Why Electronic Signature is Gradually Replacing the Physical Signature?

Starting from 25 May 2018, a new EU regulation has dramatically changed all the protocols concerning issues like protection of privacy and personal data processing, especially inside the so-called electronic environments (namely all the Internet websites that require an account, or in any case the disposal of users’ personal details, to be explored). The notorious GDPR (General Data Protection Regulation) marked a considerable turn of the screw in terms of private life’s safety for all the electronic devices’ users within the European Union and the European Economic Area. This means that every single data recorded and stored by any third subject (for example a private company or even a public administration) can’t be shared, spread or sent without the explicit consent of its owner. It also means that those abovementioned third parts have to ensure their customers, applicants or simple visitors the widest possible range of privacy settings, so that anyone can choose freely which of his/her data have to be shared and which ones of them have not.

One of the side effects of this empowered safety level on electronic environments is an abrupt increase of trust by users in tools like the electronic signature. And the major evidence of it is the apparently unstoppable success of companies that provides these kind of services, such as Yousign.com, the undisputed European leader in this specific business segment. Now that safety has been secured by the new EU privacy policies, customers seem to not have any further hesitation able to prevent them from entrusting this relatively new tool.

The benefits of electronic signature are crystal clear. First of all, an electronic signature can’t be counterfeit: it is protected by a strict electronic encryption protocol and – if the provider is reliable as much as Yousign.com – it is pretty much impossible to crack. Moreover, transactions conducted electronically and secluded by means like the electronic signature result to be faster and easier to come to an end, since there is no more need of paper documents’ exchange and/or coexistence of the contracting parties on the same place at the same time. A lot of time saving and bureaucratic facilitations: this is the secret of electronic signature, and probably the main reason why it will be replacing the physical one within a few years.

Sophia Anderson

Sophia Anderson is a blogger and a freelance writer. She is passionate about covering topics on money, business, careers, self-improvement, motivation and others. She believes in the driving force of positive attitude and constant development.

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