The modern world's technology has changed how the world conducts business. Technology has radically altered processes from marketing to supply chain management to end-user delivery. The signature has retained its importance throughout the shift from paper to computer.
You can write or type on a smartphone, but if you just attach your name to any piece of paper, it will still be considered a sign of a person's bond. Electronic signatures are exploding in use, but how much are you aware of their use cases? How would you know if it is ok to use or legally binding? Are electronic signature companies appropriately using your data?
In this blog, VeriDoc Sign introduces you to the points that you should consider before using any electronic signature solution:
If you want to start with the basics, we need to address that most electronic signature solutions just take a digital copy of the signature you type out and paste it onto a document. This is how they show your signature. If you see it through legally, they also capture your intent to sign. It sounds fair so far. Right?
If we continue to look better, you can recognize the electronic signature you capture using your finger or stylus. But that image has almost no validation for the receiving party. They would not know that it is your signature, that you have signed it and not anyone else, and that it is sent with your permission.
You can ensure the security of internet commerce by using a third-party electronic signature solution to validate any transaction. This is also applicable in the world of digital signatures. Most companies look forward to using just an image of your signature. So, they use a digital certificate to validate the authenticity of a picture of your signature that you have placed on a document. So, even if you need help from these eSignature solutions, you need to find a good one.
It would be best if you considered the nuances of each eSignature solution before choosing one. It would help if you asked yourself some questions. Is document longevity vital to you? How important are legal enforceability and validity? If none of these issues is as essential to you, then any standard eSignature solutions would be sufficient. However, if these issues are essential for you to address and comply with, you need to choose the solution after researching correctly.
Electronic signatures are always better than the traditional wet ones. You can save time, money, and resources. It is always a win-win. But, there is an aspect that needs your attention more. It is the security part. How do you know if an eSignature is authentic?
VeriDoc Sign can do that for you. VeriDoc Sign is the world's first blockchain-secured electronic signature solution that uses VeriDoc Global's patented verification technology and ensures overall security. You can now quickly know if the signature is authentic. What are you waiting for? Sign up for a ten days free trial now.
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