E-SIGNATURE

An electronic signature is any document that has been signed electronically. An electronic signature is a signature made by a person electronically through any electronic signature application like CryptoESIGN. Several countries have enacted laws that support eSignatures as valid signatures, like paper-based signatures done with wet ink. Besides supporting the fundamental legal requirements, it is now being embraced widely by the corporate world. Many industries such as financial services, real estate, retail, insurance, and many more use eSignatures today. With pandemic, even small and medium enterprises (SME) have started using eSignatures to execute contracts and agreements with business partners.
In the current era of pandemic where the world has turned to digital, business must go on as usual. Companies need to execute documents, agreements, contracts etc.,
which was hitherto done personally or face-to-face. With social distancing and people restricting their travel and meet-ups, electronic signing is the best and most viable alternative to paper signatures. It not only reduces time but also increases sustainability and provides the best of traceability and identity. eSignatures are here to stay forever and shall replace manual wet ink signatures entirely soon.