I Secret key (symmetric) - With secret key, the same key is used to encrypt
information and decrypt information. Hence the operation is symmetric. With
secret key systems you don't know who sent the message or if it is for a specific
recipient, because anyone with the secret key could create or read the message.
Asymmetric crypto system means a system of a secure key pair consisting of a
Private Key for creating a digital signature and a public key to verify the digital
signature;
Digital signature means authentication of any electronic record by a subscriber by
means of an electronic method or procedure in accordance with the provisions of
section 3;
Key pair, in an asymmetric crypto system, means a private key and its
mathematically related public key, which are so related that the public key can verify
a digital signature created by the private key;