Widely Used In Financial Transactions, Are Electronic Signatures Recognized?

Illustration of signatures (Photo: Pexels)

YOGYAKARTA Massive development of digital technology has penetrated every sector, including the application of electronic signatures. Currently, electronic signatures have been used in various ways, including carrying out financial transactions. So, what is electronic signature? Is electronic signature recognized? The answer to the question can be seen in the following article.

Electronic signatures (TTE) or digital signatures are signatures made with an asymmetric cryptographic system using public key infrastructure.

According to Law Number 11 of 2008 concerning Electronic Information and Transactions (UU ITE), electronic signatures are defined as signatures consisting of attached electronic information, associated with or related to other electronic information which is used as a verification and authentication tool.

Quoted from the official website of the Ministry of Communication and Information (Kominfo), every method and format of electronic signature can be legally recognized, as long as it meets the provisions of electronic signature elements.

This provision is regulated in Article 11 of Law Number 11 of 2008 concerning Electronic Information and Transactions. The following reads:

Electronic Signatures have legal force and legal consequences as long as they meet the following requirements:

In Government Regulation Number 71 of 2019 concerning the Implementation of Electronic Systems and Transactions, electroic signatures can be used as an authentication and top verification tool:

In Indonesia, there are two types of electronic signatures, namely certified electronic signatures and uncertified electroic signatures.

According to Article 60 paragraph (3) of PP No. 71/2019, certified electronic signatures must meet the following requirements:

Meanwhile, uncertified electronic signatures were made without using the services of Indonesian Electronic Certification Organizers.

That's electronic signature information. Is electronic signature recognized? Every electronic signature is legally recognized, as long as it meets the provisions contained in the law. To get other interesting news, keep reading VOI.ID.