With the rise of digital technology, people and businesses can take advantage of many new opportunities. In the past, you had to wait for a ...
With the rise of digital technology, people and businesses can take advantage of many new opportunities. In the past, you had to wait for a mailman or messenger to bring you the paperwork you needed to sign. Now, all you need are tools that you can use online, like a digital signature.
You've done a digital signature for
a salesperson or a law firm, no doubt. But what is a digital signature, and why
should you use one? Continue reading to find out.
What Is A Digital Signature?
A digital signature is a person's
handwritten signature that has been turned into a digital file. Digital
signatures are also called electronic signatures, e-signatures, and online
signatures. If you have a digital signature, you no longer have to use a pen to
make a real signature.
What's the point of a digital signature?
Some good reasons to use a digital
signature are as follows:
For Security
How can you tell if an e-signature
is safe? You might not understand how automation and blockchain work. But with
these technologies, digital contracts and signatures are safer than ever
before.
Digital signatures are very safe, so
many people use them for legal documents, business contracts, receivables, and
more.
With an electronic signature and a
strict verification process, a digital certificate is made automatically. This
proof shows how the document was signed digitally. So, everyone agrees that
digital signatures are valid.
As was already said, blockchain
makes digital signatures safe. This technology provides strong authentication
by using private keys to find out who signed the document.
Blockchain's hashing method makes
sure that the message and e-signature come from the right person. With the
non-repudiation feature of blockchain, a person can't say that he didn't sign a
digital document.
For Convenience
The biggest benefit of digital
signatures is that they are easy to use. And people need this because they have
so much to do.
Before digital signatures, people
had to use a pen to sign paper documents. But the problem is that not everyone
is in the same place at the same time to sign documents on paper. So, they have
to wait for everyone to sign a single document, which could take hours, weeks,
or even months.
With e-signatures, all the problems
that came with handwritten signatures and paper documents were solved. The
digital document can be sent to anyone, anywhere in the world, to be signed.
Within minutes, the person who needs to sign the document can send it back to
you with his electronic signature.
Lots of Real-World Uses
Digital signatures can be used in a
lot of different ways in people's daily lives, such as:
- Real Estate Transactions
Are you getting a new place to live?
You can affix your digital signature to real estate documents for faster
transactions. E-signatures can be put on listing agreements, lease agreements,
purchase offers, and contracts by sellers, buyers, and real estate agents using
their smartphones or tablets.
- Transactions in Health Care
Have you had enough of waiting in
long lines at clinics and hospitals? Digital signatures make it easier to fill
out forms like informed consent and medical records release forms for
healthcare admissions. Instead of using paper admission forms, healthcare
workers can quickly access and enter patient data through electronic health
records with the help of digital signatures (EHR). This makes it easier for
patients because it makes it faster to get their information.
- Legal Transactions
Are you taking care of a claim for a
car accident? Send your lawyer all documents and proof that have been
electronically signed. This will make the legal process and settlement go
faster.
Environment Friendly
Are you tired of all the mail piling
up in your mailbox? Not only do they cause confusion and make it easy to lose
things, but they also look bad and are trash. So, use e-signatures to keep your
home and mind organized. You can also help save trees and protect Mother Earth
in other ways.
Digital signatures are good for the
environment. They help mail carriers, messengers, and shipping companies reduce
the amount of carbon dioxide they put into the air when they deliver paper
documents. People and businesses can go paperless, which will save trees and
cut down on deforestation.
Economical
Digital signatures don't require
people to travel or use paper. They can save money on gas, paper, and other
costs related to signing paper-based documents, like getting to and from work.
In the same way, you can save money
by getting rid of paper bills and using digital signatures for other deals. In
addition to saving money, processing paperwork the old-fashioned way can save
you time and effort.
Conclusion
In our modern, fast-paced world,
digital signatures are a must. They speed up transactions in business, law,
real estate, health care, and other areas. Since electronic signatures are
safe, you can be sure that all of your transactions are legal. E-signatures
can, in fact, make your life much easier. So, it's time to learn about digital
signatures and start using them in your everyday life.