A quick note on GDPR

Unless you’ve been living under a rock for the last month you will have seen Mark Zuckerberg sit in front of US Congress. The issue he was asked to discuss focused on Facebook’s user privacy and the use of users’ data without their consent. The TokenCard product will be Global in its ambition, this means we are aiming for the highest bars in every field.

Currently, in data protection and user privacy, the EU’s GDPR is the highest bar. We are building our policies and procedures on user privacy to the highest level, decentralised wallets mean you control your tokens, we want to make sure you can control your data too. If you are an EU citizen GDPR gives you the rights to your personal data.

We’re aiming high and using the principles of Privacy by design. With a focus on fair and lawful processing, purpose limitation, data minimisation and data retention.

Finally, learn about the self-sovereign identity projects on the Ethereum ecosystem such as uport.me and support them, we will be and hope to have news on that in the future.

- Ben Whitby, Risk and Compliance Director.

New trusted Banking Partner

Token has opened a banking arrangement with a prestigious European bank. The bank in question also provides banking services to some of the most notable companies in the crypto space. This is a large commercial win for Token and we mean to keep this success discreet.