Privacy

How does Keyring protect my privacy?

As a compliance technology solution, Keyring is required to process and store sensitive information (including Personal Identifiable Information, “PII”) from individual and business users. As such, we strive to operate at the highest standard of security and privacy. Any data that is held, even temporarily, is managed by trusted custodians. These service providers adhere to stringent requirements, ensuring your information is handled responsibly and securely.

It's also imperative to ensure that compliance checks are conducted without leaving sensitive data breadcrumbs across the network. Through the use of cryptographic tools like Zero-Knowledge Proofs (ZKPs), it is possible to significantly reduce the risk of sensitive data exposure while ensuring robust data security. This involves (i) conducting compliance checks off-chain to prevent data leakage, and (ii) ensuring that only the necessary information is visible to the relevant parties for compliance and transaction monitoring, without evidently tracing it back to the original data.

Our solution leverages ZKPs, which allow a party, known as the prover, to demonstrate to another party, called the verifier, that they possess a certain piece of information or that a certain statement is true, without revealing any details about the information itself. We use ZKPs to attest to compliance status, in a modular and verifiable way. Users can prove they comply with a set of rules instead of having to expose their sensitive information to everyone, with all the risks entailed (doxing, hacking, data exploitation). For more information see:

Data StorageAccess Control

How does Keyring make money?

Keyring has a strict policy against selling user data. The privacy of your information is a priority for us, and our business model does not rely on selling user data.