E-signature or Electronic signature and digital signature are often used interchangeably, but the fact is that these two things are different. The main difference between these two factors is that digital signatures are used to secure documents and are authorized by certification authorities, whereas electronic signatures are associated with a contract where the signer has got the intention to do so. In addition to this, there are so many differences between the two. Let’s take a look at e signature vs digital signature:
Top Highlights of Digital Signature
A digital signature includes a unique feature that is in digital form like a fingerprint that can be embedded in a document. The signers are needed to have a digital certificate so that they can be linked to the document. Digital signatures are authorized by certification authorities that offer digital certificates that can be compared to licenses or passports. A digital certificate is generally used to validate the document to ascertain its authenticity if it has not been forged. This certificate plays an important role when it comes to verifying the identity of the original person with the signature.
A digital signature is used to secure digital documents. There are a number of people who have a tendency to temper with digital documents that can be obtained online but using a digital signature; this can be impossible. The document is completely secured and can be accessed by the authorized person for any alternations. When this signature is applied to a certain document, the certificate is bound to the data being signed into a unique fingerprint. These components are unique, and it makes it more viable than wet signatures. It helps in performing several functions, including
- Prove the validity of the document as well as its source
- Ensure that the document has not been tampered with
- Personal identity has been verified
The next aspect of the digital signature is that it consists of different types that can support two document processing platform, including Adobe and Microsoft.
Top Highlights of Electronic Signature
An electronic signature or e-signature can be described as any electronic symbol, process or sound that is linked with a record or contract when the document is signed by the party involved. The main feature is the intention to sign the document or the contract. The next aspect that makes an electronic signature different from a digital signature is that it can be verbal, a simple click of the box or any electronically signed authorization.
The main significance of an e-signature is that it reveals the intent of the signer in order to sign the document. It is applicable to contracts or other related agreements that can be entered into by two parties. There are different types of e-signatures, and these can legally bind once all parties have shown their commitment and intent in order to enter into a certain contract.
The next aspect of an e-signature is that it helps to verify the document. If it is signed, its validity can be verified where the parties involved can be identified. Keep in mind that e-document can be difficult to verify given that a digital certificate similar to the one for digital signature is not provided. The next is it can be used to execute an agreement. For example, two people agree to meet specific duties, and this agreement can become legally binding when it has been signed by both of them. In this situation, electronic signatures can be used. It generally observes that e-signatures are used in contracts because they are easy to use.