On the 30th of Nov 2018, the Monetary Authority of Singapore, MAS for short, announced a revision to their regulation on Digital Token Offering. The revisions might or might not affect how our platform and ICO is conducted, and we are now consulting with MAS and our lawyers. Due to the fact that we are still in consultation and discussion with MAS, it would be prudent to delay our ICO until we clarify the issues with MAS.
The Pre-Sales scheduled on 12th of December 2018 and Pubic ICO on 1st of January 2019 will be moved to another set of dates, which we will announce on our website, once everything is ready.
Please note that we are still actively developing our platform and we are already testing our app in a limited internal beta release. Users who are interested are advised to sign up to our Waitling List.
Effective Date: December 1st, 2018
QOBIT PTE LTD, 6 Shenton Way, Level 15, EAN KIAM PLACE, Singapore 429 115 is the data controller of information that you provide us or that we collect.
The Services provide software tools for users to access and manage various features and functions related to digital assets including tokens, cryptocurrencies, virtual currencies or any other digital assets you own (collectively, “Digital Assets”), including interfacing with third party sources for certain information regarding the value of Digital Assets.
PART III. INFORMATION WE COLLECT AND HOW WE COLLECT IT
We collect the information that you give, information generated as you use our services and information from third parties.
Information you give us
You choose to give us certain information when using our services, including:
Information collected when you use the Services
Information collected through Third Parties:
Third parties that assist us with our business operations also collect information through the Services.
We engage service providers to collect information to help us secure the Services and detect and prevent fraud. We may receive information about you from our advertising partners, such as when advertising campaigns are published through the Services. Some of this information is collected through the technology described in Section 4.
PART IV. COOKIES AND OTHER DATA COLLECTION TECHNOLOGY
Cookies are small text files that are sent to or accessed from your web browser or your computer’s hard drive. A cookie typically contains the name of the domain (internet location) from which the cookie originated, the “lifetime” of the cookie (i.e., when it expires) and a randomly generated unique number or similar identifier. A cookie also may contain information about your computer, such as user settings, browsing history and activities conducted while using the Services. A web beacon (also called a pixel tag or clear GIF) is a piece of computer code that enables us to monitor user activity and website traffic. To learn more about cookies and web beacons, visit www.allaboutcookies.org.
The Services use the following cookies:
Your Control of Cookies: Some web browsers (including some mobile web browsers) provide settings that allow you to control or reject cookies or to alert you when a cookie is placed on your computer, tablet or mobile device. You also may be able to reject mobile device identifiers by activating the appropriate setting on your mobile device. Although you are not required to accept cookies or mobile device identifiers, if you block or reject them, you may not have access to all features available through the Services.
Our Policy On Do Not Track Signals: Some web browsers (including Safari, Internet Explorer, Firefox and Chrome) incorporate a “Do Not Track” (“DNT”) or similar feature that signals to websites that a user does not want to have his or her online activity and behavior tracked. If a website that responds to a particular DNT signal receives the DNT signal, the browser can block that website from collecting certain personal information about the browser’s user. Not all browsers offer a DNT option and DNT signals are not yet uniform. For this reason, many website operators, including Ethos, do not respond to DNT signals.
PART V. HOW WE PROCESS PERSONAL INFORMATION
Qobit processes personal information:
To administer your account and provide the Services to you
To improve the Services and develop new ones
To prevent, detect and fight fraud or other illegal or unauthorized activities
To ensure legal compliance
To process your information as described above, we rely on the following legal bases:
PART VI. HOW WE SHARE INFORMATION
Qobit may share information collected through the Services as follows:
Qobit may aggregate information collected though the Services and remove identifiers so that the information no longer identifies or can be used to identify an individual (“Aggregated Information”). Qobit shares Aggregated Information with third parties and does not limit third parties’ use of the Aggregated Information.
PART VII. CROSS-BORDER DATA TRANSFERS
Sharing information sometimes involves cross-border data transfers. For example, if the Services are available to users in the European Economic Area (“EEA”), these users’ personal information is transferred to countries outside of the EEA to the US or other jurisdictions. We use safeguards approved by the European Commission to legitimize data transfers from the EEA to other countries.
PART VIII. OPTING OUT OR CORRECTING INFORMATION
If you do not wish to receive marketing-related emails from us, please click the unsubscribe link in one of our marketing emails or contact us at email@example.com.
To review, correct, update, suppress, restrict or delete personal information that you have previously provided to us or if you would like to receive an electronic copy of your personal information for purposes of transmitting it to another company (if this right to data portability is provided to you by law), you can:
In your request, please make clear what personal information you would like to have changed, whether you would like to have your personal information suppressed from our database, or other limitations you would like to put on our use of your personal information. For your protection, we only fulfill requests for the personal information associated with the phone number associated with your Account. We may need to verify your identity before fulfilling your request. We will try to comply with your request as soon as reasonably practicable.
Please note that we often need to retain certain data for recordkeeping purposes and/or to complete any transaction that you began prior to requesting a change or deletion. Our databases also may have residual data which we do not remove. In addition, we also may not allow you to review certain data for legal, security or other reasons.
If you are an EEA resident, you have the right to lodge a complaint with a data protection authority about how we process your personal information.
Notice to California Residents: California Civil Code Section 1798.83 permits individual California residents to request certain information regarding our disclosure of personal information to third parties for their direct marketing purposes. To make such a request, please contact us at firstname.lastname@example.org.
PART IX. LINKS TO OTHER WEBSITES AND SERVICES
PART X. PROTECTION OF INFORMATION
We take precautions intended to help protect information that we collect and store. Unfortunately, however, no system or online transmission of data is completely secure. We cannot guarantee the security of information transmitted to or through the Services. Any transmission is at your own risk and we expect that you will use appropriate security measures to protect your information.
You are responsible for maintaining the security of your Account, including the device on which your store your Wallet. Access to the Services through your Account is treated as authorized by you. Unauthorized access to password-protected or secure areas is prohibited and may lead to criminal prosecution. We may suspend your use of all or part of the Services without notice if we suspect or detect any breach of security.
If you believe that information you provided to us is no longer secure, please notify us immediately using the contact information provided below.
We keep your personal information in identifiable form only as long as we need it for the lawful purpose for which we collected it or, if longer or shorter, to comply with law, to resolve disputes and to enforce agreements with you.
PART XI. CHILDREN’S PRIVACY
The Services are not directed to or intended for use by minors. Consistent with the requirements of the Children’s Online Privacy Protection Act, if we learn that we have received any information directly from a child under age 13 without his or her parent’s verified consent, we will use that information only to respond directly to that child (or his or her parent or legal guardian) to inform the child that he or she cannot use the Services.
HOW TO CONTACT US
Please contact us at email@example.com , or;
Qobit PTE LTD
6 Shenton Way, Level 15
EAN KIAM PLACE, Singapore 429 115