Last Thursday, June 3, The European Commission proposed a new digital identity scheme, coined the...
What are the benefits of a qualified electronic signature?
We'd like to highlight what we think are the most powerful aspects of the qualified signature:
- Firstly, qualified signatures represent indisputable identity - an expression of will in the EU. In the metaphor of pen and paper, the legislator
recognizes that the proof of identity is the highest and that the expression of will is equal to that of wet ink, so essentially signing on a regular paper with a regular pen. And this is nothing less than the very infrastructure
that the digital EU needs.
- Second, the regulator has created an ecosystem of governance,
duties and responsibilities for all participating parties surrounding these signatures. This makes your adoption of trust services standards-based:
- it's predictable,
- legally compliant,
- above all, future proof.
- Terms & Conditions, User rights, GDPR it's all taken care of.
- Third - remote identification is regulated. It's not a black box that you will find in a market today. For most companies, especially regulated ones, a key question is always how remote identification is performed of natural persons. With eIDAS, remote identification can only be performed according to national legislation and what we call state-of-the-art. And it needs to be conformity assessed, certified and authorized. This lies under the supervisory body. As opposed to an advanced e-signature, you need not worry about the registration method once you have adopted qualified signatures.
- Fourth - Where liability lies remains one of the most important parts of any business relationship. With qualified trust services, the liability lies with the trust service provider, and mandatory insurance policies can always be found published online.
- Last but not least - validation. Advanced signatures can in general not be easily validated. This means that you will have to find the trust service provider or the issuer and ask in some ad-hoc way whether it is compliant.