Last Updated: Nov. 5, 2024, 10:19 a.m.
Welcome to afhtoken.org, the home of the AFH decentralized peer-to-peer marketplace and ecosystem. At African Heritage Token (AFH), your privacy and security are of utmost importance. This Privacy Policy outlines how we collect, use, disclose, and protect your personal and transactional information when you interact with our decentralized e-commerce platform. By using afhtoken.org, you consent to the practices described in this policy. Please read carefully to understand your rights and responsibilities.
1. Information We Collect
AFH is a decentralized platform where transactions are conducted peer-to-peer, minimizing intermediaries. Despite the decentralized nature, certain data is collected to enhance your experience and ensure security:
1.1. Personal Information
You may voluntarily provide personal data when interacting with the AFH marketplace:
• Name
• Email address
- Wallet address (for transactions and token holdings)
• Contact information (if needed for P2P transactions)
• Business or company name (for marketplace entities)
• Other information you provide during registration or proposal submissions
1.2. Blockchain Information
Given the decentralized nature of the platform, transaction data is recorded on the blockchain:
• Wallet addresses of transaction participants
• Transaction IDs and history (publicly visible on the blockchain)
• Timestamp and details of transactions
Note: Since AFH operates on blockchain technology, many transactions are inherently public and accessible to anyone with the correct blockchain address or transaction ID.
1.3. Non-Personal Information
We may collect non-identifiable information through website interactions to improve our services:
• IP address
• Browser type and version
• Time zone settings
• Page interaction and browsing patterns
2. How We Use Your Information
2.1. Peer-to-Peer Transactions
As a decentralized e-commerce platform, much of the transaction process is managed directly by users. However, certain data may be used to facilitate these transactions:
• Enable wallet-to-wallet transactions
• Display transaction history and confirmations (via the blockchain)
2.2. Improving Marketplace Functionality
• Ensure smooth, secure, and efficient decentralized transactions
• Optimize user experience across afhtoken.org
• Provide customer support or resolve disputes between marketplace participants
2.3. Communications
• Send transaction confirmations, updates, and notifications
• Share important updates related to AFH token usage, marketplace policies, or governance opportunities
2.4. Legal Compliance
• Comply with regulatory requirements where applicable (such as anti-money laundering laws)
• Investigate and prevent fraudulent transactions or misuse of the platform
3. How We Share Your Information
3.1. Peer-to-Peer Visibility
Due to the decentralized nature of the AFH marketplace, many transactions are conducted directly between users. Blockchain-based transactions are public, meaning:
• Wallet addresses and transaction history are visible on the blockchain
• We do not control or limit the visibility of blockchain data, which can be viewed using any blockchain explorer
3.2. With Service Providers
In some cases, we may engage third-party service providers to maintain platform functionality. These providers may assist with:
• Website hosting and maintenance
• Customer support services
• Security monitoring and auditing
These third parties are bound by confidentiality and only permitted to use your data for AFH-related services.
3.3. For Legal Obligations
We may disclose personal information when required by law, including to comply with legal processes, protect AFH’s rights, or investigate potential fraud or security breaches.
3.4. With Your Consent
We will only share your personal information with third parties outside of these circumstances when you explicitly consent.
4. Data Security
We are committed to ensuring the security of your data, especially within a decentralized framework:
• Blockchain Security: Transactions are protected by blockchain encryption and smart contract protocols.
• Platform Security: We use industry-standard encryption and secure servers to protect personal information stored off-chain.
• User Responsibilities: Since the AFH marketplace is decentralized, users are responsible for safeguarding their private keys and wallet credentials. AFH cannot recover lost private keys or reverse transactions.
5. Data Retention
Your transaction data, stored on the blockchain, is immutable and publicly accessible indefinitely. Any personal information provided through afhtoken.org will be retained as long as necessary to provide services or comply with legal requirements. Once no longer needed, personal data will be securely deleted or anonymized.
6. Your Rights and Choices
6.1. Access and Correction
You have the right to access and correct any personal information provided to us, such as email addresses or contact details.
6.2. Blockchain Data
Due to the immutable nature of blockchain technology, once a transaction is recorded on the blockchain, it cannot be altered or deleted. AFH has no control over blockchain-stored data.
6.3. Opting Out of Communications
You may opt out of promotional emails at any time. However, transactional emails related to marketplace activities or AFH token transactions may still be sent to ensure platform functionality.
7. International Data Transfers
AFH’s platform operates globally. By using the website or participating in the marketplace, you consent to the transfer and storage of your data across international borders in compliance with applicable regulations, including GDPR and other regional data protection laws.
8. Decentralized Marketplace Considerations
As AFH operates a peer-to-peer decentralized marketplace, we provide users the autonomy to transact directly with each other using AFH tokens. Please be aware that:
• Transaction Data: Blockchain transaction details are public and cannot be erased.
• Dispute Resolution: As a decentralized platform, we provide limited arbitration in disputes between users. Where necessary, we may intervene if fraud or platform abuse is detected.
9. Children’s Privacy
The AFH marketplace and website are not intended for use by individuals under the age of 18. If we discover that personal data has been collected from a minor, we will take appropriate steps to delete it.
10. Updates to This Policy
We reserve the right to update this Privacy Policy to reflect changes in our practices or legal requirements. Updates will be posted on this page, and we encourage users to periodically review this policy for the latest information.
11. Contact Us
For questions or concerns about this Privacy Policy, your personal information, or any data-related issues, please contact us at:
African Heritage Token (AFH)
Email: africanheritagetoken@gmail.com
12. Legal Disclaimer
While we implement comprehensive security measures, we cannot guarantee the absolute security of information transmitted over the internet or stored in decentralized networks. By using afhtoken.org, you acknowledge that decentralized transactions carry certain risks, and AFH is not liable for unauthorized access, misuse, or loss of personal information unless caused by our negligence.
13. Your Consent
By using afhtoken.org and participating in the AFH marketplace, you consent to the terms of this Privacy Policy and the collection, use, and sharing of your data as outlined.
This Privacy Policy ensures that AFH is protected legally while providing transparency about how user data is handled within a decentralized marketplace. It is designed to give both consumers and businesses confidence in our commitment to privacy and security within the AFH ecosystem.