[ad_1]
3 years of free use of PASS App must be installed
Kakao Pay Authentication, ‘National Messenger’ can be issued by KakaoTalk
Photo = Hankyung DB. Reporter Kim Bum-jun [email protected]
As of the 10th, when the public certificate has abandoned its monopoly status and has changed to a “joint certificate”, fierce competition is expected in the market for private digital signature services. 3 national mobile communications companies and Naver(289,500 -1.53%)·cocoa(385,000 -1.16%) Information technology (IT) companies, for example, are struggling to take the lead as they rush into the private certification market.
As reported by the Ministry of Science and Information and Communication Technology on the 7th, on the 10th the revised bill of the Executive Decree of the Electronic Signature Law will come into force.
Consequently, the official certificate disappears from its monopoly status and the name is changed to “joint certificate”. The joint certificate has the same status as the private certificate, but it is observed that the private certificate will replace the existing public certificate as the issuance process, as well as authentication and reissue are difficult.
Currently, private certificates that can be used in Korea include PASS, Kakao, Naver, and Payco.
Among them, the ‘PASS authentication’ service provided by the three mobile operators is the leader. SK Telecom(239,000 -0.21%), KT(24,150 -1.02%), LG Uplus(11,450 -3.38%) According to the three mobile operators, the cumulative number of PASS certificates issued in April last year exceeded 20 million at the end of last month. The increase has been pronounced since the revised Electronic Signature Law bill was approved in May.
The PASS certificate has a simple authentication process and high security. If you perform biometric authentication such as a 6-digit PIN or fingerprint in the PASS app (app), it can be issued in one minute and the issued certificate can be used free of charge for three years.
“The PASS application has a structure that duplicates the authentication of the name and the authentication of the device based on the subscription information of the mobile phone,” said the mobile operator.
Pay attention to the PASS app though because there are additional services provided for a fee. In addition to the basic service of simple automatic authentication, it provides a number of payment services, such as health information, real estate and stock information, so it is recommended to examine and use it carefully.
There is also the Kakao Pay authentication service. The Kakao Pay certification was already the first in Korea to be launched in June 2017. At the beginning of this month, the number of users exceeded 10 million. The biggest advantage is that it can be used in conjunction with KakaoTalk, a ‘national messenger’ without having to install an application.
Users may have a problem by tapping the ‘More’ tab in Kakao Talk and moving to the Kakao Pay screen. If you need to verify your identity through a certificate, you just need to go through the authentication process through a KakaoTalk app or message. Kakao Pay authentication can be used when using △ Simple authentication △ Simple login △ Automatic signature △ Electronic signature for important documents △ Automatic transfer and withdrawal consent.
Kakao Pay has improved security by applying blockchain technology that cannot be forged or tampered with to public key infrastructure (PKI) digital signature technology that is the same as the public certificate. However, the validity period is 2 years, which is 1 year shorter than the PASS certificate.
Naver entered the certification market in March and currently has more than 2 million issues. As a newcomer, the authentication service started late, but it is aggressively expanding the market by increasing the number of affiliates to 47.
Like Kakao, Naver also offers a certification reading service for electronic documents and invoices from public and private institutions. After verifying the electronic invoice, it is convenient to pay with Naver Pay.
Additionally, the ‘Toss Certificate’ was launched in 2018 by Viva República, which operates the Toss financial service. In September, the cumulative number of issues registered 17 million. In the last two months, the number of users has exploded, increasing 6 million and exceeding the accumulated 23 million, showing rapid growth. By installing just one app, you can easily complete personal authentication with biometric authentication such as fingerprint or PIN number.
NHN(72,800 + 0.97%)Payco also launched the ‘Payco Certificate’ in September. Payco Certificate provides a ‘simple digital signature’ service for tasks that require electronic signatures, such as automatic authentication services such as ID lookup and password lookup, and collection transfer agreement, financial product underwriting and electronic document verification. It is characterized by improving security by storing usage history, such as issuing certificates on the cloud blockchain through cooperation with Samsung SDS and blockchain technology.
Currently, the domestic electronic certificate market is not large at 70 billion won, but it has the advantage that it is easy to earn commissions and expand business models if the market takes the lead.
The government plans to apply the private digital signature certificate from the year-end 2020 agreement, which will be implemented early next year. Consequently, competition in the domestic market for private certificates is expected to intensify.
An official from the Ministry of Science and Technology said: “Currently, five companies, including Kakao, KB Kookmin Bank, NHN Payco, Pass and Korea Information Certificate, have been selected as candidates for the private electronic signature pilot business.” “Said.
Journalist Jo Ara Hankyung.com [email protected]
