What is an electronic signature?
An electronic signature, or eSignature, is any electronic means that indicates that a person agrees with the contents of an electronic message. An electronic signature can also mean that the person who claims to be the writer of a certain message is indeed the one who wrote it.
The US Federal ESIGN Act (passed in 2000) states that an electronic signature is an "electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted by a person with the intent to sign the record."
Simply put, an electronic signature is a personal signature exactly like the one we affix to physical documents to represent our authorship of the contents or our agreement with whatever is stated.
Where is an electronic signature used?
An electronic signature are used on all sorts of paperwork and documentation—employee/employer contracts, NDAs, invoices, tax papers, proposals, startup funding documentation, sales proposals, housing rental agreements, bank and insurance documentation, university and hospital forms, and so on.
How does an electronic signature work?
Import a document
You can import a document from your email, from your cloud storage, or from any other app.
Sign the document
Insert your electronic signature by scrawling your signature on the canvas. Add your initials and date and finalize the document.
Send the signed document
You can email the file, store it in your Dropbox, Box or any other cloud storage app, or download the file to send it later.
Are electronic signatures legal?
Yes, electronic signatures are now recognized all over the world. A series of laws across the world, such as the US Federal ESIGN Act, the eIDAS in the EU, and the Electronic Communications Act 2000 in the UK, have ensured their legality. In many countries, they are considered equivalent to their pen-and-ink counterparts.