Back to Home

Privacy Policy

Effective Date: 18th June 2025

At Parameta Technology LLC, privacy is fundamental. As the creators of PARACRYP, a next-gen decentralized platform builder for tokenizing Real-World Assets (RWAs), we are committed to protecting your data, ensuring transparency, and enabling user-first control across all digital interactions.

As a VARA-licensed entity in Dubai, UAE, we adhere to the highest standards of data protection and regulatory compliance.

1. Who We Are

PARACRYP is operated by Parameta Technology LLC, a licensed entity based in Dubai Silicon Oasis (DSO), United Arab Emirates. We specialize in decentralized platforms, blockchain infrastructure, and compliant RWA tokenization technologies.

2. Information We Collect

a) Personal Information

Collected through forms, account sign-ups, KYC onboarding:

  • Full name
  • Email address
  • Country of residence
  • Identification documents (for regulatory compliance)
  • Wallet address

b) Technical Information

Collected via cookies, logs, and blockchain interactions:

  • IP address and device information
  • Usage patterns, clicks, session data
  • Smart contract interactions

c) Third-party Integrations

If you connect through external wallets or platforms (e.g., MetaMask, WalletConnect), we may collect non-identifiable metadata based on your interaction.

3. Why We Collect This Data

  • To verify identity and comply with AML/KYC obligations
  • To enable token issuance, trading, and asset management
  • To improve platform functionality and user experience
  • To communicate service updates, security alerts, or transactional notices
  • To prevent fraud, abuse, and unauthorized access

4. How We Store and Protect Data

  • Encrypted at rest and in transit
  • Secure, audited infrastructure for off-chain storage
  • On-chain data follows protocol-based anonymization

We follow international best practices, including GDPR, where applicable

5. Your Rights

Depending on your jurisdiction, you may:

  • Access or request deletion of your data
  • Update inaccurate data
  • Withdraw consent for non-essential communication
  • Export your personal data (where supported)

To exercise these rights, contact: info@parametaedge.com

6. Sharing Your Data

We never sell your data

We may share with:

  • Compliance and KYC service providers
  • Cloud infrastructure (under strict NDA)
  • Legal and regulatory bodies, if legally required

7. Cookies and Tracking

Our platform may use cookies for analytics, performance tracking, and personalization. You may disable cookies through your browser, but this may limit platform functionality.

8. Third-Party Links

We may link to decentralized apps (dApps), exchanges, or external tools. We are not responsible for their privacy practices.

9. Children's Privacy

PARACRYP is intended only for users 18 years and above. We do not knowingly collect data from minors.

10. Data Retention

We retain user data only as long as necessary to:

  • Fulfill our legal/regulatory obligations
  • Support platform functionality and user experience
  • Defend against fraud or legal claims

11. Updates to This Policy

We may periodically update this Privacy Policy. Users will be notified via email or platform notice.

paracryp
Paracryp

A next-gen decentralized platform builder designed to revolutionize how real-world assets (RWA) are owned, managed, and traded.

Resources

2025 © Parameta Technology LLC