Why India Absolutely Needs Digital Signatures?

This is dedicated to everyone who went through too many hassles because digital signatures are still considered with a wary eye.

In the simplest terms, digital signature is a legally valid electronic fingerprint substituting wet signature. It allows digital authentication of documents which otherwise would have to be needlessly printed out and physically signed. This reduces the time, money and efforts invested in doing voluminous paperwork. Digital signature, unlike its physical counterpart cannot be extracted, copied or stored. It is legally valid and non-repudiated in the Indian court of law.

According to research firm MarketsandMarkets, the global digital signature market will be worth 2.6 billion dollars by 2021, almost a four-fold increase from last year. In India, adoption of digital signatures is on a steady rise. In fact, central and state governments like Andhra Pradesh and Kerala have already started using digital signatures to expedite all process.

Presently, India is bullish on showcasing itself at par with its global counterparts with various initiatives like Digital India, India Stack and DigiLocker. Such initiatives have helped India grow into an almost cashless economy and at the same time reduce our dependency on paper. Though India has started appreciating digital signatures and its numerous pros, the country is still far from embracing it on a larger scale. I have listed below a few points which states that it is high time for India to realize the importance of digital signatures and make it a norm.

Digital Signatures for a paperless India

Digital signatures play a crucial part in pushing India towards being a paperless country. Paper based documents are vulnerable to being misplaced or damaged. With digital signatures, documents can be easily shared with different hierarchy levels for approval within no time and once these documents are signed, they can be stored digitally. This enables easy access to the required documents from anywhere, at any given time and also reduces the need for storage infrastructure.

Moreover, digitally stored documents drastically reduce the time for manually searching a document thus enhancing the productivity and profitability of any entity.

Digital Signatures to reduce carbon footprint

The paper consumption in India is a whopping 13 million tons. This number can be lowered significantly by integrating paperless solutions to avoid the unnecessary printing of papers resulting in reduction of India’s carbon footprint.

Digital Signatures improves ease of doing business

In a recent World Bank report titled ‘Doing Business 2017: Equal Opportunity for All’, getting a digital signature is the first and most important parameter to rate countries for setting up operations in India. Encouraging adoption of digital signatures will help to elevate India’s rankings. The government is in touch with companies providing digital signatures to be able to accelerate this process to improve its global standings.

To make our Prime Minister’s vision of ‘Digital India’ a reality, it’s time for us to adopt digital signatures without skepticism and make it a truly digital nation.

Source: bbwdisrupt.businessworld

Where can I purchase a Digital Signature Certificate?

Legally valid Digital Signature Certificates are issued only through a Controller of Certifying Authorities (CCA), Govt. of India,licensed Certifying Authorities (CA), such as eMudhra.
eMudhra, a Certifying Authority (CA) licensed by CCA, offers secure digital signatures through various options tailored to suit individual as well as organizational needs.
You may purchase Digital Signature Certificate (DSC) through Authorised Registration Authority of eMudhra : Ishika Technologies www.digitalsignature.in Call +919432644547

How does a Digital Signature Certificate work?

A Digital Signature Certificate explicitly associates the identity of an individual/device with a pair of electronic keys – public and private keys – and this association is endorsed by the CA. The certificate contains information about a user’s identity (for example, their name, pincode, country, email address, the date the certificate was issued and the name of the Certifying Authority that issued it).
These keys complement each other in that one does not function in the absence of the other. They are used by browsers and servers to encrypt and decrypt information regarding the identity of the certificate user during information exchange processes. The private key is stored on the user’s computer hard disk or on an external device such as a token. The user retains control of the private key; it can only be used with the issued password.
The public key is disseminated with the encrypted information. The authentication process fails if either one of these keys in not available or do not match. This means that the encrypted data cannot be decrypted and therefore, is inaccessible to unauthorized parties.