Digital Contracts Definition
A digital contract is a type of contract that is created and signed electronically. This type of contract has several advantages over traditional paper contracts. For one, digital contracts are more secure since they cannot be altered or tampered with as easily as paper contracts can. Additionally, digital contracts can be stored electronically, which makes them easier to keep track of and retrieve if needed. Finally, digital contracts tend to be more efficient and cost-effective than paper contracts since they can be sent and signed electronically without the need for printing or mailing costs.
