A lot of people still sign contracts with pen and paper. However, the law is now requiring that all electronic means of signing an agreement are legally binding. This is to keep up with the digital age. A digital signature is a form of identification that allows you to electronically sign documents and contracts. It’s similar to having your handwritten signature on a document, but it’s more secure and reliable because it cannot be forged. And here’s the kicker: you can create your own.
So, what are you waiting for? Read on to find out how you can use this new technology in your business today.
Why use a digital signature?
A digital signature can be useful if you’re looking to start a company or create a contract. It’s a reliable way to bind the agreement between two people and make it legally binding. It’s also more secure than a traditional signature because it cannot be forged, which means there is no possibility of someone transferring your digital signature to another document. And since it’s an electronic process, you can sign documents from anywhere in the world as long as you have access to a computer or mobile device.
Oftentimes, signing contracts are a huge hassle. You have to print out the contract and then find a pen to sign with so that you can send it back by mail or fax. Not only does this take up time, but now there are details that could be lost in translation or forgotten altogether.
Instead of going through all those steps, just use your digital signature. There’s no need for printing and mailing anymore, which saves both time and money. Your signature is saved electronically and can’t be forged—so everything will be documented accurately and quickly.
How to create your own digital signature
A digital signature is a crucial part of any business. It’s an electronic form of identification that allows you to electronically sign documents and contracts. This is convenient for many reasons, but the most important one is reliability.
The law now requires all electronic means of signing an agreement to be legally binding. This change coincides with the digital age where paper contracts are getting increasingly outdated. As a result, many people are turning to digital signatures for this very reason: it is more secure and reliable than paper signatures because they cannot be forged, unlike handwritten signatures on paper documents which can be replicated by tracing over them.
To create your own digital signature, all you need is access to the internet and a printer that prints in color or black ink. With these two items, you can create your own digital signature using your preferred electronic signature software.
Using your digital signature for contracts
If you’re a business owner, you probably have a lot of contracts with your customers. Contracts are an essential part of any business agreement and they’re typically signed using a handwritten signature or a digital stamp.
Both methods have their own advantages and disadvantages, but the law now requires that all electronic means of signing an agreement are legally binding.
Your digital signature will be used to validate contracts, so if someone tried to change the contract after it was signed, then their digital signature won’t match up. This makes it much more secure than traditional methods for signing agreements.
This process also allows people to sign documents who may not be physically present- such as overseas business partners or other individuals who aren’t able to attend meetings in person. With this technology, signatures don’t need to be collected face-to-face anymore.
When it comes to digital signatures, the sky’s the limit. You can use your signature to sign any kind of document, send and receive encrypted emails and even encrypt documents and files. So, next time you’re signing a contract, thank your lucky stars (and your future self) that you’ll never need to sign on the dotted line again.