Privacy Policy
Last update: 30/9/22
We (referred to as “Us”, “Our”, or “We”) are dedicated to protecting your personal information and privacy.
This Privacy Policy is crafted to notify you of how we gather and retain the data you submit on the website Luminex Ledger (the “website”).
These values will be upheld: .
- To clearly convey how your personal data is gathered and handled:
We aim to equip you with the knowledge needed to make well-considered decisions about handling and utilizing personal information. That's why our website exists. To achieve this, we use various strategies and approaches to deliver pertinent details about how personal data is managed.
Should we determine that you need particular information, we'll share details with you at a suitable time and date.
We are pleased to respond to any inquiries you might have and will offer the needed clarifications concerning any legal restrictions. You can contact us by email at the address provided below: info@ Luminex Ledger .com .
- Personal information will be utilized solely for the intentions outlined in the policy.
Your Personal Data might be processed by us for various reasons, including to provide you with the website and link you to third-party trading platforms ('Services'), improve the platform, safeguard our rights and interests, manage and uphold the services, comply with regulatory or legal responsibilities, and perform administrative and business operations to support the services' delivery and usage.
We also handle personal information to gain a clearer insight into your preferences and requirements.
- Employ essential resources to safeguard your entitlements regarding personal data.
To facilitate your rights, we dedicate significant resources. Reach out at any time to access your Personal Data. We’ll update or erase it, cease its use for specific or broad purposes, and transfer it to you or a third party. We are ready to meet your needs.
- Protect your personal information:
While we cannot promise absolute security of your personal information, we assure you that we will persist in utilizing various strategies and methods to safeguard your personal data.
Our confidentiality and safety policy is comprehensive.
1. The Scope?
This policy outlines the categories of personal data gathered on individuals by the company and details its handling, distribution to third parties, protection measures, and additional related processes.
This Policy pertains to data connected to a recognized or recognizable individual. An identifiable individual can be described as someone whom we can directly identify or who can be identified by combining additional details we possess or can obtain.
The Policy describes “processing” as an activity involving the handling or collecting of personal information. This encompasses the administration, organization, and archiving of personal data.
Our offerings are meant for general audiences and not crafted for those under the age of 18. We do not intentionally collect or solicit data from individuals younger than 18. Such individuals are not knowingly permitted to use our offerings. If we detect any information regarding minors, we will delete it as promptly as possible.
2. What information do we possess about you personally?
When you access our services or interact with our channels, or when you visit our website, we gather personal information. Sometimes, we may ask for your personal information directly. In other cases, we acquire your details by examining how you use our platforms or by obtaining data from our partner organizations.
3. You are not obligated to reveal personal details to the company or the implications.
However, you're not required to share personal information with us. In some cases, though, you may not need to give us any personal data. This might prevent us from delivering our services or limit users' access to the website.
4. What type of personal details can we collect? When you access our site, we are able to gather the following information about you: .
This encompasses details about your digital activity history, data concerning your network activity (such as IP address, access date, access time, and access date), the language utilized, software error reports, the kind of browser employed, alongside details about the device you operated. The gathered data is non-personal and cannot reveal your identity.
Your Personal Information: Any personal information you provide willingly when linking with a third-party online trading platform via Us.
Personal details shared directly with third-party services for transactions: this data includes your full name, residential address, telephone number, and email contact.
5. The foundation of legal authority and the justifications for handling personal information.
The company handles your personal information to achieve the goals outlined in this part, aligning with the relevant legal framework in Nigeria.
Without legitimate authority, the company cannot handle your personal data. The lawful justifications that the company can utilize for processing your personal data include:
- You have agreed to the handling of your personal details for one or multiple purposes. This occurs when you provide personal data through the website, allowing us to pass it on to a third-party trading platform.
- The organization or an external entity may need to handle data to satisfy their rightful interest. For example, enhancing our offerings or protecting against legal actions is necessary.
- Compliance must fulfill a legal duty in Nigeria.
Reach out to us via email for further information on the procedures required to protect rightful interests.
Below is a compilation of justifications and lawful bases on which we might utilize the data you share with us. Personal information.
To share your personal details with third parties at your request to access digital trading platforms.
Should you inquire, we might seek your personal information to share it with external firms.
You have agreed to the handling of your personal information for one or several purposes.
To address your inquiries, personal information is required to assist in resolving any queries you may have about the services.
The company's legitimate needs or those of another party require handling.
To fulfill any statutory obligation or regulatory, court-related or judicial requirement, personal data is handled to satisfy the legal mandates.
To meet legal requirements, handling is necessary.
To Improve Our Offerings We might utilize Personal Data to refine Our Offerings. This can encompass, among other aspects, any error or failure reports that we gather regarding the offerings.
The company's justified interests or those of another party require handling.
Preventing Deception and Abuse of Our Services
To execute and oversee operations aligned with our service standards, these tasks encompass administrative duties, growth initiatives, strategic planning, control methods, and more.
The justified needs of the organization or the concerns of another party require handling.
To make informed decisions regarding various matters, we utilize a range of analytical methods, including statistical techniques, for comprehensive evaluation and analysis.
The company's valid interests or those of a third party in Nigeria require processing.
To Protect Our Resources, Rights, and Interests as Well as Those of Third Parties, We Have Developed HTML0 to Formulate and Defend Legal Claims. Personal Data May Be Processed by Us to Uphold Our Rights, Interests, and Resources, or Those of Third Parties, in Adherence to Any Applicable Laws, Regulations, or Agreements Alongside Any Conditions, Terms, or Policies.
The company's justified priorities or a third party's concerns require processing.
6. Relaying Personal Data to External Parties
The organization may also share personal information with external companies that provide services to us, such as hosting and storage solutions, IP address details, along with insights into user interactions.
You have the option to request that we provide your specific personal information to external trading platforms. In such cases, the personal information you share with us may be given to third-party trading platforms. The handling of your personal details is governed by their respective privacy policies. Your personal data might be distributed to several trading platforms.
The organization may have the capability to disclose personal information to associated firms or business allies. This can equip the organization with the necessary assets to elevate and refine the products and services offered to its clients.
Should it be necessary to protect third-party interests or assets, the Company may share personal information with regulatory bodies, local agencies, or other Nigerian authorities.
Additionally, we may disclose your personal information to prospective investors or buyers, or to financiers of the company or any other entity in our corporate group if a transaction occurs (including the transfer or sale of the company's or another group's assets) or as part of any merger, restructuring, consolidation, or insolvency involving the company or any other group business.
7. Biscuits and external provider offerings in Nigeria.
External services, like those that manage ads on our platform or provide analytical insights, might be engaged. These providers may also employ cookies or similar technologies.
Every time you visit or access a website, small text files known as cookies are stored on your device. These cookies collect data about your preferences and browsing patterns, enhancing your experience, remembering your choices, and tailoring products and services that may interest you. Additionally, cookies play a role in gathering statistics and conducting analyses.
Some cookies we employ are session cookies. These are temporarily stored on your device and only remain active until you shut your browser. Alternatively, there are persistent cookies. Persistent cookies stay on your device even after your browser is closed. They help the site recognize you as a returning visitor and make it easier for you to navigate back to the website.
Types of cookies:
They could be applied by us depending on their objective:.
Cookies are essential and indispensable.
These cookies are essential for accessing the features you have requested and for moving around our website. Cookies enable the delivery of the information, products, and services you have requested from us.
They are necessary for your gadget to access and stream content. This enables you to explore the site, take advantage of its functionalities, and revisit pages you've accessed before.
Cookies gather personal information, like your user ID, and the most recent login time to verify your access to the platform.
They disappear when your browser session is closed (temporary cookies).
Operational cookies.
Each time you visit our site, we can identify you and store your settings and choices.
They remain valid until their expiration date and are retained even after the browser is exited.
Performance-enhancing cookies.
Cookies collect statistical information about site performance and aid in its improvement. They also allow us to perform analyses on our website.
Cookies hold anonymous information that is not linked to any recognized or recognizable individual.
They are deletable upon closing your browser. Other cookies last indefinitely.
Cookies are disabled or erased.
To block or delete cookies, you must modify your web browser's configuration. Below are links to guide you through this procedure for some of the most popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Nonetheless, be mindful that some or all aspects of the site's operations and functionalities might not behave as you anticipate if this occurs.
ONLINE MONITORING NOTICE
This platform does not currently honor do-not-track requests.
8. How Your Personal Information Is Stored and Used.
The Company aims to keep your personal data for as long as needed to achieve the processing objectives outlined in this policy or for extended durations as allowed by Nigerian laws, regulations, policies, and relevant directives.
For a duration of 12 months, we'll distribute your details to third-party trading platforms. Should you consent, we will extend sharing your data for an additional 12 months.
We consistently evaluate the Personal Data in our possession to verify it's no longer necessary.
9. Relocation of private data to a foreign nation or to a global entity.
Your personal data could be relocated across borders. This means that your information might be sent to another nation (a country other than Nigeria) or to global entities. These international organizations or jurisdictions. The company ensures that stringent measures are in place to safeguard the data you share, ensuring that data users can claim their rights and pursue robust legal remedies.
These protections and safeguards are open to everyone residing in Nigeria (West African Region).
- Transfer to an international body or a country that is outside the EU, which the European Commission has recognized as having adequate personal data protection as per Article 45(3) of the European Parliament and Council Regulation 2016/679 dated 27 April 2016 (the "GDPR").
- The transfer is executed in line with a lawful and enforceable accord between governmental bodies or agencies under the provisions of Article 46 (2) (a) in Nigeria.
- The transfer adhered to standard data protection provisions sanctioned by the Nigerian authorities under Article 46 (2) (c) of the GDPR. The provisions endorsed by the Nigerian authorities can be reviewed at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The Enterprise can offer details regarding the protective protocols it utilizes to secure your personal information when shared with third-party nations or global entities. To inquire, please email us at info@wealthwaydigital.ng.
10. Safeguarding of Personal Information.
We have implemented suitable organizational and technical measures to protect personal information. This involves guarding against accidental or unlawful destruction, loss, or alteration of personal data.
We do not promise or assure that your personal data's security will be flawless. Nor can we be held liable for any intangible, incidental, or consequential damages resulting from the usage or exposure of personal data. This encompasses, but is not confined to, any personal information being revealed due to transmission errors, unauthorized third-party access, or other factors outside our control.
Should legal requirements or obligations outside our control arise, it may be necessary to share your personal information with external entities, including public authorities. In these instances, we cannot manage the protection afforded to your personal data by these external parties.
It's impossible to guarantee absolute safety for personal information sent via the web. The Company cannot guarantee the protection of personal data you send to us online.
11. Links to external sites associated with third-party platforms.
The website provides links to external sites and apps. These sites and apps are not managed by the company. We do not hold any responsibility for these websites or apps processing personal information. This Policy does not apply to actions performed through such platforms.
Before using or accessing any third-party sites or applications we endorse, we advise you to review their privacy policies thoroughly. Additionally, it's advisable to share your personal information with them cautiously.
12. Changes to this Policy.
This Policy may be revised at any moment. Should we alter this policy, we will update you by posting the new version on our site. Moreover, when we introduce major changes to this policy, we will attempt to notify you through methods we deem suitable, and a notice will be posted on our website. Unless explicitly stated otherwise, any changes will come into effect once the revised policy is published.
13. Your entitlements concerning your personal data.
You have the right to ask us to confirm the correctness of the personal information collected about you, to correct any errors, and to erase all data we do not need. You may also limit the different kinds of processing for your personal data.
If you reside in Nigeria, kindly check out this page: .
These entitlements can be accessed by you concerning the details you supply about your personal information. You can request to execute your entitlements by sending an email to the address listed below.
Access rights
The organization can confirm the correctness of the personal data processed about you. If so, you can access your own personal information.
The organization aims to provide a digital version of the personal information that is currently under processing and might impose a reasonable charge for any extra copies. If requested, the data will be available in electronic format.
The entitlement to access personal data should not clash with the rights and liberties of others. If the inquiry harms the rights and liberties of someone else, the organization can decline to comply with the request or restrict its ability to meet it.
Entitlement to correction.
The Company holds the right to amend incorrect personal information. You have the right to request correction of any incomplete personal data related to you, considering the purpose of processing.
Right to Erasure
These justifications apply: (a) The personal information is no longer needed for the reason it was initially gathered or handled; (b) Consent is retracted, and no lawful ground remains for processing; (c) An objection arises due to specific personal circumstances against the handling of your personal data on legitimate grounds pursued by us or a third party; (e) Personal information is processed unlawfully or (f) Data must be erased to satisfy the company's legal duty.
This entitlement does not apply if processing is essential (a) to meet a requirement established by Nigerian law or mandates under Nigeria's legislation; or (b) to establish, assert, or protect legal claims.
Handling limitations.
If you're worried about the precision of your personal information, request the company to restrict the handling of your data.
Should you request that personal data be limited, such information can only be stored with your approval, to establish, exercise, or defend legal claims, to protect the rights of another individual, or for a reason that holds substantial public importance within Nigeria or a state.
Entitlement to transferability of information.
Should an automated system handle the procedure, based on either an agreement or your consent, you possess both the legal entitlement and privilege to inspect the personal data you have submitted to the organization.
You have the right to request that your personal information be transferred directly from the company to another controller, if possible technically. Exercising your right to data portability doesn’t alter any rights under the right to deletion. The ability to transfer data doesn’t affect anyone else’s rights or freedoms.
Right to challenge
You have the right to object at any moment to the utilization of your personal data when it is rooted in the legitimate interests of the company or another party. This includes any profiling based on such interests. Should we present compelling legitimate reasons to process your data, we can continue unless you demonstrate that your rights, freedoms, or interests, or the action, setup, or protection of legal rights, are more significant.
Regarding direct marketing, you have the right at any moment to object to the handling of your personal information.
Authority to deny permission.
You may withdraw your permission for us to handle your personal information at any moment. This does not affect the legitimacy or legality of any processing that relied on your permission before its withdrawal.
You have the right to file a complaint with the body that oversees your actions.
You can submit an appeal to a regulatory authority established by a member nation to protect the basic rights of individuals regarding personal data processing within Nigeria.
Regulations in Nigeria and its laws might restrict your entitlements regarding your personal data, as explained in this section 13.
We will furnish you with the information requested according to your entitlements under section 13 of this contract within a month after your request is received. The duration may be prolonged to a maximum of two months, contingent on the intricacies of the request and the volume of requests. Within a month of receiving your request, we will inform you if an extension is necessary, along with the justification.
Provided it does not conflict with section 13 provisions of the law, the details you seek under your rights in section 13 will be provided at no charge. If a request lacks merit or is extreme, especially if it is repetitive, we may impose a reasonable fee to cover the administrative costs of supplying the data or fulfilling the requested action. We might also choose not to proceed.
If we question the identity of the true individual who made your request, the organization may seek additional details.