Opportunities in the Market for Digital Signatures

The digital signature binds the identity of a person or team with a message or electronic document, to ensure authorship and integrity. The recognition of digital signatures provides security for electronic transactions, promoting e-commerce.

According to the president of the Chamber of Information Technology and Communication (Camtic), Alexander Mora, new rules should be established for its inclusion in the private sector.

An article in Elfinancierocr.om notes: "Mora criticized the way that decisions are focussed on the technical side and that this contributes to maintaining the monopoly that the Central Bank has over being the only entity authorized to issue digital certificates in the country.

'The rules for participation are not clear. There are no incentives to attract private certification bodies and develop applications because it so targeted towards the banking system", he said."

Source: elfinancierocr.com

More on this topic

Costa Rica: Use of digital signature starts in March 2009

December 2008

It is expected that public and private banks will start to distribute the first digital certificates in March 2009.

These certificates are a part of the digital signing process which includes the creation of a complex system in which digital signatures will have the same validity as physical signature.

Digital signature in Costa Rica faces uphill struggle

January 2009

The implementation process for digital signatures still has a long path of activities and processes to complete.

The article by Carlos Cordero Pérez on the financierocr.com points to multiple steps to complete and obstacles to remove, including "the purchase of smart card with the digital signature", "authorization of bank branches to distribute them."

Digital Signature Active in Costa Rica

August 2009

A digital signature associates the identity of a person or device with a message or electronic document, authenticating it and verifying its integrity.

The recognition of digital signatures grants security to electronic transactions, fostering digital commerce.

"This project is lead by the Directorate of Digital Signature Certification Companies and the Ministry of Science and Technology (MICIT).

New State Procurement System Will Operate in 2010

July 2009

Costa Rica's new state procurement website is scheduled for February 2010.

Grupo ICE, together with the Technical Secretary for Digital Government and the State Procurement System of Korea will implement the system, so-called Mer-Link.

Krissia Morris writes at Prensa Libre's website: "The first module includes providers registration and product catalog.