Business & Finance Finance

Why A Digital Signature Certificate Essential In Online Trading

Nowadays a strong authentication process is required in a business to make a secure and safe transaction maintaining transparency in the transaction like Digital Signature. But in earlier days it was not so safe to make a transparent and secure transaction that was caused to forgery and tampering in the transaction. In early days it takes a lot of time and paper works in a business deal, but in these days it is quite simple due to the online process of various processes. All works are done in the contrast with electronic documents and the internet. Electronic processes and the internet has been modified the lengthy work to a very simple and easy work to perform. It is a quick process, but also an insecurity is appeared in the transaction. A digital signature is used to overcome by this problem. It provides an assurance of security.

Most of companies have upgraded their system to the online process of transaction to increase their business on a large scale in a short period of time. As we know it is a risky thing to transact over an unsecure Internet Connection. For making a secure transaction over the internet a concept of Digital Signature Certificate is discovered and applied in online business. Digital Signature is the encoded form of a trust key and information of the certificate holder. It is issued by a certification authority through the registration authority or digital signature certificate provider. It is of three types of classes, i.e. Class 3, Class 2 and DGFT.

E-tendering is one of the most important examples of online business over an internet connection.
The clients for e-tendering in a company need to authenticate them self before filing the tender to the company. Because it is highly authenticated and confidential type of business with a transparency. Class 3 is used as a Digital Signature Certificate for e-tendering due to the highly secured transaction. In some of e-tendering companies Class 2 DSC is used for authentication.

Another highly secured business is Export-Import Trading. An organization that certifies and licenses a company to do the business with foreign companies is called as DGFT. DGFT stands for the Directorate General of Foreign Trade and it provides an IEC code to the company. A Digital Signature Certificate for DGFT is needed to authenticate the account for communicating, accessing and transacting with the DGFT.

If you are looking for any type of Digital Signature Certificate then contact the most trustworthy Digital Signature Provider in Delhi. A Digital Signature Provider or registration authority will perform the registration of a client and approves the document and send it to the certification authority to verify and issue a certificate on the naming client. This certificate can only be downloaded by the registration authority.

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