Data Retention Policy
Effective Date: 28 November 2024
B2B HUB LTD ("we," "our," or "us") is committed to securely managing and retaining data in compliance with applicable regulations and industry best practices. This policy explains how we retain, manage, and securely store data, including the use of A-Registry, our blockchain-based cloud storage system, for tamper-proof, long-term preservation.
1. Purpose
This Data Retention Policy ensures:
Proper management of user and company data to meet legal, regulatory, and business requirements.
Secure and transparent data storage utilizing blockchain-based cloud solutions provided by A-Registry for tamper-proof integrity.
Efficient deletion or anonymization of data once retention periods expire.
2. Scope
This policy applies to:
User-generated documents and files uploaded through our platform.
Business records, agreements, and sensitive documents stored using A-Registry’s blockchain-based technology.
Any other data collected, processed, or maintained by B2B HUB LTD.
3. Data Storage and Security
3.1 A-Registry Storage Solution
Data is securely stored on A-Registry, a blockchain-based cloud storage system. This system ensures:Tamper-Proof Integrity: Documents and records are permanently stored with blockchain hashes, preventing unauthorized changes.
Redundancy: Data is distributed across the network for high availability and durability.
Transparency: Access logs and modifications are immutably recorded on the blockchain.
3.2 Data Encryption
All data stored in A-Registry is encrypted using advanced encryption protocols to prevent unauthorized access.
Access keys and user authentication are strictly managed to ensure only authorized personnel can retrieve or modify data.
3.3 Access Control
Role-based access ensures that only authorized users have permissions to view or manage specific data.
Unauthorized access attempts are automatically logged and flagged for review.
4. Retention Periods
4.1 Retention Timeframes
Business Records: Retained for a minimum of 7 years or as required by applicable legal and regulatory requirements.
User Documents and Agreements: Retained for the duration of the service agreement and an additional 2 years to facilitate future reference or legal inquiries.
Inactive Accounts: Data from inactive accounts will be retained for 2 years after inactivity, after which it will be securely archived or deleted.
4.2 Blockchain Data Longevity
Documents stored in A-Registry are immutable and designed for long-term retention. While traditional data may be deleted, blockchain-stored records will remain accessible in their final state.
5. Deletion and Anonymization
5.1 Deletion Requests
Users can request deletion of specific documents or personal data by contacting legal@b2bhub.ltd.
While standard data may be deleted, blockchain-based records will remain in their immutable form for audit and compliance purposes.
5.2 Anonymization
Where deletion is not feasible (e.g., blockchain records), personal identifiers may be anonymized to ensure data privacy.
6. Regulatory Compliance
6.1 GDPR and Local Regulations
This policy adheres to the General Data Protection Regulation (GDPR) and other applicable laws, ensuring compliance in data retention, access, and erasure rights.
6.2 Audit and Documentation
Data retention practices are regularly audited to ensure compliance with industry standards and legal obligations.
7. Updates to the Policy
This policy may be updated periodically to reflect changes in technology, regulatory requirements, or business practices. Updated versions will be posted on our website with the revised "Effective Date."
8. Contact Us
For questions, concerns, or to submit data deletion requests, please contact:
Email: legal@b2bhub.ltd
Phone: +44 7441 426009
Address: Dalton House, 60 Windsor Road, Merton Abbey, London, Greater London, SW19 2RR