Are eSignatures legally binding?

31 Jan 2024

VeriDoc Sign

With the advent of digitization, according to international law, electronic signatures are a valid way of implementing agreements. Under the federal ESIGN Act, both electronic and digital signatures are legally admissible wherever U.S. federal law holds. In instances where ESIGN is not applicable, UETA applies at times. Introduced in 1999, the Uniform Electronic Transaction Act (UETA) provides the same validations as ESIGN. Electronically signed documents are legally valid if the contract is stored appropriately and can be accessed after completion, and there has been an agreement between both parties, explicitly or privately, to receive information electronically.

The requirements that you would need to meet to have a valid electronic signature are:

  • The consent of the parties. Say you are in a B2B business. You need to state that your clients have consented to this agreement.

  • Say you use e-signature software to create a signature. The software should also record the process you used to create the signatures.

  • If someone wants, they should be able to reproduce the records of that electronic signature. The esignature software should retain and store the data securely.

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 and legally viable, only with VeriDoc Sign.