Fraxir Data Protection Policy

Last Updated: April 18, 2024

Introduction
a. Fraxir ("we," "us," or "our") is committed to protecting the privacy and security of personal data entrusted to us by our users ("you" or "your").
b. This Data Protection Policy outlines our approach to data protection and our commitment to complying with applicable data protection laws and regulations.

Definition of Data
Data refers to any information that is collected, processed, stored, or transmitted in electronic or any other form. It includes, but is not limited to, personal information, such as names, addresses, email addresses, phone numbers, financial information, and any other information that can directly or indirectly identify an individual. Data may also include non-personal information, such as usage data, device information, cookies, and other tracking technologies, as well as any other information that is collected through the use of our services.

Scope and Consent
a. This policy applies to all personal data collected, processed, and stored by Fraxir in connection with the use of our platform and services.
b. By using Fraxir, you consent to the collection, processing, and storage of your personal data as outlined in this policy.

Personal Data Collection and Use
a. We collect and process personal data for the following purposes:
i. User registration and account management.
ii. Providing and improving our platform and services.
iii. Personalizing user experiences and delivering relevant content.
iv. Communicating with users regarding updates, features, and support.
v. Analyzing and aggregating data for research and statistical purposes.
b. We collect personal data on the basis of user consent or as necessary for the performance of a contract with users.
c. We will not use personal data for purposes unrelated to the services provided by Fraxir without obtaining user consent.

Data Security and Confidentiality
a. We implement appropriate technical and organizational measures to protect personal data against unauthorized access, loss, or misuse.
b. We use encryption, access controls, firewalls, and other security technologies to safeguard personal data.
c. We restrict access to personal data to authorized personnel who are bound by confidentiality obligations.

Data Retention
a. We retain personal data for as long as necessary to fulfill the purposes outlined in this policy, unless a longer retention period is required or permitted by law.
b. Upon request, we will delete or anonymize personal data in accordance with applicable data protection laws.

Data Sharing and Transfers
a. We may share personal data with trusted third-party service providers who assist us in delivering our platform and services.
b. We require these third parties to adhere to appropriate data protection standards and use personal data only for the purposes specified by Fraxir.
c. In the event of a merger, acquisition, or sale of assets, we may transfer personal data to the relevant third party, subject to privacy safeguards.

User Rights and Choices
a. Users have the right to access, rectify, and delete their personal data. Users can also exercise their right to data portability and object to the processing of their personal data.
b. Users can manage their data preferences, including consent for marketing communications, through their account settings.
c. Users can contact us through the designated channels described in our Privacy Policy to exercise their rights or seek clarification on data protection matters.

International Data Transfers
a. Personal data collected by Fraxir may be transferred to and processed in countries outside the user's country of residence.
b. We will take appropriate measures, such as implementing standard contractual clauses or relying on adequacy decisions, to ensure that adequate safeguards are in place for such international data transfers.

Updates to the Data Protection Policy
a. We may update this Data Protection Policy from time to time. Any changes will be communicated to users through appropriate channels and, if required by applicable laws, through user consent.

Contact Information
a. If you have any questions, concerns, or requests regarding our data protection practices, please contact us at info@fraxir.com.