Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 22/04/2019, 15:28:26 UTC
I'm referring to the EU eIDAS regulations: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2014.257.01.0073.01.ENG

Quote
Article 25

2) A qualified electronic signature shall have the equivalent legal effect of a handwritten signature.

Article 3

(12) ‘qualified electronic signature’ means an advanced electronic signature that is created by a qualified electronic
signature creation device, and which is based on a qualified certificate for electronic signatures;

(15) ‘qualified certificate for electronic signature’ means a certificate for electronic signatures, that is issued by a qualified trust service provider and meets the requirements laid down in Annex I;

Article 22
Trusted lists
1.  Each Member State shall establish, maintain and publish trusted lists, including information related to the qualified trust service providers for which it is responsible, together with information related to the qualified trust services provided by them.

All in all:

1. Only a qualified electronic signature has the same legal effect in EU as a handwritten signature.
2. Qualified electronic signature requires a qualified certificate issued by a qualified trust service provider which has to be put on the list by the EU Member State.

None of this is the case with Obyte which means that it's signatures are not legally binding.



Great job looking all that up, but you forgot to add "... are not equal to handwritten signatures in EU yet". What you copy-pasted is about getting equal as handwritten signature (the highest level), there are more levels than just that.

For example, in order for Smart-ID to become QSCD (Qualified Signature Creation Device) in November 2018, they had that app out in public already in 2016. In order to get a Smart-ID, you need to sign a contract with ID-card or Mobile-ID, which had Level 1 – QES (Qualified Electronic Signature) already way earlier.
https://www.smart-id.com/help/faq/general/can-use-smart-id-sign-documents-electronically
https://www.id.ee/?lang=en&id=38499

Today, you can use ID-card/Mobile-ID/Smart-ID to have digital identity and sign prosaic contracts on Obyte, so getting it to QES level (highest level, which is equal to handwritten signature) is just another step, which you can't skip to by just waving with a white paper. Maybe you still haven't noticed, but each of these features complement each other - prosaic contracts would not have been possible without real name attestation, signatures that are equal to handwritten signatures would not become possible without prior two. And many countries, you still don't need prosaic contract signatures to be at highest level to be legally binding.

What I can already see is that with little bit of research, I think you don't believe anymore that handwritten signatures are the only way to go.