> For the complete documentation index, see [llms.txt](https://docs.open-bank.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.open-bank.org/conventions/financial-data-residency.md).

# Financial Data Residency

### What is data residency? <a href="#what-is-then-data-residency" id="what-is-then-data-residency"></a>

Data Residency is basically a term, we are using to associate to ”all the NPPI(non public personal identifiers) data arrangements” associated with an Association member, when they activate their E Residency or tenancy(in the case of an organization).

> DATA COLLECTION, STORAGE AND PROCESSES BY FOUNDATION AND ITS AI: YOUR INFORMATION AND ANY VOLUNTARY COMMUNICATIONS POSTED BY YOU ON THE OPEN CONSTITUTION NETWORK WILL BE USED TO PROVIDE YOU REQUESTED SERVICES, INCLUDING BUT NOT LIMITED TO PROCESSING YOUR INFORMATION AND VOLUNTARY COMMUNICATIONS TO ENHANCE THE OPEN CONSTITUTION ARTIFICIAL INTELLIGENCE NETWORK. BY REGISTERING AND RECORDING YOUR CONSENT, YOU’RE GIVING MUELLNERS FOUNDATION, ITS ARTIFICIAL INTELLIGENCE SYSTEMS – SENTIENT BOT PERMISSION TO USE YOUR INFORMATION THROUGH NETWORK’S DATA LIFECYCLES – OCCURRENCE (DISCOVERING, DESIGNING, AUTHORING, ETC.), TRANSMISSION (NETWORKING, DISTRIBUTING, ACCESSING, RETRIEVING, TRANSMITTING, ETC.), PROCESSING AND MANAGEMENT (COLLECTING, VALIDATING, MODIFYING, ORGANIZING, INDEXING, CLASSIFYING, FILTERING, UPDATING, SORTING, STORING, \[NORMALIZING] ETC.), AND USAGE (MONITORING, MODELING, ANALYZING, EXPLAINING, PLANNING, FORECASTING, DECISION- MAKING, INSTRUCTING, EDUCATING, LEARNING, ETC.. IN CONNECTION WITH YOUR DIGITAL ACTIVITY ON THE OPEN CONSTITUTION NETWORK INCLUDING BUT NOT LIMITED TO YOUR GEOLOCATION, TRANSACTION EVENTS, BIOMETRICS, LEGAL IDENTIFIERS, BEHAVIOURAL IDENTIFIERS AND ANY META DATA ASSOCIATED WITH YOUR E RESIDENCY LEASE
>
> Read Network’s Data Policy, and know your rights.

&#x20;

FOR E RESIDENTS: Whenever a citizen activates their E Residency lease, citizen’s data residency helps the Open Constitution network gamify the citizenship services e.g financial, health insurances, and well being.

Activating an E Residency allows the network to process and protect citizen data according to the network’s data policy.


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