An electronic contract, also known as an e-contract or digital contract, is similar to a paper contract in that it is a legally binding agreement between two parties. However, an electronic contract electronically captures the intent of both parties, and helps to reduce errors and omissions that can lead to disputes down the line. Electronic contracts are drafted in a way that allows them to be executed through digital means such as email, website forms, or even blockchain technology. This process is efficient, secure, and provides extra protection for both parties entering into an agreement.