Explore Your Digital Signature – Questions Answered: compare electronic signature and digital signature

What is the difference between electronic signature and digital signature?

An electronic signature is a broad term that encompasses any electronic indication of intent to sign a document. This can include scanned signatures, typed names, or clicks on a button to approve a document. In contrast, a digital signature is a specific type of electronic signature that uses cryptographic techniques to provide a higher level of security and authenticity. Digital signatures ensure that the signer is who they claim to be and that the document has not been altered after signing.

How to use electronic and digital signatures

Using electronic and digital signatures involves a straightforward process. With airSlate SignNow, users can easily upload documents, fill them out, and sign them electronically. To use an electronic signature, you can simply type your name or draw your signature using a touchpad or mouse. For a digital signature, the process includes generating a unique cryptographic key that is linked to your identity, ensuring a secure signing experience. Both methods allow for quick and efficient document management, making it easier to send and receive signed documents.

Legal use of electronic and digital signatures

In the United States, electronic signatures are legally recognized under the Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions Act (UETA). These laws establish that electronic signatures hold the same legal weight as traditional handwritten signatures, provided that both parties agree to use electronic methods. Digital signatures, due to their enhanced security features, are often preferred for sensitive transactions such as legal agreements and financial documents, ensuring compliance with various regulatory standards.

Steps to complete a document with electronic or digital signatures

Completing a document using electronic or digital signatures with airSlate SignNow is simple. First, upload your document to the platform. Next, use the fill and sign features to complete any necessary fields. Once the document is ready, you can choose to sign it electronically by typing your name or using a digital signature for added security. After signing, you can send the document for signature to other parties, who can also complete the process online. This seamless workflow enhances efficiency and reduces processing time.

Security & compliance guidelines

When using electronic and digital signatures, it is crucial to adhere to security and compliance guidelines. Ensure that the platform you choose, like airSlate SignNow, employs strong encryption methods to protect sensitive information. Digital signatures should include a secure hash function to verify the integrity of the document. Additionally, maintaining a clear audit trail of all signing activities is essential for compliance purposes. This documentation can serve as proof of consent and authenticity in case of disputes.

Examples of using electronic and digital signatures

Electronic and digital signatures are widely used across various industries. For instance, in real estate, agents can send contracts for signature electronically, speeding up the closing process. In human resources, onboarding documents can be signed digitally, allowing for a more efficient hiring process. Financial institutions often use digital signatures for loan agreements, ensuring security and compliance. These examples illustrate how both signature types streamline workflows and enhance productivity in different sectors.