This model is based on one rule that each participant of the ecosystem does what it can do best. So a telecom operator is responsible in this model only for providing wpki enabled sim to its customers and then guaranteeing mobile network uptime for delivering messages. Banks and financial institutions deal with financial matters and payment techniques. And last but not the least the independent and already established certification authorities provide trust management systems in this model.
This is a many to many model and theoretically sees no restrictions on adding up more and more players in the ecosystem hence proving to be ultimately a global (or locally global) system.
Update: A closer and more description model is presented by Dr. Yaseen of PTA (Pakistan Telecommunication Authority) here.
This is a many to many model and theoretically sees no restrictions on adding up more and more players in the ecosystem hence proving to be ultimately a global (or locally global) system.
Update: A closer and more description model is presented by Dr. Yaseen of PTA (Pakistan Telecommunication Authority) here.
The concept and idea of this model is very convincing and offers a great level of security. And when money is involved we all wanted to be more safe and secure. Thanks for briefing up about this digital signature system.
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