Publication:
Electronic Signatures: Enabling Trusted Digital Transformation

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dc.contributor.authorTullis, Christopher
dc.contributor.authorConstantine, Nay
dc.contributor.authorCooper, Adam
dc.date.accessioned2024-09-23T18:21:05Z
dc.date.available2024-09-23T18:21:05Z
dc.date.issued2024-09-23
dc.description.abstractTrust lies at the foundation of all commercial and administrative transactions, which for centuries have relied upon the handwritten signature for authentication. As transactions are digitalized, the signatures that provide trust in them must also become electronic. The lack of trusted and legally recognized means of authenticating electronic transactions has forced a continued reliance on in-person handwritten signatures, undermining digitalization efforts by necessitating recourse to in-person interaction to complete a transaction. In-person handwritten signatures in the analogue world are not a particularly secure means of authentication. When transactions are digitalized, new security issues arise, as the ease with which digital data can be duplicated or altered introduces additional vulnerabilities that never existed with paper. To address these concerns, electronic signature frameworks provide a means of authenticating the various electronic transactions in a way that facilitates the emergence of a trusted digital economy. This policy note presents electronic signatures in terms of their four main functions: (1) identifying the signer, (2) attributing the signature to the signer, (3) recording the signer’s intent to sign, and (4) assuring the integrity of the signed data and protecting against tampering. Not all transactions require a high degree of assurance of all four of these functions. Indeed, for lower-risk transactions, attempting to assure a high level of trust in all four functions may be counterproductive, for example, if doing so leads to excessive cost or frictions for users that dissuade them from transacting in the first place. Therefore, policy makers should balance priorities between security and usability to ensure widespread adoption of electronic signature solutions.en
dc.identifierhttp://documents.worldbank.org/curated/en/099092224054570235/P1786161b840ae03b189241593a51b83084
dc.identifier.doi10.1596/42186
dc.identifier.urihttps://hdl.handle.net/10986/42186
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDigital Transformation Policy Note Series; September 2024
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectID4D
dc.subjectELECTRONIC SIGNATURES
dc.subjectELECTRONIC TRANSACTIONS
dc.subjectTRUST FRAMEWORK
dc.subjectLEGAL FRAMEWORK
dc.subjectCRYPTOGRAPHY
dc.subjectDIGITAL IDENTITY
dc.titleElectronic Signaturesen
dc.title.subtitleEnabling Trusted Digital Transformationen
dc.typePolicy Note
dspace.entity.typePublication
okr.crossref.titleElectronic Signatures: Enabling Trusted Digital Transformation
okr.date.disclosure2024-09-23
okr.date.lastmodified2024-09-23T00:00:00Zen
okr.doctypePolicy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099092224054570235/P1786161b840ae03b189241593a51b83084
okr.guid099092224054570235
okr.identifier.docmidP178616-b840aed5-22ab-4b3b-8924-593a51b83084
okr.identifier.doihttps://doi.org/10.1596/42186
okr.identifier.externaldocumentum34393848
okr.identifier.internaldocumentum34393848
okr.identifier.report193647
okr.import.id5343
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099092224054570235/pdf/P1786161b840ae03b189241593a51b83084.pdfen
okr.region.geographicalWorld
okr.sectorICT Infrastructure
okr.themePrivate Sector Development,ICT Policies,ICT,ICT Solutions
okr.topicInformation and Communication Technologies::ICT Applications
okr.topicInformation and Communication Technologies::ICT Legal and Regulatory Framework
okr.topicInformation and Communication Technologies::Information Security & Privacy
okr.unitData Infra and Digital Industry (DDTDI)
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