Privacy Policy

Blockchain Propulsion AG - Privacy Policy

1.    Collection, Processing, and Use of Personal Data
Blockchain Propulsion AG (“BPRO”) offers services in the area of Digital Assets, which often includes verifying official identification documents, in particular passports, identity cards, and driving licences (“Identification Documents” of “ID”) and matches these with the respective person (“End-User”). BPRO offers this service to customers around the world - e.g. financial institutions, fund managers, insurance companies, technology firms, government institutions, maritime companies, real estate developers, online platforms, and various other organisations (“Partners”) in order to comply with legal and regulatory requirements (e.g. Money Laundering Act) and/or to increase the security in relation to the identity of End-Users. As such, BPRO acts according to the client instructions and the applicable regulatory and legal requirements.


a)    Verification Process
The End-User of our verification service use a technical device (e.g. PC, Smartphone, etc.) to record the ID document via video chat or photo using the integrated camera. In the following, the verification process is explained with the corresponding steps and associated data processing. The End-User is made aware of the identification service through BPRO’s Partner. BPRO generally requires the following data of the End-User to perform the identification service: first and last name, address, date of birth, place of birth, mobile number, e-mail address. This data is either collected by the Partner or entered by the End-User on the BPRO website or app. During the identification process, photographs and/or video recordings of the identification document are taken in order to match the previously obtained End-User data with the data on the identification document. The data collected by BPRO varies depending on the identification document and the customer's application. 
For passports and identity cards, the data collected includes first and last name, place and date of birth. For identification under the Money Laundering Act, the issuing authority, ID number, nationality, and the address of the End-User are also collected. In the case of driving licences, first name and surname, date of issue, category of driving licence, and date of birth are collected in particular. BPRO also stores the photos and the video recordings of the ID documents in addition to the End-User data. In a second step, depending on the partner configuration, photo or video recordings of the End-User’s face are taken using software licensed to BPRO. The photos are either taken by the End-User or by a BPRO employee. If customer identification is required under the Anti-Money Laundering Act, the data is collected through a video call. The conversation between the End-User and BPRO employees is recorded acoustically.

b)    Consent, Storage, and Deletion
All data collected by BPRO is used exclusively to verify identification documents and/or to identify the End-User. Prior to any identification process, the End-User will be informed by BPRO or the Partner about the data collected by BPRO and transmitted to the Partner. This information can be found in BPRO’s, as amended from time to time and/or in the Partner’s privacy policy. Any processing of personal data beyond the scope of the statutory provisions will only be carried out with the express consent of the End-User. The data will be transmitted to the Partner and deleted from BPRO’s servers after 90 days at the latest unless the Partner has issued a deletion order beforehand. Due to legal retention periods (e.g. within the scope of the Money Laundering Act), data may be stored at the Partner for the duration and up to ten (10) years after end of the business relationship between Partner and End-User.


2.    Use of Google Analytics
This website uses Google Analytics, a web analysis service of Google Inc. (“Google”). Google Analytics uses “cookies”, which are text files placed on your computer, to help the website analyse how users use the site. The information generated by the cookie about your use of this website is usually transferred to a Google server in the USA and stored there. However, in the event that IP anonymisation is activated on this website, your IP address will be shortened by Google within member states of the European Union (EU) or in other signatory states in the Agreement on the European Economic Area (EEA) before this occurs. In exceptional cases only, will the full IP address be transferred to a Google server in the USA and shortened there. 
On behalf of the operator of this website, Google will use this information to evaluate your use of the website, to compile reports on the website activities and to provide further services to the website operator in connection with the use of the website and the Internet. The IP address transmitted by your browser within the framework of Google Analytics is not combined with other data from Google. You may refuse the use of cookies by selecting the appropriate settings on your browser – however, please note that if you do this you may not be able to use the full functionality of this website. You can also prevent the collection of the data generated by the cookie and related to your use of the website (including your IP address) to Google and the processing of this data by Google by downloading and installing the browser plugin available at the following link: http://tools.google.com/dlpage/gaoptout?hl=ch. 
In view of the discussion about the use of analysis tools with complete IP addresses, we would like to point out that this website uses Google Analytics with the extension “anonymizeIp()” and therefore IP addresses are only processed in abbreviated form in order to exclude the possibility of direct personal references. Especially for browsers on mobile devices, please click this link "javascript:gaOptout()" to prevent the anonymized recording by Google Analytics on this website for your browser by means of a so-called “opt-out cookie” in the future.

3.    Use of own “Cookies”
This website uses its own “cookies” to enhance user-friendliness (“cookies” are data records that are sent from the web server to the user's browser and stored there for later retrieval). No personal data is stored in our own cookies. You can generally prevent the use of cookies if you prohibit the storage of cookies in your browser.


4.    Further Information and Contacts
If you have any questions regarding this privacy policy, please contact us under the following email address; admin@bpropulsion.com. You can request at any time information on whether and which of personal data of yours is stored with us. In addition, you can send us information, deletion, and/or correction requests as well as suggestions by e-mail or written letter.