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Towards greater transparency and secure model usin

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wabbit View Drop Down
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Joined: 11 May 2010
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  Quote wabbit Quote  Post ReplyReply Direct Link To This Post Topic: Towards greater transparency and secure model usin
    Posted: 11 May 2010 at 6:36am
An options trading broker needs a digital certificate to ensure that the communication line used by him is highly secure.  Actually, digital certificates are digital Ids used to present credentials online and to further authenticate the public keys.  As is evident so far, the security system is dependent on the exchange of 'keys' between the two parties intending to do business or to exchange confidential information.

In keeping with the need of today's business environment and the proliferation of netpreneurs, a trusted third party need to act as the custodian of a 'public-key', more popularly known as the 'certificate authority' (CA).  Actually, it performs the function involved in issuing a digital certificate.  Thus, the 'Id' certifies that the public-key attached to the certificate belongs to the stated party.  In other words, it provides a 'digital signature' to the public-key.

The steps taken to obtain a digital certificate are identical to that involved in getting a 'digital signature', with the addition of the following:
Sender submits his public-key to a certificate issuing authority for example, like Verisign, alongside the necessary proof of identity
On the receiver's request, the certificate authority will provide a 'digital certificate'
The receiver decrypts the digital certificate to obtain the public-key of the sender and uses it for data transfer

Secret-key encryption, public-key encryption, digital signature and digital certificates are actually enabling technologies developed to provide the 'security solution' to ensure the privacy, integrity, authenticity and non-repudiation of data being transmitted over the net.  A transaction thus requires a combination of these encryption technologies to provide comprehensive security coverage.  Thus, all options trading platforms require a security design that can be conveniently implemented and that which requires minimal processing and computation while simultaneously providing adequate security.
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Victor Subrun View Drop Down
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  Quote Victor Subrun Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2011 at 3:49am
In keeping with the need of today's business environment and the proliferation of netpreneurs, a trusted third party need to act as the custodian of a 'public-key', more popularly known as the 'certificate authority' (CA). Actually, it performs the function involved in issuing a digital certificate. Thus, the 'Id' certifies that the public-key attached to the certificate belongs to the stated party. In other words, it provides a 'digital signature' to the public-key.
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Guests View Drop Down
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  Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: 31 Mar 2011 at 9:11am
Dubai took an unprecedented step towards openness yesterday with its first quarterly update on the local economy and restructurings at some of its biggest business groups. In attendance were Sheikh Ahmed bin Saeed Al Maktoum, the chairman of Emirates Airline and president of the Dubai Department of Civil Aviation; Ahmed Humaid al Tayer, the governor of the Dubai International Financial Centre; Mohammed al Shaibani, the director general of the Dubai Ruler's Court; and other top government officials. Sheikh Mohammed bin Rashid, the Vice President of the UAE and Ruler of Dubai, also attended.
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