We all know that a signature is one of the most important aspects of any legal document and that it can be the deciding factor in whether or not a contract is valid. But what happens when we move away from pen and paper and into the digital world? Are electronic signatures just as binding as ink on paper? In this blog post, we'll explore the legality of electronic signatures and find out once and for all if they're valid in every situation.
First, let's take a look at what is legally required for an electronic signature to be valid. According to the Electronic Signatures in Global and National Commerce Act (ESIGN), an electronic signature is only legal if it meets the following three requirements:
-The signature must be unique to the person signing
-The signature must be under the signer's control
-The signature must be linked to the document being signed
If an electronic signature meets all of these requirements, it is considered just as legally binding as a handwritten signature.
Now that we know what's required for an electronic signature to be valid, let's explore how they're actually created. Electronic signatures are created by using something called an Electronic ID (eID), which is a unique identifier assigned to each person. This eID can be anything from your email address to your Social Security number. When you sign a contract or other legal document, you provide your eID and then use it to create a digital signature. This signature is unique to you and can be verified by anyone who has access to it.
One of the benefits of using an electronic signature is that it's much harder to forge than a handwritten signature. Since they are linked to your eID, any changes made to the document after you sign it will be immediately obvious. Electronic signatures are also timestamped, so you can track when they were created and verify that they haven't been tampered with.
Now that we know all about electronic signatures, let's take a look at some of the common concerns people have about them. The biggest question on most people's minds is whether or not electronic signatures are safe and secure. The answer is yes - Electronic signatures are very safe and secure. They use a variety of security measures, such as encryption and authentication, to make sure that your data is protected. In addition, they are governed by strict laws that ensure their safety and privacy.
So next time you have to sign a contract or other legal document, don't worry - an electronic signature is just as valid as a handwritten one. Just be sure to use a reputable platform, which has some of the most stringent security measures in the industry.
Thanks for reading!