Applications in several Industries for Signature Confirmation Systems
A digital signature pad can be used to digitally sign an important part of document which helps in maintaining the integrity of the document. It is a reliable method of sending documents over the internet making it tamper-proof and demonstrating that the sender of the message is who they claim to be. This method also guarantees that the content of the message remain unrevised during the process of transfer. The message is automatically time rubber-stamped when it is sent; therefore, the sender cannot claim later that the message was not sent by him.
A digital signature pad can be used to digitally sign almost any document irrespective of the fact whether it is encrypted or not. The digital certificate issued pocket option login at the time of sending the document can be used to verify whether the document was real or not.
How does it work?
The technique of sending the message is a snap. The first step involves attaching the message to the email-note and then finding a hash (a summary of the message) with the help of software. Following this is done a private key is used to encrypt the hash and this becomes the digital signature of the message. The radio of the message makes a hash of the message and then uses a public key to think of the message. If the hashes match then the message is valid. The utility of this method has found many takers in the software distribution and financial sector due to its simplicity and reliability.
Convention of the Indian IT Act relating digital signatures
The Indian parliament has ratified the validity of digital signatures in the Indian IT Act giving legal recognition to everyone electronic records along with digital signatures. According to the guidelines, set by this important legislation, the digital signatures would be implemented by a system of asymmetric crypto and hash function. The machine also suggests using electronic records and digital signatures in governmental work.
Applications of Signature Confirmation Technology in The indian subcontinent
Indian Patent Office
The Indian Patent Office used to process patent, copyrights and brand applications hand. However, the machine was dysfunctional with instances of file corruption rife. In order to make the machine streamlined the Patent Office modified its application process making it online dispensing with the need of any human involvement. According to the new system, the applications can be filed from wherever and all the applications are digitally signed with the help of electronic signature software.
Directorate General of Foreign Trade
The DGFT processes request and issues scan and move the necessary licenses. With hundred of the necessary licenses issued daily; the manual process was rife with file corruption and abuse. In order to make the processing of the necessary licenses more streamlined an online system was implemented which allowed the users to file the applications online under different schemes like DEPB, EPCG leading to better MIS, audit and answerability. Under it applications were filed online and signed digitally with the help of electronic signature software.
E-Procurement
Procurement tenders has been increasing in intricacy for a long time with the increase in the number of cartels, rigging and seapage of information. In order to remove these advantages an online system of tendering was developed which sought to reduce the human program whenever you can by allowing the vendors to provide information and quote online. The reliability of the documentation was achieved via a system of digital signatures that was implemented with the help of electronic signature software.