Privacy Policy
Effective Date: March 2025
Verchool ("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 visit our platform or use our services, including our Web 3.0 B2B zones and Boardroom Live. By accessing our services, you agree to the practices outlined in this policy.
1. Information We Collect
a. Personal Information
- We may collect the following personal data:
- Name, email address, phone number, job title, company name
- Account credentials and authentication data
- Payment and billing information (if applicable)
- Profile data, including preferences and interaction history
b. Usage Data
- IP address, browser type, access times, and pages viewed
- Device identifiers and system activity logs
- Log-in activity and session details
c. Cookies and Tracking Technologies
- We use cookies and similar technologies to enhance user experience and analyze platform usage. These include:
- Essential Cookies: Required for platform functionality
- Performance Cookies: Help us understand usage patterns
- Marketing Cookies: Used for personalized content and advertisements
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Users can manage cookie preferences through their browser settings.
2. How We Use Your Information
- We use collected data to:
- Provide, maintain, and improve our services
- Facilitate secure user access and account management
- Personalize user experience and networking opportunities
- Communicate updates, service changes, or marketing materials (with consent)
- Monitor, analyze, and improve platform performance
- Comply with legal obligations and regulatory requirements
3. Legal Basis for Processing (For GDPR Compliance)
- We process personal data under the following legal bases:
- Consent: When you voluntarily provide information or opt into services
- Contractual Necessity: To provide the services you have requested
- Legitimate Interest: To improve security, enhance platform functionality, and communicate updates
- Legal Obligation: When required by law or regulatory authorities
4. Information Sharing and Disclosure
- We do not sell personal information. We may share data with:
- Trusted Third-Party Service Providers: For hosting, analytics, and operational support
- Regulatory Authorities or Law Enforcement: When legally required
- Other Users within Your B2B Zone: Strictly for collaboration purposes
- Business Transfers: In case of mergers, acquisitions, or asset sales
5. Data Security
- We implement robust security measures, including:
- Encryption protocols for data storage and transmission
- Access controls and multi-factor authentication
- Regular security audits and threat monitoring
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While we take extensive measures to protect your data, no system is entirely secure, and we cannot guarantee absolute protection against cyber threats.
5. Data Security
- We implement robust security measures, including:
- Encryption protocols for data storage and transmission
- Access controls and multi-factor authentication
- Regular security audits and threat monitoring
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While we take extensive measures to protect your data, no system is entirely secure, and we cannot guarantee absolute protection against cyber threats.
6. Data Retention
- We retain your personal data only for as long as necessary to:
- Provide services to you
- Fulfill legal, regulatory, or contractual obligations
- Resolve disputes and enforce our agreements
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Data retention periods may vary depending on the type of data and applicable legal requirements.
7. Cross-Border Data Transfers
- As a global platform, we may store or process data in multiple countries. When transferring data internationally, we ensure compliance with applicable data protection laws, including:
- Standard Contractual Clauses (SCCs) for GDPR Compliance
- Adequate Protection Measures for UAE and Other Jurisdictions
8. Your Data Rights
- Depending on your location, you may have the following rights:
- Access: Request a copy of your personal data
- Correction: Update inaccurate or incomplete information
- Deletion: Request the removal of your data (subject to legal exceptions)
- Restriction: Limit how your data is processed
- Objection: Opt out of certain processing activities
- Data Portability: Request transfer of your data to another provider
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To exercise your rights, contact us at corporate@verchool.com. We will respond to requests within the legally required timeframe.
9. Third-Party Links and Integrations
Our platform may contain links to third-party websites or integrate with external services. We are not responsible for their privacy practices and encourage users to review their policies before engaging with third-party services.
10. Data Breach Response
- In the event of a data breach, we will:
- Investigate the incident and mitigate risks
- Notify affected users and regulatory authorities as required by law
- Take corrective actions to prevent future breaches
11. Changes to This Policy
We may update this Privacy Policy periodically. Any significant changes will be communicated via our platform or email. Continued use of our services constitutes acceptance of the updated policy.
12. Contact Us
If you have any questions about this Privacy Policy or our data practices, please contact us at:
- Email: corporate@verchool.com
- Address: Gate Avenue, DIFC Innovation Hub, Level 1, Dubai International Financial Centre, Dubai, 359547, UAE By using Verchool’s services, you acknowledge that you have read, understood, and agreed to this Privacy Policy.
Last Updated: March 2025
