If you do business in Europe, eIDAS is good news for you. This regulation simplifies and standardises digital signatures and IDs for all of Europe to help create a “single digital market.” It is now much easier for you and for your customers to make safe digital transactions in your own country and in the member States of the European Union.
What exactly is eIDAS?
The electronic identification, authentication and trust services regulation (eIDAS 910/2014/CE) is a unique and standardised regulation that is applicable to all the member States of the European Union and that, finally, offers a coherent judicial framework for the acceptance of electronic identities and signatures. It also covers digital stamps for business entities. With the arrival of eIDAS, European organisations are well on the way to completely digitalizing their business processes.
The eIDAS regulation recognises three types of electronic signatures
The eIDAS system provides a basis for all electronic signatures by establishing that legal admissibility cannot be denied simply because it is in electronic format. This requirement can be fulfilled with conventional electronic signatures.
Advanced electronic signatures (AdES)
With AdES, signatures must be associated in an exclusive manner to the signatory and allow for their identification. The signatories use data that is only under their control to create their signature, by which the final document bears a stamp of guarantee.
Qualified electronic signatures (QES)
The QES system is a more strict form of AdES and, additionally, is the only type of electronic signature that has the same legal weight as a handwritten signature. The signatories must use a digital ID that is based on certificates and issued by a trusted service provider (TSP) in the European Union. In addition, a qualified signature creation device (QSCD) is required, such as a smart card, a USB token or a mobile application that generates a single-use password.