What is an advanced eSignature?
For substantial financial transactions or signing papers with high legal risks, advanced electronic signature, which is more secure, is advised. The definition of a standard electronic signature is quite broad and susceptible to interpretation. According to the eIDAS Regulation, advanced electronic signatures must meet more severe identity verification standards and hence have a better level of security.
As a result, a sophisticated electronic signature must:
Security
Be linked to its signer in a unique and unmistakable way, allowing the signer to be properly identified. Be made using only the signer's controllable devices, such as their phone or personal computer. Ensuring that the document it refers to can't be changed.
Transparency
This can be accomplished via technologies like Certinal's suggested upload and live verification of the signer's ID and its inclusion in the audit trail. n the event of litigation, adding the signer's proof of consent, such as a checkbox to verify that the document is correctly read or a text to be copied before signing, can demonstrate the signer's willingness to sign the document even more.
Compliance
These identity verifications and consent proofing technologies can be coupled to increase the legal validity of the signature.
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power of Certinal digital signatures?
- Flexible Pricing
Transparent and Customized pricing for all types of digital signature requirements. - Greater Efficiency
AI-powered cognitive assistance for signers for streamlines processes. - Secure Transactions
Choice of authentication methods and identity verification to ensure documents security. - Regulatory Compliance
Protection against fraud and minimizes chances of disputes.