1. INTRODUCTION

    1.1 Purpose
    iBeacon (“we,” “us,” or “our”) is committed to protecting the privacy and security of personal information collected through our cryptocurrency insurance platform. This Privacy Policy explains how we collect, use, protect, and share information in connection with our services.

    1.2 Scope
    This policy applies to all users of the iBeacon platform, including visitors to our website, members purchasing coverage, and participants in our community governance processes.

    1. INFORMATION WE COLLECT

    2.1 Personal Information
    We collect personal information necessary to provide our services, including:

    • Name, address, and contact information
    • Identity verification documents
    • Financial information related to cryptocurrency holdings
    • Blockchain addresses and transaction data
    • Communication records and customer service interactions

    2.2 Technical Information
    Our platform automatically collects technical data including:

    • IP addresses and device identifiers
    • Browser information and operating system details
    • Platform usage patterns and navigation data
    • Security logs and access records

    2.3 Cryptocurrency Data
    We collect and analyze cryptocurrency-related information including:

    • Wallet addresses and transaction histories
    • Risk assessment data and threat intelligence
    • Claims documentation and blockchain evidence
    • Community voting records and participation metrics
    1. HOW WE USE INFORMATION

    3.1 Service Provision
    Personal information is used to:

    • Assess coverage eligibility and risk profiles
    • Process claims and provide customer support
    • Monitor for threats and suspicious activities
    • Facilitate community governance processes

    3.2 Platform Improvement
    We analyze usage data to:

    • Enhance platform functionality and user experience
    • Develop new features and service offerings
    • Improve security measures and threat detection
    • Optimize community engagement tools

    3.3 Legal Compliance
    Information may be used to:

    • Comply with regulatory requirements
    • Respond to legal process and government requests
    • Prevent fraud and investigate security incidents
    • Maintain accurate records for audit purposes
    1. INFORMATION SHARING

    4.1 Service Providers
    We may share information with trusted third parties who assist in platform operations, including:

    • Identity verification services
    • Blockchain analysis providers
    • Customer support systems
    • Payment processing services

    4.2 Legal Requirements
    Information may be disclosed when required by:

    • Court orders or legal process
    • Regulatory investigations
    • Law enforcement requests
    • Emergency situations involving public safety

    4.3 Community Governance
    Certain information is shared within our community for:

    • Claims assessment and voting processes
    • Risk evaluation and threat detection
    • Governance participation and decision-making
    • Transparency and accountability measures
    1. DATA SECURITY

    5.1 Security Measures
    We implement comprehensive security measures including:

    • Encryption of sensitive data in transit and at rest
    • Multi-factor authentication for platform access
    • Regular security audits and penetration testing
    • Employee training on privacy and security practices

    5.2 Access Controls
    Access to personal information is restricted to:

    • Authorized personnel with legitimate business needs
    • Secure systems with appropriate access controls
    • Third-party providers under strict confidentiality agreements
    • Community members for specific governance functions only
    1. DATA RETENTION

    6.1 Retention Periods
    Personal information is retained for:

    • Active coverage periods and applicable statute of limitations
    • Regulatory compliance requirements (typically 7 years)
    • Ongoing claims investigation and resolution
    • Community governance and voting records

    6.2 Deletion Procedures
    Information is securely deleted when:

    • Retention periods expire
    • Members request account closure
    • Legal requirements permit deletion
    • Business purposes no longer require retention
    1. INDIVIDUAL RIGHTS

    7.1 Access Rights
    Individuals may request:

    • Access to personal information we maintain
    • Correction of inaccurate or incomplete data
    • Deletion of information where legally permissible
    • Portability of data to other service providers

    7.2 Communication Preferences
    Members can control:

    • Marketing communication preferences
    • Platform notification settings
    • Community participation levels
    • Data sharing preferences (where applicable)
    1. INTERNATIONAL TRANSFERS

    8.1 Global Operations
    As a platform operating across six continents, personal information may be transferred internationally for:

    • Platform operations and customer support
    • Claims processing and investigation
    • Risk assessment and threat detection
    • Regulatory compliance in multiple jurisdictions

    8.2 Transfer Safeguards
    International transfers are protected by:

    • Adequate country determinations
    • Standard contractual clauses
    • Binding corporate rules
    • Other appropriate safeguards as required by law
    1. MOBILE APPLICATIONS

    9.1 Current Status
    iBeacon currently operates exclusively through web-based platforms. No mobile application is currently available for download or use.

    9.2 Future Development
    Should we develop mobile applications in the future, this Privacy Policy will be updated to address mobile-specific privacy considerations including:

    • Mobile device permissions and access
    • Location data collection and use
    • Push notification preferences
    • Mobile-specific security measures
    1. COOKIES AND TRACKING

    10.1 Cookie Usage
    Our website uses cookies for:

    • Essential platform functionality
    • Security and fraud prevention
    • Performance monitoring and analytics
    • User preference storage

    10.2 Third-Party Tracking
    We may use third-party analytics and security services that employ their own tracking technologies, subject to their respective privacy policies.

    1. CHILDREN’S PRIVACY

    11.1 Age Restrictions
    iBeacon services are not intended for individuals under 18 years of age. We do not knowingly collect personal information from minors without appropriate parental consent.

    1. POLICY UPDATES

    12.1 Notification of Changes
    This Privacy Policy may be updated periodically to reflect:

    • Changes in legal requirements
    • Platform feature enhancements
    • Business practice modifications
    • User feedback and industry best practices

    12.2 Effective Date
    Policy updates become effective upon posting to our website. Continued use of our services constitutes acceptance of updated terms.

    1. CONTACT INFORMATION

    13.1 Privacy Inquiries
    For questions about this Privacy Policy or our data practices, contact:

    13.2 Data Protection Officer
    For matters requiring specialized privacy expertise, contact our Data Protection Officer at: dpo@ibeacon.org

    This comprehensive content update positions iBeacon as a forward-thinking cryptocurrency insurance alternative while maintaining transparency about current limitations, such as the absence of a mobile application. The content emphasizes community-driven governance, advanced technology, and proven track record while ensuring compliance with privacy and regulatory requirements.

    us at:
    E-Mail: support@ibeacon.org