Last updated: October, 2019
We are delighted that you have chosen to use our App or visit our website. We take our data protection
responsibilities with the utmost seriousness and we have designed our website so that you may navigate and
use our website without having to provide Personal Data.
This Policy sets out what Personal Data we collect, how we process it and how long we retain it. This Policy applies to all of our processing activities where we act as a data controller. In this policy, "we", "us" and "our" refers to Gnosis OPS Limited a company incorporated in Gibraltar with its registered address at World Trade Center, 6 Bayside Rd, Gibraltar. For more information about us, see the Contact Us section of this policy.
In this Policy, “personal data” means any information relating to you as an identified or identifiable natural person (“Data Subject”); an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an online identifier or to one or more factors specific to your physical, physiological, genetic, mental, economic, cultural or social identity.
1. Navigating this Policy
If you are viewing this policy online, you can click on the below links to jump to the relevant section:
- Your information and the Blockchain
- How We Use Personal Data
- Use of Third Party Applications
- Sharing Your Personal Data
- Transferring Your data outside of the EU
- Existence of Automated Decision-making
- Data Security
- Your Rights as a Data Subject
- Storing Personal Data
- Our details
2. Your information and the Blockchain
Blockchain technology, also known as distributed ledger technology (or simply ‘DLT’), is at the core of our
business. Blockchains are decentralized and made up of digitally recorded data in a chain of packages called
‘blocks’. The manner in which these blocks are linked is chronological, meaning that the data is very
difficult to alter once recorded. Since the ledger may be distributed all over the world (across several
‘nodes’ which usually replicate the ledger) this means there is no single person making decisions or
otherwise administering the system (such as an operator of a cloud computing system), and that there is no
centralized place where it is located either.
Accordingly, by design, a blockchains records cannot be changed or deleted and is said to be ‘immutable’. This may affect your ability to exercise your rights such as your right to erasure (‘right to be forgotten’), or your rights to object or restrict processing, of your personal data. Data on the blockchain cannot be erased and cannot be changed. Although smart contracts may be used to revoke certain access rights, and some content may be made invisible to others, it is not deleted.
In certain circumstances, in order to comply with our contractual obligations to you (such as delivery of tokens) it will be necessary to write certain personal data, such as your Ethereum or other cryptocurrency wallet address, onto the blockchain; this is done through a smart contract and requires you to execute such transactions using your wallet’s private key.
In most cases ultimate decisions to (i) transact on the blockchain using your Ethereum or other cryptocurrency wallet address, as well as (ii) share the public key relating to your Ethereum or other cryptocurrency wallet address with anyone (including us) rests with you.
IF YOU WANT TO ENSURE YOUR PRIVACY RIGHTS ARE NOT AFFECTED IN ANY WAY, YOU SHOULD NOT TRANSACT ON BLOCKCHAINS AS CERTAIN RIGHTS MAY NOT BE FULLY AVAILABLE OR EXERCISABLE BY YOU OR US DUE TO THE TECHNOLOGICAL INFRASTRUCTURE OF THE BLOCKCHAIN. IN PARTICULAR THE BLOCKCHAIN IS AVAILABLE TO THE PUBLIC AND ANY PERSONAL DATA SHARED ON THE BLOCKCHAIN WILL BECOME PUBLICLY AVAILABLE
3. How We Use Personal Data
3.1. When visiting our website
We may collect and process Personal Data about your use of our website. This data may include:
- The browser types and versions used;
- The operating system used by the accessing system;
- The website from which an accessing system reaches our website (so-called referrers);
- Behaviour: subpage, duration, and revisit
- The date and time of access to our website,
- The Internet protocol address (“IP address”);
- The Internet service provider of the accessing system; and
- Any other similar data and information that may be used in the event of attacks on our information technology systems.
This data may be processed in order to deliver the content of our website correctly, to optimize the content of our website to ensure the long-term viability of our information technology systems and website technology, and to provide law enforcement authorities with the information necessary for criminal prosecution in case of a cyber-attack. The legal basis for this processing is our legitimate business interests, namely monitoring and improving our website and the proper protection of our business against risks and your consent when agreeing to accept cookies.
3.2. When trading in the Sight Markets When participating in Sight Personal Data may be collected and processed. The data will be stored in different instances.
A) On the the Ethereum blockchain following data will be stored:
- your wallet address; and
- trade data.
The data will be stored on the Ethereum Blockchain. Given the technological design of the blockchain, as explained in
section 2, this data will become public and it will not likely be possible to delete or change the data at any given
This data may be processed in order to deliver the functionality of the product. The legal basis for this processing is
your consent, provided by the active wallet connection through MetaMask during the log in process.
B) In our Database following data will be stored:
- your wallet address
- trade data
- holdings; and
- email address
This data may be processed in order to deliver the functionality of the product. The legal basis for this processing is
your consent, provided by the active wallet connection through MetaMask during the log in process. The legal basis for
this processing is also our legitimate business interests, namely monitoring and improving our service.
C) Furthermore we will store log data which include:
- your wallet address
- trade data
- browser description; and
- the Internet protocol address (“IP address”).
This data may be processed in order to deliver the functionality of the product.
3.3. When receiving the email notification If you have subscribed to our email notification service, each time you receive an email notification from us, we may collect and process Personal Data. This data may include:
- The date and time you opened the email;
- What (if any) links or URLs you accessed from our newsletter;
- The location it was accessed from.
This data is collected and processed for the purpose of improving the content of our email notification service. The legal basis for this processing is your consent as provided in the double opt-in confirmation part of our sign-up process.
3.4. Product Research
When participating in our product research, we may collect and process Personal Data. This data may include:
- Your job;
- developer portfolio;
- your trading experience;
- tokens you posses; and
- email address.
The legal basis for this processing is your consent before participating in the product research.
3.5. Other uses of your Personal Data
We may process any of your Personal Data where it is necessary to establish, exercise, or defend legal claims. The legal basis for this processing is our legitimate interests, namely the protection and assertion of our legal rights, your legal rights and the legal rights of others.
Further, we may process your Personal data where such processing is necessary in order for us to comply with a legal obligation to which we are subject. The legal basis for this processing is our legitimate interests, namely the protection and assertion of our legal rights.
4. Use of Third Party Applications
4.1. Ethereum Blockchain When using Gnosis Sight your wallet address, the transactions made with the account will be stored on the Ethereum blockchain. See section 2 of this Policy. The information will be displayed permanently and public, this is part of the nature of the blockchain. If you are new to this field, we highly recommend informing yourself about the blockchain technology before using our services.
4.2. Amazon Webserver
We use the Amazon Web Server (AWS) to store log and database data as described in section 3.2
For further information and the applicable data protection provisions of AWS please visit
4.3. MetaMask In order to participate in Sight, you will have to connect your wallet through the web3 wallet provider MetaMask. When connecting with MetaMask, they may collect Personal Data. This may include:
- Network information;
- first wallet address created through the MetaMask plugin;
- highest browser permissions could lead to procurements of more personal information
- interaction with the site is also documented via a MetaMask Google Analytics account.
For further information and the applicable data protection provisions of MetaMask please visit https://metamask.io/privacy.html.
In order to participate in Sight any user has to go through KYC/AML processes.
The service used therefore is Fractal (https://www.trustfractal.com/).
We use Mailchimp (https://mailchimp.com/) for our
email notification service to subscribers. Mailchimp allows us to prepare customized Emails and manage our
Mailchimp’s purpose and function is further explained under the following link: (https://mailchimp.com/).
5. Sharing Your Personal Data
We may pass your information to our Business Partners, administration centres, third party service providers, agents, subcontractors and other associated organisations for the purposes of completing tasks and providing our services to you. In addition, when we use any other third-party service providers, we will disclose only the personal information that is necessary to deliver the service required and we will ensure, that they keep your information secure and not to use it for their own direct marketing purposes. In addition, we may transfer your personal information to a third party as part of a sale of some, or all, of our business and assets or as part of any business restructuring or reorganisation, or if we are under a duty to disclose or share your personal data in order to comply with any legal obligation. However, we will take steps to ensure that your privacy rights continue to be protected.
6. Transferring Your data outside of the EU
The data mentioned in section 3.2b) and c) will the stored in our Amazon Web Server, which is based in the US. Amazon is certified under the EU- US Privacy Shield. Fabric.io and Firebase are part of the Google LLC., which is based in the US. Google is certified under the EU-US Privacy Shield. However, when interacting with the blockchain, as explained above in this Policy, the blockchain is a global decentralized public network and accordingly any personal data written onto the blockchain may be transferred and stored across the globe
7. Existence of Automated Decision-making
We do not use automatic decision-making or profiling when processing Personal Data.
8. Data Security
We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality.
We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
9. Your Rights as a Data Subject
You have certain rights under applicable legislation, and in particular under Regulation EU 2016/679 (General Data Protection Regulation or ‘GDPR’). We explain these below. You can find out more about the GDPR and your rights by accessing the European Commission’s website.
Right to erasure (right to be ‘forgotten’)
You have the general right to request the erasure of your personal information in the following
- the personal information is no longer necessary for the purpose for which it was collected;
- you withdraw your consent to consent based processing and no other legal justification for processing applies;
- you object to processing for direct marketing purposes;
- we unlawfully processed your personal information; and
- erasure is required to comply with a legal obligation that applies to us.
However, when interacting with the blockchain we may not be able to ensure that your personal data is deleted. This is because the blockchain is a public decentralized network and blockchain technology does not generally allow for data to be deleted and your right to erasure may not be able to be fully enforced. In these circumstances we will only be able to ensure that all personal data that is held by us is permanently deleted.
We will proceed to comply with an erasure request without delay unless continued retention is necessary for:
- Exercising the right of freedom of expression and information;
- Complying with a legal obligation under EU or other applicable law;
- The performance of a task carried out in the public interest;
- Archiving purposes in the public interest, scientific or historical research purposes, or statistical purposes, under certain circumstances; and/or
- The establishment, exercise, or defence of legal claims.
Right to restrict processing and right to object to processing You have a right to restrict processing of your personal information, such as where:
- you contest the accuracy of the personal information;
- where processing is unlawful you may request, instead of requesting erasure, that we restrict the use of the unlawfully processed personal information;
- we no longer need to process your personal information but need to retain your information for the establishment, exercise, or defence of legal claims.
You also have the right to object to processing of your personal information under certain circumstances, such as where the processing is based on your consent and you withdraw that consent. This may impact the services we can provide and we will explain this to you if you decide to exercise this right. However, when interacting with the blockchain, as it is a public decentralized network, we will likely not be able to prevent external parties from processing any personal data which has been written onto the blockchain. In these circumstances we will use our reasonable endeavours to ensure that all processing of personal data held by us is restricted, notwithstanding this, your right to restrict to processing may not be able to be fully enforced. Right to data portability Where the legal basis for our processing is your consent or the processing is necessary for the performance of a contract to which you are party or in order to take steps at your request prior to entering into a contract, you have a right to receive the personal information you provided to us in a structured, commonly used and machine-readable format, or ask us to send it to another person. Right to freedom from automated decision-making As explained above, we do not use automated decision-making, but where any automated decision-making takes place, you have the right in this case to express your point of view and to contest the decision, as well as request that decisions based on automated processing concerning you or significantly affecting you and based on your personal data are made by natural persons, not only by computers. Right to object to direct marketing (‘opting out’) You have a choice about whether or not you wish to receive information from us. We will not contact you for marketing purposes unless:
you have a business relationship with us, and we rely on our legitimate interests as the lawful basis for processing (as described above) you have otherwise given your prior consent (such as when you download one of our guides)
Gibraltar Data Protection Commissioner
Gibraltar Regulatory Authority
2nd Floor, Eurotowers 4
1 Europort Road
Phone: (+350) 200 74636
Fax: (+350) 200 72166
You also have the right to lodge a complaint with the supervisory authority in the country of your habitual residence, place of work, or the place where you allege an infringement of one or more of our rights has taken place, if that is based in the EEA.
10. Storing Personal Data
We retain your information only for as long as is necessary for the purposes for which we process the information as set out in this policy. However, we may retain your Personal Data for a longer period of time where such retention is necessary for compliance with a legal obligation to which we are subject, or in order to protect your vital interests or the vital interests of another natural person.
We may make changes to this Policy from time to time. Where we do so, we will notify those who have a business relationship with us or who are subscribed to our emailing lists directly of the changes, and change the ‘Last updated’ date above. We encourage you to review the Policy whenever you access or use our website to stay informed about our information practices and the choices available to you. If you do not agree to the revised Policy, you should discontinue your use of this website.
12. Our details
This website is owned and operated by Gnosis Ops Limited.
We are registered in Gibraltar under registration number 116678, and our registered office is located at:
World Trade Center
6 Bayside Rd,