Banks and savings banks have worked steadily towards making electronic commerce safer. The first big step towards that goal was using Auðkenni tokens for authentication.
The fundamental differences between the tokens and e-certificates are as follows:
Only used for online bank authentication
Does not contain any personal information about the owner
Is a key chain
Can not be used for electronic signatures
Does not require any additional hardware or installation
Gives up different numbers associated with the user name and password of the user
Can be used for authentication and fully qualified electronic signatures
Store personal information about the owner, such as name and identity number
Built into smart cards, e.g. debit cards, Auðkenni's e-certificate cards and SIM cards
You will need a card reader and Nexus software to read the e-certificate cards
The correct SIM card will need to be in mobile phones
Use a single PIN for all authentication and electronic signatures