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Pre-Launch · Filing seed · Series A — Q4 2026

Data protection practice

Personal data is infrastructure. Handle it like a utility.

Wavestar processes the minimum personal data needed to operate a clearing, settlement, and registry platform and no more. The practice is designed against GDPR (Regulation (EU) 2016/679), the California Consumer Privacy Act as amended by CPRA, the UK Data Protection Act 2018, and the FTC Health Breach Notification Rule where applicable. Data is minimised at collection, purpose- bound at storage, and encrypted in transit and at rest.
Primary regulations
GDPR · CPRA · UK DPA 2018
Data controller
Wavestar Holdings LLC
DPO
dpo@wavestar.space
Standard response
30 days (GDPR) · 45 days (CPRA)

Lawful basis

Every processing activity has a documented basis.

Under GDPR Article 6, every processing activity must rest on one of six lawful bases. Where special-category data is involved (Article 9), an additional basis is required. The following describes the bases Wavestar relies on, and when.

Article 6 lawful bases · by processing activity

Contract (Art. 6(1)(b))
Operator and member onboarding, provisioning did:orbit credentials, settlement, invoicing, and account management.

Primary basis for direct contractual processing with members.

Legal obligation (Art. 6(1)(c))
BSA/AML record-keeping, SAR filing, Travel Rule data retention, tax reporting, sanctions screening, and regulator information requests.

Retention periods set by the applicable statute, typically five years past relationship end.

Legitimate interest (Art. 6(1)(f))
Fraud prevention, platform security, aggregate analytics, and direct business communications with enrolled members.

Balanced against data-subject rights; documented in a Legitimate Interest Assessment.

Consent (Art. 6(1)(a))
Non-essential website cookies, marketing communications, and opt-in research studies.

Freely given, specific, informed, and unambiguous; withdrawable at any time without detriment.

Public interest (Art. 6(1)(e))
Reserved for processing connected to the Orbital Interchange Foundation's protocol governance where applicable.

Not currently active.

Vital interests (Art. 6(1)(d))
Reserved for narrowly defined safety-of-life situations.

Not relied on for commercial processing.

Core principles

Six principles. Applied always.

  • 01

    Lawfulness, fairness, transparency

    Every data subject is informed of processing purposes, legal bases, retention periods, and rights at the point of collection. Privacy notices are reviewed annually and versioned.
  • 02

    Purpose limitation

    Data collected for clearing, settlement, and regulatory compliance is not repurposed for unrelated product experimentation or external marketing without a new lawful basis.
  • 03

    Data minimisation

    We collect only the fields necessary for the stated purpose. Free-text fields are replaced by typed enumerations wherever feasible. Fields without a consumer are deprecated.
  • 04

    Accuracy

    Members may update their own records through the Terminal. Compliance-owned records are reviewed on each CDD refresh and on any rectification request.
  • 05

    Storage limitation

    Retention schedules are set per data class, with BSA/AML fields held five years past relationship end and non-statutory operational telemetry held 24 months.
  • 06

    Integrity and confidentiality

    TLS 1.3 for all transit. AES-256-GCM for storage at rest. Role-based access control on every data store, audited quarterly. Personal data is segregated from registry telemetry.

Data Subject Rights

How to exercise your rights.

Under GDPR Articles 15–22 and CCPA/CPRA §§1798.100 et seq., data subjects may exercise the rights below. Requests are authenticated, processed by the Data Protection Officer, and completed within the statutory response window.

Rights · response window

Right of access
GDPR Art. 15 · CCPA §1798.110 · 30 days (GDPR) · 45 days (CCPA)

Receive a copy of the personal data held about you and information on processing purposes, recipients, and retention.

Right to rectification
GDPR Art. 16 · 30 days

Correct inaccurate or incomplete personal data held about you.

Right to erasure ('right to be forgotten')
GDPR Art. 17 · CCPA §1798.105 · 30 days (GDPR) · 45 days (CCPA)

Limited by our BSA/AML and tax-record retention obligations; we will delete where no statutory retention applies.

Right to restrict processing
GDPR Art. 18 · 30 days

Pause processing while a dispute is resolved; data retained but not used.

Right to data portability
GDPR Art. 20 · 30 days

Receive your data in a structured, commonly used, machine-readable format.

Right to object
GDPR Art. 21 · 30 days

Object to legitimate-interest or direct-marketing processing.

Right to opt out of sale or sharing
CCPA §1798.120 · 15 days to honour

We do not sell personal data. We provide a clear opt-out where applicable.

Right to correct (CPRA)
CPRA §1798.106 · 45 days

Correct inaccurate personal data held about you.

Breach response

72 hours to supervisory authority. No delay.

Under GDPR Article 33, personal-data breaches that are likely to result in a risk to the rights and freedoms of natural persons are notified to the competent supervisory authority within 72 hours of becoming aware. Where the risk is high, affected data subjects are notified without undue delay under Article 34. CCPA/CPRA breach notifications follow California Civil Code §1798.82. Our incident response runbook distinguishes security incident, personal-data incident, and material-risk personal-data incident at detection, with pre-drafted notification templates.

DPO

The Data Protection Officer.

Wavestar has appointed a Data Protection Officer under GDPR Article 37, independently reporting to the Audit Committee. The DPO is the contact point for data subjects, supervisory authorities, and internal teams on any privacy matter, and oversees Data Protection Impact Assessments, Records of Processing Activities, and data-transfer-impact assessments for international transfers.

DPO contact

Name
Data Protection Officer
Email
dpo@wavestar.space
Postal
Wavestar Holdings LLC, Attn: DPO, Wyoming, USA
Office hours
Monday–Friday · 09:00–18:00 US Eastern
Escalation
Acknowledged within four business hours

Exercise your rights

Submit a data-subject request.

Access, rectification, erasure, and portability requests can be submitted via email to the Data Protection Officer. Requests are authenticated before any personal data is released.