Why Class 3 Digital Signature Certificate is Used for e-Tendering?
Class 3 Digital Signature Certificate is the highly secured type of digital signature certificate and is issued to complete the online transaction and documentation process where the risk of fraudulent is high. E-Tendering is amongst the very sensitive and important processes. Business organizations file their application for various tenders issued by the government departments and other public and private sector companies online using the Class 3 digital signature certificate.
The use of Class 3 DSC for e-Tendering process ensures the safety and integrity of the important documents submitted by the company. It also protects the bid amount of a company from its competitors. Earlier, when the tendering process was used to be done offline, the chances of stealing the bid amount were very high. Most of the times the tenders were given to the powerful people as the others had to withdraw the application because of the terror created by them.
The government departments and other organizations were fed up of the wrong doing in the tendering process. Hence, they made the tendering process online. It has almost become impossible to get the information of the applicants who participate in tendering process. Only the applicant himself/herself, concerned government department and the organization who have released the tender can get the information of the applicant.
Now, only the qualified candidates get the tender. Class 3 digital signature certificate are also used in e-bidding, e-auction, e-ticketing, trademark/patent e-filing and various other process, besides e-tendering. This type of DSC is issued by the Certifying Authorities (CAs) after verifying the applicant’s identity. And for that, the applicants are required to present physically in front of the Registering Authority (RA).
The advancement of information and technology has played a very important role in making the tendering process transparent and free from fraud. And we must thank the inventor of digital signature certificate. It won’t be possible to make online transaction and documentation process safe and secure without this amazing tool.
Best thing about the Digital Signature Certificate is that the information it contains is in encrypted form and can’t be seen by the naked human eye. e-Solutions, the leading digital signature certificate provider in India, offers all types of digital signature under the badges of e-Mudhra Limited and (n)Code Solutions. The organization has so far issued more than 3 Lakhs digital signature certificate to various organizations, chartered accountants, company secretaries, advocates etc. For more info, visit: http://www.esolutions.net.in
The use of Class 3 DSC for e-Tendering process ensures the safety and integrity of the important documents submitted by the company. It also protects the bid amount of a company from its competitors. Earlier, when the tendering process was used to be done offline, the chances of stealing the bid amount were very high. Most of the times the tenders were given to the powerful people as the others had to withdraw the application because of the terror created by them.
The government departments and other organizations were fed up of the wrong doing in the tendering process. Hence, they made the tendering process online. It has almost become impossible to get the information of the applicants who participate in tendering process. Only the applicant himself/herself, concerned government department and the organization who have released the tender can get the information of the applicant.
Now, only the qualified candidates get the tender. Class 3 digital signature certificate are also used in e-bidding, e-auction, e-ticketing, trademark/patent e-filing and various other process, besides e-tendering. This type of DSC is issued by the Certifying Authorities (CAs) after verifying the applicant’s identity. And for that, the applicants are required to present physically in front of the Registering Authority (RA).
The advancement of information and technology has played a very important role in making the tendering process transparent and free from fraud. And we must thank the inventor of digital signature certificate. It won’t be possible to make online transaction and documentation process safe and secure without this amazing tool.
Best thing about the Digital Signature Certificate is that the information it contains is in encrypted form and can’t be seen by the naked human eye. e-Solutions, the leading digital signature certificate provider in India, offers all types of digital signature under the badges of e-Mudhra Limited and (n)Code Solutions. The organization has so far issued more than 3 Lakhs digital signature certificate to various organizations, chartered accountants, company secretaries, advocates etc. For more info, visit: http://www.esolutions.net.in
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