![]() A company acting in bad faith could simply copy the digitized version of your handwritten signature from one document and add it to another, then claim that you agreed to a contract that you never actually signed. Unfortunately, electronic signatures are easy to replicate. These three documents form the basis for all electronic signature laws in the United States and Europe.īecause electronic signatures are defined so broadly, signing a document can be as easy as uploading an image of your signature to your computer and using it to “sign” a PDF document by adding it to a PDF file. ![]() This definition is similar to those found in the Uniform Electronic Transactions Act (UETA) and the eIDAS Regulation in Europe. Virtual signatures are commonly known as electronic signatures or e-signatures.Īccording to the Federal ESIGN Act of 2000, an electronic signature is defined as, “an electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted by a person with the intent to sign the record.” Let’s take a closer look at virtual signatures, how they work, and what software tools you can use to ensure that your signed document is legally binding and valid. Fortunately, there is more than one type of virtual signature to protect both senders and signers. These challenges can make transitioning your signing process to a digital medium a real challenge. ![]() Online signatures need to be traceable and secure to protect against the threat of repudiation by the signing party, especially when important documents are involved Using technology tools, companies can create a way to digitally sign documents, eliminating the need to mail proposals, contracts, and agreements or even meet signers in person to fill out mandatory paperwork.īut while virtual signatures can optimize workflows and accelerate signing processes, this process comes with some risk. Virtual signatures, also known as “electronic signatures” are an alternative to signing documents by hand.
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