Adobe’s announcement coincides with the 1 July European Union signature regulation (eIAAS) coming into effect, helping to facilitate the global adoption of secure digital signatures.
Adobe says it has formed the Cloud Signature Consortium with the aim of advancing an open standard for cloud-based digital signatures.
In addition to Adobe, initial members, which span EU cloud-based digital signature providers, trust services providers, academics, and standards and security focused organisations, include:
“With more than six billion digital and electronic signature transactions processed each year through Adobe Sign and Adobe Document Cloud, we are focused on moving the signature industry forward. Today, in collaboration with the Cloud Signature Consortium, we are proud to advance an open standard for cloud-based digital signatures,” Bryan Lamkin, executive vice-president and general manager of digital media, Adobe, said.
“Adobe has a history of pioneering and advancing industry standards like PDF. We embrace open standards and, where none exist, we help create them.”
Lamkin says the new standard created by the consortium will be critical to furthering digital transformation of business on a global scale by giving everyone access to secure digital signature solutions across a full range of cloud applications and mobile devices, and once implemented, the standard will benefit processes where signer identification is critical, such as applying for a marriage or business licence, social security benefits, or signing for a large loan.
Initially focused on the EU, the Cloud Signature Consortium aims to build a global network of industry contributors and intends to release new standard specifications by the end of 2016 – ith the first cloud-based implementations to follow shortly after.
Lamkin says the consortium was inspired by the need to meet the highest level requirements of the European Union’s Regulation on Identification and Trust Services (eIDAS), but its impact is expected to be global as demand for highly secure digital solutions continues to rise.