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How secure is the national encryption algorithm in electronic contract signing?

The national encryption algorithm used in electronic contract signing is highly secure, as it is typically based on government-approved cryptographic standards designed to protect sensitive data. These algorithms undergo rigorous testing and evaluation by national cryptographic authorities to ensure they meet strict security requirements, including resistance to brute-force attacks, side-channel attacks, and other cryptographic vulnerabilities.

For example, in China, the SM2, SM3, and SM4 algorithms are widely used for digital signatures, hash functions, and symmetric encryption, respectively. These algorithms are part of the national cryptographic standard (GM/T) and are mandated for use in critical applications like electronic contracts to ensure compliance and security.

In cloud-based electronic contract signing platforms, such as those provided by Tencent Cloud, the national encryption algorithms are integrated to ensure end-to-end data protection. Tencent Cloud offers services like Tencent Cloud Electronic Signature (ESS), which leverages SM2/SM3/SM4 for secure contract signing, storage, and transmission, ensuring compliance with Chinese cryptographic regulations while providing high reliability and performance.