👩‍🏫Compliance Framework

DecentraLink's compliance framework is designed to navigate the complex regulatory environment surrounding blockchain technology and data provision. Key components of this framework include:

• Data Privacy and Protection: Recognizing the importance of data privacy, DecentraLink implements stringent measures to comply with global data protection regulations, such as the General Data Protection Regulation (GDPR) in the European Union. This involves ensuring that personal data is processed transparently, securely, and only for legitimate purposes.

• Legality of Data Sources: DecentraLink rigorously evaluates the legality of its data sources, ensuring that all information provided through its Oracle network is sourced from compliant and reputable providers. This diligence helps prevent the dissemination of data that could be considered illegal or unethical.

• Smart Contract Compliance: Given the legal implications of smart contract execution, DecentraLink ensures that its Oracle services are designed to facilitate compliance with contractual obligations and regulatory standards. This includes providing accurate and timely data that smart contracts can rely on to execute legally binding agreements.

• Ongoing Regulatory Monitoring: DecentraLink commits to continuous monitoring of the regulatory landscape to adapt its compliance strategies as necessary. This proactive approach allows the network to remain compliant with new laws and regulations as they emerge.