With new demands and changing user habits requiring more flexible and mobile digital transformation tools such as electronic document signing, the Remote Signing model and HSM-based signing are gradually replacing traditional USB token-based signing methods.
USB token-based signing is becoming obsolete
Digital signature services play a crucial role in digital transformation and are the first essential tool that organizations and individuals must equip themselves with in the digitalization process. However, the currently popular USB token-based signing methods have many significant drawbacks such as poor compatibility, dependence on device connection ports, lack of mobility and flexibility, and unsuitability for organizations with large signing needs or those requiring simultaneous signing of multiple electronic documents.
Meanwhile, technology and pandemic-related lockdowns have required people to work remotely, handle business, and interact with customers anytime, anywhere, on any device. A critical solution for signing electronic contracts, transactions, and documents, such as digital signatures, seems to be lagging behind the new requirements. Moreover, USB tokens or smart cards have low security levels, no longer meet the standards of many countries, and are at risk of being phased out in the near future.
Remote signing is the future of digital signature
Switching to the Remote Signing model and HSM-based signing will be a reasonable alternative and will become increasingly popular. Only remote signing can enable users to sign anytime, anywhere, on any device with superior reliability and security, without worrying about storing key storage devices or finding suitable connection ports.
Remote signing models also allow for the development of high-speed digital signature systems, capable of simultaneously signing multiple documents and papers through automated processes, completely eliminating time-consuming manual page-by-page signing. Advanced signature forms such as timestamped signatures and signatures using long-term validation (LTV) technology can also be easily integrated into this remote signing model.
SAVYINT – The first Qualified Trust Service Provider (QTSP) for digital signatures and electronic seals following the Remote Signing model in Vietnam
With QTSP certification for providing remote signing services in accordance with EU eIDAS regulations, SAVYINT’s digital signature and electronic seal services will be widely recognized in the 27 member states of the European Union. Moreover, in compliance with Vietnamese law such as Decree 130/2018/ND-CP and Circular 16/2019/TT-BTTTT on the list of mandatory technical standards applicable to digital signatures and electronic authentication services using mobile device signing and remote signing models, SAVYINT fully complies with and exceeds the requirements for system management, operation, and security. Equipped with a SAM module that meets CC EAL4+ certification with EN 419 241-2, SAVYINT’s remote signing system ensures the highest level of security for users’ signing keys stored on secure HSM devices compliant with EN 419 221-5, which resists attacks using the advanced SCAL2 authentication mechanism.
Therefore, we have the full capacity to provide remote signing services in both Vietnam and the European Union. By using SAVYINT’s digital signature services, organizations and businesses will have a significant competitive advantage when signing with European partners, promoting the development of cross-border electronic transactions and e-commerce, especially in the context of the pandemic hindering traditional trade.
In addition, SAVYINT/TrustCA is also the first and only provider of timestamping services in Vietnam with TrustCA Timestamp. With these conditions, SAVYINT’s digital signature and electronic authentication services can provide the highest level of protection against fraud and forgery in electronic transactions, ensure legal validity for electronic storage, validate documents long-term and reliably even after the digital certificate expires, and completely replace paper documents, eliminating the need for daily printing and archiving.
Furthermore, we have been and are providing an ecosystem of technological solutions for electronic documents and transactions with outstanding features that comply with both Vietnamese regulations and international standards, which no other provider in Vietnam can match from eContract, SAVYINT Paperless, SAVYINT eKYC electronic identification, to electronic digitization and archiving – SAVYINT eArchive,…
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