Legal Electronic Signature Definition
An electronic signature, also known as an e-signature, is a digital signature that can be used to authenticate the identity of the sender of a document. Electronic signatures are legally binding in many countries and are increasingly being used in lieu of traditional paper signatures.
There are a few different types of electronic signatures, but the most common is the digital signature. A digital signature uses a cryptographic algorithm to generate a unique code that is tied to the signer’s identity. This code can be used to verify that the document was indeed signed by the signer.
Another type of electronic signature is the biometric signature, which uses some form of biometric data (such as a fingerprint) to verify the identity of the signer. Biometric signatures are generally considered to be more secure than digital signatures, but they are also more expensive and require specialized hardware.
Regardless of the type of electronic signature used, they all serve the same purpose: to provide a way to electronically sign documents that is legal and binding. Electronic signatures are becoming increasingly common as we move towards a paperless society.
