Monday, March 30, 2020
ETRI Develops Touch Sign for Accredited Certification
“Touch Sign”
ETRI Develops Touch Sign for Accredited Certification
  • By matthew
  • January 15, 2014, 05:09
Share articles

The device on the keychain, the YubiKey NEO, is a near-field communication device that can be sensed and used as a signature when held next to a device with near-field communication technology.
The device on the keychain, the YubiKey NEO, is a near-field communication device that can be sensed and used as a signature when held next to a device with near-field communication technology.

 

The Electronics and Telecommunication Research Institute (ETRI) has developed a new certification method for smartphone-based financial transactions. Named Touch Sign, this technology is expected to address the problem of the theft of accredited certificates reaching over 10,000 in number a year. 

The institute announced on January 14 that the innovative certification technology allows electronic signature and transaction logins when a user touches his or her smartphone with a cash card, a debit card, or the like with a built-in security function. The Touch Sign incorporates NFC security module control technology, user terminal certification technology, card-based user certification technology, electronic signature technology for face-to-face transactions, and mobile certification management technology. It is regarded to be highly convenient yet still secure. 

At present, most accredited certificates are present in the form of a file stored on a PC, and are not free from infection with viruses and malignant code and intrusions by hackers. 

In contrast, with the Touch Sign, the certificates can be stored on a USIM card or micro SD of a smartphone with enough security. Also, these can be put in an NFC card, as with a public transit card, and thus can be free from smishing.