51. Digital signature is an important part of the fast expanding electronic commerce because it is used to verify parties engaging in on-line transactions, where physical contact never occurs. 52. Digital signatures are especially important for electronic commerce and are a key component of most authentication schemes. 53. For example, the Digital Signature cyberlaw defines digital signature as a transformation of a message using an asymmetric crypto system. 54. If a card is lost, officials said its digital signatures will be deactivated once it is reported, and the employee will get a new card. 55. In addition, the certification authorities appointed to monitor and supervise the use of digital signatures must be licensed under the law. 56. It has succeeded in implementing various concepts espoused in the Multimedia Super Corridor such as electronic government, digital signatures and smartcards through the PKCS project. 57. Lawmakers adopted his proposal to allow digital signatures on electronic legal and business transactions. 58. Like a written signature, the purpose of a digital signature is to guarantee that the individual sending the message really is who he or she claims to be. 59. Moggie said towards that end, the Government has identified a transitional controller of digital signatures who will primarily license the CAs and monitor the activities of these authorities. 60. On digital signature, Leo Moggie said the ministry will appoint a regulatory organisation or controller to check on certification authority by the middle of the year. |
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