When they hear electronic contracts. However, electronic contracts are a secure contract method that is equal to or more secure than paper contracts. In addition, electronic signatures us for electronic signatures are recogniz to have the same legal effect as stamps under Article 3 of the Electronic Signature Law. Here, we will explain the three security technologies us in electronic contracts: electronic signatures, electronic certificates, and time stamps. 4-1. Mechanism of electronic signature An electronic signature is a technology for certifying the identity of the creator of an electronic document. An encryption technology call “public key cryptography” is us for electronic signatures.
Public-key cryptography is a cryptographic
Technique that matches two cryptographic keys that form a pair. One side of the encryption key pair is known only to the person himself/herself, so it is possible to securely verify the person’s identity. 4-2. What is an electronic certificate? Attach an “electronic certificate” to an electronic document when performing an electronic Cyprus Email List signature. An electronic certificate is equivalent to a seal certificate for stamping. In order to obtain an electronic certificate, it is a system that must be examin by a third-party certification authority and authenticat. 4-3. What is a time stamp? Time stamping is a technology for imprinting time information on electronic documents to prove “when the document was creat” and “whether it has been tamper with by a third party.
By combining electronic signatures
Time stamps, electronic contracts can be conclud more securely. 4-4. Comparison of security with written contracts Now let’s compare the security of written contracts and electronic contracts. <Written contract> Contract: Document SG Phone List Evidence: Seal Falsification prevention: Contract or tally seal Identity verification: Seal certificate <Electronic contract> Contract: Electronic data (PDF, etc.) Evidence: Electronic signature Falsification prevention: Timestamp, firewall, etc. Identity verification: Electronic certificate, two-step verification, two-factor authentication, etc. In the electronic contract service, in addition to electronic signatures, electronic certificates, and time stamps, security technologies.
