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The qualified trust service provider has a crucial role in the process of qualified electronic signing. A trust service provider must receive qualified status from a supervisory governmental body that allows the entity to provide qualified trust services to be used in creating qualified electronic signatures.
The trust service provider has the responsibility to assure the integrity of electronic identification for signatories and services through strong mechanisms for authentication, electronic signatures and digital certificates. eIDAS defines the standards for how trust service providers are to perform their services of authentication and non-repudiation.
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Docusign began referring to its service as “eSignature Transaction Management”. By the end of 2010, the company had handled 73 percent of the SaaS-based electronic signature market, with 80 million signatures processed. [17] Scale Venture Partners led an investment round of $27 million in December 2010. [18]
Adobe Acrobat Sign (formerly EchoSign, eSign & Adobe Sign) is a cloud-based e-signature service that allows the user to send, sign, track, and manage signature processes using a browser or mobile device. [4] It is part of the Adobe Document Cloud suite of services.
An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. [1] [2] [3] This type of signature has the same legal standing as a handwritten signature as long as it adheres to the requirements of the specific regulation under which it was created (e.g., eIDAS in the European Union, NIST-DSS in the ...