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Showing posts with the label wet signatures

What factors make digital signatures legally-binding?

Electronic signatures have been in use for more than a decade in the EU, US, Canada, and many other countries. Nonetheless, the acceptance rate only started to gain momentum over the past few years. Originally, the hindrances to e-signs adoption included the concerns over their legality, the typical reluctance to embrace new technologies, and the huge up-front costs of the first solutions. In America, for example, it is not sufficient for a transaction just to be legal; the majority of organizations would like to be certain, the said transaction can hold up in a court of law. Many years have passed since various e-signature laws became active. And as expected, electronic signatures solutions are now powerful, elegant, affordable, reliable, and their overall return on investment is unquestionable. That’s said; there are a clear set of guidelines as to what really makes them compliant; and more so, legally valid. Read more -  https://medium.com/@esigngenie/w...

How are electronic signatures better than handwritten wet signatures

As more and more businesses automate their processes, the need to evolve from handwritten to electronic signatures has become increasingly crucial. Handwritten or wet-ink signatures tend to slow down processes because they are mostly dependent on the signatory’s presence and most notably, the exchange of paper. Here are a few reasons why obtaining an online signature is better than a handwritten one. Enhanced security and compliance Even when you receive an original document signed by wet-ink signatures, you can’t be 100% confident that it was actually executed by the right person, or if it hasn’t been altered along the way since wet-ink signatures can be easily forged. On the contrary, with esignatures , only the relevant parties can be in a position to sign a document, given that they are the only ones who can access a private key, handy in executing the signature. Basically, with such a technology, it is impossible for someone to allege that their signature on...