This article was first published on Agrello - Medium
Legal foundations for digital signatures have existed since late 1990s. Technical implementations particularly took form of electronic signatures and became widely adopted in the due course. Whilst providing a convenient method for non-material transactions, they have since been hacked to expose user data and abuse the system, and even denied legal effect in material cases.
In this post, we will take a closer look at the advantages of digital signatures over simple electronic ones, and explain how a proper implementation of a digital signature service can be:
- more secure, legally complete and independently verifiable,
- compliant with existing advanced electronic signature standards,
- very convenient for signature use and cost-efficient for enterprise use
so you never need to look back and use any other form of signature.
Despite numerous articles and definitions, there is still a bit of confusion about the differences between electronic and digital signatures. Particularly, many definitions are trying to introduce a digital signature through technical implementation aspects, which fails to capture the essence of the matter. For the avoidance of doubt, in this post we will adopt the following definitions:
An electronic signature is an electronic sound, symbol, or process that is (a) attached to or logically associated with a contract or other record and (b) executed or adopted by a person with the intent to sign the record (following the widely accepted definition).
A digital signature is a block of digitally encoded information that can (a) evidently represent a person’s signing intent by being uniquely linked to the person and being capable of identifying the person, and (b) effectively protect the person’s signing intent by ensuring that the person can use the digital signature under their sole control with a high level of confidence and sealing the data signed therewith in such a way that any subsequent ...
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Agrello - Medium