What is an OTP and what is it used for?
The One Time Password (OTP) is a temporary password that can only be used once. It is a one-time code used to verify the identity of a user before accessing a secure system. Once the user’s identity is verified through the OTP mobile system, they can access remote digital signature services.
How does the OTP mobile system work?
OTPs are sent to the signer via SMS directly to their smartphone. The confirmation SMS code helps prevent intrusions, identity theft, fraud attempts, or hacking.
OTP codes are not stored and expire after a limited period of time, reducing the risk associated with static passwords. Dynamic passwords like OTPs represent the most secure method for accessing computer systems. Crucially, they also allow digital signatures to be applied even when you’re out of the office. This system significantly enhances the security of online transactions, especially when dealing with sensitive data, certified operations, and online payments.
What are the benefits of the OTP mobile system?
- Sending an OTP code via mobile does not require purchasing any hardware for generating temporary passwords (e.g., token devices).
- OTP mobile integration can be done rapidly with any programming language.
- Receiving and opening an SMS is easy and immediate for the end user.
And what if we told you that OTPs can also be used to sign contracts without the need for additional writing?
How? Simple, with Advanced OTP Electronic Signature! This signature is the digital equivalent of your handwritten signature, serving the same function as a traditional signature with the same legal guarantees for the signer.
Why choose it?
- Ease, speed, and greater security.
- The digital contract is issued in a single copy, reducing the need for multiple signatures.
- The signature is guaranteed and cannot be forged.
- Digitizing contracts is an eco-friendly solution, significantly reducing paper and energy consumption.
- The contract is immediately registered and stored in electronic archives.
- The contract can easily be shared with other parties.
