Don’t you think there must be some “Better than I thought of” kind of benefits why so many people choose Private Limited Company over so many other types of registrations out there?
A Digital Signature gives the receiver reason to believe the message was sent by the claimed sender. Digital signatures are equivalent to traditional handwritten signatures in many respects, but properly implemented digital signatures are more difficult to forge than the handwritten type. Digital signature schemes, in the sense used here, are cryptographically based and must be implemented properly to be effective. Digital signatures can also provide non-repudiation, meaning that the signer cannot successfully claim they did not sign a message, while also claiming their private key remains secret.
Further, some non-repudiation schemes offer a timestamp for the digital signature, so that even if the private key is exposed, the signature is valid. Digitally signed messages may be anything representable as a bit string: examples include electronic mail, contracts, or a message sent via some other cryptographic protocol.
Digital signatures can provide evidence of origin, identity, and status of electronic documents, transactions, or digital messages. Signers can also use them to acknowledge informed consent.
Digital signatures are based on public-key cryptography, also known as asymmetric cryptography. Using a public key algorithm, such as RSA (Rivest-Shamir-Adleman), two keys are generated, creating a mathematically linked pair of keys, one private and one public.
Digital signatures work through public-key cryptography’s two mutually authenticating cryptographic keys. The individual who creates the digital signature uses a private key to encrypt signature-related data, while the only way to decrypt that data is with the signer’s public key. DSC;s are used to sign Company’s forms, ROC forms, IT returns etc.
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Certificates serve as proof of identity of an individual for a certain purpose; for example, a driver’s license identifies someone who can legally drive in a particular country.
Likewise, a digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet, or to sign certain documents digitally.
Digital Signature Certificates or DSC or Digital Signature are being adopted by various government agencies and now is a statutory requirement in various applications.
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