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Also, a bill that is closely related to our lives passed the National Assembly.

It is said that the accredited certificate, which has been pointed out as uncomfortable, will disappear in 21 years. Then, the reporter Park Chan-geun will summarize the question of whether you can continue to use the accredited certificate you are using and what will change in the future.

<Reporter> If the

revised electronic signature law is enforced six months later, the institutions that issued the accredited certificate will no longer be able to use the expression 'accredited'.

The name 'authorized' is removed, but existing certificates can be used.

The KFTC intends to increase the short period of validity, which has been pointed out as a disadvantage, to three years, and introduce simple authentication such as fingerprints and patterns to compete with private certificates.

Financial life like online banking or internet shopping payments hasn't changed much.

This is because in 2014, cards, banks, and insurance companies have already abolished the system that mandates the use of public certificates.In the private sector, simple authentication methods using only fingerprints or passwords such as Kakao Pay authentication, pass, and bank sign have become widely established.

Changes are inevitable for some public institution services that have only accepted official certificates such as year-end settlement.

As the status of 'accredited' disappears, it is highly likely that private certificates with convenience will replace existing accredited certificates.

It is a general assessment that the security of private certificates is not lagging behind.

[Oh Jung-geun / Chairman of Korea Financial ICT Convergence Society: More securely, with the advent of blockchain (in the private sector) recently… It is a payment system that does not have any hacking or such problems as it is almost perfect.] As the

era of monopoly of accredited certificates is coming to an end in 21 years, technological development and service competition in the electronic signature market are expected to accelerate.

(Video coverage: Jang Un-seok, Video editing: Park Jin-hoon, CG: Jun-ho Lee)