Future of DSC & e-Sign

With Digital India’s major objective of “Faceless, Paperless, Cashless” status, the Indian government has made it a point to include almost all segments of the country under the vast umbrella of digital payments services.

One of the benefits of Digital India initiatives is that it has made it possible for people from all over the world to communicate with each other and conduct business smoothly with the ease and security of Digital Signatures. The IT Act of 2000 has deemed it a legal statute same as any physical signature. A very recent initiative of the Indian Government is the Aadhar based e-Sign with which the common man can easily apply and sign documents from any location at any time.

Read more about Digital Signatures and Aadhar based e-Sign in our blog titled “Difference between Digital Signatures & Aadhar based e-Sign”.

Gaining importance of DSC & e-Sign

Safety and privacy are two utmost concerns of people in this fast paced digital world. Digital Signature or e-Sign provides a safe, secure, authenticated, and verified medium for the transfer of private information or data. Digital signatures are backed with the PKI-based technology where a Digital Signature Certificate (DSC) is issued against the application of an individual signer. The DSC comes in the form of a USB e-token and a pair of two asymmetric keys. The private key is used to encrypt the document and the public key is used to decrypt the document by the end user. This mechanism ensures that data shared via an online platform remains free of any tampering and works as a proof that the document and the signature is original.

In the case of Aadhar based e-Sign, people can conveniently sign a document online if they hold a valid Aadhar Card and its registered mobile number. The e-KYC enabled process helps the Aadhar owner receive an OTP every time they opt to sign a digital document. This feature ensures that the sign is original and that the document has been signed by a verified person.

What is the future of DSC & e-Signatures?

Mass digitization has made lives easier, faster and convenient. This has led to the birth of innumerable digital customers who demand smooth and easy online services from any location and at any time. India is moving towards a paperless nation and huge documentation has undergone the digital revolution and people have come to realize the importance of DSCs and e-Sign as a solution to their numerous problems. Here are are some of the top reasons why the future of DSC and e-Signing solutions look brighter:

• Cost-Cutting

Companies and organizations undergo various expenses on a daily basis. Smart saving or cutting out extra expenses is a necessity. A DSC or e-Sign saves a good amount of money when compared to increasing cost of other services like the cost of paper, printing, mailing documents from one place to another, or any person physically traveling to merely sign a single document.

• Time Saving

There are far more important things to consider than cracking one’s brains up on signing a single or volumes of documents. Digital signatures have made it possible for people to sign documents at a time of their convenience and within a matter of a few seconds.

• Environmental Friendly

With the digitization of signatures, we are saving a remarkable number of trees being chopped down and used in paper making. As the saying goes “Less is more”, digital signatures come handy when it comes to signing documents in no time, storing them without any damage and sending them without having to pay a penny.

• Safety & Privacy

Each digital signature is unique to a signer. In a DSC, the digital signature certificate is a verified proof of the signer, thus ensuring that the documents and the signature on it are original, and that the documents are transferred without any fear of tampering. An Aadhar based e-sign, on the other hand, is unique to every individual holding a valid Aadhar Card. The e-KYC feature ensures that the OTP is sent to the registered mobile number without which the digital document cannot be signed.

• Ease of Documentation

Mails, bills, invoices, accounts, letters, etc. a lot of documentation is undertaken in every organization. It is very important to ensure that the documents are kept with utmost care. Physical documents most of the time are vulnerable to misplacement or damage. Using digital signatures helps you deal with such problems and allows you to store huge amounts of data without the fear of losing them.

How is XtraTrust the best online portal for your DSC application?

XtraTrust DigiSign Pvt. Ltd. is a licensed Certifying Authority in India as per the Indian IT Act, 2000. With the legal responsibility bestowed upon us, we have a pan-India presence, catering to individuals, Private as well as Government organizations, in issuing valid Digital Signature Certificates (DSC).

Anyone can easily apply for a DSC online by following the simple steps as given on our flexible interface. Both online and offline applications are available for different classes and types of DSC.

Here are three processes through which a DSC can be acquired:

• The applicant with their original documents can approach the CA directly. These documents may be needed for verification purposes.
• Whether the applicant or the CA belong to different locations or they are working at a different time zone altogether, you can easily apply for a digital signature certificate online. This virtual application is possible through Aadhar e-KYC where no supporting documents are required.
• An applicant can also produce a certificate issued by the Bank mentioning the requirement of a DSC. In such a case, the bank official needs to verify the digital signature and the certificate must be certified by the bank manager.

Key Takeaways

• The emergence of DSC and e-Signing facilities have helped solve the two important concerns of humans : safety and privacy.
• The ease of being able to sign documents without actually being physically present is one of the most important reasons for which people are increasingly demanding DSC and e-Signing services.
• With India’s march towards complete digitization and the many benefits of choosing a digital signing process, the future of Digital Signing Solution companies looks brighter.