Electronic transaction is the use of computerised electronic system in any kind of transaction. If the act is implemented, it will increase work efficiency and productivity in any kind of transaction between the service provider and the sever taker.
"Implementation of the Electronic Transaction Act 2063, would maximise resources, minimise working costs of the organisations and help check corruption," said Bal Krishna Prasai, Secretary, Ministry of Environment, Science and Technology (MoEST).
Prasai further highlighted on the need for immediate and effective implementation of the Act. "If we fail to implement electronic governance system, we will lag behind in the present world of technology," he added.
Purusottam Ghimire, under secretary of MoEST highlighted on the chapters of the Act, which legalise electronic records, gives legal recognition to the digital signature, institutionalise electronic transaction and has provisions of punishment system for cyber crime.
Ghimire further said that the Act is not complete in itself yet, but needs certain ratification.
"Its scope needs to get broadened during the formation of its regulation," he added.
Rakesh Kumar Shakya, re-engineering specialist (e-Governance), Asian Development Bank, said that the most crucial issue for the implementation of the e-transaction is to maintain confidentiality, integrity, authenticity, which are the basics to maintain trust in the electronic world.
To maintain the authenticity he focused of the need for digital signature that prevents the data from being tampered by unauthorised hands. "The digital signature is the widely known and trusted means to reduce the cyber crime. Challenges come along with opportunity and the best way is to find correct solutions on time," he said.
The speakers further said, electronic transaction is unavoidable to maintain pace with the fast growing cyber world.
They said all big nations wish of having electronic transaction and by 2010, no passports would have authenticity unless they are machine-readable. If the implementation is further delayed, Nepal will be secluded from the rest of the world, they said.
Quelle/Source: The Himalayan Times, 16.03.2007
