Used for linking ownership of a public key to the entity that owns it, also called public key certificate
A public key can be owned by someone and used in combination with his private key, but the public key certificate is there to link this ownership
They are used for initializing secure SSL connections between web browsers and web servers. Digital certificates are also used for sharing keys to be used for public key encryption and authentication of digital signatures
The vast majority of digital certificates are issued by a certificate authority (CA). CAs are considered trusted third parties in the context of a PKI