Through these service offerings, PAA hopes to generate the following benefits for the participating companies
Currently, the working group has developed a common certificate policy. This certificate policy (CP) will serve as the minimum requirements for all the member certificate authorities to work on. Other policies such as test assessment and the recognition of CP standards are completed. The alliance is targeting to have at least one Certificate Authority from each member country to be certified and participate in the PAA.
In the past decade, most economies have established their own legal and regulatory framework to support digital signatures to conduct e-business within their own territory. Yet the surge in international trading activities in the region has triggered lots of cross-border electronic transactions that call for security and assurance with legal protection. The lack of a common framework for international electronic transactions has prohibited/deterred trading entities to carry out cross border business dealing.
One of PAA’s missions is to promote and facilitate secure cross border electronic transactions for its customers, it is therefore essential for PAA to address the aforementioned issues. Based on the international standard and best practice, PAA has developed a CA Mutual Recognition Scheme. The scheme composes of a legal and a technical framework to enable electronic trading and logistic activities within the Alliance. Under these frameworks, PAA has established a certificate policy authority – the Pan Asian Certificate Policy Authority (“PAA Policy Authority”) - to govern and oversee the usage of digital certificate for all electronic transactions among the PAA members.
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