Telecommunications Regulatory Authority has issued the first license to execute e-signature and trust services to BENEFIT (Bahrain’s Electronic Network For Financial Transactions) to support the digital transformation strategy in the Kingdom of Bahrain.
Speaking about the license, Eng. Mohamed Alnoaimi, Director of Cyber Security & Technical Affairs of TRA, said: “Through licensing trust and e-signature services, TRA seeks to keep pace with the latest technologies and developments to carry out its tasks and perform its duties to achieve the strategy of the digital transformation. The e-signature service is the latest initiative of TRA in this field. The increased use of “e-signature” will help to enhance the efficiency of administrative work and the level of performance of government and private services in accordance with the rapid technological trends.”
Alnoaimi stressed on TRA’s commitment to assessing all systems and processes on a periodic basis to ensure their contribution to fulfilling the needs of residents while preserving all parties’ rights. TRA also supports initiatives that promote the adoption of the latest developments and technologies that improve high quality of service.
Riyadh Al-Maraj, Assistant General Manager for Information Technology, BENEFIT, added: “We are pleased that BENEFIT Company is the first entity in the Kingdom of Bahrain to obtain a license for trust services and e-signature, after passing the standards and specifications for providing the service according to the regulations issued by TRA. BENEFIT has invested in establishing an advanced technical infrastructure according to the very best international practices to meet the requirements of this license, which we look forward to opening wide doors for many future applications.”
Trust and e-signature services come within the package of services as per the legislation and laws of the Kingdom of Bahrain in accordance with the provisions of Articles (20) and (21) of the Electronic Communications and Transactions Law. E-signature services allow conducting and signing transactions electronically and remotely, and promoting and adopting e-signatures as a safe and reliable method when conducting transactions and services electronically.