Monday, April 6, 2020

With remote business and social distancing, now is the time to switch to e-signatures

Businesses are striving to continue to operate normally during the COVID-19 world-wide pandemic. With restrictions on physical meetings, with many businesses are now operating as much as possible remotely. This may raise the question: how to execute documents in these circumstances? Do you wonder whether it is possible to validly execute documents by electronic signature? The short answer is, electronic signatures can be validly used in many circumstances.

An electronic signature allows a person to electronically add a signature to an online contract. An electronic signature (or e-signature) is a digital version of the paper-based method of signing signatures, the person with the intent to sign simply electronically signs the document -- thus removing the necessity of handwritten signatures. It is often an image of a signature.

A digital signature is a different method of validating an online document. Encryption software is required. This involves electronic data, encrypted message and encryption protections. Whilst a digital signature can be grouped with the category of electronic signature, it uses algorithms to create a digital fingerprint or private key (or secret key) unique to your document.

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