In the digital age, an electronic time stamp is a vital tool for ensuring the integrity of electronic transactions and digital documents. According to Article 23 of Federal Decree-Law No. 46 of 2021, an authorized electronic time stamp must meet strict conditions to ensure its authenticity and security.
What does this mean in practice?
Imagine you have an essential contract that has been electronically signed. With an electronic time stamp, you can be sure this contract has not been altered or forged after signing it. This means you have robust and verifiable proof for any legal dispute.
How does an electronic time stamp protect you?
Accurate data correlation: It is essential that the time and date are linked to the data to prevent any modification from going undetected. This requirement protects documents from tampering or forgery, enhancing confidence in the authenticity of transactions.
Reliable source of time: Reliance on Coordinated Universal Time ensures that times are globally consistent and that all parties can be assured that the time is correct regardless of different time zones.
Trusted electronic signature: Signing or sealing with a trusted electronic signature issued by an authorized service provider enhances the authenticity of digital transactions and ensures compliance with applicable laws.
Conclusion: In any digital business environment, adhering to these conditions when using an electronic time stamp is not only a legal necessity but also an investment in data protection and credibility. Organizations should ensure that they adhere to these requirements to ensure the integrity of digital transactions and prevent any future legal risks.
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