Featured Image Caption: Public Key Infrastructure
The PKI can actually control the ways in which the businesses do their work and run their organizations. It is a well proof security mechanism, and it ensures that all online transactions and messaging are authenticated and safe enough. It helps to get some of the e-commerce, which will help to get rid of the major concern of fraud in anything online.
Where Does the Term PKI Come From?
The Public Key Infrastructure has been able to keep a high profile in recent times; the history of this technology is dated at least 30 years back. They have been able to combat some of the major concerns by doing some online business. This method was originally invented in GCHQ; it is the top-secret communication center of the government. The United States of America took the idea further, and they developed a better PKI for everyone. It has helped the people in the corporate company and make some property.
How does it work?
The PKI has 2 main goals, and it guarantees you the information that someone else is sending you is confidential and extremely private. It also ensures that the person who sends you the message is actually who they say they are. Someone who is taking part in the PKI must know that their message is being encrypted and sent to the others. Some might also be aware of the fact that a PKI has two keys; one of them is a private key, and the other one is public. The private key can only be used by the owner and no one else, while the public key is the key which the senders would also use to send you a message or any money or anything. At the same time, you can use your private key to decrypt or decode the message that you are being sent.
Why is PKI Important?
The PKI is very important as far as e-commerce is related to it. It is because the people are often worried about the online transactions, and anything is done online, in order to make them feel very safe, it is an important way to introduce PKI to e-commerce. The PKI system is mainly very significant to all B2B businesses, in the matter of transaction of the high value of money.
Who is involved in this?
Various financial organizations and banks are trying to jump into the idea of the PKI kind of bandwagon, and some of the bigger organizations are still not able to figure out the correct use of it. Hence some of the certificate authorities are trying to promote PKI using this weapon. These certificates are trying to spread a word about PKI all over the world.
What is the kind of challenge?
The challenge related to the PKI is very variant, mainly to spread the concept more among the people and educate more and more people about it. Online trading and online shopping have been here for quite some time now, but people are still afraid of the frauds that happen online. On the one hand, where the people are afraid to accept the online shopping facility, on the other hand, the banks and the financial institutes are looking forward to laying their hands on the PKI system.
If you are into e-commerce, let me tell you most of your customers are not even aware of it. It is very certain that the government and the other authorities are trying to get involved with PKI, and even they are trying to PKI. But before the government gets involved in it, it is important we try our customers to make this concept clear.