of the Visible Money application
Provider and Operator of the VisibleMoney.org web application:
VM DevOps s. r. o.
Bizetova 454/1, Nitra 949 11, Slovak Republic
54 534 895
Business Register of the District Court Nitra, Section: sro., item no.: 57244/N
+421 951 070 178
2 INTRODUCTORY PROVISIONS
2.5 Only natural persons who have reached the age of 18 on the Registration Date can become Users.
3 CONCLUSION OF AGREEMENT
3.1 The Contracting Parties conclude the Agreement in electronic form by filling out and sending in the Registration Form. The Registration Form submitted according to the previous sentence of this Article constitutes a binding order by the User to access and use the Application. Following a successful submission of the Registration Form, the Agreement is concluded without the need for an additional confirmation of the order by the Provider.
3.2 The User undertakes and pledges to provide correct, complete, true and up-to-date information in the Registration Form and notify the Provider in writing of any changes to his/her identification data provided in the Registration Form. The User is obliged to fill in all mandatory fields in the Registration Form, in particular: email, phone number, title, first name, last name, date of birth, gender, place of residence and password.
3.5 The User must activate his/her Account after submitting the Registration Form. To activate the Account, it is necessary for the User to verify his/her e-mail address and phone number entered in the Registration Form. Verification is performed in the Account by entering the activation codes that the Provider sent to the User’s email and phone number. If the Account is not activated, the User can only use the Application to a limited extent, and is not allowed to interact with other Users.
3.6 During the registration process, the User is also obliged to select the relevant level of transparency, which will allow other Users to use the Auditing functionality. The transparency levels are divided into four categories:
· No transparency: Other Users do not have access to the data of the relevant User.
· Public Auditor: The relevant User may only be audited by the Users selected by the relevant User.
· Transparency after consent: The relevant User will disclose his/her data to other Users after his/her prior consent.
· Full transparency: The data of the relevant User are accessible to all Users.
3.7 When registering in the Application , Public Persons must successfully pass the Identity Verification Process according to the instructions of the Identity Verification Provider. During the Identity Verification Process, the Public Person is obliged to provide the Identity Verification Provider with all personal data that are absolutely necessary to verify his/her identity, in particular his/her identification data and an identity document.
3.8 Identity Verification is voluntary for Users other than Public Persons. However, the Provider or Public Persons may require Identity Verification from Users to be able to use certain functionalities of the Application (e.g. Auditing of certain Users).
4 RULES GOVERNING THE USE OF THE APPLICATION
4.1 A successful Registration, based on which an Account is created for the User, is a precondition for using the Application.
4.2 The User logs into the Account by entering his/her e-mail address and password, which he/she provided in the Registration Form.
4.3 The User declares and undertakes to protect the login credentials to the Account and not to provide them to persons without an authorization to use the Application, unless the Contracting Parties agree otherwise. The User can only grant access to the Application to authorized persons who have properly familiarized themselves with the use of the Application.
4.4 The User may only use the Application for the intended purpose and in a manner that corresponds to its proper use.
4.5 The User is solely responsible for all activities within the Application, in particular for Auditing, sending private notifications to other Users and publishing the information that was made accessible by other Users.
4.6 The Application interface is divided into the following sections:
4.6.1 Private Dashboard in which the User can access:
(i) Basic User Data and his/her status in the Application,
(ii) Private Notifications whose aim is to navigate the User to actions in the Application,
(iii) Public Notifications accessible to all Users, and
(iv) Comments of other Users on the respective User.
4.6.2 My Data, in which the User can update his/her personal data.
4.6.3 Assets, in which the User can enter data about his/her assets. This section is divided into the following subsections:
(i) Asset Profiles,
(ii) List of Assets,
(iii) Overview of Assets,
(iv) Development of Asset Value, and
(v) Publication of Asset Data to the Blockchain, which makes the data visible in the Auditing module.
4.6.4 The Audits and Transparency section, in which the User can set privileges for the audit of his/her data or browse the list of audit requests. This section is divided into the following subsections:
(i) Transparency Settings: these allow the User to modify the degree of transparency and the Public Person role.
(ii) Audit Permissions: these allow the User to view the list of other Users who have been granted the audit rights. Within the Audit permissions, the User can grant 4 types of rights, namely:
· rights to full transparency – granted to all Users.
· temporary rights for a one-time audit – granted to a specific User for a short limited period.
· PUBLIC_AUDITOR rights – granted to the User who needs the rights to perform audits of the User’s data as a public auditor.
· SELF_AUDIT rights – a technical record that the system automatically generates when the User opens the self-audit module.
(iii) Requests for Self-Audit: contains a list of requests to perform a User audit.
(iv) My Audits (the so-called MAudits): contains a list of audits that were performed on the User’s data.
(v) Request for Audits: contains a list of requests for audits of other Users’ data that the User has made.
(vi) Audits: contains a list of audits that have been performed by the User against other Users.
4.6.5 The Blockchain section, which is used to verify whether the data sent to a third-party blockchain system are identical to the data stored in the Application.
4.6.6 The People section is the gateway to using the Auditing functionality. This section contains all Users who have successfully registered in the Application. Through this section, the User has access to the Public Dashboards of other Users and ask them to perform an audit. After the audit request is sent, the Application evaluates whether the User is authorized to perform the audit and notifies the User who requested the audit about the result. If the User is not authorized to perform the audit, the Application will send a notification to the User or his/her public auditor, who will either approve or reject the request. If the requesting User is authorized to conduct the audit, the Application will prompt him/her through a notification to conduct the audit.
4.6.7 The Auditing module is used by the Users for Auditing. Through this module, authorized Users can take private snapshots, analyze the assets of the audited User, view other Users’ comments on the assets of the audited User and conclude the audit.
4.9 Taking into account the latest state-of-the-art, the Provider undertakes to ensure that all Information and data stored on the Server through the Application are sufficiently protected against loss, destruction, disruption or possible misuse, unauthorized access, disclosure, publication or other illegal or unlawful operations.
5.2 The Provider only allows the Visitor to view and download materials from the Website for personal and non-commercial use and under the condition of non-infringement of the Provider’s copyright and other intellectual property rights.
5.3 The Website Visitor may not copy, publish, replicate or distribute the texts, logos or graphic elements of the Website, either in whole or in part, without the prior consent of the Provider. Unauthorized use of the information and materials on the Website in any form shall be treated as a violation of copyright laws and other laws for the protection of intellectual property rights, with the exercise of compensation claims.
5.4 The Visitor may not post or transmit any illegal, threatening, defamatory and obscene information or materials or other data (especially personal data) to the Website in violation of applicable legal regulations.
5.5 The Visitor is entitled to send requests to the Provider to invite a Public Person to the Application by e-mail to firstname.lastname@example.org. For this purpose, the Visitor provides the Provider with his/her name, surname, municipality or city of residence. The Visitor can also revoke his/her request to invite a Public Persons by email. When inviting a Public Person, the Provider is entitled to disclose the personal data provided by the Visitor to the Public Person.
7.1.1 Method of use of the Application: The User is authorized to display, open, launch and use the Application for his/her own non-commercial use only.
7.1.2 Scope of License: The License is materially limited to the User’s own non-commercial use only, and it is territorially unlimited.
7.1.3 Duration of License: The License is granted for the duration of the Agreement.
7.1.4 Licensing fees: The License is granted free of charge.
7.1.5 The License is non-exclusive. The Provider is free to grant the License to other persons.
7.1.6 The User is not authorized to modify the Application in any way, recompile the Application or include it in other derivative works, which may thus become part of a new work.
7.1.7 The User is not authorized to grant a permission to use the Application to third parties within the scope of the License (sublicense) and/or transfer the License to a third party without the prior written consent of the Provider.
7.1.8 The User undertakes and pledges to protect the Application from unprofessional interventions by third parties, as well as other actions resulting in its damage or deterioration.
7.1.9 The User is not permitted to rent, lend, share or otherwise allow third parties to use the Application or parts thereof, whether in its original or modified form, without the prior written consent of the Provider.
7.1.10 The License shall not entitle the User to any other use of the Application than the one stipulated herein.
8 AGREEMENT TERM
8.1 This Agreement is concluded for an indefinite term.
8.2 The User may request a termination of the Agreement at any time by sending an email to email@example.com. The Provider undertakes to delete the User’s Account within 3 working days from the date of delivery of the deletion request.
8.4 In case of termination of the Agreement, the Provider shall delete the content and/or any comments posted by the User in the Application. The Provider shall archive the information in the Application log files for a period of 3 years after the termination of the Agreement. The Provider shall not be liable for damage incurred by the User as a result of deletion of the data in accordance with this point.
9 APPLICATION AVAILABILITY AND TECHNICAL SUPPORT
9.1 The Provider shall provide continuous Availability of the Application with the exception of previously announced shutdowns necessary in particular to carry out regular updates and/or improve the functionality of the Application, or with the exception of other unplanned events that occurred due to the events not on the part of the Provider. The User acknowledges and understands that Availability may be limited and/or completely restricted, for example due to the regular updates or improvements of functionality of the Application, or due to other unplanned events that cannot be attributed to the Provider’s failure and/or will.
9.2 The User can send technical support requests to the Provider by email at firstname.lastname@example.org . As the Provider grants the License to the User free of charge, the User has no legal obligation to provide technical support. The Provider may also refuse to provide technical support if the User fails to provide the necessary synergy to the Provider.
10 PROVIDER’S LIABILITY FOR DEFECTS AND DAMAGE
10.1 As the Application is provided to the User free of charge, the Provider cannot not be held liable for any defects in the Application.
10.2 The Provider shall not be liable for any damages caused to the User by unauthorized or incorrect use of the Application by the User himself/herself or by third parties.
10.3 The Provider shall in no way be liable for the content, correctness or completeness of the information stored, obtained, collected or generated by the User through the Application.
10.4 The Provider shall not be liable for the completeness, accuracy or truthfulness of information and other materials published or otherwise made available to other Users through the Application, nor for the damage or other violations of Users’ rights caused by the content or visualization of information and materials published by other Users in the Application or other actions of Users on the Website.
10.5 The Provider is not obliged to verify the truthfulness, accuracy or completeness of information published by the User when using the Application.
10.6 The User has the right to send requests regarding the use of the Application to the Provider by e-mail. As a rule, the Provider shall handle the requests within 5 working days. This period may be extended depending on the number and complexity of requests. If the User shows dissatisfaction with the manner in which the Provider handled the request or believes that the Provider has violated his/her rights, the User has the right to contact the Provider with a request for correction. If the Provider responds negatively to the User’s request according to the previous sentence or fails to respond to such requests within 30 days from the date of submission by the User, the User has the right to submit a proposal for an alternative dispute resolution according to the provisions of Article 12 of the Alternative Resolution of Consumer Disputes Act. The Slovak Trade Inspection (https://www.soi.sk/sk/alternativne-riesenie-spotrebitelskych-sporov.soi) is the competent authority for alternative dispute resolution.
10.7 The Slovak Trade Inspection – Nitra Region Inspectorate, with registered office at Staničná 1567/9, 949 01 Nitra, Department of Supervision, e-mail: email@example.com, is the supervisory authority over the performance of Provider’s business activity.
11 PROTECTION OF PERSONAL DATA
11.1 When operating the Application, the Provider shall process the User’s Personal Data as a personal Data Controller who determines the purpose and means of personal data processing.
11.2 Detailed information on the processing of personal data through the User’s use of the Application is provided in the Privacy Notice at [ • ] .
12 DOCUMENT SERVICE
13 FINAL PROVISIONS