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Difference Between a Digital Signature And an Electronic Signature?
Electronic Signatures are legal and as enforceable as hand-written ones on a paper document. According to the U.S. Federal ESIGN Act passed in 2000, 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. Based on this definition, an electronic signature can be broken down into different compo-nents that includes a method of signing, Data authentication, User authentication and Capture of intent.
Digital Signature refers to the encryption / decryption technology that uses an encrypted digital certificate to autenticate the identity of the signa-ture associated on the document. When used alone, it cannot capture a person’s intent to sign a document or be legally bound to an agreement or contract.