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Crypto Exchange Uniswap Says It Collects Users' Public On-Chain Data
The development lab behind the decentralized exchange said personal identifiers are not collected.
Por Shaurya Malwa
Uniswap Labs, the development team behind the decentralized exchange Uniswap, said in a newly released privacy policy that it collects certain on-chain data from its users to continually make improvements to its product.
“We do want to make data-driven decisions that improve user experience,” Uniswap Labs said. “That includes public on-chain data and limited off-chain data like device type, browser version, etc.”
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Uniswap Labs said it doesn't collect personal data, such as first name, last name, street address, date of birth, email address or internet-protocol address.
The Monday post – which was apparently scheduled for a Tuesday release was deleted at publishing time – but is accessible here.
In its privacy policy, Uniswap Labs stated it uses user data to improve services and products offered by the company, stop fraudulent or illegal activity, solve potential security issues such as bugs and even provide the collected information collected as needed or requested by regulators, government entities and law enforcement to comply with applicable laws and regulations.
The firm said it doesn't share user data with any third parties for marketing purposes.
Uniswap Labs collects, uses and shares data from users interacting with the Uniswap web app and www.uniswap.org – a front end managed and maintained by Uniswap Labs, a New York-based company.
This is different from Uniswap’s smart contracts – a decentralized service that exists on the Ethereum blockchain.
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