Cookies policy of Livonia platform.
Our website (https://www.livonia.finance) uses cookies and similar tracking technologies to enhance your browsing experience and provide personalized services. This Cookies Policy explains how we use cookies and why, ensuring transparency in how we collect and utilize data through these technologies.
What is the cookies and cookies policy?
Cookie policy explains how a website or online service uses cookies and similar tracking technologies. It is A cookies policy, also known as a cookie policy, is a document or statement that an essential part of a website’s privacy policy, providing transparency to users about the data collected and stored through cookies and how that data is utilized.
Cookies are small text files that are placed on a user’s device when they visit a website. These files contain data that allows the website to remember certain information about the user, such as their preferences, login credentials, and browsing behaviour. Cookies can be either first-party (set by the website domain you are visiting) or third-party (set by a domain other than the one you are currently on).
The purpose of a cookies policy is to inform users about their privacy rights, provide them with the necessary information to make informed choices about cookie usage and ensure compliance with relevant privacy laws and regulations, such as the General Data Protection Regulation (GDPR) in the European Union. By being transparent about cookie usage and obtaining user consent where necessary, websites can build trust with their users and demonstrate their commitment to respecting user privacy.
Use of cookies
Remembering User Preferences: Cookies allow websites to remember user preferences and settings, such as language preferences, layout preferences, and customizations. This way, users don’t have to reconfigure their settings each time they visit the site.
Authentication and Security: Cookies are often used to manage user login sessions. They help websites recognize logged-in users, enabling seamless navigation without requiring users to re-enter their credentials repeatedly. Cookies also contribute to security measures by ensuring that users’ access to specific content or features is authorized.
Personalization: Cookies enable personalized content delivery, such as tailored recommendations based on a user’s browsing history or interests. This personalization enhances the user experience and keeps users engaged with the website.
Analytics and Performance: Cookies are utilized to collect data about website usage, such as the number of visitors, pages visited, and duration of visits. This information is crucial for website owners and administrators to analyze website performance and make data-driven decisions for improvement.
Advertising and Marketing: Cookies are used for targeted advertising, displaying ads that are more relevant to users based on their interests and online behaviour. Advertisers use cookies to track users across different websites and deliver personalized advertisements.
E-commerce: Cookies are commonly used in e-commerce platforms to track shopping cart contents, remember user preferences in product selection, and provide a smooth checkout process.
Tracking and Conversion Measurement: Cookies play a role in tracking online marketing campaigns’ effectiveness and measuring conversions. This helps marketers understand which campaigns or channels drive the most user engagement and conversions.
Social Media Integration: Social media plugins on websites often use cookies to enable social sharing and interaction features, allowing users to share content with their social network accounts seamlessly.
It’s important to note that while cookies offer various benefits for both website owners and users, there are also privacy considerations. Some users may have concerns about data privacy and the potential for tracking their online activities. To address these concerns, websites typically include a cookies policy that explains how cookies are used and obtain user consent where required by privacy regulations. This transparency and consent-seeking process aims to give users control over their data and ensure a balance between personalized experiences and user privacy.
Updated in 21.07.2023
Livonia platform