Privacy Policy

Read how Lucid collects, uses, stores, and protects personal and transaction data in accordance with applicable data protection laws.

Lucid is committed to protecting the privacy and personal information of its users. Our privacy practices are designed to ensure that personal data is handled responsibly, securely, and in compliance with applicable data protection laws.

This policy explains how Lucid collects, uses, stores, and protects information when users access the platform or participate in escrow transactions.

Information We May Collect

Lucid may collect certain information to provide and maintain platform services, including:

  • Personal identification details
  • Business information where applicable
  • Transaction information
  • Communication records
  • Technical and device data

Information is collected only where necessary to operate the platform effectively

How Information Is Used

Collected information may be used to:

  • Facilitate escrow transactions
  • Verify user identities
  • Improve platform functionality
  • Maintain security and compliance
  • Provide customer support

Lucid does not sell personal information to third parties.

Data Protection

Lucid employs security measures to protect user data, including:

  • Encryption technologies
  • Secure server infrastructure
  • Controlled access to sensitive information

These measures help safeguard data from unauthorised access or misuse.

Regulatory Compliance

In certain circumstances, Lucid may be required to share information with regulatory authorities, law enforcement agencies, or financial institutions to comply with applicable laws.

User Rights

Users may have rights regarding their personal data, including access, correction, or deletion requests where permitted by law.