Nowadays, digital signatures and electronic signatures are widely used. However, since this type of signature is still relatively new, many people still confuse these two concepts. So, what exactly are these two types of signatures? Are they the same? Let’s find out more through the information shared by 1Office below!
Mục lục
What is the nature of a digital signature?
Digital signatures are created using public-key cryptography – RSA. Specifically:
| RSA Technology |
|
| Public key
(public key) |
|
| Private key
(private key) |
|
| Signer |
|
| Recipient |
|
| Digital Signing |
|
What is the difference between digital signatures and electronic signatures?
These are two types of signatures that are quite popular today. However, many businesses confuse them and think they are the same. In fact, please see the comparison below to clearly distinguish the purpose and usage of these two types of signatures.
| Digital Signature | Electronic Signature | |
| Definition |
|
|
| Legal Validity | Legally valid when the following conditions are met:
|
Legally valid when the following conditions are met:
|
| Features | Document security | Verification for data and documents |
| Authentication Mechanism | Based on a certificate-based digital ID | Verifies subscriber identity via email, phone PIN, etc. |
| Security | High security | Signature can be easily forged |
How are digital and electronic signatures applied?
Applications of digital signatures
In e-government
- Electronic customs and tax declarations
- Birth and death registration
- Issuing various types of documents and certificates
- Permit application systems: publishing, construction, healthcare, education…
In e-commerce
- Authenticating the identity of transaction participants, verifying the security of online electronic transactions.
- Verifying the integrity of contracts, documents…
- Authentication applications in Internet banking
- Authentication applications in stock trading
- Authentication applications in online purchasing and bidding
Applications of electronic signatures
Electronic signatures can be used in email transactions, for online shopping, online stock investment, bank transfers, and online payments without the fear of money being stolen as with Visa or Master accounts.
- Applications by the Ministry of Finance
- Applications by the Ministry of Industry and Trade
- Applications by the Ministry of Science and Technology, etc.
- Online purchasing and ordering
- Online payments, etc.
- Email transactions
- Video conferencing and remote work
Digital signatures and electronic signatures have almost completely changed business paperwork procedures. This will certainly be the signing method of the near future. 1Office is one of the leading providers of integrated digital signature features within operational workflows, helping businesses optimize costs and work efficiency. This is a solution that helps optimize sustainable efficiency for businesses. To receive detailed consultation on the application of digital signatures in your business, you can leave your registration information right here:
See more: Why is it necessary to integrate digital signatures into your business’s operational workflow?
