Digital Signatures Are Safer Than Ink on Paper
“Pen and paper is an inferior option for executing legally binding agreements. Yet a recent study commissioned by Adobe Systems Inc. found that 98 percent of surveyed managers “still rely on hard copy in the ‘last mile’ to deliver contracts to get clients and customers to sign on the dotted line.” Such madness needs to cease. Electronic signatures are an idea whose time has long since come… The technology is there. So is the law. With few exceptions, electronic signatures are equal to their ink counterparts. Since being introduced in 1999, the Uniform Electronic Transactions Act has been adopted in 47 states and the District of Columbia. The U.S. federal government joined the party in 2000 with the Electronic Signatures in Global and National Commerce Act. ESIGN has a European counterpart in the 1999/93/EC Directive on Electronic Signatures.”