An electronic signature (e-signature) is a digital signature that can be used to sign documents and other records electronically. Electronic signatures are legally recognized in many countries and accepted as legally valid signatures. This means that they can be used in place of “wet” ink signatures (i.e. a written signature) for nearly any application where a signature is required.
In the past decade, the use of electronic signatures have become increasingly commonplace for the completion of legal documents online. From agreements and contracts to invoices and purchase orders, businesses are now turning to digital solutions for document signing. Using modern technologies, such as Adobe Sign, e-signatures can be seamlessly integrated into existing workflows, allowing businesses to save time and money.
The use of digital signatures also brings with it enhanced security and reliability. Electronic signatures are more secure than traditional written signatures, as they are uniquely associated with the signer and cannot be easily forged. The signer must also provide a valid form of authentication in order to sign a document, and the evidence surrounding the signing process is often auditable.
In order for an electronic signature to be legally binding, it must meet certain criteria. Most countries, including the US, accept most forms of digital signatures as valid, including biometric signatures, social security numbers, and digital certificates. However, not all forms of electronic signatures are valid, and it is important to ensure that the signature meets the legal requirements of the particular jurisdiction.
Understanding the concept of electronic signature can seem complicated, but it is actually fairly straightforward. In short, electronic signatures are legally binding signatures that can be used in place of written signatures. By using electronic signatures, businesses can save time and money, while also ensuring the authenticity of the documents being signed.