Q: How can I have any privacy, if you are asking for personal information to get started?

A: Imagine it is 1997, and you go to a retail electronics store to buy the new Age of Empires game for your PC. You pick up the box, take it to the sales counter, give the person some cash, and you get a receipt. Then you walk out the door, go home, and install the game on your PC.

This is basically what you are doing when you use SIBEX software. However, two things change at the sales counter. The first is you don't have to pay any money for a license of SIBEX software. The second change is this: because the software publisher (SIBEX AG) is a Swiss company, and also does business in Hong Kong (SIBEX LTD), these governments ask that companies not do business with anyone who is sanctioned. So, instead of money, you need to present some personal data which demonstrate you are not a sanctioned person. Then instead of a physical copy of the software on a disk, we give you a software License Key, and you can download and use SIBEX on any machine you like. Easy!

When you first install SIBEX on your desktop or in a cloud server, you'll be asked for your License Key. That's it- there is no other connection to your identity. Nobody knows what you are doing with the software, nobody can see your balances. The only thing SIBEX AG can do is revoke that License Key. Even then, this action would not block you from accessing your Bitcoin and Ether, because SIBEX software (sibexd) is connecting to your existing Bitcoin Core and Geth APIs in order to do operations such as get those wallets' balances and broadcast raw transactions.