Electronic signature
Electronic or digital signature allows you to certify legal and commercial electronic documents. For example, contracts, consent agreements, etc. The advantages of electronic signatures over traditional signatures are speed, convenience and cost savings. Therefore, digital signatures are becoming an increasingly popular way to validate agreements and contracts in the digital age.
Electronic signatures can be verified and traceable down to the individual user. This provides a higher level of security in its application. Electronic signatures can be verified and traced back to the individual user.
Electronic signatures use digital authentication technologies:
- encryption,
- PKI,
- biometrics for identity verification.
Electronic signature technology based on asymmetric public key encryption is becoming more and more widespread. It is based on generating a pair of large numbers (public key and private key) that are related to each other. Instead of encrypting the entire document, only the hash, which is the unique identifier of the document, is encrypted. The encrypted hash is the electronic signature.