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Esignature for business
One’s signature is an essential legal asset that one possesses. The act of putting one’s signature creates quite a legal effect. The legality of a manuscript signature has slowly changed to accepting electronic signatures by amendments to various laws in each country. The electronic signature takes two forms of signature, one known as an electronic signature and the other known as a digital signature. In every country, both systems of signature exist. The choice of either is made depending on purpose, legality, and convenience.
What is an electronic signature?
An electronic signature is used as a general term to describe electronic authentication of one set of data (“the content”) by associating it with another set of data (“the signature”). An electronic signature can be as simple as a) putting a PIN or entering a passcode etc., or b) use of biometric technologies; or c) possession of something unique that is required to authenticate to authenticate things.In the above, while using credit cards, to authenticate our payments, we type a PIN in a card charging machine to authenticate electronically. Similarly, employees record attendance through a biometric device in a corporate setup, which equals signing a daily attendance register recording their presence. Sometimes, you possess a magnetic card or similar one to authenticate a commercial transfer value.
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