FB pixel

UK businessowners see qualified certificates as expensive, not worth the effort

UK businessowners see qualified certificates as expensive, not worth the effort
 

Cost is the most meaningful hurdle to be surmounted in efforts to make qualified digital signatures commercially viable in the United Kingdom, according to an Open Identity Exchange presentation.

A slide displayed during the short presentation showed the advancing levels of digital signature standards and the continuous perception among businesses that the technique is too pricey for what it delivers. The presentation took insights from a new paper released today by OIX on the ‘Market Opportunities for eSignatures with a Qualified Certificate based on Digital Identities.’

Simple electronic signatures have the least evidential weight, followed by simple digital signatures with two-factor authentication, and then advanced electronic signatures.

Qualified certificates are public key cryptographic documents created by a qualified trust service provider.

In the UK, the industry is trying to get businessowners to accept advanced electronic signature with qualified certificates and qualified electronic signatures, a bit of trusted software on par with so-called wet ink on a paper document.

On advanced digital signatures, the UK is trailing its own member nation Scotland and the European Union, according to Pippa Whitmore, legal director of the law firm Pinsent Masons. Whitmore spoke during the presentation along with Gareth Narinesingh, head of digital identity for facial recognition provider and Mitek holding HooYu.

Whitmore acknowledged that cost is an issue but said that that might be more perception than reality without offering comparisons. It does not help, she said, that there is a lack of understanding and inertia among UK businessowners.

Narinesingh did not disagree with that assessment but said it will be changing in the near future.

The number of early use cases the pair presented was small but solid: cross-border trade and the many documentary entanglements people and businesses find themselves in as they buy and manage properties.

Whitmore noted deeds, wills, and job contracts among those people could benefit from digital, trusted signatures. Many businesses have similar headaches — deeds, property conveyances and rental agreements – that could be less troublesome if digital signatures were standard tools.

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

ACCS announces participants in Australia’s Age Assurance Technology Trial

In keeping with its philosophy of transparency by default in running Australia’s Age Assurance Technology Trial, the Age Check Certification…

 

DPI-as-a-Packaged Solution marks major milestone with Trinidad and Tobago rollout

The first ever implementation of DaaS — DPI-as-a-Packaged Solution — is going live in Trinidad and Tobago in a test…

 

AI agents spark musings on identity, payments and wallets

AI agents continue to attract attention, including in the digital identity industry, which sees an opportunity for innovation. Their importance…

 

Trump deregulation is re-shaping the future of biometric surveillance in policing

The advent of AI has exponentially increased the capabilities of biometric tools such as facial recognition, fingerprint analysis, and voice…

 

World expands Android support for World ID credentials

World’s positive relationship with Malaysia continues, with the launch of Android support for World ID Credentials in the country, following…

 

Sri Lanka national data exchange to connect digital ID and public services

A fully developed foundational ID system, including citizen registration, may take 18 to 24 months for Sri Lanka to implement,…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events