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Digital Signatures.. whats your take

         

Westat1

7:03 pm on Sep 10, 2002 (gmt 0)

10+ Year Member



What is your take on Digital Signatures?
There pros and cons, but is it worth using?

rcjordan

7:09 pm on Sep 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



In my other life I get drawn into quite a few negotiations involving lawyers, CPAs, etc. --some of them fairly intense. To date, I've only had one instance where we used a digital signature, and that was simply a matter of convenience. Everyone I deal with seems to want a signature on a faxed hardcopy backed up by the executed original via overnight delivery.

mivox

7:22 pm on Sep 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I think integrating digital signature technology with online credit card transactions would be a good idea, if it could be established well enough to provide a measure of protection for merchants against chargebacks. Ideally, a digital signature from the online transaction, combined with a delivery confirmation signature collected by the shipping company would be accepted as proof against almost all "damaged shipment," "never received the package" and "didn't place the order" chargeback disputes.

However, when real-life lawyers and contracts are involved, I still don't think they're a substitute for ballpoint pen and a notary seal.

IanTurner

8:44 pm on Sep 10, 2002 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



Depends on the degree of security you want.

You can use signature to biometrically verify the person signing the document at the time of signature. False Acceptance is less than 5% even for a professional forger, this is significantly better than human signature recognition.

Unfortunately you are stuck with the problem of electronic forgery of the signed document.

Cost of signature pads is currently quite high, currently around $50-70 pe unit.

If you're going to use some kind of user verification fingerprint is much more accurate.

Nick_W

8:53 pm on Sep 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I always sign my emails even though no one has signed my keys... I think the more you put it about the more weight it carries...

oh, and it intimidates people ;)

Nick

keyplyr

9:29 pm on Sep 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Everyone I deal with seems to want a signature on a faxed hardcopy backed up by the executed original via overnight delivery

I still don't think they're a substitute for ballpoint pen and a notary seal.

During the Clinton presidency, the digital sig was deemed legal and a contractual binding endorsement, however it hasn't really caught on to wide spread use. I would expect it to be a slow, but eventual transition.

Two years ago, I wished to change DNS info (before this process became a common user-side feature.) The DNR demanded that I print out their form, have my signature notarized, and fax it back to them within a 48 hour interval - LOL
I sent them an email with my requested update, attached my digital sig and a statement from the security company who issued the security certificate stating the legality of digital sigs. This was accepted without rebuttal.

Hawkgirl

9:22 pm on Sep 11, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



We use them as part of our transactions and we have experienced very few problems with them.

The key is to make sure that you and your merchants' lawyers agree FIRMLY as to what constitutes a digital signature.

Also, I've learned that it's wise to discuss beforehand which side is responsible for fines and/or restitution if a "digital forgery" was to occur.