Data Protection & Compliance
Last updated: October 2026 • Addis Ababa, Ethiopia
1. Introduction
At Vyllion Technologies PLC ("Vyllion", "we", "our", or "us"), we are committed to protecting the privacy and security of personal and transaction data. This policy outlines how our digital escrow platform processes data in compliance with the General Data Protection Regulation (GDPR) and the Ethiopian financial data protection framework.
2. Escrow Data Architecture
In the context of the Vyllion digital escrow platform, we process transaction and identity verification data strictly to authenticate transacting parties, verify milestone delivery conditions, and execute secure commercial bank payouts.
3. Categories of Data Processed
Vyllion processes only the minimum data necessary to guarantee escrow execution:
- Identity & KYC Records: Verified party names, phone numbers, business credentials, and KYC tokens required under National Bank of Ethiopia anti-fraud directives.
- Custody & Settlement Data: Segregated commercial bank account identifiers, milestone amounts, and transaction release triggers.
- Verification Logs: Cryptographic timestamps of deal creation, fund deposit, inspection approvals, and dispute submissions.
4. Data Subject Rights
Under GDPR principles and applicable local regulations, users maintain the right to:
- Request access to personal data and escrow transaction histories.
- Request rectification of inaccurate account details.
- Request erasure of non-financial records, subject to mandatory banking and anti-money laundering retention laws.
- Request data portability for transaction logs.
5. Institutional Security Measures
Vyllion employs rigorous security controls to ensure data protection by design:
- End-to-end encryption for all web and API data in transit (TLS 1.3).
- AES-256 encryption at rest for sensitive transaction data.
- Immutable cryptographic audit trails tracking every escrow status transition.
- Multi-signature release authorization for high-value deal disbursements.
6. Contact Information
For inquiries regarding data protection and regulatory compliance, please contact our Compliance Team at:
Vyllion Technologies PLC
Addis Ababa, Ethiopia
Email: compliance@vyllion.com / contact@vyllion.com