When your organization is looking to cut down on paper usage and find more environmentally friendly ways of conducting transactions, one solution is to use a digital signature. This type of e-signature is where a document is electronically signed by the appropriate person with the authority to approve different types of agreements or transactions. E-signatures should be encrypted and used along with other types of security measures to prevent unauthorized approvals.
A Digital Signature Solution Includes Using a Certificate Authority System
A digital signature solution, which is available from us here at Digi-Sign, often includes using a certificate authority. This is where the system will generate a public key and a private key, to be used along with the e-signature. The person with signature authority issues public keys to those people who will be sending electronic documents for approval. When a document is sent, it is encrypted using the public key and decrypted using the private key. Once the signature is applied to the electronic document, it is encrypted and sent back to the requester. The requester can decrypt the signature when they have the correct type of certificate, along with their public key.