To keep the momentum of your company in this competitive world, we recommend leaving the paperwork to complete all the business tractions. The reason is that with pen and paper, you cannot meet the requirement that a business expects from you. ItIt means that the process of documentation can be completed without printing, scanning, revisiting, taking signature personally, and getting the approval from all stakeholders by asking them separately. Can we make it possible? Yes, because digital signature online solutions are available in the market to complete the whole process of documentation within minutes and without wasting time and money.
The importance of digital signature has been increased in the Covid-19 Pandemic, as it becomes difficult to reach all the stakeholders in-person. Therefore, more companies need to shift themselves to this advanced technology. The reason is that it is the perfect solution in the current world.
However, the story does end here, as these signatures also have legal value in the United States and many other countries. We will discuss it in detail with all those benefits, which can be crucial to complete the legal proceedings and convert these documents into electronically signed contracts.
So, here we are with a detailed discussion on the legal value of digital signature online:
What is a digital signature?
In simple words, to virtually represent the wet-signature, the companies and individuals use a digital signature. However, we need to differentiate with an electronic signature.
While talking about the electronic signature, it is the way through which you can print or place the wet-signature, which is signed on the paper. Although these signatures also have legal value but to some extent.
With a digital signature, you ensure that all the legal processes have been completed. Moreover, you have made the document secure and protected from all unassigned people and malware. Additionally, the confirmation that all the signers are authentic and approved.
More importantly, cryptographic solutions are used to ensure that only authorized people are accessing the document and signing it. Most of the time, the legal authorities and officials consider digital signatures more authentic and accurate. Therefore, the companies need to prefer a digital signature over the electronic signature.
Can we consider digital signature legitimate?
Many individuals and companies have been aware of electronic signatures since 1999. It was 2000 when the authorities introduced the Electronic Signature in Global and National Commerce Act (ESIGN). With that, Uniform Transaction Act (UETA) was also introduced to help promote electronic signatures in the country.
With the advancement in technology, the legal department implemented numerous changes in these acts to address all the issues that could create legal complications for the businesses. However, it is also important to mention that wet signatures are necessary with some of the documents even today.
Read More
Types of Contracts
Here are the contracts where you cannot use digital signature:
- · Wills
- · Adoption documents
- · Testamentary trusts
- · Divorces
- · Codicils
- · Family law contracts
- · Court orders or notices
- · Legal briefs
- · Official court documents
- · Individual’s rental notices
- · Notice of recall
- · Notice of cancellation
- · Insurance cancellation notices,
- · Hazardous materials documents
- · And some other contracts
Except for these documents and some other contracts, many states of the United States allow using Yes, because digital signature online solutions are available in the market to complete the whole process of documentation within minutes and without wasting time and money.. You can use this technology even for the notarization of official and legal documents as well.
Therefore, it has become an essential part of many companies and individuals. The remaining will be done by one of the most recognized digital signature solution.
Another aspect that we need to keep in mind is that digital signatures also have equal worth in many of the countries except the United States. For example, digital signatures are legitimate in countries like Canada, the United Kingdom, Italy, Australia, New Zealand, South Africa, India, Peru, Chile, and many other European, American, and Asian countries.
However, there may be some exceptions in the laws. However, we assure you that you can come in contact with many businesses all around the world by using a digital signature. It also helps you complete your tasks without facing many issues while converting the documents into digitally signed contracts.
