What is the Pi Network’s data sharing policy?

The Pi Network’s data sharing policy governs how user information is collected, shared, and used. Users have rights to access, update, correct, and delete their personal data while the platform ensures compliance with relevant laws and regulations. For more detailed information, please refer to the Pi Network Privacy Policy here.

Introduction

As digital platforms increasingly rely on personal data for operations, having a clear and comprehensive data sharing policy becomes essential. The Pi Network, a unique cryptocurrency project, understands the significance of transparency and user control over personal information. The data sharing policy outlines how the platform collects, shares, and manages user data while emphasizing user rights and compliance with legal standards.

A critical aspect of this policy is the sharing of personal information. The Pi Network does not share or sell the personal information that users provide with other organizations without their express consent, except as described in this Privacy Policy. The platform discloses personal information to third parties under specific circumstances, ensuring that users’ privacy is maintained while adhering to necessary regulations. This article will explore the key aspects of the Pi Network’s data sharing policy, ensuring that users have a thorough understanding of how their information is handled.

Overview of the Data Sharing Policy

Purpose of Data Sharing Policies

Data sharing policies are designed to clarify how an organization collects, uses, and shares user information. They provide users with insights into the organization’s data practices, thus fostering trust and accountability.

For the Pi Network, a data sharing policy is vital for several reasons:

Transparency: By openly communicating data sharing practices, the Pi Network builds trust with its user base, encouraging greater engagement.
User Control: Users are empowered to manage their personal information, granting them the ability to access, update, and delete their data.
Compliance: The policy ensures adherence to relevant data protection laws and regulations, safeguarding both the organization and its users.

Key Components of the Pi Network’s Data Sharing Policy

Information Collection

The Pi Network collects information voluntarily provided by users through their accounts. This information may include personal details such as names, email addresses, and other data necessary for account management.

The platform may also gather additional data through tracking technologies and cookies to enhance user experience and analyze usage patterns. Users have options to manage these tracking technologies according to their preferences, ensuring a level of control over their online experience.

Information Choices and Changes

Users have significant rights regarding their personal information on the Pi Network. They can access information they have voluntarily provided, and they have the ability to review, correct, or delete this information. The process to manage personal data is simple:

Accessing Information: Users can log into their accounts via the Pi mobile application and navigate to the user profile screen to view their personal information.
Updating and Correcting Information: If users find inaccuracies or wish to update their contact preferences, they can do so through the application interface.
Deleting Information: Users can also request the deletion of their data, though it’s essential to note that withdrawing consent for data collection may lead to the inability to access certain services. Users can make deletion requests by submitting a request ticket through the Pi Network’s official channels.

Opt-Out Options

The Pi Network provides users with the option to opt-out of sharing their information with third parties. Users can specify their preferences regarding contact choices and information sharing during account setup and at any point thereafter. However, opting out may impact their ability to receive specific services from the platform, as consent for data sharing is essential for various functionalities.

Sharing of Personal Information

The Pi Network shares personal information under specific circumstances:

Affiliates: User information may be disclosed to subsidiaries and corporate affiliates for purposes consistent with the Privacy Policy.
Business Transfers: Personal information may be shared during business deals involving the sale or transfer of all or part of the organization.
Compliance with Laws and Law Enforcement: Information may be shared to comply with laws, respond to lawful requests, protect rights and property, or in emergency situations.
Professional Advisors and Service Providers: Information may be shared with third-party vendors and service providers necessary for delivering services, including KYC validators.
With Third Parties in Mergers or Acquisitions: Personal information may be shared with companies involved in mergers, asset sales, or acquisitions.
Aggregated or De-identified Information: The platform may share aggregated or de-identified information that cannot reasonably identify users.
User Permissions: Users can permit the sharing of their personal information with other companies or entities, subject to the recipient’s privacy policies.

Tracking Technologies

The Pi Network employs tracking technologies, including cookies, to enhance user experience and analyze platform usage. Users can disable or remove regular cookies using tools available in most commercial browsers. For Google Analytics tracking, users can opt-out by downloading the Google Analytics Opt-out Browser Add-on.

Data Retention

The Pi Network retains personal information only as long as it is necessary for fulfilling the purposes outlined in its privacy policy. The duration of data retention is influenced by various factors, including the nature of the data, legal requirements, and the risks associated with unauthorized disclosure. Users can expect that their data will be handled responsibly and in compliance with applicable laws.

Consent and Withdrawal of Consent

Users must provide consent for the collection, processing, and sharing of their information. If they choose to withdraw their consent, they must understand that it may limit the services available to them. The Pi Network emphasizes that consent is crucial for verifying user identities and ensuring compliance with regulatory standards. Users can withdraw their consent at any time, and the platform will honor such requests.

User Rights Under the Data Sharing Policy

Accessing, Updating, and Deleting Information

The Pi Network empowers users by providing clear avenues to access, update, correct, or delete their personal information. Users can easily navigate to their account settings in the Pi mobile application to manage their data preferences. Additionally, for further requests related to personal data access, users can submit a request ticket through designated links provided by the platform.

Rights for EU Data Subjects

For users located in the European Union, the Pi Network’s data sharing policy complies with the General Data Protection Regulation (GDPR). This means that EU data subjects have specific rights, including:

Access Rights: Users can request information regarding the processing of their personal data.
Correction Rights: Users can request updates or corrections to any inaccuracies in their data.
Deletion Rights: Users have the right to request deletion of their personal data under specific circumstances.
Transfer Rights: Users can request a machine-readable copy of their data for transfer to another service provider.
Object Rights: Users can object to processing based on legitimate interests that impact their rights.

Cross-Border Data Transfers

Personal data collected by the Pi Network may be transferred to, processed, and stored in the United States. Users should be aware that data protection laws in the U.S. may differ from those in their country of residence.

The platform ensures that data transfer mechanisms are in place to protect personal data during these transfers. Whenever data is moved outside the European Economic Area (EEA), the Pi Network relies on Standard Contractual Clauses recognized by the European Commission to ensure adequate protection for personal information.

Changes to the Data Sharing Policy

The Pi Network reserves the right to update its data sharing policy at any time. Users are encouraged to periodically review the policy to stay informed about any changes in data practices. When modifications are made, the platform will update the “Last Updated” date to reflect the most current information. Continued use of the services after any policy changes signifies acceptance of the modified terms.

Conclusion

The Pi Network’s data sharing policy is a fundamental aspect of its commitment to transparency, user control, and compliance with legal standards. By outlining user rights, data collection practices, and the procedures for managing personal information, the platform fosters trust and accountability among its user base. As the digital landscape evolves, the Pi Network remains dedicated to maintaining robust data sharing practices that prioritize user privacy and security.

Key Takeaways

The Pi Network’s data sharing policy emphasizes transparency and user control over personal information.
Users can access, update, correct, and delete their personal data through the Pi mobile application.
The platform complies with GDPR regulations for EU data subjects, ensuring user rights are respected.
Users have options to opt-out of sharing their information and manage tracking preferences.
The Pi Network retains personal data only as long as necessary and ensures secure cross-border transfers.
Users are encouraged to review the policy regularly for updates and changes regarding data practices.