What is Digital Signature, that we really need it!

  • October 4, 2018
  • Reading Time: 2 minutes
Reading Time: 2 minutes

The highest secured solution for signing documents electronically for greater efficiency in business process documentation.

The legally binding electronic autographs known as digital signatures were among the key technologies that made the Interneta forum for commerce in the early 2000s. Well early before that in 1976, Whitfield Diffie and Martin Hellman first described the notion of a digital signature scheme. Now we know digital signatures didn’t originate with boom in Internet or an outcome of e-commerce and is supposed to be an advancement of early 1990’s.

Technology and Innovation has dominated our lives to a variably greater extend in last decade. Every sector of the Indian economy from BFSI to telecom and from retail to ecommerce have taken a step ahead for the Digital Transformation. Precisely what we want is the world at our fingertips. To all these the biggest growth driver could be internet which has brought world closer for businesses and communications.

We have innovations like Big Data, AI, IOT, Block chain etc. which have created a masterpiece on the Technological front, meanwhile there is always more than something coming up. Above all this is how we leverage these innovations to render the betterment of society. One another outcome is these emerging technologies is increased cross-border transactions and business communication flows. Parallel, it becomes really important to protect privacy and security in such instances.

As all sectors of the economy are going digital, it is essential to encourage good digital security to all interchanges. The economic and technological development has led to businesses collaborate not just within country but also internationally. The business communication and transactions involve sharing of documents, data, resources, contracts and many more. Privacy and preservation of these documents has become dominant aspect now.

These days, it seems like we’re constantly hearing about another data breach. From big retail companies like Target to financial services companies like JP Morgan, no one is safe. Because of this increasing threat, security has become a vital part of data protection and prevent the data from theft.

While no system is 100% hack-proof, there are safeguards you can put into place to protect data breach from hackers. Digital Signature being one of it, is most simplified yet technically advanced solution to this.

Digital signatures are like electronic “fingerprints.” In the form of a coded message, the digital signature securely associates a signer with a document in a recorded transaction.

A digital signature is a convenient, time-saving, and secure way of signing electronic documents such as a letter, a contract, or a will. Also an electronic document can be an image, such as a blueprint, a survey plat, a drawing, or even a photograph. A digital signature can be used to sign these documents.

Digital Signing involves a simple process where a digital signature software does all the work. A process where a signature option is selected to open the document and secret authorization code is entered. Everything is accomplished electronically and no more a pen or paper is required. Contrary there is no relationship to the signer’s handwritten signature.

Digital signatures use a standard, accepted format, called Public Key Infrastructure (PKI), to provide the highest levels of security and universal acceptance.

Related Blogs

Subscribe to our blogs

Book A Demo

    I agree to the Terms & Conditions and Privacy Policy and allow Cygnature to contact me via email or phone call.

    I agree to receive occasional product updates and promotional messages on WhatsApp / Email / SMS.