Electronic signatures, also known as esignature, have revolutionized the way we sign documents in the modern digital age. Electronic signatures enable individuals and businesses to sign legal documents, contracts, and other important paperwork with ease and convenience, without the need for traditional pen and paper signatures.
In this blog, we will explore what digital signature are, how they work, their legal validity, and the benefits they offer.
What are Electronic Signatures?
An electronic signature is a digital model of a signature that is used to sign electronic records. It can take many forms, such as a typed name, a scanned image of a signature, or a signature created using a stylus or finger on a touch screen.
How do Electronic Signatures work?
When a document is signed electronically, the signature is implanted in the document with a unique digital identifier that links the signature to the signer. This digital identifier, or digital certificate, is issued by a trusted third party, such as a Certificate Authority, to verify the identity of the signer. The certificate contains information about the signer's name, email address, and other identifying information, as well as a digital signature that can be used to verify the authenticity of the certificate.
Legal Facts of Electronic Signatures Electronic signatures has been identified as lawfully correct in most countries around the world. Under these laws, electronic signatures are treated the same as traditional pen and paper signatures and are legally enforceable in most cases. However, there are certain types of documents that cannot be signed electronically, such as wills, trusts, and other estate planning documents.
Benefits of Electronic Signatures Electronic signatures offer many advantages over traditional methods of signatures. Some of the most important benefits are:
- Convenience: Electronic signatures can be signed from anywhere, at any time, using any device with an internet connection.Wesign provide the cheap electronic signature and cheap digital signature as compared to other traditional signatures methods.
- Cost Savings: Electronic signatures eliminate the need for paper, ink, and postage, reducing the cost of document signing.
- Time Savings: Electronic signatures can be signed and transmitted in a matter of seconds, saving time and streamlining the signing process with this esignature platform.
- Security: Electronic signatures use encryption technology with digital signature platform to ensure the authenticity and integrity of the signed document, reducing the risk of fraud and tampering.
Conclusion
Electronic signatures are a convenient, secure, and legally valid way to sign documents in the digital age. They offer many benefits over traditional pen and paper signatures, including cost savings, time savings, and convenience. With the increasing prevalence of digital transactions, electronic signatures are becoming an electronic signature tool for individuals and businesses alike.