Clinton, who first signed the bill on paper and then on a computer, said he believes that electronic signatures and E-commerce are important to global and national economies. "Companies will have the legal certainty they need to invest and expand in electronic commerce. They will be able not only to purchase products and services online, but to contract to do so," Clinton said.
Electronic signatures are unique pieces of encrypted code that are assigned to individuals to avoid forgery and theft. They can be used for such web transactions financial applications, bills and legal documents. The signatures also use a keybased encryption system with a unique digitally encrypted unique private key that is assigned to each user. Key holders such as businesses or government agencies can only decode the key.
exposed outside the tamperresistant circuitry and inside the housing is battery-backed tamper-protected memory. Operation, module management and access controlare under smart card and PIN protection. WebSentry modules also use smart card components to form Local Master Keys (LMK) that are used to protect certain cryptographic keys when outside the tamperresistant circuitry.
For further information, contact Dave Morrow on