with the User;
      2. Such transfer is provided for by the applicable legislation within the procedure established by law; and
      3. In case of selling the Website, all obligations regarding the compliance with the terms and conditions hereof shall pass to the purchaser, as related to the personal data obtained by such purchaser.
    2. The User’s personal data shall be processed in any lawful way, including within personal data filing systems, with or without using automation tools.
    3. If personal data is lost or disclosed, the Company shall notify the User on losing or disclosing the personal data. In cooperation with the User, the Company shall take all necessary measures to prevent from losses or any other adverse consequences caused by the loss or disclosure of the User’s personal data. ’ Term “affiliate” shall have the meaning as stated in Art. 4 of the RSFSR Law No. 948-1 On Competition and Limitation of Monopolistic Activity in Commodities Markets, dated March 22, 1991.
    4. This Policy shall apply to all the managers and employees of the Company, both temporary and full-time workers, as well as to the managers and employees of third party companies bound by contractual relationships with the Company and, in one manner or another, involved in the Company’s activities related to personal data processing.

2. Purposes of Personal Data Collection

  1. The User’s personal data shall be processed by the Company for the following purposes:
  • Identifying the User;
  • Communicating with the User and establishing feedback with the User;
  • Tracking the User’s location to ensure security and prevent fraud;
  • Providing the User with efficient customer and technical support, in case of problems related to using the Website; and
  • Performing the advertising activities upon the User’s consent.

3. Amounts and Categories of Personal Data

  1. The Company shall process the following personal data categories with or without using automation tools:
  • Last name, First name, and Patronymic;
  • E-mail address;
  • Contact phone number; The Company shall process the personal data of personal data owners in the amounts necessary to achieve the goals.
  1. The Company shall also process the following data:
  • IP address and the user’s location under this address;
  • Technical characteristics of the device;
  • Information on the User’s browser and language, and the computer address assigned to them (ID);
  • Website access date and time, time zone, territory code, and information on clicks;
  • Addresses of the website pages requested;
  • Information on the website, from which the user has landed on our website; and
  • Other details of the user’s visits.
    1. The Company shall remove the data after the expiration of one (1) year upon achieving the processing goals, unless otherwise provided by the current legislation of the Russian Federation.
    2. The Company shall be entitled to use cookies. Cookies do not contain any information constituting Personal Data, they are only aimed at personalizing the Website for a particular user device. Settings of using the cookies depend on the Website visitor’s browser settings.
    3. The Company shall receive information on the Website visitor’s IP address, as well as that on from which website the visitor has landed to ours. This information shall not be used to detect the identity of the Personal Data Owner.

1. Personal Data Processing Procedure

  1. Should the User withdraw their consent to processing their personal data, the Company shall cease processing the same or ensure ceasing such processing, in case the personal data is processed by another person acting on the Company’s behalf, and, provided that retaining personal data is no longer required for the personal data processing purposes, erase or ensure erasing the said personal data, in case the personal data is processed by another person acting on the Company’s behalf, within the period of at most seven (7) working days upon the date of receipt of the said withdrawal from the User.
  2. The Company shall be entitled to entrust Personal Data processing to a third party. At the same time, the Company shall comply with the requirements for entrusting the personal data processing, as provided for in FZ No. 152 On Personal Data.

2. Personal Data Owner’s Rights

  1. Unless otherwise provided by law, a personal data owner shall be entitled to:
  • Require a clarification of their personal data, blocking or destructing such personal data, provided that such personal data is incomplete, outdated, inconsistent, obtained illegally, or unnecessary for the declared processing purpose, as well as to take any legal measures of protecting their rights;
  • Request a list of their personal data being processed by the Company and the sources of such data;
  • Receive information on their personal data processing duration, including on the duration of storing the same;
  • Require notifying all persons who have previously been provided with the personal data owner’s wrong or incomplete data, about all exclusions, corrections or additions made regarding such data;
  • Appeal to an authorized body for protecting the personal data owner’s rights or sue for illegal actions or omissions regarding their personal data processing; and
  • Protect their rights and legitimate interests, including compensation for their damages and/or moral harm through judicial procedures.

1. The Company’s responsibilities shall be as follows:

  1. Using the personal data owner’s personal data solely for the purposes specified herein.
  2. Ensuring the confidentiality of personal data, non-disclosing the same without the personal data owner’s prior written consent, as well as non-performing any sales, exchanges, publishing, or disclosing in any other possible manner the personal data made available to the Company, unless otherwise is provided hereby.
  3. Taking precautions to protect the confidentiality of the personal data owner’s personal data in accordance with the procedures typically used to protect such information in the existing business turnover.
  4. Blocking personal data relating to the relevant User from the date of the reference or request of the personal data owner or their legal representative, or a body authorized to protect the rights of personal data owners for the verification period, in case of identifying any unreliable personal data or any illegal actions.
  5. The Company failing to perform its obligations and responsibilities shall be liable for any losses incurred by the personal data owner, regarding the misuse of personal data, in accordance with the legislation of the Russian Federation.
  6. In case of losing or disclosing any confidential information, the Company shall not be liable, provided that such confidential information:
  • Has become publicly available before being lost or disclosed;
  • Has been received from a third party before being received by the Company; or
  • Has been disclosed upon the personal data owner’s consent.
  1. In the Company, the Company’s management and employees shall be responsible for compliance with the requirements of FZ No. 152 On Personal Data. The subdivisions and officials responsible for ensuring personal data safety and confidentiality shall be responsible for arranging personal data processing and ensuring its safety in accordance with the requirements of FZ No. 152 On Personal Data and with this Policy.

3. Final Provisions

  1. The Company shall be entitled to amend this Policy without the User’s consent. The current revision hereof shall contain the last update date. An updated Policy shall become effective from the date of uploading it to the Website, unless otherwise is provided by such new Policy.
  2. Should you have any questions regarding the nature of applying, using, changing, or removing your personal data provided by you or if you wish to refuse the further processing your personal data by the Company, please contact us by e-mail at: [email protected].
  3. Please note that the Company shall not be liable for any incorrect information provided by the personal data owner.