An eSignature, short for electronic signature, refers to a digital representation of an individual's signature that can be used to authenticate or verify the identity of the signer in electronic documents, contracts, or records. An eSignature is created using electronic means, typically using a stylus or a mouse to draw the signature on a digital device or by using a typewritten name that is uniquely associated with the signer.
The purpose of an eSignature is to provide a secure and legally binding way to sign documents without the need for physical presence or ink on paper. It enables individuals or organizations to sign and transmit documents electronically, eliminating the need for printing, scanning, faxing, or mailing physical copies.
eSignatures are commonly used in various industries such as finance, law, real estate, healthcare, and business administration. They offer a convenient and efficient alternative to traditional paper-based signatures as they streamline processes, reduce paper waste, and expedite transactions.
To ensure the integrity and authenticity of an eSignature, advanced security measures are employed, such as encryption techniques, passwords, authentication methods, and timestamping. Additionally, various international and national laws, regulations, and standards govern the use of eSignatures, ensuring their legal validity and enforceability.
In summary, an eSignature is a digital representation of a person's signature that is used for signing and validating electronic documents, offering a secure, convenient, and legally recognized alternative to paper-based signatures.
