The magic threshold has been broken: two million people have activated a digital identity thanks to the xIDENTITY and A-Trust service! That is two million more people who are now authorised to sign electronically with a qualified remote signature.
Two million digital identities – for example in the form of mobile phone signatures – have been issued by the A-Trust Trust Centre over the past ten years. In the German banking and finance sector alone, more than 500,000 contracts have been signed by remote signature since the eIDAS Regulation came into force. Such figures are made possible in no small part by xIDENTITY – the service that XiTrust offers together with A-Trust.
As a qualified trust service provider, A-Trust is authorised to issue personal certificates. The result is a digital identity issued via video identification, which is needed by anyone who wants to work online in a legally secure manner. “Together with XiTrust, we have made huge steps towards advancing electronic signatures for private and professional use,” summarises Michael Butz, CEO of A-Trust.
Realistic perspective
For XiTrust CEO Georg Lindsberger, the two million mark reflects a trend within the digital transformation: “Our figures underline the growing acceptance of the technology, especially now that the Austrian Ministry for Digital and Economic Affairs is promoting the widespread use of electronic signatures with the upcoming introduction of the E-ID.” A-Trust co-owner Lindsberger therefore believes that the goal set by Economics Minister Margarete Schramböck – for the majority of Austrians to have a digital identity within a few years – is an “absolutely realistic prospect.”
Mandatory documentation and strict compliance guidelines: Especially when it comes to signing contracts, payment authorisations or NDAs, companies are required to set up a “watertight” solution for these workflows. With the qualified electronic signature, it is possible to work legally compliant and without any media disruptions. If you want to replace analogue signature processes with digital ones, you need innovative products and the reliability of a state-approved trust centres. And this is where the joint solution by XiTrust and A-Trust comes in.
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