24 March 2017
The EU Regulation on electronic identification and trust services ("eIDAS" Regulation, no. 910/2014), which came into effect on 1 July 2016, has introduced a set of electronic trust services to give legal certainty and reliable identification in the context of electronic transactions.
In addition to electronic signatures, which ensure well-know advantages in terms of legal certainty of the signature and execution by parties or their representatives no matter where they are in the world, eIDAS provides for:
- electronic seals, which give evidence (i) that the electronic document originates from a legal person and (ii) of the authenticity and integrity of the electronic document's content, because any subsequent change in the document will be detectable;
- electronic time stamps, which ensure the legal evidence of the date of creation of the electronic document.