In electronic transactions today, especially the banking transactions online, the occurrence of the token key quite a lot. However token key what is and it plays a role in how the transaction? Join us to learn and clarify issues on through the following article:
1. Token key what is?
Token is a term used to refer to digital signatures or electronic signatures, has been encoded into the numbers to information security on the device special. Code token or OTP is a form of code is randomly generated and used only 1 time for each transaction.Token is often used in online transactions. This is viewed as a password required to ensure the security for the transaction.
2. The Token popular today
Currently, the token has 2 common form as follows:
- Hard Token: shaped like a USB is the compact design. This is a device that contains the OTP code consists of 6 random numbers. Every time you perform transactions just click on this device to get the code and implement the transaction. However, every 60 seconds, then the OTP code will change, so please note to get the code right time and not interrupt the transaction.
- Soft Token: is a software to be set on the computer, tablet, smartphone. It will provide the OTP code to your payment each transaction.
Outdoor 02 format above, then the token key has: token Facebook and token bank.
- Token Facebook: this is the coding of Facebook created for the user. With this code you can manipulate like, share, comment that does not necessarily have to login your account.
- Token Bank: this is a series of encryption is the bank provides to its customers to confirm the payment when trading online. On the app, internet banking, mobile banking... the OTP code will be sent through SMS on the phone number that the client sign, or token by the state bank of levels.
3. Pros and cons when using the Token key what is?
When using the Token key, it will have pros and cons like?
Advantages:
- The OTP code will change and only be used 1 time in duration, so if compromised as well
- no effect for the following transactions
- Simple easy to use.
- With compact design, convenient for carrying around
- Is the form most secure security today
Cons:
- Limited point is to use the token key, the user must have the device token. And the cost to purchase the machine will fall into about 200,000 to 400,000
- The validity term of the OTP quite short, so if slow manipulation will interrupt the transactions and to perform the
Currently, many businesses still use devices such as USB token to register number has built a process to sign electronic documents clearly related through the departments leads to the operation is delayed due to the inconsistency between the departments.
To made up of text according to a standard procedure for many parts in business need more integrated system process numberthis solution will help the set up process approved with the right tight for all departments, track progress in the process, sign, save printing costs, the optimal process up quickly and no longer wait “sir” to the company directly.
Can refer to software process Workflow from Vietnam – With more than 40 years providing solutions in the industry, software development, administration. LV-DX Dynamic Workflow also integrate chatbot AI help leaders for control data in the file works up quickly and accurately.
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With the share specific hope have help you have the look and concept specific about Token key what is.From here to help you make the online transactions are convenient and easier.
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