DSC ( DIGITAL SIGNATURE CERTIFICATE)

Benefits of a Digital Signature Certificate
Apart from authenticating the certificate holder’s identity, an online digital signature helps in the following ways:

Authentication:

When conducting business online, a DSC helps in authenticating the personal information of the individual holder.

Enhanced security:

The DSC’s enhanced security features avoid unauthorised access to your documents and records. No one can forge your signature, tamper with the records, or change the contents of your paper. Your DSC verifies and authenticates the signature.

Reduced cost and time:

Digital signatures ensure a smoother workflow in an organization by limiting the time and cost spent on signing documents and contracts. Documents can be signed by the required persons in a click of a button. This is especially useful when the signer is located in a different area and there is no dependency for him/her to be physically present.

Data integrity:

Digitally signed documents cannot be changed or modified after they have been signed, making the records safe and stable. These certificates are often required by government entities in order to cross-check and validate business transactions.

What Is a Digital Signature Certificate? An Overview:
A digital signature certificate (DSC) is a secure digital key issued by recognised certifying authorities to validate the identity of the certificate holder. A digital signature certificate (DSC) includes information such as the user’s name, pin code, country, email address, certificate issuance date, and certifying authority’s name.

Types of Digital Signature Certificate-

1.Class 3:

The Class 3 DSC is now mandated to be used for all types of transactions in India. It is issued to individuals and organisations that want to participate in bidding for government tenders or online tenders and auctions. Sometimes, applicants may be expected to be physically present before their CAs to receive a Class 3 certificate.

2.Class 3 Combo

e-Procurement facilitates, integrates, and streamlines procurement processes. From buyer to supplier and even back. Approved under the Information Technology Act, and with legal status, a Digital Signature Certificate is essential for all e-Procurement processes.
Applying for a government tender online has many advantages. Since documents are uploaded to a central site, acknowledgements and receipts are provided immediately. Which is not the case with paper documents that need to be scanned and verified before being processed.
e-Procurement has gained significant popularity and acceptance as it brings greater transparency to the whole system. Among other benefits, it helps buyers and bidders overcome geographical limitations, reduce procurement cycles, and overall helps keep pace with present technology.
Any organisation that is looking to apply for any Government eTender needs to have a Class 3 Digital Signature Certificate registered in the name of a representative who is authorised to submit online offers for e-Tendering applications.

3- DGFT Digital Signature

Digital signature for Foreign Trade (DGFT) has now made it easy for the Export and Import Organizations to make the best use of Digital Signature Certificate for the authentication of the documents.

DGFT holds a dedicated DGFT site to upload electronic documents in one place. This helps foreign organizations (IET) to keep their online transactions secure. With the increase in the number of online transactions of foreign organizations, DGFT asks the users to pick a class 3 Digital Signature Certificate as it can prevent fraudulent practices easily.