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What is an advanced eSignature?
For substantial financial transactions or signing papers with high legal risks, an 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:
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.
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.
Watch this video
Watch this video to know more about how advanced e-Signatures can help your organization achieve convenience and pace.