A Trusted third party is an institution designed for the digital home field at the institution of the depositary and under article 25 of the Law 34/2002, of July 11, of Spanish services of the information society and electronic commerce, on transposition of the directive of the European Parliament and Council concerning certain aspects of the services of the information society and in particular electronic commerce:
“Trusted third party intervention.
1.- The parties may agree that a third party files the statements of will which integrate the electronic contracts and to include the date and time that such communications have taken place.
2.- The third must file declarations in computer support that has taken place on telematic channel between the parties by the time stipulated, that in no case shall be less than 5 years”.