Making e-signatures everyday practice
Making e-signatures everyday practice
Pen and paper signatures are ready to go digital across all of the European Union. Why?
- 80% of EU citizens use the internet
- a qualified digital signature is as valid as a handwritten one
- e-signatures are an important component of EU's digital single market strategy
Benefits
- saves time
- saves money
- protects the environment
- raises productivity
Security
- helps verify authenticity
- protects against identity theft or fraud
- eliminates risks of loss or destruction
- legally binding
Key facts
If e-signatures were fully used across the EU:
- this would save up to 2% of EU GPD per year (2% is equal to spending targets on defence)
- it would spare a stack of paper as high as the Eiffel Tower every week in a country like Estonia
A wider spread of digital signatures is on the way:
- 3 out of 5 public services in the EU use e-ID
- 37% of national e-ID systems are mobile friendly
- 54% are based on smartcards
- 24 countries in the EU have e-IDs in place
Sources: Estonian presidency, European Commission