The Different Types of E-Signatures

E-signatures, or electronic signatures as they’re more commonly known, are a collection of digital signature protocols used to verify the owner of a file. They are executed digitally and may range from a photograph of a handwritten signature to a digital signature certificate created by critical public infrastructure. With the rise of the paperless office, it’s no surprise that e-signatures have exploded in popularity in recent years; legally binding papers still need to be signed, and e-signatures provide a quick, easy and cutting-edge alternative.

Electronic signatures on digital documents have been widely adopted by corporations, consumers, and even specific governmental procedures. There are a variety of sorts that may be utilized, each with its method for verifying the user’s identity. Electronic signatures are legally binding in many countries and may be used in place of a traditional signature.

Although “electronic signature” and “digital signature” are commonly used interchangeably, they are not synonymous. Digital signatures are a kind of encrypted eSignature generated by a computer program.

What’s the distinction between a digital certificate and an electronic signature?

Digital certificates rely on public key infrastructure (PKI) certificates issued by a reliable certificate authority To verify the requester’s identity. This authentication method is the most reliable for verifying the authenticity of electronic documents and creating a whole chain of custody between the user’s identity and the document itself.

The Electronic Signatures in Global and National Commerce Act (ESIGN Act) of the United States, the Uniform Electronic Transactions Act (UETA), and other relevant international legislation like eIDAS are all met by digital signatures.

Some electronic signatures employ less reliable authentication mechanisms. Addresses, phone numbers and email addresses are all examples of this. The regulations governing electronic signatures vary widely from country to country, as do the standards for establishing the authenticity of a signer’s electronic signature.

Different varieties of e-signatures

Electronic signatures may be broken down into three distinct types. The European Union’s eIDAS regulation (Electronic Identification, Authentication, and Trust Services) was enacted in 2016 and detailed the distinctions (EU). They may be used in the United States as well.

In the European Union (EU), a legal framework for electronic identity, electronic signature, electronic seals, and electronic documents has been established thanks to this law. These signatures have grown pervasive in the online user experience and are commonly pre-set in corporate operations and processes.

  • Simple Electronic Signatures (SES)

The most common and fundamental forms of electronic signatures are those listed above. According to eIDAS, they are “data in electronic form that is related to or conceptually linked with other data in electronic form and utilized by the signatory to sign.” Trust in these signatures is the obligation of the one receiving the document, and the signer is not required to provide identification proof.

There are circumstances in which even the most basic of electronic signatures may be regarded as legally enforceable. However, stricter requirements are imposed by many official papers.

  • Advanced Electronic Signatures (AES)

These signatures need some identity verification beyond that of standard electronic signatures. Certificates that prove the signer’s identity are the foundation of these systems. It is common practice to send these documents via a designated delivery provider that can record and preserve audit trails and other proof of the data’s transmission. An official Certificate Authority verifies the authenticity of these signatures (CA).

  • Qualified Electronic Signatures (QES)

These are like advanced electronic signatures; however, they go further to fulfill different standards stipulated in the eIDAS laws. Certificates based on public keys that were issued using appropriate technical techniques are required for QES. An audited third party, such as a certificate authority, must have previously verified the signer’s identity. This identification procedure may be completed face-to-face, which can take place in person or remotely via video chat.

Suppose your company often sends and receives signed papers. In that case, a specialized workflow management tool may assist you in remaining in compliance with the many rules and regulations associated with signing digital documents.

Most cutting-edge applications provide instantaneous compliance with the eIDAS regulatory criteria, which need locally stored electronic identification credentials, control and secrecy of these credentials, the identity of the signer, and direct linking to the signing.

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