Privacy Policy

At Rasid, we take your financial privacy and data security seriously. This policy outlines how we handle your invoice data, personal information, and business records with the highest standards of cryptographic security.

Last Updated: January 2024

1. Data Collection & Usage

We collect information necessary to provide our invoicing and verification services. This includes:

  • Business Information: Name, address, tax ID, and contact details used for invoice generation.
  • Invoice Data: Details of items, prices, and customers entered into our system or extracted via our AI OCR technology.
  • Usage Data: Information about how you interact with our platform to improve service performance.

We do not sell your data. Your business data is yours. We use it solely to generate, store, and verify your documents.

2. Verification & Cryptography

Rasid's core feature is authentic verification. To achieve this:

  • We generate a unique cryptographic hash for every invoice.
  • This hash is stored publicly to allow verification via QR code.
  • While the hash is public, the specific content of your invoice is only accessible to those who possess the original link or QR code. Typical public verification only confirms the validity of the hash, not the full private details unless intended.

3. AI Processing

Our AI OCR (Optical Character Recognition) features allow you to digitize paper invoices. When you upload a document:

  • The image is processed temporarily by our secure AI engine to extract text.
  • We do not use your specific invoice content to train public AI models in a way that would expose your private data.

4. Data Retention

You have full control over your data.

  • Future Validation: Invoice data is kept securely stored to enable the future validation of each invoice. This ensures that any stakeholder (clients, auditors) can verify the authenticity of a document at any time via its unique QR code or link.
  • Immutability: To maintain the trust and integrity of the verification system, generated invoices cannot be deleted or altered once issued. This permanent record is essential to guarantee that a verification attempt will always return the correct status for any issued document.

5. Contact Us

If you have questions about your data privacy or security, please contact our Founder at menajul99mhq@gmail.com.