Discuss the main similarities and differences between PKI regulation in Hong Kong and other jurisdictions.

Encryption has been utilise as a means of fearless conversation for centuries. In recent years it has played a major(ip) part in conducting warfare and now in the twenty- eldest century it has an added importance in the field of e-commerce. The borderless nature of the refined sugar is a double-edged sword. On the one hand for the setoff time in history it allows designrs to transact with the whole world while on the other it could be a haven for potential fraudsters tincture to dupe the inattentive user. The PKI system has been developed to allow much(prenominal) proceedings to go ahead by giving undertake parties somewhat form of security as to the identity of the other. The do digital Signature Act was the first piece of formula enacted in this area. The act deals with the legal effect of digital signatures and too deals with the licensing and duties of authentication authorities. The Electronic Transactions Ordinance 2000 is Hong Kongs equivalent. Like most dig ital signature legislation, the Electronic Transactions Ordinance adopts an asymmetric cryptosystem as inappropriate to symmetric cryptosystem. In the latter a single primordial is use to encrypt and decrypt a message. Not surprisingly such(prenominal) a system is more limited and burnnot be use en masse. However, asymmetric cryptosystem involves a bring up out pair.

A private key is employ by one soul to encrypt a message and a public key is used by another to decrypt it. Such a system can be more widely used and is therefore sublime for online transactions. One additional feature approximately the ETO is that it establishes an open PKI just like the universal time legis! lation upon which it is based. down the stairs this system an applicant obtains a key pair from a certification authority (CA). The CA exit issue a certificate to confirm the identity of the... If you privation to get a full essay, order it on our website: BestEssayCheap.com

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