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Terms and Conditions

Licence Information / Terms of Use for LedgerSwarm software:

Introduction

These terms and conditions govern your use of the LedgerSwarm software. By using the software, you accept these terms and conditions in full. If you disagree with these terms and conditions or any part of these terms and conditions, you must not use the software.

Licence

LedgerSwarm grants you a non-exclusive, non-transferable licence to use the software on the Tranquility test network. This licence is subject to the terms and conditions of this agreement.

User Interface

Please note that the LedgerSwarm product is designed to be API driven and integrated into an institutions core banking systems - consequently the User Interface which is provided as part of this trial system is purely to demonstrate, and visually show the basic high-level process steps. Additionally the user interface is not designed to be operated on a mobile device.

Restrictions

You must not:

  1. Reproduce, duplicate, copy or otherwise exploit the software for any commercial purpose.
  2. Modify or create derivative works of the software.
  3. Reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code of the software.
  4. Remove any copyright or other proprietary notices from the software.

Ownership

The LedgerSwarm software is owned by SETL Ltd.

Warranty

The software is provided "as is" without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability and fitness for a particular purpose.

Limitation of Liability

In no event shall SETL Ltd. be liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) arising in any way out of the use, inability to use, or the results of use of the LedgerSwarm software.

Governing Law

These terms and conditions shall be governed by and construed in accordance with the law of England.

Termination

This licence will terminate automatically if you fail to comply with any of the terms and conditions of this agreement. Upon termination, you must immediately cease all use of the software and destroy all copies of the software in your possession.

Entire Agreement

These terms and conditions constitute the entire agreement between you and SETL Ltd. in relation to your use of the LedgerSwarm software and supersede all prior agreements and understandings.

By using the LedgerSwarm software, you agree to be bound by these terms and conditions.