TERMS AND CONDITIONS - SECURITY AND PRIVACY POLICY FOR P2PX
1. Introduction
Welcome to the P2PX!
A decentralised exchange mobile app ("the App") provided by Mande Network LTD, a British Virgin Island Company. This Privacy Policy outlines how P2PX collects, uses, and protects your information while you use the App. By using the App, you agree to the practices described in this Privacy Policy.
The policy is designed to convey that Mande Network LTD is solely providing the software for
connecting users and is not liable for any user actions while using the App.
P2PX operates through an innovative system that leverages a decentralized blockchain smart contract service. This service facilitates peer-to-peer (P2P) matching between transacting users, promoting a seamless and secure exchange process. Notably, the smart contract itself remains entirely decentralised and is not under the ownership or governance of Mande Network LTD.
The interaction between the P2PX application and the blockchain smart contract involves the transmission of data, both pushing and receiving, enabling the execution of transactions. Noteworthy is the fact that the data stored within the smart contract is fully encrypted, ensuring a high level of security. This encryption guarantees that neither the developers nor any third party can access or decipher the data contained within.
The nature of the data pertains to sensitive information such as ETH addresses and UPI IDs of users. Importantly, only the parties involved in the interaction—the interacting peers—possess the capability to view each other's data. This approach prioritises user privacy and data confidentiality, contributing to a trustworthy and confidential P2P exchange experience within the P2Px ecosystem.
2.Definition
2.1.As used herein, the following terms are defined as follows:
2.1.1. “Data Subject” refers to the natural person to whom the Personal Data refers.
2.1.2. “Personal Information” or “Personal Data” or “your data” refers to any information relating to you, as an identied or identiable natural person, including your name, an identication number, location data, or an online identier or to one or more factors specific to the physical, economic, cultural or social identity of you as a natural person.
2.1.3. “Service” refers to the service provided by https://www.p2px.finance/ as described in
2.1.4. “User” refers to the individual using https://www.p2px.finance/ who, unless
otherwise specied, coincides with the Data Subject.“We,” and “Us” refers to P2PX .
2.1.5. “https://www.p2px.finance/” or this Application refers to the means by which the Personal Data of the User is collected and processed.
3. Information Collection and Use
P2PX does not collect any personal information or data from its users. The App serves as a platform for users to connect with each other, and we do not store or process any user data. P2PX demonstrates a commitment to user privacy and data protection as follows -
● No Personal Information Collection: By not collecting any personal information or data from users, P2PX eliminates the risk of potential data breaches or misuse of sensitive information. This approach aligns with privacy regulations and best practices, providing users with peace of mind while using the App.
● P2P Interaction: As a platform for users to connect with each other, the App facilitates interactions without requiring any user data to be stored. This ensures that users have direct control over their communications and interactions, further enhancing privacy and reducing the risk of data exposure.
● Anonymity and Privacy: By not requesting personal information during registration or use, P2PX fosters a level of anonymity for users. Users can engage with others on the platform without disclosing any identifiable details, adding an extra layer of privacy protection.
● Data Protection: P2PX's decision not to store or process user data reduces the attack surface for potential cyber threats. With no user data to target, malicious actors are less likely to attempt data breaches or cyberattacks on the platform.
● User Trust: By prioritising user privacy and demonstrating a commitment to not collecting personal information, P2PX establishes a relationship of trust with its users. Users are more likely to feel confident in using the App, knowing that their privacy is respected.
● Compliance with Regulations: This approach supports P2PX to comply with various privacy regulations, such as the General Data Protection Regulation (GDPR) and other relevant data protection laws.
● Transparency and Communication: It's essential for P2PX to communicate its privacy practices clearly to users. A Privacy Policy should be made available to users, explaining the platform's data handling approach and the reasons for not collecting personal information.
4. User-Generated Content
P2PX acknowledges that the App may enable users to create and share User-Generated Content. This content could include text, images, videos, or any other materials voluntarily provided by users while using the platform.
When you submit User-Generated Content through the App, you are fully responsible for the information you share. P2PX does not claim ownership or control over the content you generate. As a user, you retain all rights to your User-Generated Content.
P2PX emphasizes that it does not access, view, or monitor the User-Generated Content created and shared by users. The platform operates with the principle of user privacy and respects your right to express yourself freely within the App's guidelines and terms of service.
By providing users with the ability to generate content, P2PX aims to foster a vibrant and interactive community within the App. However, with this freedom comes the understanding that each user is accountable for their actions and the content they share. You should exercise caution and adhere to the platform's community guidelines when generating and sharing content.
P2PX explicitly disclaims any liability for the nature or consequences of your User-Generated Content. This means that if any issues arise from the content you share, you cannot hold P2PX responsible for the content's substance, accuracy, or potential consequences.
5. Third-Party Services
P2PX acknowledges that the App may incorporate links or integrations with third-party services or websites not under its ownership or operation. These third-party entities may offer additional functionalities, content, or services beyond what the App provides. It is essential to understand that this Privacy Policy specifically governs the data collection, use, and protection practices within the App. Any information provided or actions taken within the App are subject to the terms outlined in this Privacy Policy.
However, when users access links or interact with integrations that redirect them to external third-party services, P2PX no longer retains control over the privacy practices or content of those services. Each third-party service operates under its own privacy policy, terms of service, and data handling practices.
P2PX strongly advises users to exercise caution and be well-informed about the privacy policies and practices of any third-party services they engage with through the App. Users bear the responsibility of reviewing and comprehending the privacy policies and terms of service of these external services to ensure their comfort with data collection, usage, and protection procedures.
While P2PX strives to integrate with reputable and secure third-party services, it cannot guarantee the privacy practices of these external entities. Consequently, users should exercise prudence and take appropriate precautions while interacting with third-party services linked to or integrated within the App.
6. Liability Disclaimer
"Technology Provider Status"
At P2PX, our role is strictly limited to being a technology provider within the context of a decentralized exchange for peer-to-peer (P2P) transactions. We do not engage in any activities related to virtual asset service provision, such as virtual asset custody, trading, or exchange services. As a result, we want to make it clear that we bear no liability or responsibility for any transactions, activities, or services involving virtual assets that occur
on our platform.
P2PX places the utmost importance on maintaining the security and dependability of the App. We employ robust measures to safeguard user data, protect against potential threats, and ensure a seamless user experience. However, it is vital to emphasize that P2PX acts solely as the provider of the App's platform, facilitating connections between users.
By operating solely as a technology provider, our primary focus is on developing and maintaining the software and infrastructure that enables users to engage in peer-to-peer (P2P) transactions. We provide the necessary tools, features, and security measures to facilitate a seamless peer-to-peer (P2P) transactions for our users.
However, it is important to note that any activities or transactions involving virtual assets on our platform are solely the responsibility of the users themselves. We do not have control over the actions or decisions made by individual users or any third parties who may be involved in the trading process.
As a result, we do not assume any responsibility or liability for any losses, damages, or issues that may arise from the use of virtual assets on our platform. Users are solely responsible for their own virtual asset investments, trading strategies, and any associated risks.
We recommend that users exercise caution and conduct their own due diligence when engaging in virtual asset trading activities. It is essential to understand the risks involved and make informed decisions based on personal judgment and expertise.
Our primary commitment as a technology provider is to maintain a reliable and secure platform that enables users to engage in peer-to-peer (P2P) transactions. We strive to implement robust security measures, adhere to industry best practices, and regularly update our software to mitigate potential risks.
Use of the Platform
By using our platform, you acknowledge and agree that you are assuming all risks associated with its use. While we make every effort to provide accurate and reliable information, we want to clarify that we do not guarantee the completeness, accuracy, or timeliness of any information displayed on our platform. As a software as a service (SaaS) platform, our primary focus is to provide the infrastructure and tools necessary for users to engage in activities related to peer-to-peer (P2P) transactions.
As a user of the App, you assume complete responsibility for your conduct, engagements, and communications within the platform. P2PX does not control or regulate user behavior, and each user is an autonomous agent, accountable for their own actions.
By using the App, you agree to exercise prudence and adhere to ethical conduct when interacting with others. Any information or content shared by users on the platform is the responsibility of the respective users, and P2PX does not endorse or take ownership of such content.
P2PX explicitly disclaims any liability for the outcomes stemming from the use of the App. This includes, but is not limited to, any harm, personal injury, emotional distress, nancial loss, or damage to data resulting from interactions, communications, or transactions conducted within the App.
Furthermore, P2PX is not liable for any potential breaches of privacy or misuse of information that may occur during user interactions. We recommend users to exercise caution and discretion when sharing personal information or engaging in any form of communication on the Platform.
It is essential for users to understand and accept that their actions within the App are under their sole responsibility. P2PX serves solely as a facilitator for user connections and does not bear responsibility for individual user behavior.
We reserve the right to modify, suspend, or terminate our platform or any of its features at any time and without prior notice. This could include updates, improvements, or necessary maintenance activities. While we strive to minimize disruptions and inform users of any signicant changes, it is important to understand that interruptions or modications to the platform's availability or functionality may occur.
As a user, it is your responsibility to independently verify and validate any information obtained from our platform. We encourage you to conduct your own research and exercise caution when making decisions based on the information provided.
No Financial Advice
The information provided on our platform, including but not limited to articles, blogs, market analyses, or any other form of content, is for informational purposes only. It should not be considered nancial, legal, or investment advice. We do not endorse or recommend any specic actions or investments, and you should not rely solely on the information provided on our platform for making nancial decisions. You should conduct independent research and seek professional advice before making any nancial decisions.
Regulatory, legal & Tax Compliance
P2PX operates in compliance with applicable laws and regulations of the British Virgin Islands. However, the legal, regulatory and tax frameworks related to decentralized exchanges and peer-to-peer (P2P) transactions may vary in dierent jurisdictions. It is your responsibility to understand and comply with the laws and regulations
applicable in your jurisdiction when using our platform. You agree that P2PX is not responsible for determining whether taxes apply to your transactions or for collecting, reporting, withholding or remitting any taxes arising from any transactions.
7. Security
P2PX is committed to ensuring the security and protection of user information within the App. We employ industry-standard security practices and take appropriate precautions to safeguard your data against unauthorized access, disclosure, or alteration. These measures include encryption, access controls, regular security assessments, and other relevant technologies.
Despite our best efforts, it is essential to recognize that no online service can guarantee absolute security. As technology evolves, so do the methods and tactics used by malicious actors seeking to exploit vulnerabilities. Therefore, there is always a residual risk of data breaches, cyberattacks, or other security incidents.
By choosing to use the App, you voluntarily assume these inherent risks associated with online data transmission and storage. P2PX encourages users to be vigilant and proactive in protecting their information, such as using strong passwords, regularly updating software, and being cautious about sharing sensitive data.
While we strive to maintain the confidentiality and integrity of your information, P2PX cannot be held liable for any security breaches or unauthorized access beyond our control. In the event of a security incident, we will make every effort to promptly respond, investigate, and take appropriate actions to mitigate the impact and
prevent future occurrences.
As a user of the App, it is essential to remain informed about potential risks and exercise discretion while using online services. P2PX recommends reviewing our Privacy Policy and staying updated on any security-related notices or announcements provided within the App.
8. Changes to the Privacy Policy
P2PX recognizes the importance of keeping its Privacy Policy current and aligned with evolving data protection standards and legal requirements. Hence, we may update or amend this Privacy Policy from time to time. Whenever modications are made, the revised version of the Privacy Policy will be published on this page.
Once the changes are implemented and the revised Privacy Policy is posted, it becomes eective immediately. It is crucial for users to be aware that continued use of the App after the changes take eect constitutes your acceptance of the revised Privacy Policy.
As a responsible user of the App, it is incumbent upon you to periodically review this Privacy Policy to stay informed about any updates or alterations to our data practices. Regularly checking this page ensures that you are aware of how your information is collected, used, and protected.
In the event of signicant changes to the Privacy Policy that may impact your rights or data processing practices, we may also provide additional notication through email or within the App to ensure you are adequately informed.
By adhering to this requirement, you can stay informed about how your personal information is handled within the App and make informed decisions about your data privacy.
9. Our products and services are not available to children
Our products and services are not intended for individuals under the age of 18, referred to as "Children" or "Child," and we do not knowingly collect personal information from them. If we discover that we have unintentionally gathered personal information from a Child, we will take necessary and legally permissible steps to remove that information from our records. In such cases, the user's account will be required to be closed, and access to our products and services will be restricted.
If you are a parent or guardian of a Child and become aware that they have provided personal information to us, please contact us at admin@mande.network. You may request to exercise your applicable rights, including access, cancellation, and objection rights.
10. If you have a complaint
Any questions, complaints, comments and requests regarding this Privacy Statement are welcome and should be addressed to admin@mande.network.
11. Consent
By using the App, you demonstrate your acknowledgement, comprehension, and agreement to abide by the terms outlined in this Privacy Policy. If you do not consent to the provisions of this Privacy Policy, we kindly request that you refrain from using the App.
P2PX values your trust and appreciates your condence in our services. Our primary objective is to create an enjoyable and secure experience for users while prioritizing your privacy. We hope that you nd satisfaction in utilizing the App to connect with others while remaining assured that your privacy remains a paramount concern for us.
Should you have any inquiries or concerns regarding our Privacy Policy or any aspect of the App, we encourage you to contact us promptly using the provided contact information. We are committed to addressing your questions and ensuring transparency about our data practices.