At Avid Innovations, we recognize the heightened importance of privacy and security, especially given our engagement in government contracts, the integration of a crypto token, and our aspirations for a stock market listing. This Privacy and Security Policy is crafted to address the unique considerations associated with these aspects of our operations.

1. Data Collection and Usage:

a. Government Contracts: When involved in government contracts, Avid Innovations acknowledges the need for stringent data protection. Personal information collected during such projects is handled with the utmost confidentiality and is only shared with authorized government entities in compliance with contractual and legal obligations.

b. Crypto Token Transactions: Avid Innovations operates a crypto token within its ecosystem. We employ cutting-edge encryption and blockchain technologies to ensure the security of all token transactions. User wallet information and transaction data are protected using robust cryptographic measures.

2. Security Measures:

a. Government Standards: Avid Innovations aligns its security practices with government standards to meet the stringent requirements associated with government contracts. Our security protocols are designed to exceed industry norms and comply with relevant regulations.

b. Crypto Token Security: Security of our crypto token is of paramount importance. We implement multi-layered security measures, including cold storage for sensitive assets, regular security audits, and continuous monitoring for potential threats.

3. Data Retention:

a. Government Compliance: In adherence to government regulations, Avid Innovations ensures that data retention practices for government-related projects comply with specific contractual and legal requirements.

b. Token Transaction History: While blockchain transactions are inherently transparent, personal data associated with crypto token transactions is retained only for the necessary period and is subject to rigorous anonymization and encryption.

4. Third-Party Services:

a. Government Partners: In the course of government contracts, Avid Innovations may collaborate with government agencies and partners. These collaborations adhere to strict confidentiality and security standards, with third-party partners vetted for their commitment to compliance and security.

b. Crypto Exchanges: Avid Innovations may engage with cryptocurrency exchanges for token listings. We select exchanges based on their security practices and compliance with industry standards, ensuring the protection of our users’ assets.

5. Compliance with Laws and Stock Market Listing:

Avid Innovations is committed to compliance with all relevant laws and regulations, including those specific to government contracts, cryptocurrency, and securities. We maintain transparency and actively engage with regulatory authorities to ensure alignment with evolving legal requirements. As part of our commitment to a stock market listing, Avid Innovations is dedicated to transparency and accurate disclosure, adhering to regulatory standards for financial reporting and shareholder communication.

Contact Us:

If you have any inquiries or require further clarification regarding our privacy and security practices, including those specific to government contracts, crypto token transactions, or stock market listing preparations, please reach out to our Privacy Officer at privacy@avidinnovations.com.

Last Updated: 11/12/2023