Identity Assertion Definition and Examples

Understanding Identity Assertion for e-Signing

Identity assertion is a critical process in the realm of e-signatures that ensures the authenticity of the signer's identity. When you need to sign important documents electronically, verifying who you claim to be becomes paramount. This is where identity assertion steps in—it's the method used to confirm that the person signing a document is indeed who they say they are.

Why Identity Assertion Matters

In today's digital era, fraud and identity theft are significant concerns. Without proper identity assertion, unauthorized parties could potentially sign agreements on behalf of others, leading to severe legal and financial repercussions. Effective identity assertion guarantees that all parties involved in a transaction can trust the legitimacy of the e-signature.

How Identity Assertion Works

Identity assertion can be accomplished through various methods, ensuring flexibility and reliability. Here are some common techniques:

1. Knowledge-Based Authentication (KBA): This process involves answering security questions based on personal information only the individual would likely know.

2. Two-Factor Authentication (2FA): This requires the signer to provide something they know (like a password) and something they have (such as a mobile device for receiving a verification code).

3. Biometric Verification: Utilizing fingerprints, facial recognition, or iris scans can provide a high level of confidence in the signer's identity.

4. Digital Certificates: These are issued by trusted Certificate Authorities (CAs) and bind a public key to an individual’s identity, proving that the signer owns the associated private key.

Examples in Action

• Legal Sector: Lawyers often require verified e-signatures for contracts and legal documents to ensure all parties are who they claim to be.
• Financial Services: Banks and financial institutions use identity assertion to verify customers before allowing them to sign loan agreements or open accounts.
• Healthcare: Patient confidentiality and consent forms necessitate robust identity assertion to protect sensitive medical information.

GoodSign’s Approach

GoodSign, being a leader in the e-signature industry, leverages top-tier identity assertion methods to safeguard the authenticity of every signature. Unlike other services requiring costly subscriptions, GoodSign offers a pay-per-use model at just $1.50 per envelope, making advanced security accessible and affordable.

When you use GoodSign, you're not only getting ease of use and integration but also the peace of mind knowing that every signature is backed by strong identity assertion protocols, ensuring the trustworthiness of your electronic transactions.

Harness the power of e-signing with confidence—choose GoodSign, where security and simplicity meet affordability.