Legal
Privacy Policy
Last updated: December 1, 2024
Data Encrypted
All data encrypted in transit and at rest
No Selling Data
We never sell your personal information
Data Minimization
We only collect what we need
PIPEDA Compliant
Full compliance with Canadian privacy law
1. Introduction
Drazill Inc. ("Drazill," "we," "us," or "our") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our prediction market platform ("Platform").
This Policy applies to all users of our Platform, website, and related services. By using our Platform, you consent to the data practices described in this Policy.
We comply with the Personal Information Protection and Electronic Documents Act (PIPEDA) and applicable provincial privacy legislation.
2. Information We Collect
We collect information in the following ways:
**Information You Provide:**
• Account registration details (name, email, date of birth)
• Identity verification documents (government ID, proof of address)
• Payment information (bank account, credit card details)
• Communication preferences
• Customer support inquiries
**Information Collected Automatically:**
• Device information (IP address, browser type, operating system)
• Usage data (pages visited, features used, time spent)
• Transaction history and trading activity
• Cookies and similar tracking technologies
**Information from Third Parties:**
• Identity verification services
• Payment processors
• Analytics providers
• Marketing partners (with your consent)
3. How We Use Your Information
We use your information for the following purposes:
**Platform Operation:**
• Create and manage your account
• Process trades and transactions
• Verify your identity and eligibility
• Provide customer support
**Legal Compliance:**
• Comply with anti-money laundering regulations
• Report to regulatory authorities as required
• Prevent fraud and unauthorized access
• Enforce our Terms of Service
**Platform Improvement:**
• Analyze usage patterns and trends
• Develop new features and services
• Personalize your experience
• Conduct research and analysis
**Communication:**
• Send transaction confirmations
• Provide market updates and alerts
• Send marketing communications (with consent)
• Respond to inquiries and requests
6. Data Security
We implement robust security measures to protect your information:
**Technical Safeguards:**
• TLS encryption for all data in transit
• AES-256 encryption for data at rest
• Multi-factor authentication
• Regular security audits and penetration testing
• Intrusion detection systems
**Organizational Safeguards:**
• Limited access to personal information
• Employee training on data protection
• Incident response procedures
• Vendor security assessments
**Financial Data:**
• PCI DSS compliance for payment processing
• Segregated accounts for user funds
• Regular third-party audits
Despite our efforts, no method of transmission over the Internet is 100% secure. We cannot guarantee absolute security but will notify you of any breaches as required by law.
7. Data Retention
We retain your information for as long as necessary to:
• Provide our services
• Comply with legal obligations
• Resolve disputes
• Enforce our agreements
**Retention Periods:**
• Account information: 7 years after account closure
• Transaction records: 7 years (regulatory requirement)
• Identity verification: 7 years (AML requirement)
• Support tickets: 3 years
• Marketing data: Until consent withdrawn
You may request deletion of your data subject to legal retention requirements.
8. Your Privacy Rights
Under Canadian privacy law, you have the right to:
**Access:** Request a copy of your personal information we hold
**Correction:** Request correction of inaccurate information
**Deletion:** Request deletion of your information (subject to legal requirements)
**Portability:** Receive your data in a portable format
**Withdraw Consent:** Withdraw consent for certain processing activities
**Opt-Out:** Unsubscribe from marketing communications
**Complaint:** File a complaint with the Privacy Commissioner of Canada
To exercise these rights, contact us at privacy@drazill.com. We will respond within 30 days.
9. Children's Privacy
Our Platform is not intended for individuals under the age of 19 (or the age of majority in your province/territory).
We do not knowingly collect personal information from minors. If we become aware that we have collected information from a minor, we will take steps to delete it immediately.
If you believe we have inadvertently collected information from a minor, please contact us at privacy@drazill.com.
10. International Data Transfers
Your information may be transferred to and processed in countries other than Canada, including the United States, where our service providers are located.
When we transfer data internationally, we ensure appropriate safeguards are in place:
• Standard contractual clauses
• Adequacy decisions
• Binding corporate rules
We ensure that any international transfers comply with applicable privacy laws and provide adequate protection for your information.
11. Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of material changes by:
• Posting the updated Policy on this page
• Updating the "Last Updated" date
• Sending an email notification for significant changes
• Displaying a notice on the Platform
Your continued use of the Platform after changes become effective constitutes acceptance of the updated Policy.
12. Contact Us
For privacy-related inquiries or to exercise your rights, contact our Privacy Officer:
Drazill Inc.
Attn: Privacy Officer
100 King Street West, Suite 4700
Toronto, ON M5X 1C9
Canada
Email: privacy@drazill.com
Phone: 1-888-DRAZILL
We will respond to all inquiries within 30 days.