IRG-FTR — Terms of Use & Privacy Notice

Effective date: 9 June 2026 · Version 1.0

This page sets out the terms on which you may use IRG-FTR, and how we handle your personal data. It applies to every registered user. Minters are additionally bound by the Standard Minting Licence they accept at registration.

Part A — Terms of Use

1. Who we are

IRG-FTR ("the Platform", "we", "us") is operated by Intech Research Group, Mumbai, India, as a not-for-profit initiative. The Platform is reachable at www.irg-eco.com. You can contact us at info@irg-eco.com.

2. Registration and accounts

You register by selecting a role and providing the requested details, and by verifying your mobile number (and email) by one-time password (OTP).
You must provide accurate, current information and keep it updated. Your registration is held pending until you have completed all required fields, OTP verification, and acceptance of these terms; no account record is created until then.
You are responsible for activity under your account and for keeping your sign-in credentials secure.

3. Forward Trade Rights (FTRs)

The Platform records Forward Trade Rights and related operations (such as minting by authorised minters, first sale, secondary trading, swaps, redemption, pledge and recall) across its sectors. The specific rules of each operation are as presented to you on the Platform at the time you carry it out.

4. Payments and settlement

The Platform does not use any payment gateway or aggregator. All money movements are by direct bank transfer to the Platform's designated bank account.
Settlement is confirmed manually by the Platform upon verification of receipt in that account. A transaction is not complete until settlement is confirmed.

5. Acceptable use

You agree not to use the Platform for any unlawful purpose, not to submit false information, not to attempt to access accounts or data that are not yours, and not to interfere with the Platform's operation or security.

6. Minters

If you register as a minter, your acceptance of the Standard Minting Licence is a pre-condition of that role, and that Licence (including its confidentiality terms) applies to you in addition to these Terms.

7. Disclaimers and liability

The Platform is provided on an "as available" basis. To the extent permitted by applicable law, we are not liable for indirect or consequential loss arising from your use of the Platform. Nothing in these terms excludes any liability that cannot be excluded under applicable law.

8. Governing law

These terms are governed by the laws of India, and the courts at Mumbai have jurisdiction.

9. Changes

We may update these terms; the version and effective date above will change, and continued use after an update means you accept the updated terms.

Part B — Privacy Notice (Digital Personal Data Protection Act, 2023)

1. Data Fiduciary

The Data Fiduciary is Intech Research Group, Mumbai, India. For privacy questions or to exercise your rights, contact our Grievance Officer (section 9).

2. Personal data we collect

At registration: your full legal name, mobile number, email address, country, and your selected role/sector. PAN and GSTIN are optional — collected only if you choose to provide them, and never required to register.
For KYC, where applicable: identification numbers only — PAN, Aadhaar number, and bank account number with IFSC. We collect ID numbers; we do not require document uploads for FTR registration.

3. Why we use it

To create and operate your account; to verify identity (KYC); to carry out the FTR operations you request; to settle payments via bank transfer; to handle grievances; and to meet legal and regulatory obligations.

4. Consent

We process your personal data on the basis of the consent you give when you register. You may withdraw consent at any time (section 8); withdrawal does not affect processing already carried out, or processing we are legally required to continue.

5. Blockchain and data minimisation

Your personal data is stored off the blockchain. Only an irreversible, salted cryptographic hash (an "anchor") is written to the Platform's private blockchain. The blockchain itself contains no readable personal data.

6. How KYC is handled

KYC verification is queued and processed asynchronously. It does not block your use of the Platform.

7. Sharing, storage and transfers

We do not sell your personal data, and we do not use it to serve advertising.
The Platform runs on Google Cloud infrastructure located in the United States; by using the Platform you understand your data is processed there.
We share bank details with our banking partner solely to effect settlement.

8. Your rights, including erasure

Access and correction of your personal data.
Erasure: on request, we delete or anonymise your off-chain personal data and destroy the secret that links the on-chain hashes to you, so those hashes can no longer be tied to you. Financial and transaction records we are required to keep are retained in pseudonymised form, no longer linked to your identity.
Grievance redressal through our Grievance Officer.
Withdraw consent at any time.

9. Grievance Officer

The Grievance Officer, IRG-FTR (Intech Research Group). Email: info@irg-eco.com. We will acknowledge and respond within the timelines required by law.

10. Retention

We keep your identity data while your account is active and for as long as required under applicable Indian law (including tax, accounting and regulatory requirements). Financial and transaction records are retained on that basis even after erasure, in pseudonymised form.

11. Changes

We may update this notice; the version and effective date at the top will change.