Terms & Conditions

Terms and Conditions

for ShareRing Holding Ltd​

ShareRing Holding Ltd

Platform Terms & Conditions (Effective from 11 Dec 2024)
It is important that you read carefully and understand these Terms as they contain important information about your legal rights and obligations.By accessing or using our Platform (defined below), you agree to comply with and be bound by these Terms. If you accept these terms on behalf of your organisation or other third party, then you represent that you have the authority to bind such organisation or third party to these Terms. These Terms & Conditions (“Terms”) are a legally binding agreement (“Agreement“) between you and ShareRing Pty Ltd (ACN 682 952 585) (“ShareRing”, “we”, “us”), governing your access to and use of:

  • our products (including our websites, our smart device applications, and APIs), which include the products known as “ShareRing Me” and “ShareRing Link”, and any other products that we may add to our product suite from time to time; and 
  • all associated services provided by us to you (“ShareRing Services“). 
Our products and services are collectively referred to in these Terms as the “ShareRing Platform” or “Platform”.If you have a bespoke agreement in place with ShareRing or any of our related companies for the provision of products or services, those bespoke terms will take precedence to the extent of any conflict or inconsistency with these Terms. We collect and handle your personal information in accordance with our Privacy Policy. Our Privacy Policy can be found at https://sharering.network/privacy-policyThe definition of capitalised terms can be found at the end of this document. A reference to “you” or “your” in these Terms is a reference to a natural person or an organisation or third party, as the context requires. 
  • Terms applicable to ShareRing Me

  • Who needs to sign up as a ShareRing Me User?

To access the ShareRing Platform to use any of our products or services (including ShareRing Link or ShareRing Pro), you’ll need to sign up as a User of ShareRing Me. You will use ShareRing Me under a different User Account type, depending on whether you access ShareRing Me on your own behalf for personal purposes or on behalf of another person or legal entity for business/work purposes. 
  • Signing up as a ShareRing Me User 

You must download the ShareRing Me app and sign up for a User Account by providing your name and contact details (such as email address). Each User will then receive a blockchain token – this is the unique identifier for your User Account (for Users of ShareRing Pro, please note that this is not the same as your ShareRing wallet public address). As soon as you do this, you will have a Digital Identity. Users can then choose to enhance their Digital Identity by adding other verified or non-verified attributes. These attributes will be classified according to their Verification Category. 
  • Verification Categories

All ShareRing Me Users with have attributes of their Digital Identity classified into one of three Verification Categories, depending on the type of document/s uploaded by the ShareRing Me User. The Verification Categories are as follows: 
  1. ShareRing Verified – this is the highest level of verification available on the ShareRing Platform. The accepted NFC documents will vary from country to country and our authenticity tests and matching processes will also vary from country to country. Typically, this will require the User to:
    1. have uploaded an accepted NFC document via an NFC reader;  
    2. scanned the NFC document via OCR; 
    3. passed our required authenticity test/s (such as facial liveness detection tests and photo matching verification); and
    4. passed other verification matching processes.
  2. ShareRing Checked – this is the second highest level of verification available on the ShareRing Platform. The accepted NFC documents will vary from country to country and our authenticity tests and matching processes will also vary from country to country. Typically, this will require the User to:
    1. scanned an accepted non-NFC document via OCR; 
    2. passed our required authenticity test/s (such as facial liveness detection tests and photo matching verification); and
    3. have received a positive outcome based on a match amongst the authenticity test/s and the photo in the document.  
  3. User Added – this is the lowest Verification Category available on the ShareRing Platform. Attributes of Digital Identity that are classified as User Added have not been verified or cross-checked against any document.
  • You are in control of your Personal Content 

You have complete self-sovereignty over your Personal Content on the ShareRing Platform. By this, we mean that you are the only person in control of your Personal Content and you choose what parts of your Personal Content (if any) that you share with another person. While your Personal Content is associated in a tokenised form (using cryptographic measures on our blockchain) with your User Account, the content itself is only ever stored in your Vault (that’s the part of the ShareRing Me app that stores your data locally on the internal storage of your personal device).  In other words, your Personal Content itself is always stored “off-chain” by you on your personal device and not by us. Any information you add to your Vault is encrypted and cryptographically linked to your User Account in a tokenised form – think of it like a proxy for the actual information. You are the only person with the encryption key, so only you can unlock and view the information in your Vault. Each time you share any Personal Content with another person via the ShareRing Platform, you will be required to explicitly confirm your consent via the ShareRing Me app and you will be able to choose whether you share only the tokenised version (for example, a confirmation that your age has been verified as over 18) or the actual information (for example, your passport which shows your actual age).  None of your Personal Content is ever collected or stored by ShareRing on any ShareRing cloud server or central database. (ShareRing only collects your Account Opening Information and we handle your Account Opening Information in accordance with our Privacy Policy).  Self-sovereignty over your Personal Content means that there are some important things to be aware of, including: 
  • Third parties will be bound by their own privacy obligations
All information you share via the ShareRing Platform with a third party is provided directly by you (and not by ShareRing) to that Provider. Once you share any personal data with a third party (such as a LINK Client), they may collect, store, further disclose and use your personal data for the purposes set out in their own privacy policies. Third parties may also be subject to different privacy laws and regulations. You should exercise your own judgment (including checking a third party’s privacy policy) before choosing to share your information with any third party. We are not in control of any third parties that you choose to share your information with, nor do we endorse any third parties using ShareRing. 
  • You have sole custody (and sole responsibility) for your Personal Content
All of your Personal Content is stored locally in your Vault on your personal device. That means that you are the only person responsible for ensuring that its storage is safe and secure. For example:
  1. if you lose your personal device, you will have lost the copy of your Personal Content stored on that device (although access to the actual information will remain encrypted and protected so that a third party without your encryption key cannot view or access the information);
  2. if you allow any other person have access to your personal device and to know your encryption key, that other person will also be able to access your Personal Content. 
It is possible to create encrypted back-up copies of the Personal Content stored in your Vault. These back-up copies will also be self-sovereign, and therefore it is your responsibility to ensure those back-up copies (and your encryption keys to those back-up copies) are also kept securely by you. 
  • ShareRing is a platform facilitator only

If you choose to share your Digital Identity with a third party via the ShareRing Platform, you acknowledge and agree that you are entering into a contract directly with that third party (and sharing your information directly with that third party) and that the ShareRing Platform is merely the technology that makes this sharing possible. You acknowledge and agree that  ShareRing is not and does not become a party to, or other participant in, any contractual relationship between you and the relevant third party. 
  • Terms applicable to ShareRing Link 
  • Signing up as a LINK Client 
ShareRing Link is a portal through which businesses can create a QR code to request their customers to share their Digital Identity via the ShareRing Platform. In order to become a LINK Client, you must:
  1. sign up as a ShareRing Me User using your business contact details;
  2. use that User Account to apply for a LINK Account (that User Account will automatically be associated with that LINK Account and designated as an Authorised User Account of that LINK Account); and
  3. subscribe to a ShareRing Link plan at https://sharering.network/pricing/. 
  • Inviting Authorised Users to your LINK Account

You can invite multiple staff to become Authorised Users and to have access to your LINK Account by following the directions on our website. You can designate different levels of administrative authority to different Authorised Users. 

Each Authorised User will be required to first download the ShareRing Me app and sign up as a ShareRing Me User (using their business contact details) before they will be able to be designated as an Authorised User of your LINK Account.

  • Subscription options

ShareRing offers paid subscriptions to use ShareRing Link, with the Subscription Fees as set out from time to time on https://sharering.network/pricing/. We reserve the right to vary and update our Subscription Fees at our sole discretion. We will provide you with reasonable notice of any such variation and update, and such variation and update will be effective at the commencement of your next and subsequent billing cycles. Subscriptions will automatically renew on the first day of the next billing cycle unless you cancel your subscription at least 24 hours before the first day of the next billing cycle. If you cancel your subscription prior to the end of your current billing cycle, you will still be able to access ShareRing Link under your subscription until the last day of your current billing cycle. For the avoidance of doubt, no refunds will be provided for any unused portions of your subscription if you cancel prior to the end of your current billing cycle. No refunds will be provided if you cancel your subscription at any time, or if your access to the ShareRing Platform and/or your ShareRing Link subscription is terminated by us in accordance with these Terms. If we do not receive timely payment of the Subscription Fees from you for any reason, we may immediately suspend or cancel your access to ShareRing Link and/or your subscription until such payment is received by us.  If you subscribe to ShareRing Link directly, you will need to follow the instructions on the ShareRing Link sign-up process to provide us with your billing contact, billing details and authorise us to debit regular payments using Stripe (or another payment processing platform acceptable to us). If you subscribe to ShareRing Link via a third party reseller (such as Google Marketplace), your payment terms and obligations will be set out in your agreement with the relevant reseller. Notwithstanding payment by you to the reseller, ShareRing reserves the right to suspend or cancel your access to ShareRing Link if Share Ring does not receive timely payment for your subscription from the relevant reseller. All other provisions in these Terms shall continue to apply to you. 
  • ‍Transaction fees

In addition to Subscription Fees, ShareRing will charge Transaction Fees (set out from time to time on https://sharering.network/pricing/) to LINK Clients for each Successful Transaction. A “Successful Transaction” occurs when a User scans a LINK Client’s QR code and successfully receives the requested information from the User. We reserve the right to vary and update our Transaction Fees at our sole discretion. We will provide you with reasonable notice of any such variation and update before such variation and update becomes effective. All Transaction Fees are non-refundable and will be payable in arrears at the end of each month and debited automatically using the same payment method used to pay Subscription Fees.
  • LINK Client is solely responsible for its own data collection, storage and processing 

You acknowledge and agree that ShareRing Link merely provides a way for you to receive information about your customers, directly from your customers. Your customers must in turn be Users of ShareRing Me in order to share information about themselves with you via the ShareRing Platform. We do not collect or store any information on your behalf, nor do we act as a data storage or back-up service provider.  All information requested by or on behalf of you, as a LINK Client, will be directly pushed to your external database of choice (such as your CRM system). You must connect your database using our API. We are not responsible for any data in your control (such as the data stored on your CRM system) and you are responsible for ensuring your data is stored and handled in a safe and secure manner.You acknowledge that you are the data controller of data collected by you from your customers via ShareRing Link. You must comply at all times with all applicable laws, including Data Protection Laws. This includes, for example, ensuring that you have obtained consent to collect and process personal data (or have another lawful basis to collect and process an individual’s personal data). If you access a LINK Account as an Authorised User, you acknowledge and agree that the data that you collect, process or otherwise access is owned by the LINK Client and that the LINK Client retains control over that data. 
  • LINK Client is solely responsible for its own Authorised Users

You are solely responsible for your Authorised Users and their acts or omissions in connection with your LINK Account, including submitting content or information via the LINK Account, interacting with other Users using your LINK Account (such as soliciting personal data from other Users) or any other act or omission done by your Authorised Users in connection with your LINK Account. 
  • ShareRing is a platform facilitator only

You acknowledge and agree that when you interact with a User to access any Personal Content, the ShareRing Platform is merely the technology that makes the sharing of a User’s Personal Content possible. You acknowledge and agree that ShareRing is not and does not become a party to, or other participant in, any contractual relationship between you and the relevant third party. 
  • LINK Client responsible for their use 

LINK Clients need to make their own assessment of whether a User’s Digital Identity (and the level of verification associated with that Digital Identity) is suitable for their business. ShareRing is not responsible for ensuring that its products or services meet your requirements or are fit for a particular purpose.While we will endeavour to check a User’s Digital Identity by confirming whether the information provided by the User meets the requirements of a particular Verification Category, this process can only provide LINK Clients with a degree of trust that a piece of information meets the requirements of a particular Verification Category. Any references to a User being “verified” (or similar language) only indicates that the User has submitted, uploaded or otherwise caused to be associated with their User Account documents and other information that meet the criteria set out for that Verification Category. Any such description is not an endorsement, certification or guarantee by ShareRing about any User or their identity or whether the User or their Digital Identity is trustworthy, safe or suitable. Accordingly, LINK Clients acknowledge and agree that:
  1. ShareRing does not endorse any User or Personal Content or Digital Identity;
  2. ShareRing is reliant on the information supplied by each User. All Users are third parties and we do not control and cannot guarantee the actions of any Users; 
  3. verification of Digital Identity (subject to the various Verification Categories) is dependent on the use of third party databases (including government databases) for cross-referencing the information provided and we do not control and cannot guarantee the veracity of information on such third party databases; and 
  4. ShareRing has no control over, no liability for and does not guarantee or warrant:
    1. the existence, quality, safety, suitability, reliability or legality of any Digital Identities, or that a Digital Identity is fit for any particular purpose; 
    2. the truth or accuracy of any descriptions of any Digital Identities; or 
    3. the performance or conduct of any User or third party (including whether an individual User has maintained appropriate security practices, such as not sharing their credentials with any other party).

Indemnity provided by LINK Clients

If you are a LINK Client, you agree to indemnify, defend, and hold harmless us, our officers, directors, employees, agents and our related companies from and against any and all claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees, arising out of or in connection with:
  1. your use of ShareRing Link and the information you collect or access via ShareRing Link in a manner that is inconsistent with this Agreement;

  2. your breach of these Terms;

  3. your breach of applicable law, including Data Protection Laws;

  4. any act or omission of your Authorised Users;

  5. any data breach or other data incident in connection with your handling of any data in connection with this Agreement; 

  6. any dispute between you and another User; and/or

  7. your negligent, reckless or wrongful acts or omissions.

  • Terms applicable to ShareRing pro
Currently, only the Digital Identity features of ShareRing Pro are available. You can sign up, access and use the Digital Identity features of ShareRing Pro in the same way as you can sign up, access and use ShareRing Me. For the purposes of ShareRing Pro, all terms set out in section 1 of these Terms (and relevant definitions, as the context requires) are to apply to ShareRing Pro as if references to “ShareRing Me” in section 1 were references to “ShareRing Pro” instead.You acknowledge and agree that as additional features of ShareRing Pro are made available, additional terms and conditions will apply, as published from time to time on ShareRing’s website.
  • PRODUCT-SPECIFIC TERMS

Your use of other products and services may be subject to additional product-specific and service-specific terms, as published from time to time on ShareRing’s website. 

General Terms

  • Independent parties

Your relationship with ShareRing (whether as a LINK Client or as a User) is as an independent third party. No employment, joint venture, partnership, employment, or agency relationship exists between you and ShareRing under these Terms or as a result of your use of the ShareRing Platform.
  1. Third Party Services 

Although we may, from time to time, display third party materials or links to third party websites on the ShareRing Platform or in our emails and other communications with you:
  1. we do not endorse any such third party materials, websites, products or services;

  2. third party materials, websites, products or services are subject to the terms, conditions and privacy practices of those third parties;

  3. we have no control over third party materials, websites, products or services and we are not responsible or liable in connection with such third party materials, websites, products or services. 

For clarity, a third party is any party that is not under common control with ShareRing [, including historical entities such as ShareRing Holding Limited (Reg. No C85571, registered in Malta), ShareRing Limited (Reg. No C85572, registered in Malta), ShareRing HK Limited (Company No. 2693717, registered in Hong Kong), ShareRing Australia Pty Ltd (ABN 76 626 629 963, registered in Australia), SHR Ring – Thailand Ltd (TIN 015562192429, registered in Thailand), ShareRing Pte Limited (UEN 2022219339H, registered in Singapore), ShareRing UK Limited (Company No 11401014, registered in UK) and ShareRing MENA DMCC (DMCC195917, registered in Dubai).]
  • No guarantee of availability or internet security

The internet is inherently insecure and unstable. As such:
  1. we can’t guarantee continuous and uninterrupted availability of the ShareRing Platform; and

  2. we won’t be liable for incidents arising out of third party acts or omissions or out of events that are outside of our reasonable control, such as events arising in connection with your internet connection. 

In addition, we may need to restrict or suspend access to some or all parts of the ShareRing Platform from time to time, in view of our capacity limits, the security or integrity of our servers, to carry out maintenance or improvement measures or if your use of the ShareRing Platform poses a potential security or legal risk to us or other Users. We will not be liable if, for any reason, the ShareRing Platform is unavailable at any time or for any period. 
  • Our right to make changes to the Sharing Platform

We reserve the right to change the ShareRing Platform from time to time without notice. This includes improvements, enhancements and the introduction of new features, functionalities, products and services from time to time. This also includes the withdrawal, deprecation, phasing out of features, functionalities, products and services from time to time.
  • Your warranties to us

You warrant and represent that, as at the date you agree to these Terms and on a continuing basis:
  1. if you are an individual:

    1. you are at least 18 years old and legally able to enter into legally binding and enforceable contracts;

    2. you are not the subject of an Insolvency Event;

    3. these Terms constitute a legal, valid and binding obligation on you; and

    4. to the best of your knowledge, there are no actions, claims, proceedings or investigations pending or threatened against you which could have a material effect upon the subject matter of these Terms.

  2. if you are acting on behalf of an entity:

    1. your agreement to these Terms has been properly authorised by all necessary corporate or other action;

    2. the entity on behalf of which you are acting has full corporate or statutory power and authority to agree to these Terms and perform or cause to be performed its obligations under these Terms;

    3. the entity on behalf of which you are acting is not the subject of an Insolvency Event; 

    4. these Terms constitute a legal, valid and binding obligation on the entity on behalf of which you are acting;

    5. these Terms do not conflict with, or result in the breach of, or default under, the provision of any constituent documents or any material term or provision of any agreement or deed or any writ, order or injunction, judgment, law, rule or regulation to which the entity on behalf of which you are acting is a party or is subject or by which it is bound; and 

    6. to the best of your knowledge, there are no actions, claims, proceedings or investigations pending or threatened against the entity on behalf of which you are acting which could have a material effect upon the subject matter of these Terms.

  3. all of the information provided by you to us is true, complete and accurate;

  4. you (and the entity on behalf of which you are acting, as relevant) will comply at all times with all applicable laws; 

  5. you (and the entity on behalf of which you are acting, as relevant) will use all reasonable measures to keep all data of any User (whether belonging to you or another User) safe and secure;

  6. you (or the entity on behalf of which you are acting, as relevant) have all rights, licenses, consents and releases that are necessary to grant to ShareRing the rights in and to all data and materials that you make available to us to enable us to provide the ShareRing Platform to you in the way contemplated under these Terms or as otherwise necessary;

  7. you will not upload, post, publish, submit or transmit anything on or using the ShareRing Platform that is:

    1. fraudulent, false, misleading or deceptive; 

    2. defamatory or that infringes, misappropriates or violates any third party’s rights;

    3. obscene, pornographic, vulgar or offensive; or

    4. otherwise unlawful or that violates any ShareRing policy. 

  8. you (and the entity on behalf of which you are acting, as relevant) will not: 

    1. use the ShareRing Platform in a manner or for a purpose other than the manner and purpose contemplated in these Terms;

    2. use any improper or automated means or processes to obtain unauthorised access to or collection of any data;

    3. attempt to circumvent any technological measure implemented to protect the ShareRing Platform;

    4. attempt to reverse engineer the ShareRing Platform;

    5. export, re-export, import, or transfer any ShareRing product or service except as authorized by applicable law;

    6. interfere with the performance or proper functioning of the ShareRing Platform or another User’s access to or use of the ShareRing Platform.

  • Modification of these Terms

We reserve the right to modify these Terms at any time by posting the revised Terms on the ShareRing Platform. We will provide you with reasonable notice of the modifications before they become effective. If you disagree with the revised Terms, you must terminate your use of the ShareRing Platform. If you continue to use the ShareRing Platform after the revised Terms become effective, you will be taken to have accepted the revised Terms.
  • Access credentials

You are responsible for maintaining the confidentiality and security of your User Account credentials. You must not share your User Account credentials with any other person. You are responsible for all activities conducted using your User Account.
  • Intellectual Property

The ShareRing Platform and content available on or through the ShareRing Platform may be protected by intellectual property rights around the world. As between you and us, the ShareRing Platform and all content made available by us to you remains the exclusive property of ShareRing. Any content made available by another User to you is subject to any terms you agree with such User. You must not remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the ShareRing Platform or any content available via the ShareRing Platform. 
  • Licences granted by you to ShareRing

You grant to ShareRing a non-exclusive, worldwide, royalty-free, irrevocable, perpetual, sub-licensable and transferable license to use, reproduce, make derivative works of, distribute, publish, transmit, stream, broadcast, and otherwise exploit any and all data and materials that you make available to us via the ShareRing Platform for the purpose of providing the ShareRing Platform to you and other Users and to promote the ShareRing Platform.
  • Licences and access rights granted by ShareRing to you

Subject to your compliance with these Terms, you are granted a limited, non-exclusive, non-sublicensable, revocable, non-transferable right and/or licence (as applicable) to download, access and/or use the ShareRing Platform (or a component thereof) and any content made available on or through the ShareRing Platform and accessible to you, for your personal, non-commercial purposes only (in the case of a User of a Personal Account) or for your internal business purposes only (in the case of a LINK Client or an Authorised User). We may revoke or terminate your licence and/or access rights at any time for any reason. 
  • Feedback

We welcome your feedback and suggestions for improvements to the ShareRing Platform. You may submit feedback by emailing us at product@sharering.network. Any feedback you submit to us will be considered non-confidential and non-proprietary to you. By submitting feedback to us, you grant us a non-exclusive, worldwide, royalty-free, irrevocable, sub-licensable, perpetual license to use those ideas and materials for any purpose, without compensation to you.
  • Taxes

You are solely responsible for payment of all taxes (including GST, VAT and similar taxes) and fees (including bank fees) applicable to your use of ShareRing. 
  • Termination and suspension 

    1. Termination for Convenience
In relation to Personal Accounts, you or we may terminate this agreement for convenience at any time.In relation to LINK Accounts and Authorised User Accounts, neither party may terminate this agreement for convenience.  
  1. Termination by ShareRing for cause
We may immediately, without notice, terminate this agreement and/or suspend your access to the ShareRing Platform if: 
  1. you have breached these Terms;
  2. you have, or we have grounds to suspect that you have, violated any applicable laws or third party rights; 
  3. we have grounds to believe that termination is necessary to protect the safety or property of ShareRing, other Users, or third parties;
  4. you have, we have grounds to suspect that you have, provided inaccurate, fraudulent, outdated or incomplete information in connection with your use of the ShareRing Platform; 
  5. we believe that you have damaged in any way the reputation of ShareRing; or
  6. you are subject to an Insolvency Event. 
  1. User has no right to restoration of User Account
If your User Account is cancelled or terminated for any reason, you are not entitled to a restoration of your User Account or any of your content. If your access to or use of the ShareRing Platform has been limited, or your User Account has been suspended or cancelled by us, you may not register a new User Account.
  1. Effect of termination or expiry
If you or we terminate this agreement or if our agreement comes to a natural expiry (for example, because your ShareRing Link subscription has ended):
  1. the clauses of these Terms that, by their nature, should survive termination or expiry will remain in effect; and
  2. in addition to any other rights, powers or remedies at law or in equity, each party retains the rights it has against the other party in connection with any cause of action that has arisen on or before termination.
  • ShareRing disclaimers

    1. ShareRing Platform provided “as is”
The ShareRing Platform and all content available via the ShareRing Platform is provided “as is”. We disclaim all guarantees and warranties of any kind, either express or implied, including any warranty of merchantability, fitness for any particular purpose, non-infringement, availability, accuracy, completeness or truthfulness. 
  1. No reliance placed upon ShareRing
You agree that you have had whatever opportunity you deem necessary to investigate the ShareRing Platform, and any and all laws, rules, or regulations that may be applicable to your use of the ShareRing Platform and that you are not relying upon any statement of law or fact or other representation, warranty or communication made by ShareRing in entering into these Terms or otherwise in connection with your use of the ShareRing Platform.
  1. Assumption of own risk in dealing with us and third parties 
You assume full responsibility and associated risk for the choices you make before, during and after you enter into any contract with us or any other party, or any other interaction that you have with any other party, in connection with your use of the ShareRing Platform. 
  1. Disclaimers apply to extent permitted by law
All disclaimers in these Terms, including those in this section, apply to the maximum extent permitted by applicable law. You may have other non-excludable statutory rights in your jurisdiction (for example, in Australia, you may have the benefit of non-excludable consumer guarantees). However, such non-excludable statutory rights and warranties, if any, shall be limited to the maximum extent permitted by applicable law. 
  • Liability

      1. Subject to any jurisdiction-specific provisions set out in these Terms and subject to applicable law, you agree that the maximum liability that ShareRing has to you whether in tort, contract, at law or in equity or pursuant to any contravention of any statutory obligation is limited to USD one hundred dollars (USD $100.00).

      2. Neither ShareRing nor any other entity within ShareRing’s corporate group will be liable for any incidental, special, exemplary or consequential damages or any lost profits, loss of business, loss of data, loss of goodwill, service interruption, computer damage or system failure or the cost of substitute products or services, or for any damages for personal or bodily injury or emotional distress, arising out of or in connection with these Terms or the use of or inability to use the ShareRing Platform, irrespective of whether such damages were foreseeable or ShareRing was informed of the possibility of such damage or whether based on contract, tort (including negligence), equity, restitution, statute or any other legal theory, and even if a limited remedy set forth herein is found to have failed of its essential purpose. 

      3. Some jurisdictions do not allow the exclusion or limitation of certain types of liability (including consequential or incidental damages), and nothing in these Terms is intended to exclude or limit liability to the extent not permitted by applicable law. Otherwise, the limitations of liability set out in these Terms apply to the fullest extent permitted by applicable law.  

  • Indemnification and release

Without limiting any other indemnities in these Terms, you agree to release, indemnify, defend, and hold harmless us, our officers, directors, employees, agents and our related companies from and against any and all claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees, arising out of or in connection with:
  1. your breach of these Terms;
  2. your breach of applicable law, including Data Protection Laws;
  3. your use of, or conduct in connection with, the ShareRing Platform in a manner that is inconsistent with this Agreement;
  4. your interaction with or communication with or any dispute between you and another User;
  5. your negligent, reckless or wrongful acts or omissions; or
  6. your violation of any third party’s rights.
  • Applicable Law and Jurisdiction

These Terms will be governed by the laws of Victoria, Australia without regard to conflicts of laws provisions. The United Nations Convention on the International Sale of Goods does not apply to this agreement.Any dispute, controversy or claim arising out of, relating to or in connection with this agreement, including any questions regarding its existence, validity or termination, shall be resolved by arbitration in accordance with the ACICA Expedited Arbitration Rules. The seat of arbitration shall be Melbourne, Australia. The language of the arbitration shall be English. Nothing in these Terms prevents ShareRing from commencing court proceedings in connection with a breach of intellectual property rights by you or where injunctive relief is being sought under such proceedings. Nothing in these Terms affects ShareRing’s right to suspend your access to the ShareRing Platform in accordance with these Terms.
  • Severance

If any provision of these Terms is found to be void, invalid or otherwise unenforceable in any jurisdiction, such provision will be read down or severed in that jurisdiction to the extent of the invalidity or unenforceability without affecting the validity or enforceability of the remaining provisions. Any reading down or severing of a provision in one jurisdiction will not affect the validity or enforceability of that provision in another jurisdiction.
  • No Waiver

No failure or delay by either party in exercising any right under these Terms, will constitute a waiver of that right. No waiver under these Terms will be effective unless made in writing and signed by an authorised representative of the party being deemed to have granted the waiver.
  • No Assignment

You may not assign or transfer this agreement in whole or in part without our prior written consent. ShareRing may assign or transfer this agreement in whole or in part at its sole discretion. 
  • Notices

We will send any notices to you (including legal notices) electronically to an email address that you have provided to us. The date of receipt of such notices will be deemed to be the date on which we transmit the notice. You may send legal notices to us via email to [insert a well-monitored ShareRing email address for receiving legal notices]. All such notices must be in legible writing and in English. For legal notices sent by you to us, the notice will be deemed received on the date and time sent received by us (as recorded on the device on which we receive the email).
  • Rights cumulative

The rights, remedies and powers of the parties under these Terms are cumulative and not exclusive of any rights, remedies or powers provided to the parties by law.
  • Entire Agreement

Except as they may be supplemented by additional terms and conditions, policies, guidelines or standards of ShareRing, these Terms constitute the entire agreement between ShareRing and you pertaining to the subject matter of these Terms and supersede any and all prior oral or written understandings, agreements, representations, negotiations or other arrangements between ShareRing and you in relation to the access to and use of the ShareRing Platform.
  • Definitions and Interpretation
Capitalised terms have the meaning given to them in the body of these Terms Agreement or as set out in this section. Account Opening Information means the information that ShareRing must collect in order to set up a User Account – typically, this is limited to your name and contact details.Authorised User Account means a User Account of an Authorised User.Authorised User means any authorised individual user of a LINK Account. For clarity, if a company or other legal entity has invited you to access their LINK Account (for example, because you are an employee of that company or legal entity), then you are an Authorised User of their LINK Account.Data Protection Laws means the data protection laws of any jurisdiction applicable to ShareRing.Digital Identity means a digitized version of an individual’s identity and can include basic attributes such as name and contact details, as well as enhanced information on genetics, biometrics, nationality, personal interests, ownership or other information used for the identification and/or verification of an individual’s identity. A reference to Digital Identity in these Terms is a reference to all attributes or any number of specific attributes that form a component of a Digital Identity.Insolvency Event means any event where a party (whether a natural person or a legal entity, as the case may be):
  1. seeks protection under a bankruptcy, receivership, liquidation, administration, trust deed, creditors’ arrangement, composition or comparable proceeding, or if any such proceeding is instituted against a party and not dismissed within 60 days;

  2. stops or suspends, or threatens to stop or suspend, the payment of all or a class of the person’s debts;

  3. is unable to pay all of the person’s debts as they fall due;

  4. dies, is imprisoned, becomes incapable of managing their own affairs; or

  5. ceases operation without a successor. 

LINK Account means a business account set up for a LINK Client to use ShareRing Link for business purposes. LINK Client means an entity or person that uses ShareRing Link on their own behalf for their own business purposes. For clarity, in the case of an individual that accepts these terms on behalf of a company or other legal entity, the LINK Client means the company or other legal entity on behalf of which such individual is acting (and the individual is merely an Authorised User, and not themselves the LINK Client). Personal Account means a User Account established by a User for their personal, non-business purposes. For clarity, if you access ShareRing Me on your own behalf, then you will have a Personal Account. (You may also have a separate Authorised User Account if you user ShareRing Link on behalf of a company or other legal entity). Personal Content means any content (including identification information, other personal information, photos, text or other content) that a User submits to or otherwise causes to be associated with their Personal Account (but excludes Account Opening Information).ShareRing Content means any content (whether visual, audio visual, text or otherwise) that has been developed by or on behalf of ShareRing, or has been licensed to, or authorised for use by or through, ShareRing from a third party. Subscription Fee means the regular subscription fee payable by a LINK Client to ShareRing to use ShareRing Link, as set out and updated from time to time at https://sharering.network/pricing/or (if you have a bespoke agreement with us) as otherwise agreed in writing with you.Transaction Fee means the fee per transaction payable by a LINK Client to ShareRing, as set out and updated from time to time at https://sharering.network/pricing/or (if you have a bespoke agreement with us) as otherwise agreed in writing with you.User Account means a ShareRing Me account, designated to a specific User and which should only be accessed by the specific User by supplying the proper credentials for that User Account. For clarity, a User Account may be either a Personal Account or an Authorised User Account, but cannot be a LINK Account.

User means any natural person who uses the ShareRing Platform.

Vault means the part of the ShareRing Me app that stores your Personal Content locally on the internal storage of your personal device.Verification Category means the category of verification that a Digital Identity (or an attribute of it) has achieved according to the relevant criteria. There are three levels of Verification Categories, being ShareRing Verified, ShareRing Checked and User Added (as further described in these Terms).

 

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