Privacy Policy

Welcome to Hoosat Network

1. Introduction

At Hoosat Network, we prioritize your privacy and are committed to safeguarding any information you provide. This Privacy Policy outlines how we collect, use, and protect your data when you interact with the Hoosat Network, including both our decentralized platform and our website.

2. Information Collection

Hoosat Network does not collect personally identifiable information (PII) from users interacting with the decentralized network. However, certain transaction data is recorded on the blockchain and is publicly accessible. This data includes:

Additionally, when you visit our websites, we may collect basic information to improve user experience. This may include:

We do not use this information to track you personally or for any marketing purposes. The information collected is used solely to improve our website’s functionality and user experience.

3. Use of Data

As a fully decentralized platform, Hoosat Network does not engage in the collection, storage, or processing of personal data for advertising or marketing purposes. Transaction data recorded on the blockchain is solely used to validate and log transactions within the network.

For website interactions, any data collected (e.g., IP addresses) is used solely to enhance the performance and security of the website. We may use analytics tools to monitor website usage and improve content and services. However, we do not sell or share any collected data with third parties for advertising purposes.

4. Data Security

Hoosat Network employs cryptographic protocols to ensure the integrity and security of transactions. However, due to the decentralized nature of the network, once transactions are confirmed on the blockchain, they cannot be reversed. Users are solely responsible for securing their private keys and wallet credentials.

For website interactions, we take reasonable precautions to protect any data collected. This includes using industry-standard encryption protocols and securing any transmission of data. However, no system can be 100% secure, and we cannot guarantee the absolute safety of any transmitted data.

5. Third-Party Services

Hoosat Network may interact with third-party services, such as wallet providers and exchanges, to enhance functionality. These third parties have their own privacy policies, which you should review before engaging with their services. Hoosat Network is not responsible for the practices of these third-party services.

For the website, we may also use third-party services such as Google Analytics or other analytics providers to help us understand user behavior and improve the website. These services may collect anonymous data such as browsing behavior and IP address, but they do not track personally identifiable information unless you choose to provide it.

6. Transparency

As Hoosat Network operates on a public blockchain, all transactions are transparent and can be accessed by anyone with the appropriate blockchain explorer tools. While personal data is not stored by the Hoosat Network, your transaction history is publicly available on the blockchain.

Additionally, we strive for transparency with the data collected on our website. Any data collected is only used for improving the website’s functionality and ensuring that it is secure and user-friendly. We do not collect sensitive information beyond what is necessary for these purposes.

7. Changes to the Privacy Policy

Hoosat Network reserves the right to amend this Privacy Policy at any time. Updates will be posted on this page and will become effective immediately upon publication. Continued use of the network or website after changes are posted indicates your acceptance of the updated Privacy Policy.

8. Your Rights

As Hoosat Network does not store personal data, traditional privacy rights such as data access or deletion requests do not apply. However, you are responsible for managing your private keys and wallet information, as these are the primary means of interacting with your transactions on the network.

For website data, if you have provided any personal information directly through forms, you can request to have it deleted by contacting us via the email below. We will ensure that any personal data we collect through the website is handled in accordance with applicable privacy laws.

9. Contact

If you have any questions regarding this Privacy Policy or how your information is handled, please reach out to the Hoosat Network community through the official communication channels listed below: