Businesses and individuals based in Monaco will now be able to use digital signatures as they would pen-on-paper signatures, taking one step closer to the touted digital carte de sejour set to be implemented by the end of this year.
This follows on the last year’s October 15 announcement awarding the Principality’s contract to the French IN Groupe (link 1), which is also behind our neighbour’s new carte nationale d’identité (CNI).
Contrary to popular belief, the digital signature is actually “safer and more secure than traditional paper documents” (link 2) as it uses blockchain and cannot be as easily forged as traditional signatures. ARTICLE CONTRIBUTED BY Herman Staro
1: IN Groupe. “Monaco to Deploy Its Digital Identity Scheme and Trust Services.” IN Groupe, www.ingroupe.com/en/newsroom/monaco-deploy-digital-identity-scheme-trust-services
2: Alton, Larry. “5 Reasons Your Business Should Use Electronic Signatures in 2018.” Inc.Com, www.inc.com/larry-alton/5-reasons-your-business-should-use-electronic-signatures-in-2018.html
FILE PHOTO: Reuters