A bank led digital signature ecosystem is normally fully sponsored by the bank itself. An outer certification authority may not be needed in this model and bank can use an inhouse ca instead. Since service is offered mainly to either already customer or new customers of the same bank hence a third party for trust management normally becomes redundant. Telecom operator takes part in this model as only mobile network provider which is its specialty.
Banks having this ecosystem built can offer unique services based on their existing systems like web and mobile banking. In addition to that bank can offer service platform to application providers who can offer innovative and exciting services to end users in the ecosystem.
Registration process in this model is such that user has to telecom operator franchise to get wpki enabled sim and then to bank branch to get registered in the system. Another approach could be to distribute sim at bank branch.
Bank led model is quick to start with technically but it is a common observation that banks take huge time in getting things going.
After reading the complete information that you have shared above I am not very much clear with the whole idea. I am confused how this system actually works since there no certificate authority involved.
ReplyDeletedigital signature software