At Yug, we hold privacy as one of our fundamental principles, and we understand the importance of safeguarding your personal information. As a result, we have developed our services with the aim of minimizing the amount of data we collect about you and eliminating any need for central data storage or sharing. We only gather data that is necessary to communicate with you and enhance the quality of our services.
Protecting your privacy is of utmost importance to us at Yug Network. Our services are designed to minimize the amount of data collected about you and eliminate the need for any central data storage or sharing requirement. We do collect certain information to interact with you and improve our services. As a software-as-a-service business, we take our responsibilities regarding the requirements of CCPA and the EU GDPR seriously.
Our application processes various types of information, including personal identifiable information and special categories of personal data. Our top priority is to ensure your data remains private. Unlike most identity providers in the market, we never share personal data with anyone, including ourselves. Our applications are built to minimize data collection, sharing, and storage. For each type of data collected, we will provide a detailed explanation of the processing level and depth to help you understand how we protect your privacy compared to traditional identity verification service providers.
We collect your personal data when you open our mobile app or interact with a website pop-up, create or update your digital credentials through our mobile app or website pop-up, verify your credentials through our mobile app or website pop-up, or access/use any feature, content, software, hardware, or other product available on or through our services or provided by us. Your access and use of our services are subject to providing us with any requested user information
When you use our decentralized wallet application, we do not store any personal information on our servers. All of your personal information, including your name, email address, phone number, transaction history, and digital assets associated with your account, are encrypted with your wallet private key and stored on a decentralized storage platform. We may collect technical information about your device, such as your IP address, browser type, operating system, and device identifier, solely for the purpose of providing the Service.
We get information about you in a range of ways. Information You Give Us. Information we collect from you may include:
Further information we collect from you may include:
At Yug Network, we understand the importance of privacy and security when it comes to handling personal data. Personal data is only collected to enable the creation of a digital identity and to issue Verifiable Certificates and Soulbound tokens to ensure access control across different dApps.
To protect your personal data, we use strong encryption algorithms and store the data on decentralized storage that only you can access using your private key. This ensures that your data is protected and can only be accessed by you, providing complete control over your personal information and even Yug does not have access to this data. Yug Wallet then issues SoulBound Tokens (SBTs) to the user, which can be used to verify the status of the user's identity without revealing any personal data. The SBTs are publicly viewable on blockchain and can be used as proof of the user's identity.
We use your personal information solely for the purpose of providing and improving the Service, including:
We do not sell, rent, or otherwise disclose your personal information to third parties for their marketing or other purposes, except as follows:
We take reasonable measures to protect your personal information, including:
Despite these measures, no security system is 100% secure, and we cannot guarantee the security of your personal information.
We may update this Policy from time to time by posting a new version on our website or within the Service. We will notify you of any changes by email or through the Service