3i Infotech To Roll Out Digital Signatures With eMudhra

3i Infotech, a global information technology company, has announced the launch of eMudhra, an initiative to roll out digital signatures. With eMudhra, 3i Infotech will transform the way various transactions are conducted online and empower Indian consumers to use technology beyond basic services.

eMudhra would be offered through 3i Infotech Consumer Services, a wholly-owned subsidiary of 3i Infotech. 3i Infotech Consumer Services has been granted licence by Controller of Certifying Authorities, Department of Information Technology in the Ministry of Communications and Information Technology, Government of India for offering digital signatures to retail consumers.

As eMudhra would provide a secure and authentic way to send and file forms and instructions electronically, over time it would move a number of paper-based transactions into electronic transactions. For example, while hitherto even after online tax filing one has to send a signed physical form separately, digital signatures will obviate the need for sending physically signed forms. Looking at another example, while hitherto banks restricted the amount for online money transfer to smaller amounts, with digital signatures they would be able to transfer any amount. Basically, the use of digital signatures can open up many opportunities for e-governance and commercial transactions.

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Ravi Jagannathan, managing director and CEO, 3i Infotech Consumer Services, said, “eMudhra will revolutionise the way an individual performs his day-to-day financial and legal functions. We are confident that this initiative will benefit Indian consumers and keep them at par with consumers of any developed economy.”

eMudhra digital signatures are powered by public-key infrastructure (PKI) technology, widely recognised as best practice for ensuring digital accountability for electronic transactions, thereby making eMudhra digital signatures a secure and easy-to implement method for enabling electronic transactions, while adhering to the important requirements of authentication, integrity, confidentiality, non-repudiation and legality. ( www.moneycontrol.com)