Qualified Trust Service Provider
QTSP is the acronym for Qualified Trust Service Provider.
An entity that provides electronic trust services, such as electronic signatures, electronic seals, electronic time-stamps, and electronic delivery services, in compliance with the European Union’s eIDAS regulation.
QTSPs are authorized by a national regulatory body in the EU to provide qualified trust services and are subject to strict technical and legal requirements to ensure the integrity, confidentiality, and security of electronic transactions. QTSPs must meet specific technical standards and requirements, such as the use of qualified electronic signature creation devices (QSCDs) and secure signature creation software (SSCDs), and must undergo regular audits and assessments to ensure compliance with the eIDAS regulation.
The eIDAS regulation requires that electronic signatures and other trust services provided by QTSPs are recognized and accepted across all EU member states, providing a framework for cross-border interoperability and legal recognition of electronic transactions.
QTSPs play a crucial role in the digital economy, providing the necessary trust and assurance for electronic transactions to be carried out securely and efficiently. They enable individuals, businesses, and governments to take advantage of the benefits of electronic transactions, while ensuring legal certainty and interoperability across borders.
- Abbreviation: QTSP