What is the eIDAS regulation

eIDAS Regulation: the security of electronic signatures

Escrito por: Marketing Team Fecha Monday 13, January 2020 Categoría: E-Signature

ENGLISH

Most of the transactions between users are done electronically. At European level, each Member State has its own legislation regarding the electronic communications. For this reason, a commitment has been made to create a common framework that guarantees the legal security of transactions between countries: the eIDAS regulation.

Thus, the eIDAS regulation aims to facilitate any electronic transaction between citizens, businesses and public administrations of any Member State. We tell you the benefits that this regulation has for companies.

What is the eIDAS Regulation?

The eIDAS Regulation, also known as Regulation (EU) No. 910/2014 of the European Parliament and of the Council of 23 July 2014, establishes the guidelines for electronic identification. Its main objective is to secure telematic relations between users.

The eIDAS regulation establishes a common framework for trusted services, giving them the same legality as traditional paper-based signature processes.

In this way, the eIDAS regulation establishes a common legal framework for trusted services and means of electronic identification that affects all EU member countries. The most remarkable thing is that it facilitates any type of electronic transaction between users within the European territory.  According to its article 1, the eIDAS regulation establishes:

  •  The conditions under which the Member States shall recognise the means of electronic identification of natural and legal persons belonging to a notified electronic identification system of another Member State
  • The rules for trusted services, in particular for electronic transactions
  • A legal framework for electronic signatures, electronic seals, electronic time stamps, electronic documents, certified electronic delivery services and certificate services for website authentication 

What is eIDAS regulation?

In this way, the eIDAS regulation gives way to a digital single market with homogeneous standards that allow transactions to be digitised with no risk to the security of the parties involved. Below are some of the advantages of the eIDAS regulation:

  • To promote international trade, both in B2B and B2C.
  • To promote the use of electronic signatures with full legal security.
  • Reduce bureaucracy
  • Promote the digital business transformation..
  • Reduce administrative burdens..
  • Save management and delivery costs..
  • Control and protect the processing of personal data.

How does the European regulation affect to businesses?

The operations carried out by companies in their digital environment are safer and more reliable since the entry into force of the eIDAS regulation. As a result, the use of electronic signatures in the business environment has been strengthened, allowing:

  • Reduce paper use and bureaucracy in companies..
  • Savings in material, management and shipping costs.
  • Promote digital transformation and digitalization of internal processes.
  • Greater customer orientation.
  • Covering the international market.

Similarly, the eIDAS regulations distinguish the types of electronic signature that can be used by signatories according to the operation carried out (simple, advanced and qualified electronic signature).

The qualified electronic signature meets the highest security standards and is equivalent to a handwritten signature on paper.

Our electronic signature platform, IvCert, offers all types of electronic signatures recognised by the eIDAS regulations. Furthermore, it is the only tool that supports qualified electronic signatures, gathering all the electronic evidence and having full legal guarantees, comparable to the handwritten signature on paper.

Request your free IvCert demo. Use the ideal type of electronic signature for each transaction and comply with eIDAS regulation.

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